Chapter 829
Chapter 829
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Dream Entertainment's acquisition of AMD had been through a lot of difficulties. In the beginning, there were not enough shares in circulation. Mu Shuang had used schemes to obtain enough shares. Currently, Dream Entertainment held 20% of AMD's shares.
The purchase price of 79.31% of AMD's shares was only 8 USD per share.
This was because AMD's shares had been delisted by the Nasdaq Stock Exchange. The moment the shares were delisted, Dream Entertainment received a large number of offers for AMD's shares. Mu Shuang easily acquired 79.31% of AMD's shares at a low price.
The remaining 70% of AMD's shares were all in the hands of AMD's senior management, including AMD's president, Dirk Mayer, chief technical engineer, Atwood Elvin, senior vice president, Tom Clusi, and a small number of original board members.
Currently, there were only seven shareholders in AMD. Including Dream Entertainment, there were only eight shareholders. It did not meet the requirements of being listed on the Nasdaq Stock Exchange.
Shi Lei's initial plan was to acquire AMD and keep 655% of the company in his pocket. AMD would become his personal toy.
However, when Shi Lei and Xiao Bo were discussing AMD, Xiao Bo mentioned that if Dream Entertainment wanted to take control of AMD, they had to retain AMD's core executives. The only way to keep AMD's core executives was to let AMD's core executives retain their shares and continue to be AMD's shareholders.
After Dream Entertainment took over AMD, AMD would definitely rise. According to the current situation, 70% of AMD's shares was worth about 055 million USD. However, Shi Lei dared to guarantee that as long as Dream Entertainment announced that they were taking over AMD, AMD's share price would increase by at least four times when it re-entered the Nasdaq Stock Exchange!
This profit was not to be underestimated. Shi Lei did not want to give it up so easily.
"Xiao Bo, if we allow AMD's top executives to retain 70% of AMD's shares, do you know how much profit we will lose?" Shi Lei asked.
The upper management of AMD held 70% of the shares. Not only were there losses from the appreciation of the shares, but there were also a series of subsequent dividends. Twenty-five percent was a quarter. If AMD earned 655 USD of profit for Dream Entertainment, they would have to give AMD's higher-ups 70 USD of dividends.
The accumulation of these losses was extremely exaggerated!
Shi Lei estimated that after AMD joined Dream Entertainment, just the personal game server business alone would have a profit margin of at least one billion USD. Coupled with the importance of the PC market, AMD's annual profits could be as high as 7 billion USD. If a quarter of them belonged to AMD's upper management, Shi Lei would find it hard to accept!
Xiao Bo was indeed very capable. However, Xiao Bo did not know some of Dream Entertainment's secrets. It was difficult for him to guess what kind of wonderful energy would erupt after the combination of Dream Entertainment and AMD.
"Boss, allow AMD's executives to keep their shares. Although we will lose a portion of our profits, we will also gain a lot of benefits!" Xiao Bo argued.
"For example?" Shi Lei asked. Shi Lei was only a world-class hacker. He was not a business management genius like Mu Shuang.
Xiao Bo's business talent was very strong. After all, he was once the heir of his family business. He explained in detail, "Boss, if we forcefully acquire the shares of AMD's core executives, they might not be able to quit the company. First of all, it is possible for them to withdraw from the company and even set up a brand new chip design and manufacturing company. Secondly, if AMD's current senior management leaves, it will be difficult for us to find a successor in a short period of time. Thirdly, if we allow AMD's current senior management to retain their shares, then they will have a share in AMD. Naturally, they will work wholeheartedly for AMD! "
The attitude of a professional manager and a shareholder towards the same company was definitely different. Professional managers were just a nice way to put it. To put it bluntly, they were high-ranking employees. They were just working for others.
Shareholders were different. They owned the shares and were already one of the owners of the company. They would work hard for the development of the company. Professional managers would at most work hard. If the situation was not right, they could still choose another company and continue to be a professional manager.
Xiao Bo's meaning was clear. As long as AMD's executives kept their shares, AMD could continue to operate without any adjustments. Shi Lei only needed to send a portion of the finance and supervision personnel to take complete control of AMD.
This was the fastest and most convenient way to take over AMD without incurring any losses.
After listening to Xiao Bo's analysis, Shi Lei's expression kept changing. Shi Lei was not an idiot. He could clearly distinguish the pros and cons of the situation described by Xiao Bo. Just like what Xiao Bo said, there were many benefits to letting AMD's executives keep their shares.
"Xiao Bo, I need to think about this matter! You can talk to AMD's executives first. I will now appoint you as Dream Entertainment's special inspector for AMD. " Shi Lei provided Xiao Bo with a favorable identity so that Xiao Bo could freely enter AMD and obtain more support from AMD's executives.
After hanging up the call with Xiao Bo, Shi Lei called Mu Shuang. He briefly explained his and Xiao Bo's intentions to Mu Shuang. Finally, he asked, "Mu Shuang, what do you think we should do? Are you going to let AMD's top management retain their shares? "
Mu Shuang carefully analyzed the pros and cons of the situation. As a much more professional business person than Shi Lei, Mu Shuang analyzed for a while and said, "Shi Lei, I think you are right. 70% of the shares is too big a loss for us in the future!"
Before Shi Lei could rejoice, Mu Shuang spoke again, "However, Mr. Xiao Bo's speculation is also correct. If we don't let AMD's executives keep a portion of their shares, they will not be satisfied."
"Then what should we do?" Shi Lei scratched his head and asked.
Mu Shuang smiled and said, "Come to the company. This matter is a little troublesome. I can't explain it clearly over the phone. Let's talk about it face to face."
"Oh, okay. I'll be right there!" As soon as Shi Lei agreed, Mu Shuang hung up the phone. Shi Lei was a little confused about the situation. He muttered to himself, "Could it be that Little Ink and He Wanqiu are also there?"
Shi Lei grabbed the car keys on the computer table and rushed to the Jade Building. After nearly ten minutes, Shi Lei arrived at the 83th floor of the Jade Building. He cautiously knocked on Mu Shuang's office door.
This was the first time Shi Lei knocked on Mu Shuang's office door. Shi Lei originally wanted to eavesdrop. However, during the renovation, the soundproofing was excellent. He could not hear anything from the outside.
The wooden door of Mu Shuang's office was designed with a pneumatic component that automatically opened the door. After Shi Lei knocked on the door, the office door made a slight click and opened a crack.
Shi Lei opened the door and walked in. He looked around and saw that only Mu Shuang was sitting in the office. Shi Lei was slightly relieved. Shi Lei really couldn't stand the environment of three women in one drama! He really couldn't stand it!
Mu Shuang took in Shi Lei's expression. A faint smile appeared on her face. "Shi Lei, are you disappointed that Yumo and Wanqiu are not here?"
Shi Lei smiled embarrassedly. "Mu Shuang, hurry up and tell me. How should we deal with the problem of AMD's core executives? Lijian Province's bill to stop us from taking control of AMD has been revoked. The Lijian Province's government will not stop us. What should we do now to take over AMD completely? "
"Shi Lei, my suggestion is to combine your and Mr. Xiao Bo's opinions. We cannot let AMD's core executives hold 70% of the shares. However, we need to leave a portion of the shares for AMD's core executives to stabilize their minds and gain more initiative. "Mu Shuang put forward her own opinion.
Shi Lei clapped his hands vigorously. His face lit up with joy. He couldn't help but walk to Mu Shuang's side and hug Mu Shuang from behind. He excitedly kissed Mu Shuang's fair face.
Mu Shuang's fair face immediately turned as red as a tomato. However, Mu Shuang surprisingly didn't push Shi Lei away. Instead, she quietly enjoyed Shi Lei's embrace.
"Shuangshuang, you're so smart!" Shi Lei praised. "Shuangshuang, how many shares do you think we should reserve for AMD's core executives?"
Hearing Shi Lei call her by her nickname, 'Shuangshuang,' Mu Shuang smiled. "Shi Lei, we still need to negotiate with AMD's core executives about how many shares to reserve."
"What if they don't agree?" Shi Lei asked worriedly.
Mu Shuang chuckled and struggled out of Shi Lei's embrace. She rolled her eyes at Shi Lei. "Idiot, Shi Lei. AMD's core executives won't be able to bear to disagree."
Shi Lei didn't understand what Mu Shuang meant. If Dream Entertainment's share reservation was very low, such as 6%, would AMD's core executives agree?
Mu Shuang pointed at a stack of documents on her desk. "Shi Lei, look at this document. You'll know that AMD's core executives will definitely agree to our negotiation request!"
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