American Fortune Life
Chapter 1463: Inevitable
"咚咚"
"Come in."
In a spacious office full of luxurious details and highlighting the noble Hollywood Regency style, Andy sat at the very large mahogany desk, which looked extremely heavy, and looked up at the little assistant who twisted his waist.
"what's up?"
"Mr. Arvitelle and Mr. Bardstone are here."
Andy nodded indifferently, "Let them come in." He lowered his head and continued to look at an announcement in the hands of Qualcomm after he noticed that the secondary market was abnormal.
"Boss x2"
Andy looked up at the two most powerful men who came in, smiled slightly, and reached out, "Sit down."
After the two sat down opposite each other, Andy raised his hand and shook the file and said, "You just received the announcement from Qualcomm, right?
You hear, Qualcomm's board of directors and management have continued to implement its strategy, allowing the company to focus on investing in opportunities that can extend its leadership in mobile to new areas while maintaining financial soundness and a good return on capital plan. .
Accurate positioning for the next stage of profitable growth. As its technology and product roadmap expands into new industries, Qualcomm has tremendous opportunities to create significant added value for shareholders.
In a word, Qualcomm is not willing to be acquired, and Qualcomm can rely on its own strength to create a new round of value for shareholders.
Hehe, the time they chose is even more savvy. Tomorrow 24th Christmas Eve, the day after tomorrow Christmas, it will be released two hours before the holiday, and they are up against it! "
"Boss, Qualcomm's response was expected, and it has been very rare for us to solicit a steady pool of money for so long, and there is not much room for operation in the secondary market.
This time Qualcomm noticed that it was also because we and our partners contacted their minority shareholders to acquire shares.
At present, I hold 15.2% of the shares. According to the position information of the investment institutions given in the latest 13f document, 63.01% of Qualcomm's shares are held by major institutions. These institutions are the key targets of our acquisition of Qualcomm's companies.
Boss, I think it's time to go to the front desk and officially announce the decision to acquire Qualcomm. If the current Qualcomm board of 11 directors rejects our acquisition, we directly initiate a takeover offer to shareholders and evolve into a hostile takeover. A "poison pill" counterattack can be launched in accordance with US capital market rules.
However, major institutions will never agree to launch a poison pill plan to harm their own interests. As long as our shares exceed 20%, we can initiate a new board election.
We can divide the shares into six submissions to candidates, and as long as we can control the board of directors, we can complete the first step plan. "
As the chief think tank of Andy, Alvetrie is also the first person in charge of the plan to acquire Qualcomm. Naturally, he is always watching the response of Qualcomm. When he received the announcement of Qualcomm, he held a think tank. At the meeting, the final result of the discussion was to launch a hostile acquisition of the Knights of Black in advance.
"Are you bypassing Qualcomm's board directly?" Andy frowned, and to be honest, he was still a little worried about a capital war that might be launched in the future.
However, the idea of not holding a privatization holding, as long as he can control 6 to 7 seats on the board of Qualcomm, his first acquisition plan will be basically completed.
"At present, how many of the largest holdings of Qualcomm stock may accept our offer?"
"Boss, we don't need to keep an eye on the top ten institutions, whether Blackstone, American Pioneer Group, Fidelity International Investment Fund, State Street Bank and Wellington Management Group. We only need to get their support, we have to What it does is to move those small and medium-sized institutions with quotes.
Use the cash transactions that they cannot refuse to collect Qualcomm stocks in their hands. We can take the lead to promise that the current senior management of Qualcomm will be like retaining. After all, our purpose is not to let Qualcomm fall into turmoil. The boss, you just want the authority of Qualcomm. And shares, aren't they? "
Bardstone's timely analysis said that the more in-depth understanding of Qualcomm, the more optimistic the company's future.
From 1985, Qualcomm was established, mainly engaged in the application service of mobile communication technology in the transportation industry, to the earliest launch of mobile communication solutions based on DMA technology in 1989, and has become the standard maker of this emerging communication industry.
During the evolution from 2g to 3g technology, Qualcomm has accumulated more than 4,000 dma patented technologies, which has always dominated the pace of technological development in the mobile industry.
With the advent of the smart phone era, Qualcomm's mobile microprocessor is the first to support the Android operating system. It is conceivable that with the widespread popularity of the free Android system, Qualcomm will definitely become the overlord of the mobile chip industry.
Bardstone knows that the acquisition will likely evolve into a capital war that will last for months. This will be an unimaginable game of cash consumption by the boss. However, at this time the worst of the financial crisis On the node, promised cash transactions are the killer that can most impress these institutional investors. When they saw the deep frown of the big boss, they said again.
"Qualcomm's success is very similar to Intel's success. In a high-tech field, with high investment in research and development, far-leading technological standards, and extensive patent barriers, it can block almost all competitors' space for survival. Unless the industry With major changes, Qualcomm's position will no longer be threatened in the future.
With the increasing popularity of IT technology, profound changes have taken place in many traditional industries. Whoever can adapt to the times and first introduce IT technology to traditional industries will have the ability to subvert the giants. "
"The current eo Paul Jacobs is the son of the company's founder, Irving Jacobs. This may be a difficult bond to break." Andy looked down at the Qualcomm acquisition plan in his hand and tapped his finger on the desktop. Frowned.
"Boss, this should not be a problem. Qualcomm shareholders are really at the helm. Paul Jacob took over the post of Qualcomm eo from his father Irving in 2005 and has experienced patents including those staged with Nokia. The war and the conflicts with the regulatory authorities, although these disputes were finally resolved, but Nokia's counterclaim was criticized by many shareholders for his ability. Now, Qualcomm's stock price has fallen to around 28 US dollars, which is at the highest level. At $ 56, it was almost cut, and shareholders' trust in him was almost exhausted.
Jacobs holds approximately 0.13% of Qualcomm's shares, including public holdings, restricted shares and options. Some restricted stocks will be vested in Qualcomm's performance over the next few years.
Although they are the founder family, they hold too few shares. I don't believe that emotional relationships can compete with prevailing economic considerations, especially the major shareholders including Blackstone and Pioneer. They, hehe ... "
Alvetrie is ridiculous, and Andy and Bud, who are doing it, are very clear that these private equity institutions are the real interests, and Nai is the typical representative of the mother.
"I remember right. In July, Blackstone and nb Global bought the weather channel of Landmark Communications ..." Although it was with a hint of doubt, Andy, who has the skills to remember, naturally remembers It is very clear, "It seems that I should contact personally. There is no regulatory issue with this acquisition. This is undoubtedly one of the biggest advantages. Don't worry about the obstruction of the regulator."
Bardstone and Alwittlie nodded convincingly. This would be a serious headache if foreign companies acquire high-tech companies such as Qualcomm. In the case of a threat of U.S. national security, you can directly terminate the transaction, and that is the real loss.
"After Christmas, I will send these friends Rocket and Lakers Christmas War tickets, hold a Christmas reception in Houston, contact them in advance, and explore their attitude." Andy groaned and did Make a decision.
Qualcomm, he is bound to get it, this is related to the authority of the future mobile Internet era, it is the most important part of his future of lying and making money, and he will never give up this rare opportunity of annexation when Qualcomm is at its lowest point!