Indulge in Life in America

Chapter 611 Trip to DC (4)

Grandpa has always been responsible for the acquisition of Bodil Bank, and Yang Cheng didn't ask much. In the global banking industry, the name Liu Muqian is definitely a hundred times better than Yang Cheng. It's even more hopeless.

Moreover, the cumbersomeness of acquiring a bank is far from being comparable to acquiring a company. Especially now that the structure is stable and full of pits and valleys, each bank has divided its own interests, and acquisitions and mergers have become more and more difficult.

History is always moving forward in turmoil and repetition. Throughout the world, from the emergence of banks as an institution to the present, there have been a total of 5 waves of mergers and acquisitions in the world, which are:

1. After the Great Depression in 1893 to the post-Great Depression recovery phase in the early 20th century;

2. The recovery phase after the First World War;

3. The recovery phase after the Second World War;

4. In the 1980s, the recovery stage of the world economy after the 1973 oil crisis;

5. In the 1990s, the process of globalization accelerated.

M&A itself is a process of breaking through restructuring and replacing the old economic structure with a new economic structure. Therefore, the occurrence of these five waves of mergers and acquisitions has two common general trends: First, after destructive events, post-war or post-economic crisis economic The recovery stage of the cycle, and the second is the period of the emergence of new revolutions.

But now obviously there is no such trend.

Of course, if you have to count, today’s Internet industry revolution can also be regarded as the last major change. From this, the product of Internet finance was born. Major banks have launched online financial services to improve their competitiveness, but this is not the case. It cannot be an opportunity for Liu Muqian to easily acquire a bank.

Everything still needs to be planned slowly.

In order to meet Richard Durbin conveniently, Yang Cheng did not choose the Waldorf Astoria Hotel where he had been staying for a long time, but stayed at the Watergate Hotel near the riverside in the city center.

At night, the temperature in Washington approached zero again, and the cold was threatening, so Yang Cheng and Susu also lost interest in strolling by the river, and locked themselves in the room after dinner to study the physiological structure of the body.

The next day, Yang Cheng didn't wake up the sleeping Susu, she changed into sportswear and went for a jog on the riverside trail outside the hotel. Hansen and Andrew also changed into tight sportswear and followed behind for morning exercises.

The cold wind was coming, Yang Cheng's face was red from the cold, and he breathed out white mist rhythmically. After running for 2 kilometers, he slowly stopped, holding the railing and looking into the distance, Lincoln Memorial, Capitol Hill, etc. The landmark buildings have a panoramic view, and they look extraordinarily solemn under the misty morning light.

While he was doing stretching exercises, Hansen trotted over with Yang Cheng's cell phone, covered the microphone and said in a low voice, "Boss, Mr. Debin's phone."

Yang Cheng was not surprised. He took the call, and waited for Hansen and Andrew to automatically build up the encirclement circle before taking the phone to his ear in a leisurely manner, "Good morning, Richard."

"Oh, good morning Jason, I didn't expect you to wake up so early?"

"I know you will definitely call early in the morning."

Not knowing whether Yang Cheng was joking or serious, Richard Durbin smiled dryly, "That's right, I'll treat you to breakfast, and the address is ***."

Yang Cheng didn't talk nonsense, "Got it, see you later."

Putting away the phone, he gestured to Hansen, "Driving the car over here, go to ***."

Hansen nodded, picked up the walkie-talkie and said a few words. After a while, the Rolls Royce assigned to him by Richard yesterday drove over along the trail.

Ten minutes later, Yang Cheng, dressed in sportswear and still sweating, came to this unassuming small restaurant.

Pushing open the door, the wind chime sounded melodiously. The inside area was small, only a dozen small round tables were placed, and the Turk with curly hair was at the counter facing him.

At the same time, Richard Durbin shouted at him, "Here~"

Yang Cheng turned his head and looked, and Richard Durbin was sitting on the round table on the right, eating a piece of Turkish pizza happily, and he looked like a big boss.

However, Yang Cheng liked such a natural conversation atmosphere,

It was much more comfortable than being in the castle, and he said directly to the Turkish boss, "Give me a pizza, and another barbecue and French fries."

Richard Durbin's mouth was full, and when Yang Cheng sat down, he gave a thumbs up and said with a greasy mouth, "This Turkish pizza is my favorite."

Yang Cheng shrugged and looked around. The boss went to the back kitchen to prepare food. There were only him and Richard Debin in the whole restaurant. Hansen and the others were blowing the wind outside the door. They didn't want to waste time, so they asked directly, "Say Well, how did you discuss it?"

Richard Debin's smile subsided, he gnawed on the pizza, stared straight at Yang Cheng, and said after a while, "The conditions are still those conditions, but we take a step back as appropriate. First of all, we want 35% of the shares. ;”

Yang Cheng pondered for a while, and found that there was not much difference between 30% and 35%. He had to make a concession, so he simply nodded, "I agree to the first one."

Richard Debin was calm, as if he had expected it, and continued, "Secondly, the Yang family can not make a clear statement, but New Era Media must publish reports that are beneficial to the donkey party, and CW TV station must always follow up The movements of our candidates."

This is a good thing for the CW TV station. After all, it is more convenient to get first-hand information than to investigate and track it yourself. Moreover, it does not need the Yang family's superficial position, which also leaves a buffer for the Yang family. There is nothing to hesitate, " Yes, CW TV station will report all the movements of the Donkey Party candidates throughout the process, and all media platforms of New Era Media will check the news of the Donkey Party to eliminate adverse effects as much as possible."

At this time, Richard Durbin was really relieved, and he put a smile on his face again. Both of them knew that this was the most difficult of all the conditions, and the shares were really not the most important.

"In the end, we only need two board seats, and the choice of the chairman of the board and the CEO should be up to you to decide."

As soon as Richard Debin finished speaking, Yang Cheng readily extended his hand, "Thank you, your efforts will be rewarded as they should be."

The conditions are much more sincere than yesterday, and to be able to regress so much, Yang Cheng believes that Richard Debin has done a good job, and he will never be stingy about this. The words just now are his promise, and your benefits will be indispensable afterwards !

Richard Debin breathed a sigh of relief, and his smile became more natural. His efforts were finally not in vain. All of this was for his family. After he retired, at least his life would be guaranteed.

I don't know if it was a good agreement, but once the business was over, the Turks came to deliver the food with a plate. There is nothing more refreshing than a mouthful of delicious Turkish barbecue on this gloomy morning. ()

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