Chapter 161: Undercurrents are surging

In the presidential suite of a luxury hotel. (

"Heh, after spending so much energy, it finally has a result." Tang Bao held a wine glass in his hand and celebrated with Robert and the others.

"Boss. Feitner didn't sign any agreement with us at all, and he said it needed to be approved by the board, which was a complete pretext. Robert said with some dissatisfaction. Although Feitner spoke beautifully, he did not sign any agreement, only verbal promises. These promises are not limited by law, and they can be broken at any time, and there is no sincerity at all.

"Huh."

Tang Bao smiled indifferently.

"That's normal, too. After all, we are not the only one participating in the bid for FirstWisconsin International Bank, but also Bank of America, Wells Fargo, and Japan's Mitsubishi Bank. Wouldn't it be arrogant to rush to sign a binding agreement with either party? If it were me, I wouldn't have signed the agreement! Winnieberg laughed.

"That's just as well!" Robert nodded helplessly.

……

"Huh. Don't worry, as long as the bids from the other parties are not out of the market value range, East West Bank will have a good chance of winning! ”

Tang Bao had an extremely confident smile on his face. During his negotiations with Feitner, he realized that some of the shareholders of FirstWisconsin International Bank were eager to merge with East West Bank so that he could get in touch with Phoenix Pioneer.

Right now.

The performance of the Phoenix Pioneer Fund is very eye-catching, and many investors want to invest in the Phoenix Pioneer Fund, but unfortunately, they are ruthlessly blocked. Except for the capital increase of the original investors, no new investors will be accepted to join. It is no wonder that some shareholders of FirstWisconsin International Bank have this in mind.

It is precisely because of this that Tang Bao has the confidence that East West Bank has the best chance of winning!

Feitner wants to shop around, so let's do it.

Tang Bao waited with peace of mind. If someone outbid him, then there is no regret that East West Bank has failed.

The offer of 1.8 billion US dollars has reached Tang Bao's bottom line, and it is not worth it any more, after all, the scale of FirstWisconsin International Bank is huge, and the number of bad debts is unimaginable. The merger and acquisition is only afraid that it will drag East West Bank through a long-term loss situation.

Time passed.

Feitner is still in intensive talks with several other banks, and at the same time, he has also revealed some of East West Bank's conditions to put pressure on several others.

Wow.

When they first heard the news, Bank of America, Washington Mutual, and others were surprised. Before, they all thought that East West Bank had given up, and they didn't think that Tang Bao had unknowingly completed the negotiations. And judging from Fiitner's tone, Tang Bao's merger and acquisition plan is more favorable than theirs.

After carefully inquiring about East West Bank's acquisition plan, Feitner didn't say much.

Helpless.

All parties are urgently sending people to investigate, and staying until now shows that they have a strong interest in acquiring FirstWisconsin International Bank and will not give up easily.

……

"Boss. Mitsubishi Bank's Jiro Kono wants to talk to you! Nick held the phone and whispered.

Well?

Mitsubishi Bank, it seems that they are also bidding for FirstWisconsin International Bank, what are they looking for me to do. Tang Bao thought suspiciously.

Reach out. Nick hurriedly handed over the phone.

"Hello, Mr. Kono, I'm Tang Bao, what's wrong?" Tang Bao said calmly.

"Mr. Tang. Hello. Mitsubishi Bank would like to work with you! After Jiro Kono greeted him politely, he explained his intention.

"Cooperation?"

"Yes. I heard that Mr. Tang was interested in bidding for FirstWisconsin International Bank, and Mitsubishi Bank was also doing it. If we join forces to compete with other forces, we have a better chance of success. Jiro Kono explained.

Scold.

Tang Bao sneered in his heart, thinking secretly, cooperation? You little Japan is so shrewd! If you really want to cooperate, then why do you go earlier?

It's just that they know that Mitsubishi Bank can't succeed in competing alone, so they want to take a free ride on East West Bank.

"Not interested!"

Tang Bao did not hesitate to reject Jiro Kono's proposal, and now, the United States is strictly vigilant and vigilant against Japanese capital, mixing with the other party, and completely pulling trouble on his body. Besides, he didn't see any benefit to East West Bank's partnership with Mitsubishi Bank.

"Yaga!"

Listening to the beeping sound on the phone, Jiro Kono was so angry that he threw down the phone and cursed.

The next day.

Jiro Kono announced that due to certain factors, Mitsubishi Bank has decided to abandon its participation in the acquisition of FirstWisconsin International Bank.

"Huh?"

Nick was surprised.

"Heh, fortunately I didn't agree, Mitsubishi Bank withdrew at this time, I'm afraid it was political resistance." Looking at this latest news, Tang Bao said leisurely. In the 80s, Americans were afraid of Japanese capital, and this time the Mitsubishi Bank bid was subjected to unimaginable public pressure. However, Tang Bao also has to thank Mitsubishi Bank, it is because of the existence of Mitsubishi Bank, which has attracted the attention of the media, that he can be more relaxed. Otherwise, Tang Bao's acquisition of FirstWisconsin International Bank, the United States would not be so calm.

Ay.

Pity......

Tang Bao secretly sighed that it would be better if Mitsubishi Bank was not in a hurry to withdraw. It can be said that this time to participate in the acquisition of FirstWisconsin International Bank, Japan's Mitsubishi Bank has experienced the most interference and resistance, followed by East West Bank, and now Mitsubishi Bank has withdrawn, I am afraid that East West Bank will become the first bird.

Things developed as Tang Bao expected.

Mitsubishi Bank withdrew from the bid, and the American media rejoiced, claiming that this was a great victory for the United States in resisting the invasion of Japanese capital.

It was as if he had won a big battle.

Then.

The spearhead of public opinion is directed at East West Bank.

It is reported that negotiations between East West Bank and FirstWisconsin International Bank have been completed, and Tang has a good hope of successfully swallowing the 21st firstWisconsin International Bank in the United States. We blocked the erosion of Japanese capital, but we couldn't stop the Don! β€”The Washington Times.

Soon.

Other newspapers and media outlets also reprinted it, and without the shield of Mitsubishi Bank, East West Bank instantly became the target of public criticism.

"Boss......" Nick whispered.

"What's the matter?" Tang Bao's tone was a little impatient, and the momentum of public opinion in the outside world was very unfavorable to East West Bank. His mood was a little irritable.

Call.

Soon realized that there was something wrong with his emotions, hurriedly adjusted, and smiled bitterly: "Nick, I'm sorry, my anger is not directed at you. ”

"It's okay, boss. It's past noon, and everyone is waiting for you to eat! Nick smiled indifferently, he was very open-minded, as a personal assistant, when the boss was in a bad mood. It's normal to bear a little grievance.

"Hmm."

Tang Bao snorted and went out to eat.

……

"President Feitner, how much more time do you need? I understand that you want to negotiate carefully with all parties to find the best solution for FirstWisconsin International Bank, but you can't delay it indefinitely. It's been almost two months! Tang Bao complained with some dissatisfaction.

Then.

"You have to be clear that the debt situation of FirstWisconsin International Bank is getting worse and worse, and if it is delayed, I cannot guarantee that the previous purchase price will continue to be valid." Tang Bao kindly reminded.

Right now.

East West Bank is in the midst of a storm of public opinion, unlike previous reports of the Bank's acquisition plan. This time the reaction was very violent, almost all of them with strong resistance. There have even been small demonstrations in some places demanding that the U.S. government ban East West Bank from its acquisition of FirstWisconsin International Bank.

Tang Bao was very worried and let things go on like this. I'm afraid that East West Bank's acquisition of FirstWisconsin International Bank will end in nothing.

"Uh, Don. Don't worry, I'll speed things up, besides. Let me tell you something, East West Bank's proposal isn't the most attractive. ”

"Huh?"

Tang Bao was shocked.

The Rice Fund bid $2.3 billion, while First International Cincinnati $2.6 billion. Wells Fargo's plan isn't worse than yours either. ”

Sitting on the ground?

Tang Bao forcibly suppressed his anger and calmly replied, "President Feitner, if you think their conditions are better, I have nothing to say. It just so didn't seem to be very welcoming to East West Bank in the U.S. to help FirstWisconsin International Bank, so I simply withdrew. ”

"Ah......h

Tang Bao was about to quit, and Feitner was dumbfounded, which was a big gap from his expectations. I wanted to take the opportunity to increase my chips, but Tang Bao didn't play cards according to common sense at all.

"Don, you know, we're looking to work with East West Bank. At this time, quitting will outweigh the losses for you and me. We've all put in a lot of effort......" Feitner hurriedly reassured, obviously he didn't want Tang Bao to retreat at this time.

"A week, I'll wait another week, if it's still inconclusive. East West Bank will announce its withdrawal! Tang Bao set a deadline.

Without waiting for Feitner to react, he hung up the phone.

As soon as the words fell.

It was reported on the television news that Washington Mutual Bank and Bank of America announced that they were withdrawing from the acquisition of FirstWisconsin International Bank.

Two days apart.

The Rice Fund also withdrew.

So far, there are only three of the many acquisition opponents left, Wells Fargo, East West Bank, and First International Cincinnati!

……

East West Bank hasn't exited yet?

Seeing that the opponents were withdrawing one by one, and East West Bank was still there, some radical Americans were not happy, and waves of opposition from all over the country came one after another.

"I've been reliably informed that East West Bank's bid is not as high as ours, but FirstWisconsin International Bank prefers to work with East West Bank. Well...... Maybe we should do something to get that damn Chinese out of the way sooner. Edward said.

Meantime.

Wells Fargo took similar action, with Rand making an emergency call to several lawmakers, as well as New York Governor Mario Brown. Como.

All of these people have a common characteristic, which is that they are strongly opposed to the expansion of foreign capital in the United States...... (To be continued......) R527