"I am also very interested in SIN International Bank and look forward to discussing the cooperation with President Feitna." Tang Bao said in front of reporters.

Wow.

As soon as Tang Bao's statement came out, it immediately caused a sensation. In the past, so many banking giants and well-known investment institutions announced that they would acquire SIN International Bank, and then there was the magnificent East West Bank, and for a time SIN International Bank became the focus of heated discussions among Americans.

Buoyed by this positive news, SIN International Bank opened the next day with a 3.77% increase in its share price and its stock price returned to $30.

This is also the first time that the stock price has risen twice since the rumors of the crisis of SIN International Bank, and it has to be said that it is not easy!

……

"Ha, Tang's East West Bank is also involved, okay, okay!" Feitner gave an update on the board of directors, and many directors cheered excitedly. In particular, Tang Bao, since the outbreak of the banking crisis, the acquisition action has been continuous and very strong.

Now.

Tang Bao said in front of the media that he wanted to acquire SIN International Bank, and the momentum that was inevitable was vividly displayed.

One of the directors asked, "President Feitner, now SIN International Bank has become the focus of competition among all parties. What are your thoughts on what's next? ”

"Hmm. The idea is there. Including Tang's East West Bank, we received a total of 28 interested acquirers, including 17 banks and 9 investment companies. There are also two buyout funds. Among them, Wells Fargo, Bank of America, Washington Mutual, Bank of Mitsubishi, Sycamore Tree Investment Company, and Rice Fund are the most powerful. Well, East West Bank is a bit special, although its scale is not very large, but the boss behind it is Tang, and it is unclear whether Tang will bring in the powerful Phoenix Investment Group to participate in the acquisition. Feitner passed over in his head and quickly recounted that since it became clear that all parties were going to participate in the acquisition. He sent people to collect a lot of information overnight.

"President Feitner, why are you listing these seven forces separately?" A director asked.

Hear the words.

Feitner smiled and explained, "Everybody. These seven are powerful, and merging with any of them will form a strong alliance, which can effectively help SIN International Bank to get out of its predicament. Of course, in the long run, it is also in the best interest of shareholders. ”

Many directors couldn't help but feel that it made sense that many of the major shareholders of SIN International Bank were reluctant to sell their shares, and it was of special significance to them that they kept a certain amount of bank shares. With a bank behind them, it becomes easier for them to raise money and do business. In a sense, they choose to become shareholders of a bank, and equity returns are secondary. And the hidden potential benefits obtained are what they value.

"President Fettner, are you inclined to reach a cooperation agreement with one of the seven forces?" A director continued to ask.

"Uh. No. I didn't think about it that way, I just said that these seven are the strongest. In fact, I would like to have contact negotiations with each of them, and then select a few that are sincere, and then have detailed talks. Feitner waved his hand in denial, then explained.

"Huh?"

The directors were puzzled. What's the point of deliberately emphasizing Wells Fargo, Bank of America, etc.

"When the conditions for mergers and acquisitions are similar, I will tend to choose these seven." It seems to understand the doubts of many directors. Feitner said.

Breathed a sigh of relief.

Feitner's tone changed and he said, "But...... Not all of these seven forces are perfect! In my scenario, Bank of America, Wells Fargo, Washington Mutual, and Sycamore Tree Investments are the preferred targets, with Mitsubishi Bank, East West Bank, and Rice Funds as alternative targets. ”

"Oh?"

One of the directors couldn't help frowning and said, "As far as I know, Mitsubishi Bank is the most powerful of the seven companies, why isn't it the preferred target?" ”

As soon as the words fell, some directors nodded in agreement. Mitsubishi Bank is one of the top 10 banks in the world, and a merger with it would be worth it, even if it gets much less equity. Because becoming a shareholder of Mitsubishi Bank, in their opinion, they can get a lot more hidden resources than SIN International Bank.

"Huh. Well, I'll talk about why Mitsubishi Bank is an alternative target, and there is no doubt that Mitsubishi Bank is the strongest. However, it is precisely because of the strongest that the shareholders of SIN International Bank who are annexed by them will get much smaller, or even negligible, and you want to get more with the help of Mitsubishi Bank's status as a shareholder, and this wish may be disappointed. In addition, Mitsubishi Bank is Japanese-owned, and it is much more difficult and complicated for them to successfully carry out cross-border mergers and acquisitions. At present, the United States has a strong attitude of resistance to Japanese investment, and the choice of Mitsubishi Bank will face tremendous public pressure. Of course, the pressure of public opinion is a small problem, and the most important thing is that cooperating with Mitsubishi Bank will face a lot of scrutiny, and the progress will not be smooth sailing, and the time for this successful merger and acquisition may be six months, it may be a year, it may be two years, or even longer...... And apparently in the case of SIN International Bank, there is not so much time to wait. Feitner explained.

The directors present became speechless when they heard this. Yes, if you choose to cooperate with Mitsubishi Bank, you may not be approved by the U.S. government to go bankrupt. That's when the value of SIN International Bank will plummet.

"Whew. Strictly speaking, Mitsubishi Bank should be ruled out as soon as possible. I just wanted to put him in the middle of a second target and put more pressure on the other competitors. Feitner laughed.

Well.

The directors nodded in satisfaction. No one has any more objections.

"Let's talk about East West Bank, which can only be said to be a small and medium-sized bank, which is very different from SIN International Bank. It's just that East West Bank's recent frenzied mergers and acquisitions have made me see that their ambitions, or rather, Don's ambitions are very big...... If East West Bank were to merge with SIN International Bank, the shareholders would have a significant stake in the new bank. Of course, East West Bank has its drawbacks. That is, Tang is Chinese and may suffer from the same difficulties as Mitsubishi Bank. It's the U.S. government. Thankfully, a series of previous acquisitions by East West Bank have been successfully completed! ”

"In general, East West Bank has more institutions than Mitsubishi Bank. Of course, if you have one or the other, I would recommend working with East West Bank. Ladies and gentlemen, don't forget, Don has a reputation as a 'prodigy' on Wall Street, and by cooperating with him, you may be able to get unexpected gains! Feitner laughed.

Well.

Speaking of Tang Bao's legendary experience, some directors who have a relative understanding of Tang Bao can't help but become excited. Don is one of Wall Street's most profitable people. Especially after the Phoenix Pioneer Fund announced two consecutive quarters of financial reports, many people saw Tang Bao's amazing earning ability. Now, investors who want to cooperate with Tang Bao. I can't even count them. Unfortunately, Vanguard Fund has long closed the channel for investment, and in addition to accepting increased investment from the original investors, it has not accepted new investors.

Therefore.

Even if many people want to hand over their money to Phoenix Investment Group, unfortunately, people don't accept it.

If you take advantage of this partnership. Maybe you can take a ride with Phoenix Investment Group! That's what many directors are thinking.

"President Feitner, I think it's time to take East West Bank to a more important level...... Optimal goals should be considered! ”

"Yes."

"I agree!"

"East West Bank is a great partner to work with......"

"I agree!"

"I also agree with that......"

……

Feitner saw this. Naturally, I know what these directors are thinking.

"Uh-huh......" was a messy noise, and Feitner frowned slightly and coughed lightly, interrupting the noise of many directors.

"Ladies and gentlemen. I understand that East West Bank is a good partner to work with, but there is a good chance that they will run into the same predicament as Mitsubishi Bank. It just can't pass the government's scrutiny! In the past, although the acquisition of East West Bank was successfully approved, the acquisition amount was very small and the impact on the U.S. banking system was small, but SIN International Bank is different, it is one of the largest banking institutions in the United States, and I don't think it is possible for U.S. government officials and lawmakers to sit idly by. In fact, Tang's acquisitions were accompanied by opposition from officials. Feitner reminded that he is a professional manager with only a small amount of equity incentives, so he should consider things relatively calmly.

"However, the acquisition of East West Bank has not stopped because of opposition!" One of the directors emphasized.

"Yes."

Feitner nodded. After a change of voice, he added: "There is a great possibility that East West Bank will suffer a setback in the acquisition of our SIN International Bank. ”

"Rest assured, East West Bank is a big deal to consider no matter what, and if possible, I share your hope that it will succeed!"

"Hmm."

Although it was helpless, everyone also felt that Feitner's words made sense.

"Also, let's talk about Rice Funds, which is a well-known buyout fund. Well, objectively speaking, the Rice Fund may be able to help SIN International Bank get out of trouble, but it is only about this, and there is no possibility of any leap forward. After all, to make an M&A fund, their goal is to hold the company at a low price, restructure it, and then sell it at a high price...... They don't really want to develop SIN International Bank with peace of mind, with a very obvious short-term utilitarianism, and this short-term utilitarianism may lead SIN International Bank astray! Feitner said.

"The role of Mitsubishi Bank is similar, the Rice Fund is just used to make up the numbers, and it is also a bargaining chip that we use to put pressure on other competitors."

……

Feitner and the board of directors had a meeting that lasted several hours, and Feitner explained the pros and cons of each acquirer in detail.

Then.

It is a heated discussion, which determines some of the bottom lines of negotiations, strategies, and so on......

The top management of SIN International Bank is very busy, and similarly, all parties who announced their participation in the acquisition of SIN International Bank are not idle, and they are carefully gathering intelligence and preparing for negotiations.

Then.

Tang Bao was also looking at a piece of information, which he obtained through some small means, about the negotiation between SIN International Bank and First International ATI. (To be continued) R655