Back to 1995

Chapter 530 Sugar-coated Cannonballs
Song Yang, Conor, and Aaron Swartz came to the backyard of the villa. As soon as they passed by, Song Yang saw at a glance that Millia was leading a group of brats in the villa area. He didn't know which one garden.

Ever since Millia came to San Jose, the flowers and plants in this villa community have all been unlucky, and they haven't had a peaceful day...

There is a small swimming pool, chairs, barbecue grills and other things in the backyard. When Gallo had a party, it was held here. Song Yang asked Gallo to take out a few bottles of wine and pushed them in front of Conor.

"Director Bruno, I'm sorry to disturb you so late!"

Conor's posture was very low. When facing Song Yang, he took the initiative to put the Prosperity Bank on the weak side. Conor didn't know what good it would be for him to stand up in front of Song Yang , At this time, it is just playing the bright card.

Facing Conor, Song Yang didn't bother, and said directly, "Mayor Adrian, you have already told me that Prosperity Bank... seems to have encountered some troubles, and PayPal is willing to help Prosperity. Dee Bank, solve this trouble!"

How could Prosperity Bank come to this point if it wasn’t for PayPal and Prosperity Bank’s competition for food, and Adrian’s sidetracking.

However, the complaints belonged to the complaints, and Conor did not dare to "question" Song Yang face to face, so he had to follow Song Yang's words, "Prosperity Bank has indeed encountered some troubles..."

Hearing what Conor said, Song Yang nodded, with a smile on his face, and said to Aaron Swartz who was sitting beside him, "PayPal is very willing to help the partner, what do you think, Aaron? "

PayPal took the initiative to acquire Prosperity Bank, and Prosperity Bank took the initiative to come to the door and begged PayPal to "rescue" it. There is no difference in essence, but the actual impact is completely different.

If it is rumored that PayPal killed Prosperiti Bank and then acquired the other party, then all banks in America will be wary of PayPal and cause PayPal to cause a lot of trouble.

To put it another way, Prosperity Bank was in trouble, but PayPal stepped forward to turn the tide, helped the building to collapse, and saved the life of Prosperity Bank. Now, will your impression of PayPal change drastically?

This seems like taking off your pants and farting, but sometimes there is really no one step less, or there will be big troubles. This time, it was also characterized as Conor, who came to ask PayPal to save Prosperiti Bank. Yeah, but it's nothing like PayPal not letting Prosperiti Bank live, Adrian forcing Conor to sell the bank or something!

"Of course," Aaron Swartz took a sip of his drink, "PayPal has always been willing to help partners, whether they are partners or users!"

Listening to this chorus, Song Yang and Song Yang, who almost called PayPal a great benevolent person, Konar laughed a few times.

"President Conor, PayPal's proposal is to form a controlling stake in Prosperity Bank, to get 51% of Prosperity Bank's equity!"

Song Yang directly said that for Prosperity Bank, PayPal must control the other party and get more than half of the other party's equity.

Conor was not surprised by Song Yang's proposal, but he wanted to struggle a little longer. If it was acquired, Prosperity Bank would become PayPal's younger brother. Who wants to be controlled by others?
I feel that the chances are not great, but Conor still wants to give it a try, "Director Bruno, Prosperity Bank, is willing to start a comprehensive cooperation with PayPal, whether it is online or offline business, including a banking license, but as for Acquisition, Prosperity Bank Board, may need to think again..."

When Song Yang heard this, he couldn't help laughing, he really was playing with the bank, and he had learned the essence of not pulling a hair out of it. He was a white wolf with empty gloves, ate the sugar coating, and returned the cannonballs.

This is Conor, who wants to cooperate with PayPal and get the title of electronic payment concept stock. After relying on PayPal to get through the difficulties, he doesn't want to sell himself to PayPal, or he doesn't want to sell now. Now it is Prosperity When the bank is the least valuable, you may be able to sell it at a high price after waiting for a year or two.

"President Conor, this is different from what PayPal expected. If Prosperiti Bank is unwilling to sell to PayPal, then there is no need for this negotiation. PayPal will issue an announcement tonight to clarify to the outside world. , the news of our cooperation.”

Without Song Yang opening his mouth, Aaron Swartz began to sing about the black face, and directly started a group with a wave of big moves, telling Conor that if you are willing to sell yourself, then continue to talk, if you don’t want to talk, PayPal will release announced.

Hearing this, Conor was not surprised except that he felt a little helpless and bitter in his heart. He just sighed a little. He never dreamed that Prosperity Bank would be reduced to such a point one day...

As for not selling it?

Now it’s up to Prosperity Bank to have the final say. Wall Street institutions and big investors have all started to buy their stocks. Just wait for Prosperity Bank to sell to PayPal. Can make a fortune.

Believe it or not, this acquisition is a scam, and it was Conor who took the initiative to do it. Wall Street will probably eat Conor. By then, Prosperity Bank will die or die. Conor estimates that the professional Career is over.

The atmosphere has been set up here, and the stage has been set up. In this play, Conor has to sing, and those who dare to play Wall Street have never ended well!

"15 billion U.S. dollars." Knowing that the dying struggle is useless, Conor directly began to say the price, "With the current market value of Prosperity Bank, 15 billion U.S. dollars, Prosperity Bank can sell 51% Equity, transfer to PayPal!"

This price certainly cannot be the transaction price, but only by raising the price can Conor have the possibility of bargaining.

"Sixty million dollars!"

Song Yang directly cut him in the middle, "President Conor, we all know the situation of Prosperity Bank, [-] million US dollars is the highest price that PayPal can give!"

Song Yang didn't say it directly, but he actually told Conor that the current Prosperity Bank is worth at most one billion dollars, and PayPal is already a premium.

If PayPal withdraws from the acquisition, let alone the market value of 30 billion dollars, based on the stock price and market value before the news is released, Prosperity Bank is about to delist!

Conor shook his head, this time he didn't make any more concessions, "Prosperity Bank now has more than 71 billion US dollars in user deposits, 1894 employees with experience in banking and risk control, and there are many other places Assets such as office buildings, properties, vehicles, etc.

The purchase price of US$15 billion is not too high for Prosperiti Bank. "

Even if he sells himself, Conor has to sell Prosperiti Bank for a high price, so that he can give an explanation to the board of directors.

Moreover, Prosperity Bank also has some wealth. The headquarters office building alone, plus other miscellaneous industries and real estate, are worth more than 3 billion dollars, and there is a lot of cash flow in the account. If you sell your body for [-] million US dollars, it is not a discounted price, but a bone fracture price, with a slash on the ankle.

"But Prosperity Bank's debt ratio is more than half of these industries. If Prosperity Bank cannot be restored after the acquisition, then PayPal will face trouble!"

Aaron Swartz made up again. It seems that Prosperity Bank is worth some money, but the money owed is not a lot. After buying Prosperity Bank, if you can’t let It becomes profitable, and the money spent will be wasted, and it may have to be thrown into the hands.

At this time, the opinions of the two sides were somewhat divided. Conor was willing to let Prosperiti Bank sell himself to PayPal, but he didn't want to sell it at a lower price, otherwise he would not be able to explain it when he went back.

Aaron Swartz, on the other hand, has the mentality of picking up leaks, and wants to get a big deal for PayPal. He spends too much, so he is not willing to do it!
Seeing that the two sides were going to continue to quarrel, Song Yang said at this time, "5000 million US dollars, this is the final price!"

"President Conor, you know that after the acquisition is completed, the impact of the acquisition amount on Prosperity Bank is actually not that great."

Song Yang looked at Conor and said, after the acquisition is completed, if the stock price of Prosperity Bank rises, then Prosperity directors may earn more by cashing out their stocks.

"If the acquisition is completed, PayPal can hand over the risk control business to Prosperiti Bank, and the other two parties will cooperate in the credit and mortgage business!

President Conor, after the merger between the two parties is completed, you will still be in charge of Prosperity Bank. In addition, you can serve as the risk control president of PayPal, join the PayPal board of directors, and receive PayPal equity rewards. "

Hearing Song Yang's proposal, Conor couldn't help but be moved. Whether it's a bank or an electronic payment platform like PayPal, the risk control department is a powerful department with equal power in the credit and mortgage departments, just like the Bank of Comelica. Kerimiya, he is in charge of the risk control department, which can be said to be very powerful in the Comerica Bank.

Song Yang asked Conor to be PayPal's risk control president, which was equivalent to letting him enter PayPal's right layer, and even improved his status in Prosperity Bank. Help the directors of Prosperity Bank, and now become the president of PayPal Risk Control, and you don't need the birds anymore!

(End of this chapter)