Half-the-Harbor Langdon smiled and said, “Is there a third condition?”
Dugg nodded and said, “There is one more thing. You must provide an insurance contract to all small and medium-sized banks that cooperate with Layman Investment Bank to ensure that they can survive this subprime mortgage crisis.”
The third condition made Half-the Harbor Langdon frown slightly, which was also the first time there was any change in his expression.
Soon, after making sure that Dugg did not have any more conditions, Half-the Harbor Langdon spoke.
However, he did not directly oppose these conditions. Instead, he said, “I want to know what I can get after meeting your requirements.”
Dugg immediately replied, “40% of
Layman Investment Bank.”
“That’s it?” Half-the-Harbor Langdon asked.
“Of course. Didn’t you come because of Layman Investment Bank? Even at 40%, you are already the largest single shareholder, and you can declare that you own Layman Investment Bank,” Dugg said.
“Mr. Dugg, first of all, you have to understand that if I take out so much money, what I want is to control Layman Investment Bank. Therefore, if I’m only going to less than 51% of shares, then we can end the discussion now.
“Secondly, the seats on the board of directors can only be divided according to the distribution of equity, but I can personally assure you that after the success of this merger, you will still be chairman so you and your team will not face the risk of being laid off.
“As for the provision of insurance
contracts for small and medium-sized
banks, I’m sorry, I don’t think I can agree
to this because it is too risky.”
Dugg frowned slightly because he could
sense the unreasonableness of the old
Somerland man in front of him..
“Since there won’t be a discussion, let’s
stop here today. I still have a few guests to
see. We’ll talk when we reconsider each
other’s bottom lines,” Dugg directly
hinted at them that it was time to leave.
It was impossible to succeed in
negotiations of this scale in one day, and i
It was not surprising for it to last for a year
or more. Even though Layman could not
wait that long, it was okay for them to
wait a few more days.
Half-the-Harbor Langdon obviously
knew this too. He got up and said, ”
Alright, I look forward to our next
meeting.”
After sending the father -son duo to the
door, Dugg shrugged and said, “If you can
provide us with that much capital, we can
solve the issue regarding the shares
easily. However, the problem is that there
is no room for compromise on the
insurance contract. Layman Investment.
Bank will also participate in this
insurance contract, so you can rest assured on this aspect.
“But of course, if you really don’t want to, it doesn’t matter. However, this is our bottom line and I hope you understand it.”
After the two parties bid farewell, Half-the -Harbor Langdon took Kayden to the parking lot.
As soon as they got into the car, Half-the Harbor Langdon said, “There is something problematic in this matter, and it is a big one.”
Kayden was shocked when he heard those words, so he subconsciously asked, “Dad, are you talking about the insurance contract? But didn’t Dugg say that Layman Investment Bank would also participate in that?”
Half-the-Harbor Langdon shook his head and said, “I just have this hunch, but I’m not sure. However, what I can be sure of is that since Layman is so insistent on the contract, they might not be the one asking for it.”
