Chapter 2002 SUN Company is here!
Xiao Qi's first attack was to directly challenge the "golden parachute" request from Sun's senior management.
Okay.
There were only eight executives of Lehman Brothers on the front foot. Because of the greedy and shameless "golden parachute" request, Lehman Brothers collapsed and the global financial crisis began. You then revealed that the top executives of Sun Corporation also asked for "
"Golden Parachute" can be sold to Sun Company to Fairy Company, which will blow up the nest!
Ordinary people in the United States are actually quite honest. If we were to deceive them as a whole, they would definitely not be able to compare with the Chinese people, because our Chinese people also have the wisdom of the small people, but their ordinary people do not.
Being honest means being easily deceived and impulsive.
They saw that Sun also asked for a "golden parachute", but they didn't think about the underlying reasons. They didn't think that Sun was different from Lehman Brothers, and they didn't think that Sun was a technology management company, while Lehman Brothers was an investment company.
Speculative company.
, what a bastard! Lehman Brothers in the past have made such a mess, do you still think we are not miserable enough?
Any executive who demands a "golden parachute" is a bastard! He is the enemy of the Americans!!
This belief has completely penetrated into the minds of Americans, causing them to burst into anger.
(long)(wind)
As long as the American people care about it, then the senators and representatives will make a fuss about it.
Seeing that public opinion was like this, Obama jumped out first: "The president and senior executives of Sun Corporation should face up to the harm caused by the 'golden parachute' to the feelings of the American people. Business transactions should not involve so many outsiders.
matter!"
George W. Bush, who was about to leave office, also rushed out and said with his usual unreliable remarks: "These people are a disgrace to the United States. Just lock them up for 100 years!"
The two of them are the most well-known after all, so they still have some concerns about the impact, but the senators and congressmen below, in order to stand out, will say any weird remarks.
"I think we should just shut down Sun. Let's see where they go to extort money!"
"I don't even get enough money from selling stocks, and I have to give you a huge 'golden parachute' as compensation. You really know how to do business! But you treat others like pig brains? Are you the same?"
",America does not need these scum!"
"Pennsylvania has decided to severely condemn Sun CEO Mammons, who was born in this state. You are our disgrace!"
"People on Wall Street are nothing! It seems the same is true in Silicon Valley! I think we should introduce special tax rates. As long as these guys' shares are sold, they will all be taxed heavily! They will not be able to make a penny!"
"..."
The political world is one thing, but the same is true in the financial world. The people are even more outraged, so senior executives such as Mammons of Sun Corporation have really become street rats, and everyone is shouting for beatings.
It has to be said that the unfortunate example of Lehman Brothers also seriously affected Sun. Originally, the US government should be concerned about Fairy Corporation's continuous acquisition of the US electronic technology industry, but now it has completely missed the point. Everyone agrees that if Sun does not follow the
Selling to Fairy Company with normal prices and procedures is a huge crime!
The will of the people cannot be violated.
This point is equally applicable whether in Europe, America or China.
Under strong pressure, Sun couldn't resist it within three days and proactively contacted Credit Suisse First Boston.
They didn't want to compromise and had no choice. Not only were they condemned by public opinion, but the protesters also surrounded the office building. Whether employees entered or exited from the front of the building or from the underground parking lot, tomatoes and eggs were thrown at them. However, these protests
There are still many rebels, if you dare to resist anything, then you will have fun.
The middle-level and lower-level employees of the company are very angry about this, because it has nothing to do with them, but it involves them.
And the most important thing is that Sun's life has been too ordinary these years. They were two giants with Microsoft back then, but now they are in a miserable state. The employees of Sun hope to rise again every moment.
But the problem is that Sun's executives made repeated mistakes, causing the company to lose opportunities again and again.
If that's all it is, that's it. After all, they founded the company and they are the decision-makers.
But now your half-dead company has a super giant like Fairy Company willing to acquire it and give it greater development prospects. This is what any motivated employee would like to see!
What's the result?
It's a good thing that you don't care about the development of the company at all. Instead, you ask for a "golden parachute" to make a profit and exit. How can this be considered responsible?
If the newspaper hadn't exposed this matter, the employees would not have known that such negotiations had taken place. In this way, the management's intentions were obvious.
So, a group of employees also collectively went to talk to Mamons. If the management is willing to continue to run the company well, then they have no objection, but if they have no interest in the company, then they hope to sell the company to Fairy Company.
Stop thinking about getting rich and leaving with a fortune.
In addition, Sun's stock has also plummeted recently, and its market value has plummeted to 2.4 billion US dollars, setting the lowest market value in Sun's history.
With such internal and external troubles, Sun's management had no choice but to compromise.
Credit Suisse First Boston is now very confident and will not tolerate them at all.
In addition to the cancellation of the "golden parachute", Credit Suisse First Boston only gave a 20% premium to management shares, 10% less than before.
Anyway, if you want to sell it, you can sell it. If you don’t want to sell it, we are not in a hurry.
Sun really doesn't have any bargaining capital. Seeing the financial crisis continue to spread, Sun is a weak software company, and it will be difficult for it to get up in two or three years.
If they miss this opportunity, they will get even less when the stock price drops to worthless.
Don't doubt how serious they are, but at a time when the entire United States is denouncing Sun, even Microsoft will have to kill Sun, let alone they are not a behemoth like Microsoft.
Out of optimism about the future, Mammons and others just discussed all night before agreeing to Fairy Company's various conditions.
Fairy Company acquired 53% of the shares held by management and employees for a total of US$1.5 billion, of which the employees' shares were acquired at a 30% premium.
The remaining companies and institutional shareholders holding Sun's shares will also purchase them at a price increase of 30%. This acquisition started a few days ago. If the shares held by Sun are included, it has already reached
Requirements for privatization and delisting.
Xiao Qi only needs to be responsible for signing and paying the money, and Credit Suisse First Boston will handle the rest for him.
Although Xiao Qi was the one who made the most effort this time, and Xiao Qi also sold 3% of Dreamstars shares to Credit Suisse First Boston, they still provided a complete set of acquisition services.
But it is worth it. At least when Xiao Qi gets it, everything will be straightened out for him. He only needs to recruit a few good professional managers to stabilize Sun Company.
The most valuable things of Sun Company are the two Java programming languages and the Solaris operating system.
The Java programming language is the same as Linux, but the important programming language java2me derived from it is patented by Sun.
The importance of java2me may not be revealed now, but in a year or two, when large-scale online games and mobile games are integrated, the system processing requirements for mobile phones will be very high. That is when java2me will show its talents.
when.
To put it bluntly, mobile phone manufacturers around the world will pay patent fees to Sun because of java2me.
Although it's not much, the problem is that if Sun doesn't allow you to use it, then it's not just a matter of a little bit of patent fees, your product won't be able to be put on the market!
In the previous life, Google's Android system was sued by Oracle, which bought Sun, for this reason. The demand for compensation of US$1 billion gave Google a headache just looking at it.
Xiao Qi took down java2me, just as a backup, he will not take the initiative to target anyone, but if anyone wants to target Fairy Company, then don't blame him for being rude.
As for the remaining Solaris operating system, it is a great complement to the Fairy system.
With the increasing number of users, there are also more and more various applications. How to make the best use of these apps, whether they are games or programs, depends on your program adjustment capabilities.
There are hundreds of people under Xiao Qi who specialize in the Fairy System, but unfortunately they have too little background. Although Xiao Qi has acquired many companies, none of them can compare with Sun's Solaris operating system.
After all, it was a famous operating system that was comparable to Windows back then.
Even without java2me, Xiao Qi feels that 3 billion US dollars is worth it just for the Solaris operating system.
In the future, almost all domestic mobile phones in China will use Android system. Isn’t this a tragedy?
Xiao Qi just wants to find a path that does not rely on others. Only then can he contribute to China's smart electronics industry!! (To be continued...)
ps: The richest people have been changing so fast these days. The old horse was first beaten by Li Chaoren, and then surpassed by Wang Wanda... The rich people in the stock market are really not that safe.
Chapter completed!