Previous ING/ABN AMRO merger talks: ING refused Groenink board-seat

Het Financieele Dagblad has some further news on the merger discussions between ING and ABN AMRO in 2006/early 2007. Apparently Groenink was denied a seat on the merged board. And ING did not wish to pay more than 31 euro a share. And after that ABN AMRO turned to Barclays, with Groenink most likely being anxious not to demand a prime role in the board....