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, favonovel.com did not directly oppose these conditions. Instead, favonovel.com 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 favonovel.com 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 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 favonovel.com heard those words, so favonovel.com 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’ in 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.”