Corporate Merger
Belschaft
07-09-2008, 17:30
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09:39 – 07 September 08
In a shocking move last night the Northstar Corporation and the Harris Financial Group merged to form the Harris-Northstar Corporation. Having merged these two national giants now appear too be a true Mega-Corporation, with significant financial power to outspend several countries. This move had been completely unexpected, but in an increasingly unstable world economy such mergers may become increasingly common as companies struggle to remain solvent.
The combined worth of Harris Northstar is currently unknown, but considering that Harris owns the three biggest banks in Belschaft, and that Northstar has achieved domination in the national mining and heavy manufacturing industries, it will be considerable, with the two companies having an estimated annual turnover of 80 billion dollars. It is currently unknown exactly how the new corporation will be organized, however it is believed that Joseph Harris, the head of HFG, will become the Chairman of the Board of Directors of Harris-Northstar.
It is believed that the corporation will make an official statement later today.
Belschaft
07-09-2008, 17:30
http://kcrg.mediacache.clickability.com/images/kcrg-tv9-news-logo-tv9.jpg18:15 – 07 September 08
Just two hours ago an official statement was released by Harris-Northstar announcing the finalisation of their merger/ It has now been confirmed that Joseph Harris is to become the Chairman of the Board of Directors, while James Rathbone, the Majority shareholder in the Northstar Corporation will become CEO of the company. The two men combined will hold just over 60% of the shares in the corporation, and met today to sign all remaining paperwork.
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Joseph Harris and James Rathbone meeting this afternoon
The official statement issued by Harris-Northstar revealed little beyond officially announcing their intention to begin expanded the new company, and a desire to work together to advance their long term world goals. This lack of information has led KCRG to believe another statement of some kind. Will be issued tomorrow.
Belschaft
07-09-2008, 17:31
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The Harris-Northstar Corporation would like to officially announce its existence to the world. Formed through the Merger of the Harris Financial Group and the Northstar Corporation, we are now the single largest employer in Belschaft. However we have no intention of stopping there. It is our intention to expand worldwide, and become one of the ten largest companies in the world within the next five years. For this purpose we intend to begin expanding internationally. We would be delighted if foreign countries would allow us to establish ourselves inside their nations. Any nations interested in this unique and exciting opportunity need only apply.
Signed,
Joseph Harris, Chairman of the Board of Directors
James Rathbone, CEO
http://www.oxygenservicecompany.com/media/logos/logos-resource/harris-logo.gifhttp://www.nstarpr.com/images/TheNstarLogo.gif
(OOC: Cooool except dont try anything in export import in raz because ZE GREY DEATH HAZ RETURNEDED!)
Belschaft
07-09-2008, 18:07
(OOC: Cooool except dont try anything in export import in raz because ZE GREY DEATH HAZ RETURNEDED!)
OOC- Has it? *remembers back when wos n00b* Good times, and silly ideas? (seriously?)
(OOC: Not Really just remembering the good times. Oh and Nikolai still has some Decendents running around somewhere anways I rememberz when i was noob too. It's funny that we started around the same time cept you've made more of a name for yourself, anways now onto the main event)
To: The Harris-Northstar Corporation
From: President Dakota Georgi Fields II
I have lived in a nation rich with history but plagued with war and unemployment, I ask that you operate in my nation for money and jobs for my own people. It would help Both your profits and My Nation's Unemployment Rate would go down.
Belschaft
07-09-2008, 18:36
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The Harris-Northstar Corporation would be delighted to begin operating in Razorl. We would like to inquire what un exlpoited natural resources remain in your nation, and also if there are any under developed sectors of your economy we can move into?
From: President Dakota Georgi Fields II
To: Harris-Northstar Corporation
Our Arms Manufacturing is at an all time low, Precious Metals Mining is at a low even though we have huge amounts of precious metal in razorlian soil. We also Have an Undeveloped Power Sector which is maintained but undevloped.
Belschaft
07-09-2008, 19:19
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Harris-Northstar would be delighted to begin exploting your untapped mineral wealth, as mining remains one of our major industires. We would like an estimated price for your unexploited areas, and a rough location of them. urthermore we would like to purchase a dissuesed factory and renovate it, so as to begin construct weaponry there, taking advantage of the lower cost of labour in Razorl.
an estimated price from mineral wealth in razorl is expected around 1,974,823,645 Billion USDs, The Location of the Precious Minerals are directly around the northern coast of the Larzanzibian Continent, in the murias Province. We will be sending you elctronical and Physical Maps of the area. Your Purchase of a disused Factory has been dealt with and are able to move into it and renovate immediatly.
Belschaft
07-09-2008, 19:29
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Excellent. The Harris-Northstar Corparation would like to purchase the land directly above the mineral deposists for two billion USD. Furthermore we would like to enquire about the cost of the factory?
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The Holy Empire of Zaheran
Ministry of Commerce
The Harris-Northstar Corporation is welcome to start operating in Zaheran and it's associate territories. In fact, we have a proposal for you. Our Eisland province is a newly acquired territory in the north. It has an unlimited supply of cheap energy from hydroelectricity and geothermal power, but it's infrastructure is quite poor, preventing a effective use of the resources. We are currently looking for investors in the Eisland Development Project, which will build up the necessary industry and infrastructure. A number of large corporations have already invested, but we are currently lacking 12.5 billion reichmarks. If the Harris-Northstar Corporation invest that amount in the Project, we can grant you a monopoly on the aluminium industry in the province. Aluminium production is, as you probably know, very energy consuming, but with cheap geothermal and hydroelectric power the costs can be lowered substantially. As the geology of Eisland is very unique, this would allow you to produce some of the cheapest aluminium products in the world.
OOC: Eisland is the same as RL Iceland. For further information, see this (http://forums.jolt.co.uk/showthread.php?t=552951) thread.
Since your nation has helped us in two diffrent conflicts the factory is free of charge.
Belschaft
07-09-2008, 19:52
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The Holy Empire of Zaheran
Ministry of Commerce
The Harris-Northstar Corporation is welcome to start operating in Zaheran and it's associate territories. In fact, we have a proposal for you. Our Eisland province, a newly acquired territory in the north. It has an unlimited supply of cheap energy from hydroelectricity and geothermal power, but it's infrastructure is quite poor, preventing a effective use of the resources. We are currently looking for investors in the Eisland Development Project, which will build up the necessary industry and infrastructure. A number of large corporations have already invested, but we are currently lacking 12.5 billion reichmarks. If the Harris-Northstar Corporation invest that amount in the Project, we can grant you a monopoly on the aluminium industry in the province. Aluminium production is, as you probably know, very energy consuming, but with cheap geothermal and hydroelectric power the costs can be lowered substantially. As the geology of Eisland is very unique, this would allow you to produce some of the cheapest aluminium products in the world.
http://www.harrisnorthstar.com/%5Ctemplates%5Csiteground-j15-14%5Cimages%5Cnorthstar_logo.jpg
Harris-Northstar is greatly intrested in this proposistion. We would like to enquire as to the the value of the reichmark in USD, and also would be intrested to know how much land is available in Eisland province, s cheap unlimited energy is a very usefull resource. If enogh land is available we would like to construct an entire factorum complex there, producing numerous products and refining minerals we are in the process of aquiring from Razorl.
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The Holy Empire of Zaheran
Ministry of Commerce
We thank you for your fast answer. The current exchange courses is 1 reichmark for 1.8268 USD. As only about 21,000 square kilometers have been colonised, approximately 82,000 square kilometers remain. However, infrastructure in these areas is extremely primitive, so expect 2-4 years before production can start. Prices can be negotiated.
Belschaft
07-09-2008, 20:17
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By our maths that comes too 22.75 billion USD, wich is, to put it bluntly, a considerable amount. What would we receive in return for providing that amount?
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The Holy Empire of Zaheran
Ministry of Commerce
As we stated earlier, you would get a monopoly on aluminium production in the province. The unique geology would give you access to cheap energy, which would make it possible for you to produce extremely cheap aluminium products. Aluminium is today used in everything from aircraft and automobiles to paint, so we would calculate a return of your investments in less than four years from the production start. You will, theoretically, be able to dominate the aluminium market in the same way the Griffincrest Corporation does the oil market.
Belschaft
07-09-2008, 21:32
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Having considered the pros and cons of this proposal Harris-Northstar is pleased to accept, and will be happy to provide 22.75 billion USD needed for the project. However we would like to request that as part of the deal a large area of un colanised land is set aside for our use, fre of charge. We bellieve this to be entirely reasonable as part of the deal. This is open to negotiation.
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The Holy Empire of Zaheran
Ministry of Foreign Affairs
We thank you for investing in the Eisland Development project. We find your request most reasonable, as we espect this project and the following industrialisation to create thousands of jobs in the Eisland province and in mainland Zaheran. Would 5,000 square kilometers of land be enough for your needs? If needed, more can be provided.
Belschaft
08-09-2008, 18:12
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5,000 square kilometres of land should be more than sufficent for now. Harris-Northstar would be delighted to work with Zaheran again in the furure.