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Chapter 15

Tangu

The Wang family were meeting again to discuss their takeover of The Green Family Shipping company. Old Man Wang called the meeting to order and asked George for a progress report.

George stood up and said "Father, I have researched the shipping company and have found that it is much larger than we first thought. They own most of their own railcars, lorries, planes and ships. The company is worth over $75 million, after any debts. We cannot afford to outright buy it. But we can try to whittle away some of the divisions. Specifically, I think the trucking and air portion are ripe for the plucking. From what I have uncovered, no one from the Green family has stepped in to take over the management of these devisions yet. If we can find out who these divisions are mortgaged to, perhaps we could buy up the loans and then foreclose the loans in order to take over those operations."

Old Man Wang said " Very good, that's a good start." At which time George's brother Wayne stood
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