"President Feitner, we are very sincere and sincerely intend to acquire FirstWissin International Bank!" Teckwah emphasized. (X.

Forehead.

Fettner suddenly came back to his senses, although the appearance of ** Dehua was not expected by him, but because of ** Dehua's repeated statements, he also had to pay attention to it. At the same time, Fettner was also very curious about what kind of skills Dehua dared to speak out and acquire FirstWissin International Bank.

"Mr. Dehua, I've been listening carefully to your terms......" After a moment's silence, Fittner replied, signaling that Dehua could show the price of the acquisition.

However, subconsciously, Feitner did not believe that Dehua was capable of buying the big man of FirstWissin International Bank.

FirstWissin International Bank's share price is about $29 per share, with a total market capitalization of $2.309 billion. Our offer is $2.4 billion! Teckwah smiled and quoted the price, which he was very confident in. In the context of the general distress of the banking industry, this offer is reasonable.

Soon.

** Teckwah added: "President Feitner, we are using an all-cash acquisition approach, and the acquisition is completed and the payment is made in a lump sum. ”

"Okay, I'll report to the board of directors, and when I have the results, I'll contact Mr. ** Dehua." Feitner replied very calmly.

"Waiting for your good news at any time......"

Hanging up the phone, Feitner sat in his chair and thought, to be honest, the takeover offer made by Teckwah on behalf of First International ATI was not very attractive. The only thing that is exciting is that the other party is buying it with cash, and it is a one-time payment. This is especially true for shareholders who are eager to cash out and leave. Maybe it's a big temptation.

……

"$2.4 billion? The purchase price is too low! One of the directors shook his head and said. Apparently disapproving of the offer, the other directors nodded in agreement. Just half a month ago, the market capitalization of FirstWissin International Bank was only one step away from half a billion dollars.

"What I need is bank stocks, not cashing out and leaving when the market is down!" So says a deep-pocketed director. The crisis in the banking sector did not frighten him. Even if the stock price plummets, he is willing to keep the stock and wait for the market to turn around!

"Yes, I'd prefer to hold bank stocks rather than cash!" Someone chimed in.

……

The board lasted less than half an hour. It ended in a hurry. ** Teckwah's takeover proposal was rejected for nothing and unsurprisingly.

"**Mr. Dehua, I regret to inform you that your offer was rejected by the Board of Directors." Feitner informs ** Dehua.

"What?"

Dehua's voice increased suddenly, apparently the result was quite different from what he expected, and he was very surprised. It was vetoed, how could it be.

He felt that the acquisition offer he gave was very reasonable.

Call.

Calm down the ** Dehua. "President Feitner, I would like to know why the board of directors of FirstWissin International Bank vetoed the acquisition. If you don't like something, we can sit down and discuss it. "Teckwah has been eyeing FirstWissin International Bank for a long time, and it is hard to seize the rare opportunity. Obviously, it is impossible to easily retreat because of a small setback.

"First, the offer did not meet the board's expectations; Second, not every shareholder is willing to walk away with cash. Many shareholders tend to hold bank shares! "Feitner was very succinct in telling the Dewah board of directors why it was vetoed.

"Share swap?"

Teckwah asked, trying.

"Yes, it's a share swap. That's what the board means! "Fittner admits authenticity, of course. Executives, including him, are inclined to do just that. FirstWissin International Bank is so large that even if its stock price plummets after being hit, it still has a market capitalization of more than $2 billion. By way of share swap and merger into the new company, FirstWissin International Bank can still occupy a large number of voices.

Share Exchange ......

** Dehua felt helpless, the market value of First International ATI is only more than 100 million US dollars, if it is really a merger and acquisition by way of share exchange, then in the end FirstWissin International Bank still occupies the majority of the equity, which is equivalent to sending them to the door to eat each other.

Apparently.

This is something that Deutschauer will never tolerate, and of course First International ATI will not agree to it!

"President Feitner, how about the cash plus stock?" ** Teckwah asked tentatively, as long as he got a controlling stake, it would not hurt to exchange a small part of the shares.

"Hmm. It's okay to talk! ”

Feitner did not refuse.

The two discussed for about half an hour, and it was considered that there was some progress, and it seemed that both Dehua and Fettner were willing to make a deal. There are just some important issues that neither Dehua nor Fettner have the right to call the shots, and they must be approved by their respective boards.

……

Scold.

At the end of the conversation, Feitner lay down in a relaxed swivel chair, seemingly in a good mood, as if he was very satisfied with the new acquisition proposed by Dehua.

The next few days.

With the minimum authorization from their respective boards, Fittner and Takwah began round after round of negotiations, but progress was slow.

Frequent communication and interaction naturally cannot hide from the eyes of the media. Soon, a reporter learned that FirstWissin International Bank was negotiating with First International ATI, and the latter was interested in acquiring the former. The news broke out, and it immediately caused another shock.

FirstWissin International Bank's share price fell again, hitting new lows. Because the market suspects that firstwissin international bank is really wrong, otherwise, why accept a merger and acquisition from a rival in this sensitive period.

"Hey, hello. I'm Feitner! Feitner's voice was capable and passionate. Although the share price of FirstWissin International Bank has fallen again, he is in a good mood because he has made considerable progress in the merger and acquisition negotiations with ** Dehua. It is not far from reaching a consensus between the two sides.

"Hi Feitner, I'm Rand from Wells Fargo!"

"Rand?"

Fettner was surprised, and secretly wondered what Rand was looking for him. He and Rand had only met once at a business party, and they were familiar, not familiar.

"I've heard about the firstwissin international bank, well, Wells Fargo is also very interested in that." Rand said with a smile.

"Really?"

Feitner asked in surprise. If it can merge with Wells Fargo, it will be more than 100 times stronger than First International ATI.

"Hmm. Fittner, I'll get over there and talk about it at that time,......" Rand said.

"Okay."

Feitner hurriedly agreed.

……

"Hey, Fettner, I'm Haig from the National Bank, and I'd like to talk to you about the acquisition of FirstWissin International Bank."

"No problem!"

Feitner readily agreed, and then quickly agreed on a time and place for negotiations.

……

"Hey, hello. I'm Fettner. ”

"Hello, President Feitner, I'm Fresenden, President of Bank of America. Bank of America is interested in participating in the acquisition of FirstWissin International Bank! After Fresenden reported his home, he quickly explained his intentions.

"Forehead ......"

"Huh? President of Feitner. Could it be that there is a problem? Fresenden heard the hesitation on the phone, his heart suddenly tightened, and he hurriedly asked. For Bank of America, FirstWissin International Bank is a high-quality asset. The acquisition of it can improve the quality of Bank of America.

"Oh no. No problem. Bank of America's interest in the acquisition of FirstWissin International Bank is welcome. Feitner hurriedly said.

……

"Fettner, I'm Livingston, and Washington Mutual wants to be in the race to buy FirstWissin International Bank."

"Hey ......"

……

After the media broke the news that FirstWissin International Bank was negotiating with First International ATI for mergers and acquisitions, Feitner received phone calls from the presidents of more than 20 banks and investment institutions, all of whom expressed their intention to participate in the competition for the acquisition of FirstWissin International Bank.

Before.

Although the market has long been flooded with all kinds of unfavorable news about FirstWissin International Bank, no one has acted until it is confirmed. It wasn't until now that it was determined that there was a real problem with FirstWissin International Bank, and they all came to the fore.

Soon.

Many banks and investment institutions that have contacted Feitner have released rumors that they are interested in acquiring FirstWissin International Bank.

In a flash.

FirstWissin International Bank has become a slur to everyone, and shares edged up 3.6% on the news.

To say.

Whoever is happiest at this time is naturally the board of directors of the international bank of Fitner and FirstWissin, and with so many people snatching it, they can naturally sell it for a good price.

And the most depressed is the first international ATI ** Dehua, seeing that the acquisition intention is about to be reached, who knows that so many competitors suddenly appeared. Some of the opponents are still very strong...... In this regard, ** Dehua was full of regret and helplessness, he and Feitner did not sign any agreement, nor did they have any commitments. He had no reason to stop FirstWissin International Bank from approaching other parties!

……

"Oh, it's really hilarious."

Seeing that more and more banks and investment institutions expressed their intention to participate in the competition to acquire FirstWissin International Bank, Tang Bao said with a low smile.

"Boss. You don't have an idea, do you? Winnieberg asked worriedly.

"Hmm."

Tang Bao nodded.

"Ah...... Boss, the scale of FirstWissin International Bank is very large, and judging from the other party's actions, the rumors in the market may be true. And if it goes wrong, it could create tens of billions of dollars in debt, and it would be unwise for East West Bank to step in. Vieneberg reminded. After a pause, he said: "Boss, East West Bank has been expanding through mergers and acquisitions one after another, it's time to stop and digest it, as long as the integration is good, it can rank in the top 20 in the U.S. banking industry, and there is no need to risk expansion." ”

"Then you say, if East West Bank acquires FirstWissin International Bank, can it advance to the top 10 of American banks?" Tang Bao said with a smile.

"Hmm."

Winnieberg hummed helplessly. FirstWissin International Bank's assets are much larger than East West Bank's.

However, he was worried that swallowing the firstwissin international bank would cause indigestion......

……

The result of the conversation, of course, was to participate in the bidding. Anyone who made up his mind to make a move, it was almost impossible for anyone to convince him to change his decision.

Tang Bao's optimistic Winnieburg is not good!

When he was evening.

Tang Bao announced that East West Bank will participate in the bid for FirstWissin International Bank! (To be continued......) R640