Chapter Ninety-Seven: 16 Banks Took It Together
Williams Bank has issued takeover requests to sixteen small banks in the United States that are about to fail.
During this time, there were a lot of bank failures in the United States. In order to achieve the widest coverage, Williams Bank chose these sixteen banks to be distributed in one state, and there is no duplication at all!
On September 1, representatives of 16 banks attended the Williams Bank takeover conference.
These sixteen banks are on the verge of collapse. Williams Bank's acquisition conference was undoubtedly the last straw for them!!
If you get the Williams Bank, you can come back to life, otherwise, you will die!
Therefore, Williams Bank held this acquisition meeting, which is very meaningful, in order to let them cut each other's prices!!
Whoever has the lowest price, Williams Bank buys it.
Sixteen banks, fierce competition!
Little did they know, however, Williams Bank's appetite was ready to swallow them all!
Inside the conference hall, representatives of sixteen banks were nervous, each worried about whether they would be favored by Williams Bank. Henry supported the meeting, and said a lot at the meeting, presumably to the effect that Bank of America was struggling at a time of crisis, and that bank failures were going on every day. Henry said a lot of alarmist words to frighten the representatives of these sixteen banks.
In the end, Henry announced: "Williams Bank will hold two offers. Neither offer is open, but each bank writes its own offer on paper! Today is the first offer, and the second offer will be held three days later, and it is also the final offer! Williams Bank will decide on the acquisition target according to the amount of your final offer!! please prepare the relevant materials, and Williams Bank will sign the contract on the spot!"
As soon as Henry finished speaking, everyone was in an uproar.
Heng gestured to them with his hand to be quiet, and then said in a deep voice: "The rules are like this, those who don't want to participate can choose to give up!!"
Everyone looked at each other, but no one chose to give up.
Subsequently, Williams Bank staff gave each of them a piece of paper and a pen.
How much should I write?
Everyone frowned and unconsciously peeked at the people around them. But others are not fools, how can they let you see? Block them with your hands so that you can't see them.
Henry sat firmly on the Diaoyu Tai and smiled faintly.
Half a quarter later, Henry ordered the paper to be put away.
"Let's go back, and come back in three days!" said Henry, waving his hand, telling them to leave.
After the sixteen banks represented Williams Bank, they couldn't help but talk about it.
"There are two quotations, and there are three days in between, which is obviously to let us know each other's quotations, and then reduce the price!"
"Yes, you're right! But we can't be at his mercy, we have to fight for the same enemy and try to raise the price!"
"Yes, we have to fight the same enemy and raise the price !!"
"Well, how much did you just offer?!" asked a representative of one of the banks.
"Uh......" one laughed dryly, "Hehe, my price is high, 1." $500 million!"
"Yes? I reported 200 million. ”
"I reported 2. 100 million. ”
"I reported 2. 500 million. ”
"I quoted $300 million!"
“……”
It was the turn of those who said that the prices were getting higher and higher, as if to prove that they were offering high prices and had no hope of being bought by Williams Bank. Therefore, you don't need to reduce the price......
And the first bank representative who quoted the price had a very ugly face and thought, I actually quoted 1. 200 million US dollars, and deliberately raised the price by 30 million US dollars. But you guys are also too shameless, and the more you talk about it, the higher the price. Everyone is a bank of about the same size, and they know the roots, pretending to be chicken feathers, you can quote the price to 300 million?!!
Damn, if you want to pit me, Lao Tzu will report 100 million dollars next time!!
Henry took the quotations of the representatives of sixteen banks at the moment, looked at them, and the highest offer was 1. $800 million, with a minimum offer of $99 million!
"Hehe, I don't know how much they will quote in three days......" Henry showed a meaningful smile, and immediately called an employee and said to him: "Secretly reveal the bank with the lowest offer and the amount of the offer......"
"Yes, Chairman!"
Henry took a sip of his coffee, shook his head, and laughed.
The next day, a small piece of news came that the bank quoted only $90 million.
The representatives of the other 15 banks were immediately filled with righteous indignation and ran to the representative of the bank and asked: "Why did you offer $90 million?!"
Of course, the representative of the bank strenuously denied it: "This is a rumor, I actually quoted only 200 million! I admit that I lied in front of you before, saying that I quoted 300 million US dollars, but in fact it was only 200 million US dollars!!
The people did not believe him and denounced him. At the same time, he was thinking in his heart that since the offer of 90 million yuan was known to them, it would definitely not be insured, so it was better to quote 80 million yuan......
On the fourth day, the time came for the second offer.
In the conference hall, there was silence, and everyone was calculating how much the other party would offer!
Henry doesn't talk nonsense either, just say a few words briefly and ask the staff to send them pens and paper.
Whoa......
In the quiet conference hall, the sound of writing suddenly sounded.
Ten minutes later, Henry took the quotation and said to the crowd, "We need to discuss it before making a decision, please wait!" With that, Henry walked out the door and came to an office to browse the quotations of sixteen banks.
After reading it before a minute was over, Henry couldn't help but laugh!
In the second offer, the most expensive was only $100 million. Most hover between 80 million and 100 million dollars!
Henry then instructed his staff to take out sixteen banks one by one to sign contracts.
Henry, this is Zhou Yu beating Huang Gai, one is willing to fight, and the other is willing to suffer. At present, all the fields have been offered, and in addition to selling the bank, can they still regret it? The hole cards have been revealed, what can they use to negotiate with others? The bank representatives have no choice but to sign the contract with a helpless smile on their faces! By now, they have also known about it. Williams Bank is not buying up a bank, it's going to eat them all!
Alas......
Walking out of the Williams Bank gate, everyone sighed!!
And Williams Bank bought 16 banks in one go, but only spent a total of $1.5 billion!
The next day, Williams Bank announced: "On September 4, Williams Bank acquired 16 banks in the United States, and the 16 banks will complete the handover in the near future and change their name to Williams Bank." In addition, 500 million US dollars will be injected into the 16 banks, so please rest assured that Williams Bank has money and does not have to worry about the collapse of the !!" (please give everyone a favor, vote if you have a vote, and collect it quickly if you don't collect it!! The author Jun has built a book friend group: 424930141, everyone is welcome to join...... )