When the whole world was attracted by the continuous mad terrorist attacks in Asan and Mumbai at night, after a discussion and quarrel in the conference room of the Starbucks headquarters in Seattle, the group fell into silence.

The timing that Andy Smith chose really made Starbucks difficult to fight back. The board members and the du legislative directors of the three major committees all focused their gloomy eyes on Howard Schultz, the spiritual figure who returned to power this year. Jobs on this Starbucks face.

His series of reform measures really helped Starbucks reduce losses, reduce the impact of the financial turmoil, and let Starbucks regain its brand value.

At the same time, the large-scale closing of stores and layoffs also made investors lose confidence in Starbucks, resulting in the stock price to this price, and gave Andy Smith the opportunity to fully acquire Starbucks.

"Maybe we can convert that 1.2 billion convertible bonds into common stock ..."

Someone finally broke the silence, and Chief Financial Officer Michael Casey sighed in his heart and said something was not the way.

"That was self-defeating, let alone say that this common stock will affect Andy Smith's acquisition plan. The key is that it will completely lose the trust of investors.

In the financial turmoil, do you want Starbucks stock prices to fall into junk stocks? Don't forget, this will not only dilute the other party's shares, but also our own, I disagree! "

"I also don't agree. Andy Smith has tens of billions of cash in hand. Since he decided to acquire Starbucks and absorbed so many shares, he definitely started the layout early. He definitely wanted to deal with all kinds of counterattacks. plan.

Let's be honest, we have lost the initiative and cannot prevent the other party from entering the Starbucks board. The other person has not appeared yet. It only shows that the other party ’s ambition and appetite are too big to want to take full control of the Starbucks company. . . "

This time, the main member of the Nomination and Corporate Governance Committee, he looked at Howard Schultz and several company executives who had been frowning, his eyes sneering.

The three committees and the directors of Du Li are optimistic and welcome from the heart of Andy Smith, because no one will threaten their position. Only the group of executives who have long controlled the company Will be excluded and worried.

Howard Schultz looked around at the expressions of everyone in the conference room, his heart was hazy, because this distributed evenly distributed share, although he can usually play a role in preventing major shareholders from interfering in the company's operations and allowing management to better control the company.

However, there are also disadvantages. Just like Andy Smith facing the wealthy now, they can't take out extra shares to introduce the white knight to block the footsteps of Andy the barbarian.

The only counter-attack method that can be used is the poison pill plan, but in the face of directors who have refused assets and caused huge losses, the possibility of implementing the poison pill plan did not exist from the beginning.

Howard Schultz even thought that the group of directors who were present was anxious for the addition of Andy Smith, the super-rich, to make Starbucks' stock price rebound against the trend and their asset values ​​soared.

"I need to talk to Andy Smith in person, and believe that he will recognize our corporate culture and behavior. After all, this is the cornerstone of Starbucks' business. As long as Starbucks has not shaken at all, we should be optimistic to welcome new directors. .

As for Andy Smith's position. . . "

"Uh-"

While Howard Schultz was reluctant to make a compromise, the door of the conference room was knocked, and soon a staff member pushed in the door, rushing into Howard Shu on the first seat in the distance opposite with a bit of anxiety. He said, "Boss, there is a group of people outside to see you. The head of the person claims to be Andy Smith's representative."

Howard Schultz's pupils shrunk slightly, and everyone in the conference room had different expressions, and the other party finally shot.

"Please come over."

When the staff left, Howard Schultz smiled helplessly: "Let's hear what the other person thinks."

The crowd in the conference room was also dignified, nodded silently, no way, now there is no power to stop Andy Smith, who has a comparable share of the crowd than the crowd in the room.

Not long after, under the guidance of Starbucks staff, a group of business elites with sharp eyes went into the meeting room.

A 30-year-old tall white man with a smile reached out and shook hands with Howard Schultz, headed by Starbucks.

"Hello, Mr. Schultz, nice to meet you. I am the plenipotentiary of Mr. Andy Smith, Olin Smith."

Howard Schultz, shaking hands with Olin Smith, stared at his eyes slightly, with a smile on his face, and welcomed: "I'm glad to meet you, please sit down."

Neither side had ink, and they quickly sat down on either side. Immediately after, Olin Smith took out some documents and handed them to Howard Schultz on the opposite side, smiling: "This is Mr. Andy Smith's share certificate and authorization. book."

After Howard Schultz took over, he smiled at Olin, then turned his face lightly, 2%, 3% and even 0.5% of the share certificate, making Howard sighed helplessly.

After looking through it, Howard smiled again, and handed the documents to David Pace, the executive vice president, and asked Olin: "I don't know what Mr. Andy Smith thinks?"

"This time Mr. Andy Smith's acquisition of Starbucks is just a normal commercial acquisition. Starbucks is a very good coffee chain retail company. Mr. Andy Smith is very optimistic about its development potential.

Of course, Mr. Andy Smith is also a loyal customer of Starbucks. Starbucks ended its strategy of too aggressive and blind expansion. Although sales growth has slowed down significantly, its performance is facing severe challenges.

However, with the return of Mr. Schultz, a series of rectification measures have made Mr. Smith feel that Starbucks will enter a new stage of growth.

Therefore, Mr. Smith is very interested in being able to join the Starbucks family. "

At the words of Olin Smith, all the Starbucks present were staring at each other. For this remark, they did not believe that Andy Smith would implement the acquisition plan with such fanfare just to join the Starbucks board.

"Thank you Mr. Smith for being so optimistic about the development of Starbucks. We also welcome Mr. Smith to join.

However, Starbucks has achieved a preliminary separation of equity and control long ago. This time Mr. Smith joined Starbucks with a 25% stake, which is undoubtedly a subversion of Starbucks.

May I ask if you want to relinquish control of the company to the board of directors? "

Hearing Howard Schultz's words and questions, Olin Smith's smile slowly converged, his face was serious, his eyes were bright and he said to the other side: "First of all, let me tell you the good news. Mr. now holds 30.1% of Starbucks. "

"Wow ..."

"how is this possible..."

"This..."

Listening to the voices of Starbucks, who were all face to face with each other, Olin Smith only continued after a brief pause.

"It's fair to say that as a commercial company, Starbucks has a commendable aspect in fulfilling its corporate social responsibility, which stems from the persistence and excellent corporate culture established by the management.

But after all, Starbucks is for the benefit of shareholders, which is what the global shareholder meeting really means. Business is so cruel.

Commercially, Starbucks requires coffee quality on the one hand and fast opening of the store on the other, but the speed and quality behind it cannot be reconciled. And over time, we have seen more and more irreconcilable contradictions.

Mr. Smith believes that Starbucks needs a clear future development plan and strategy, rather than closing and layoffs after repeated expansions. Therefore, Mr. Andy Smith hopes to serve as chairman and chief strategy officer of Starbucks! "