(.) The total capital of the No. 1 National Bank of the United States is $600.36 million, and the amount of deposits absorbed is $601.76 million, and according to this ratio, the bank's net assets are $101.86 million. This is a very good bank in a small bank, and David's family has run the bank for 15o years, four generations, although it is still mainly traditional banking, and most of the customers are only community residents and some small and medium-sized enterprises, but the foundation of this bank is still good.

Of course, the net assets owned by the bank and David's worth cannot be equated, after a hundred years of evolution, the current share structure of the No. 1 National Bank of the United States is more complex, of course, the David family has the most shares, a total of about 3%, the remaining 3% of the hands of more than a dozen shareholders, and the last part is held by the state government, investors, and minority shareholders respectively.

According to this calculation, David is not a billionaire, he can barely be said to be a banker and multi-millionaire in a family bank. And this share capital structure, although David is in charge of the No. 1 National Bank of the United States and is the chairman of this bank, he does not have an absolute controlling stake in the chairman, to put it bluntly, it is similar to a nominal chairman and then netbsp; The contrast of strength between the two sides is like two boxers of different ranks, one of whom is doomed to failure. David simply couldn't stop Wells Fargo's takeover of National Bank No. 1 because the rivals were too strong. With Wells Fargo's wealth and status, David imagined that the mercenary shareholders would be eager to transfer their shares to each other, let alone investors and minority shareholders, and everything was meaningless until profit. Even if the 15 percent stake held by the state government falls into the hands of Wells Fargo, Wells Fargo will overwhelm David in terms of stake ratio and thus take ownership of the bank from him.

Although, state governments in the United States have some legal protections for small banks. Don't forget, everything in capitalist society is based on capital, as long as Wells Fargo promises not to fully merge the No. 1 National Bank of the United States into Wells Fargo Bank in order to maintain its operational independence, I think the government will not prevent the other party's merger, even from the court's point of view, the judge at most only thinks that this is a normal business procedure for the conversion of the controlling party of a small bank, as for the hard work and efforts put in by the David family, who cares?

In just ten minutes, David suddenly aged a lot, this is not mental aging, even he looks like a real old man

After a long time, David picked up the phone and called Miss Toris in.

"Notify the shareholders and convene a board meeting." David's voice was filled with great loss, and he commanded.

"David, maybe we have a way to ......." Seeing David's dejected appearance, Miss Toris couldn't help but comfort.

David shook his head and sighed: "There is no way, unless I increase the stake to 6 in a short period of time, but Doris, do you think this is possible?" ”

Miss Toris was silent, which was obviously absolutely impossible. Increasing David's current stake to 6 would require a large amount of money to reverse the takeover, and the funds would not come from the bank, but from David's own pocket.

Although David is a rich man, he can't afford to come up with such a huge sum of money. What's more, once the news of Wells Fargo's merger spreads, the shareholders who own the shares will definitely wait for the price to sell, and the funds they invest will be even greater. There is more money than Wells Fargo, David has no such thoughts, I'm afraid he won't be able to win this game even if he invests all his money into it. It can even lead to personal bankruptcy because of this decision. David is a banker, and he knows this very well, and he will never put all the interests of his family on this doomed gambling table.

That afternoon, the news of Wells Fargo's acquisition of the No. 1 National Bank of the United States spread, and unlike the frustrated David, the shareholders who heard the news were all in high spirits. As shareholders of a small bank, these people are basically millionaires, and although they have worked together for so many years, a large number of them have a good personal relationship with David. But in Western countries, business is business, and under the premise of interests, private friendship has to stand aside, which is the cruelty of capital.

Although David has always been in his position, the No. 1 National Bank of the United States can be regarded as a stable income among small banks, and even has the possibility of hitting large banks for a period of time. However, small banks are small banks, and their capital and scale cannot be compared with large banks, and with the deepening of international economic integration, the resilience of small banks is becoming weaker and weaker, and no one knows whether the No. 1 National Bank of the United States will collapse in a financial turmoil.

In contrast to this situation, the transfer of shares to Wells Fargo, which can afford it, may be a dream opportunity for these shareholders. Looking at the dancing faces, listening to them discuss what price Wells Fargo would offer to buy their shares, David only felt his heart broken.

When all the people arrived, the interim board of directors began to convene. Although David was very reluctant as the chairman, he still read out the content of the fax he received in the morning. As soon as he finished speaking, a director sitting to his left couldn't wait to ask David about the authenticity of the fax.

This director is an old friend of David, and it can be said that he is a family friend of the Buck family. Johnny's father was a partner of David's father and was a vice president at National Bank One for 3 years. Johnny, who was 2 years younger than David, inherited his father's estate after his death, which of course included a stake in the bank, and thus became a member of the board of directors.

Johnny's stake is second only to David on the board of directors, accounting for about O, and it is also the second largest shareholder on the board. But unlike David, who inherited his father's generation, Johnny is a playboy through and through, and in his eyes, in addition to beauty and wine, only the charm of money makes him interested in chasing.

David believes that if Johnny's father hadn't written in his will that the shares held by him could not be sold without authorization, I am afraid that this old playboy would have sold the shares for money. Even so, Johnny complained in front of himself about his father's will, and at this time David even felt that he should not invest a sum of money in the bank to expand his business last year, but should take advantage of that time to buy Johnny's shares. You know, Johnny's father's will stated that Johnny could not sell it without permission, but it also stipulated that it was okay if the Buck family bought it back. If Johnny's shares were bought at the beginning, then now David's shares in his hands can be over 4, maybe it is possible to work hard and obtain absolute control, so even if Wells Fargo offers conditions, as long as David does not nod the other party, there is no way.

It's a pity that there is no regret medicine in this world. David sighed in his heart, and then nodded at Miss Doris, who was sitting on the side.

Miss Toris immediately stood up and explained to the directors in her usual clear and clear tone that the confirmation of the fax had been confirmed, and according to her, after receiving the fax, Mr. David, the chairman of the board, asked her to confirm the authenticity of the fax, and it was clear to everyone that the news of Wells Fargo's acquisition of the United States National Bank had been confirmed.

"That's great news," Johnny smiled, whistling regardless of the occasion, as he was already wondering how much leverage Wells Fargo could offer to buy his shares, and even how to spend the money when he sold his shares. By the way, my yacht seems to be a little smaller, is it a bigger and newer one? In addition, he has always fancied a pure-blooded foal because he didn't want to buy it because the money didn't make it, and now he can finally get it, maybe after a good training, he can send it to the runway, and he can bring himself unexpected honors and bonuses.

Someone who thinks about the same thing as Johnny is here...

The conference room was full of smiles, many people had smiles on their faces, and of course, a very small number of people were silent in thought in shock, not knowing what was going on in their hearts.

"Has the Wells Fargo proposed a specific acquisition plan?" At this point, another director asked.

As soon as these words were asked, most of the people pricked up their ears and looked at David intently.

David shook his head and said: "It's not so fast for the time being, according to Wells Fargo's reply, they will send someone to negotiate in the near future, it should be these few days." ”

Hearing this reply, the questioner was relieved, which means that Wells Fargo attaches great importance to this merger, so they can sell their shares at a good price. The same goes for people who think the same way as him, with a smile on their faces at the same time.

This board of directors is perhaps the briefest David has ever held at the helm of National Bank One, and when the announcement is over, the board will be over. Looking at the directors and shareholders who were happily leaving, David did not get up and leave immediately, but still sat in his place, silently watching this scene.

Perhaps, by the time the next board of directors is over, he will no longer be the chairman, and the No. 1 National Bank of the United States will no longer belong to the Buck family's property. He has spent almost all his life for this bank, and when the curtain finally falls, David only feels empty in his heart.

"David"

Just when David was stunned, a voice sounded in his ears, and when he looked up, he saw his old friend Leo standing aside with a solemn expression, and there were two shareholders behind him.

"Leo." David stood up and asked, confused, "Is there anything wrong with you?" ”

"David, as an old friend, I know what the No. 1 National Bank of America means to you, and although Wells Fargo is powerful, it can't do whatever you want. I don't care what anyone else thinks, at least I want to tell you that I'll be on your side. ”

"And me"

"And Me David"

The other two shareholders said categorically, looking at their concerned expressions and solemn promises, David's eyes gradually moistened for some reason.

"Thank you Leo, thank you...... Thank you," David said in a choked voice, "I feel like I'm enough to have your support in the toughest of times. However, I'm old and don't have the ambitions I used to have, and if I go back two years, maybe I'll be ....... ”

Speaking of this, David shook his head. Leo hurriedly said, "David, are you willing to fail?" We also have the opportunity that if we join forces and convince the state government to put the stake in the state government on our behalf, then we can increase our stake significantly, and we can convince some of the minority shareholders to take their side ...... as well. ”

"No need......." David waved his hand and rejected their kindness. In fact, he had also considered what Leo had proposed, but after careful analysis, even if he did so, the chances of winning were extremely slim. Moreover, doing so may also plunge the No. 1 National Bank into an unexpected abyss, with extremely serious consequences for this small bank. At that point, there may not be a need for Wells Fargo to buy, and the No. 1 National Bank of the United States will not be able to support it on its own. As a member of the Buck family, David has a deeper affection for the bank than anyone else, and he definitely does not want his bank to end its history, even if it changes owners, he also hopes that the United States No. 1 National Bank will continue to continue.

Disillusioned and confused, Leo and the others left the conference room. David watched their departing backs for a long time, and he didn't know how long it had been, until Miss Toris reminded him to drag his heavy steps back to his office.

A few days later, Wells Fargo's team arrived at the headquarters of National Bank No. 1 to meet with David. As David had predicted, Wells Fargo was well prepared before it officially notified the U.S. No. 1 National Bank of the merger. Wells Fargo, for its part, has acquired a 15 percent stake in the board through the state government, making it the second-largest shareholder on the board after David. In addition, after a private acquisition of the shares of some minority shareholders, Wells Fargo has a stake of up to 2, which is enough to prove David's judgment.

Now, Wells Fargo has made a very generous offer to David, which is to directly acquire the 3% share held by David in order to complete the absolute controlling stake. To this end, Wells Fargo reserved the remaining O shares for David, and promised David to remain on the board of directors and even assume the position of honorary chairman. As for the offer price of 3% of the purchase, Wells Fargo put forward an almost unacceptable price, and in the face of this huge amount of temptation, David couldn't help but be stunned.

"May I ask a few questions?" David asked after a moment of silence.

"Of course, please." A man sent by Wells Fargo is about 3 years old, and at first glance he is a shrewd and strong man, and the other party has a very respectful look for a banking veteran like David.

David held out his first finger and asked, "Will Wells Fargo keep the name of this bank after it acquires the No. 1 National Bank of the United States?" ”

The other party smiled and nodded: "This is inevitable, as an acquirer, we like this name very much, and of course we will continue to use it." ”

David's expression remained the same, and he continued to stretch out his second finger: "Will Wells Fargo make a big adjustment to the bank?" In particular, the use of capital increases to change the structure of banks? ”

"Well." The other party thought for a while and replied: "Adjustment is inevitable, to be honest, although the No. 1 National Bank of the United States has done well as a small bank, after all, its ability to resist risks is not high, and the traditional banking business is also a little outdated for the current exhibition of the world banking industry." Of course, the specific adjustment is subject to the actual situation, but I can guarantee that no matter how the adjustment is made, it will not affect the interests of shareholders and depositors, and the traditional business will also occupy an important position in the new No. 1 National Bank of the United States. ”

"That's a good answer." David nodded and said, "Then the last question, what do you think about the existing employees?" ”

Hearing this question, the other party smiled: "I understand what you mean, please rest assured that we will keep the vast majority of employees, and we acquired National Bank No. 1 to make it bigger and stronger, not to end its business." So, in the future, the number of jobs in the bank will only increase, not decrease. ”

David breathed a sigh of relief, the other party's frank admission made him relax a lot, and he had to admit that Wells Fargo was very concerned about this merger and acquisition, and the issues were also very thoughtful.

"I'm fine, but I'm refusing to sell my shares." David replied with a smile. The other party was very happy to hear the first half of the sentence, but when he heard the second half of the sentence, he was stunned for a moment, and looked at David in disbelief.

"Mr. Barker, ...... you?"

David waved his hand and said in a calm tone: "Please rest assured, I did not reject the merger of Wells Fargo, but only refused to sell the shares that belonged to me." You should know that the Buck family has spent generations in this bank, and as a member of the Buck family, I will not abandon the inheritance that my ancestors left me for money. I kept my stake to see if the No. 1 National Bank of the United States could be reborn in your hands after the merger. Maybe when that day comes, I will officially retire, which can be regarded as the stubbornness of an old man. ”

The other party was silent for a while, and finally got up and said solemnly: "I think I understand what you mean, Mr. Buck, I can report your request to the headquarters, and I think the headquarters will agree." However, I hope that the acquisition of shares of other shareholders in the merger will go smoothly, Mr. Barker? ”

David nodded after thinking about it, and it can be regarded as acquiescing to the other party's proposal, because what's the use of him stopping it at this time?

...

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