American Fortune Life

“Knock, knock...”

“Come in. ”

Decorated with luxurious details, Andy sits at a very spacious, seemingly heavy mahogany desk in a spacious office that highlights the luxurious Hollywood Regent style, looking up at the little assistant who walks in with his slim waist.

“What is it?”

“Mr. Alvitelli and Mr. Budstone have arrived. ”

Andy nodded slightly, "Let them in.” He continued to look down at an announcement in his hand about Qualcomm's discovery of a secondary market stock market anomaly.

“Boss x2”

Andy looked up at the two most powerful men walking in, smiling slightly and reaching out to show him, "Sit down. ”

When the two of them sat across from each other, Andy shook the file up and said, "Did you get the announcement that Qualcomm just released?

Listen, Qualcomm's board of directors and management have been pursuing their strategy to keep the company financially sound and well-capitalized while focusing on investing in opportunities that will enable it to expand its leadership in the mobile sector to new areas.

Precisely positioned to meet the next phase of profitable growth. As its technology and product roadmap expands into brand-new industries, Qualcomm has enormous opportunities to create significant added value for shareholders.

To conclude, Qualcomm is reluctant to be bought, and Qualcomm can create a new round of value for shareholders on its own.

Oh, they chose this time to be even more clever, tomorrow the 24th of Christmas Eve, the day after Christmas, released two hours before the holidays, and they fought! ”

“Boss, Qualcomm's reaction has been very difficult to predict for so long to smooth our suction, and the operating space in the secondary market is no longer significant.

This Qualcomm Awareness is also due to the acquisition of shares by us and our partners in contact with their small shareholders.

At present, I hold 15.2% of the shares, and according to the investment agency position information given in the most recent 13F document, 63.01% of Qualcomm's shares are held by major institutions, which are the focus of our acquisition of Qualcomm's companies.

Boss, I think it's time to step forward and officially announce Qualcomm's decision to acquire Qualcomm. If the current 11-member board of directors rejects our acquisition, we directly initiate an offer to shareholders to acquire it, which evolves into a hostile acquisition, although Qualcomm can launch a "poison pill program” counterattack in accordance with U.S. capital market rules.

However, the major agencies would never agree to launch a poison pill scheme to the detriment of their respective interests, and if our shares exceeded 20 per cent, we could launch a new board election.

We can split the shares into six submissions to candidates, so long as we have control of the board, we can complete the first step. ”

As Andy's chief think tank and the first person in charge of this acquisition of Qualcomm, Alvitelli naturally kept an eye on Qualcomm's reaction, and as soon as Qualcomm's announcement was received, he convened a think tank meeting, which culminated in an early launch of the Black Knight program - hostile takeover.

“Directly bypassing the Qualcomm board?” Andy frowned and, to be honest, was somewhat worried about a capital war that was likely to start in the coming period.

However, given that it was not privatization holdings, his first acquisition plan was almost complete as long as he was able to control six to seven seats on the Qualcomm board.

“At present, how many of Qualcomm's largest holding institutions are likely to accept our offer? ”

“Boss, we don't need to keep an eye on the top ten institutions, black stone or USPIG, Fuda International Investment Fund, Dauphin Bank and Wellington Management Group, as long as we can get their support, all we have to do is move those small and medium-sized institutions with quotes.

With a cash deal they can't refuse to close Qualcomm shares in their hands, we can take the lead by promising that Qualcomm's current executive management will be like staying in office, after all, we're not trying to get Qualcomm into turmoil, boss. You just want Qualcomm's rights and shares, right? ”

Budstone's timely analysis suggests that the more insight Budstone has into Qualcomm, the better it will look at the future of the company.

From 1985, when Qualcomm was founded, principally for mobile communications technology applications in the transport industry, to 1989, it was the first to introduce CDMA technology-based mobile communications solutions, thus becoming a standard-setter in this emerging communications industry.

In the evolution of 2G to 3G technology, Qualcomm has accumulated more than 4,000 CDMA patented technologies, always leading the technological development of the mobile industry.

With the advent of the smartphone era, Qualcomm's mobile microprocessor was the first to support Android operating systems, and it was conceivable that with the widespread availability of free Android systems, Qualcomm would definitely become the dominant player in the mobile chip industry.

Badders advised that the acquisition would most likely eventually turn into a capital war lasting several months, which would be an unimaginable game for the boss to consume cash, but at this point, at the height of the financial storm, the promised cash deal was the killer that would most impress investors in these institutions, saw the big BOSS deep-locked eyebrows and said again.

“Qualcomm's success is very similar to Intel's. In a high-technology area, nearly all competitors can be blocked from surviving through high-investment R&D, remote leading technological standards, and extensive patent barriers. No one can threaten Qualcomm's position in the future unless the industry changes dramatically.

With the increasing popularity of IT technology, many traditional industries have undergone profound changes, and those who are able to adapt to the times and introduce IT technology into traditional industries at the earliest gain the ability to subvert giants. ”

“Paul Jacobs, the current CEO, is the son of Owen Jacobs, the founder of the company, and this could be an unbreakable bond.” Andy looked down at the Qualcomm acquisition plan in his hand, knocking on the desktop with his fingers and frowning, he said.

“Boss, this shouldn't be too much of a problem. Qualcomm shareholders are the real helmsman. Paul Jacob, after taking over the position of CEO from his father Owen in 2005, went through successive patent wars, including with Nokia, and conflicts with regulators. Although these disputes were eventually settled, he was sickened by many shareholders over Nokia's counterclaim, and now Qualcomm's share price has fallen to close to $28, up to $56 at the highest, almost chopped, and shareholders' trust in him has been largely depleted.

Jacob holds approximately 0.13% Qualcomm shares, including public holdings, restricted shares and options. Some restricted shares will be attributed over the next few years based on Qualcomm's performance.

Though founder families, they hold too few shares, and I don't believe that emotional relationships can counteract prevailing economic considerations, especially with big shareholders including Blackstone, pioneering these institutions, they, ha. ”

Alvitelli was ridiculous, and Andy and Bud knew very well what they were doing, and it was these private equity agencies that really had the best interests, and NAI was typical of Mom.

“If I recall correctly, in July, Blackstone joined NBC Worldwide to acquire the Landmark Communications Weather Channel...” Though with a slightly questionable tone, Andy naturally remembers very well with his eye-catching skills, "it seems to me that I should contact him personally and that there is no regulatory problem with our acquisition, which is undoubtedly one of the biggest advantages, not to worry about obstruction by regulators. ”

Badstone and Alvitelli nodded profoundly, which would undoubtedly be a very headache if foreign investment were to acquire a high-tech company such as Qualcomm, and even if all sides were agreed that an egg threatened the national security of the United States, the transaction could be terminated directly, which would be a real loss.

“At the end of Christmas, I will send these friends tickets to the Rocket and Laker Christmas Wars and hold a Christmas party in Houston to get in touch with them in advance and explore their attitude.” Andy shrugged and made a decision.

Qualcomm, he is bound to earn it. This has to do with the power of the future mobile connectivity era. It is also the most important part of his future to earn money lying around. He will never give up the chance of annexation when Qualcomm is at its lowest level!