Breaking News: VNB & Subsidiaries Merge

by Surge with The Tank




Breaking News, The Tank has received a Exclusive Press Release from VNB.

9/28/2020

Details:
Vooperia National Bank, SVNews Plus, and VTech are currently undergoing talks for a merger. Such a merger would be the largest in Vooperian history, and boast new jobs and salaries ranging up to ¢100 per hour. The new firm expects to employ up to 25 Vooperians if formed, and will redesign the payment, banking, and media industries with a focus on convenience and features.

SVNT, standing for SpookVooper National Technologies, would hold over ¢15,000,000 in assets and be a giant in the economy. All current shareholders of VNB, SVNP, or VTECH would have their shares converted directly into SVNT shares for convenience and an expected increase in price if you hold SVNP or VTECH. SVNT would sport its own website, discord server, and management team led by a board of SpikeViper, Pope Francis, and Superjacob.

While further details are currently underway, it should be known that SVNP and VTECH are currently VNB subsidiaries. This move would be to ensure closer work between the companies and allow for finances to be more easily moved across the companies, while allowing for a united front on development and design.```

How the Market will react is uncertain, Stock Prices for VNB have remained steady as Vtech and SVNP have shot up, Vtech breaking hundred credits per share and SVNP just south of that. SVNP has been one of the worst preforming on the stock market, as it hadn't really recovered from its horrendous start on the stock market, which then CEO Senator Pope Francis said was the Fault of a member of the board of MOF, the Now Senator Honk. 

However Vtech has landed itself in a spot of Trouble, With a Class Action Lawsuit currently being run by Senator Honk against Vtech for Failing to notify  customers of a 3% in their Investment System VTIF (Vtech Investment Fund), However VNB has countered with a Conflict of Interest Claim, as Senator Honk works for VNB, and this could present a conflict of interest  for Honk, and land the Customers involved in the class action in a pickle as their Lead Lawyer is gone.