Chapter 174: Surprise, Surprise?
Ha.
After listening to the news reported by Winnieberg, Tang Bao couldn't help laughing in surprise, and his irritable and depressed mood suddenly disappeared.
"Boss, there's good news?" Nick couldn't help but ask curiously, the foreign committee was reviewing the merger and acquisition transaction of East West Bank, and Tang Bao was also under a lot of pressure about this, running around the offices of various members of the committee on foreign investment almost every day.
He hadn't seen Tang Bao smile so happily for a long time.
"Well, the active cooperation of East West Bank, which has been recognized by both the Department of Justice and the Department of Homeland Security, has temporarily dispelled any suspicions that the East West Bank merger will threaten U.S. national security. And the other members of the Committee on Foreign Investment in the Foreign Investment in the United States are also evaluating the determinations of the Department of Justice and the Department of Homeland Security, and there is great hope that the ......review will be over," Tang Bao smiled and revealed the surprise news to Nick.
Yes......
Nick opened his mouth in surprise and was stunned, apparently the sudden change in CFIUS had made it a little difficult for him to adapt.
A few days ago, they were all very tough, and while reviewing the relevant information, they had already begun to prepare for the establishment of an investigation team, so why did they suddenly change their decision?
Seeing that the mountain rain was about to come, the wind was full of buildings, but suddenly, the smoke disappeared and the sky was clear.
"How so...... Boss, although this is great news, why did CFIUS take a 180-degree turn? Nick's heart was full of confusion, and as far as he knew, even Lady Annette had told them. The East West Bank's merger is likely to be subject to a period of review, investigation, and presidential ruling, with no chance of reversal.
But.
At a time when everyone thought there was no turning point, the Committee on Foreign Investment in China (CFIUS) said it was going to abandon the investigation. This change was unexpected.
The news is definitely a piece of news, but I always feel uneasy about this kind of clueless news.
“……”
Tang Bao just smiled lightly and shook his head, what the hell was going on. He really didn't know very much, but he just understood that this thing had changed. The decisive role is played by the Departments of Justice and Homeland Security.
In his opinion.
It doesn't matter what the process is, Tang Bao only cares about the outcome of the matter. Happily, the results are exactly what he wants.
The time to come.
Tang Bao did not continue to talk to Nick about this matter. He happily urges Nick to get his drink, deciding to celebrate. But before the wine was brought in, Nick's phone rang, and he didn't have to think about it to know that he was looking for Tang Bao. Tang Bao walked over and answered the phone.
"Hey."
"Don, I'm Annette." Mrs. Annette said, "There has been a huge change in attitude on the CFIUS side. ”
"Yes, Lady Annette. I've heard about it too. Tang Bao replied with a smile.
Let's be honest.
Mrs. Annette was so devoted to his affairs that he was very grateful and touched.
Just right.
Tang Bao also intends to find Mrs. Annette. Ask for the specific reason, "Mrs. Annette, do you know what CFIUS thinks?" ”
"This ......"
Mrs. Annette was stunned. But he didn't know how to answer, and he was stunned for a long time before reminding: "Tang, I haven't figured out the specific reason yet, it may have something to do with the will of the White House, or it may have been influenced by some people." As far as I know, Wells Fargo is also actively lobbying. Driving East West Bank's M&A ...... I'm curious, Don, did you have some kind of cooperation agreement with the top management of Wells Fargo? ”
"Wells Fargo?"
Tang Bao was stunned for a moment.
"Yes, it's Wells Fargo, and they're aggressively pushing for the East West Bank merger and trying to persuade CFIUS not to investigate the deal." Mrs. Annette replied in the affirmative.
"Heh, I didn't expect Wells Fargo to ......be so enthusiastic," Tang Bao chuckled in a low voice, and then explained the agreement he had reached with Wells Fargo Rand to Mrs. Annette a little.
"That's all ......?"
"yes, that's it." Tang Bao replied affirmatively.
Then.
Mrs. Annette reminded, "Don, the business of the five states, of course, is very important to Wells Fargo, but it is definitely not that important, and this time, they are lobbying much more than you think...... A director of Wells Fargo is said to have met with President Reagan. While I'm not sure that this meeting will have something to do with the East West Bank merger, the timing is really worth pondering. ”
Forehead.
Tang Bao was stunned for a moment, and secretly thought that meeting with the president of the United States should be a very ordinary and ordinary thing for the American business giant.
"Lady Annette, ...... do you mean?"
"Wells Fargo wouldn't be so aggressive for the sake of five states, and I think they must have some purpose that we can't imagine. Don, maybe you should think about what other benefits do Wells Fargo have for the East West Bank merger? Lady Annette mused.
Other benefits?
Tang Bao's brows suddenly furrowed, and he fell into deep thought, East West Bank successfully acquired SIN International Bank, and Wells Fargo Bank annexed the business of Arizona and other five states as it wished, except for that, it seems that Wells Fargo has not received other benefits.
Long.
Tang Bao didn't have a clue.
"Well, Wells Fargo is more aggressive than normal anyway, so you should be cautious about this. I'll help you find out......"
"Well, Mrs. Annette, thank you for the reminder." Tang Bao thanked.
……
Next.
Tang Bao's phone calls were answered again and again, all of them were about the merger and acquisition of East West Bank, but they were all congratulatory voices, and no one reminded them as hard as Mrs. Annette.
For a long time.
The calls were finally answered. At this point, Nick handed over the drink in due time.
But.
With a reminder from Mrs. Annette. Tang Bao's heart was always a little pimple, how could he be in the mood to drink to celebrate, and waved his hand to signal Nick to take the wine away.
There was a moment of silence.
Tang Bao dialed McVeigh's phone. Although this guy is lukewarm to him, but, for the sake of Mrs. Annette's face, he can be regarded as doing his best to help him.
"Hello, Mr. McVeigh, I'm Don." Tang Bao said.
"Oh. Something? ”
McVeigh said coldly, without Mrs. Annette present. The voice is also more aloof.
on this.
Tang Bao was already surprised, and said, "Yes." I would like to ask, why did CFIUS suddenly abandon its investigation into the East West Bank merger case? ”
"Give up, who said that?" McVeigh asked rhetorically.
Forehead.
"Well, yes, I didn't give up. However, their attitude has changed dramatically, and it seems that they have no desire to continue the investigation. Tang Bao said.
on this.
McVeigh was noncommittal, knowing that CFIUS's change of attitude could not escape the eyes and ears of the other party.
"Tang, to be honest, has not yet reached an accurate conclusion on whether he will give up investigating the merger of East West Bank. But, as you say. Various departments have lost interest in investigating the East West Bank merger. Originally, there should have been a review conclusion a long time ago, but. But there was one person who was very insistent and insisted on investigating the merger of East West Bank. McVeigh whispered about the situation.
"Who?" Tang Bao asked subconsciously.
"David, Deputy Secretary of the Treasury David. He was adamantly opposed to abandoning the investigation......" McVeigh whispered. "So some parts, because of David's resolute attitude, also became hesitant. Honestly, if you get David. The review of East West Bank's merger and acquisition should end here! ”
"Oh?"
Tang Bao was surprised. McVeigh was so certain.
"David is the last and most crucial hurdle you have to cross! He's a tough guy......" McVeigh reminded Tang Bao again.
"David ......"
Tang Bao muttered in a low voice.
But.
At this moment, Tang Bao's mind was not thinking about what method to take to get Tang Bao, but what he wanted to figure out more was why the Foreign Investment Committee suddenly changed its attitude.
Just now.
Tang Bao asked McVeigh about this question, but McVeigh cleverly diverted the topic and drew his attention in the direction of how to deal with David.
"Mr. McVeigh, was the East West Bank merger affected by other factors?" Tang Bao changed his angle and continued to explore.
"Heh, Don, you know, since the day CFIUS decided to review, there have been all kinds of factors all the time, professional PR lobbying firms, senior executives at East West Bank and SIN International Bank, pressure from lawmakers, and so on."
Hey.
Tang Bao sneered in his heart, you are trying to cover up, originally he was still unimpressed by Mrs. Annette's reminder, but McVeigh's perfunctory made him vigilant.
"Heh, you don't seem to have been affected by these factors all along, have you?" Tang Bao laughed.
Hear the words.
McVeigh didn't respond, just smiled and said: "Don, you are such a strange person, the Committee on Foreign Investment initiated the review, you are so nervous that you are to death, and now you have given up the investigation according to your wishes, but you are still suspicious and uneasy." Actually, you don't have to think about anything else, for you, abandoning the investigation is very good news for you and for East West Bank, isn't it? I think...... Instead of asking me pointless questions here, maybe you should think about how to solve David's problem! ”
Forehead.
Tang Bao was stunned, yes, McVeigh was right, instead of thinking about so many useless things, it would be more meaningful to solve David's dilemma. No matter what happens, he will resolutely push forward with East West Bank's acquisition of SIN International Bank, so the approval of CFIUS is good news for him. There is no need for him to dwell on it, and there is no need to think about those useless things.
……
"Don, this is your chance, you should take advantage of it. Okay, I still have something to ......" After speaking, without waiting for Tang Bao to answer, McVeigh hung up the phone. (To be continued) R655