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"Chambers, my friend, you are really willing to give up Atlantic Business Machines. This is a multinational enterprise that you created with your own hands, and your deep imprint is left here."
Wang Yaocheng held Chambers' hand hypocritically, with an appearance of confiding his heart, and his eyes were full of sincerity.
Chambers knows the boss too well, he is definitely a ruthless person.
Thinking back to the beginning, it was just a temptation to cut off 0.4% of his stock options in cold blood, which was 0.4% of Atlantic Business Machines.
Every time I think about it, it will make people feel a little pain in my heart. This unforgettable lesson is worth 1 billion US dollars, not 10 US dollars.
After this incident, Chambers was deeply afraid of his boss, which was caused by many factors.
? In terms of character, Chambers has a genius management ability, but his character is not strong, nostalgic and heavy on friendship.
Otherwise, I would not have worked in Cisco for a lifetime, and never thought of changing jobs.
What's more, there are ten-year stock options. Wang Yaocheng only awarded 1% long-term stock options when Atlantic Business Machines doubled its market value. It lasts for ten years, and it has only been more than a year.
If you leave the company by quitting, according to the contract, the company has the right to recover this part of the stock options at the initial issue price, which is only a few dollars.
The same is true for Cisco's stock options, which have similar terms and conditions, which firmly bind outstanding talents in the enterprise.
"Boss, all my energy is now on Cisco. Please forgive me for not being able to distract. I think it's time to let go."
"Thenyou can focus your work on Cisco, but you should keep the part-time chairman job! At critical times, you need an experienced captain to steer the company!"
"The boss trusts me so much, so let me work part-time for now."
"Okay, so I can rest assured."
Patting Chambers on the shoulder in relief, Wang Yaocheng picked up the golden pen and signed his name with one wave, and the share exchange contract was formally established.
A group of executives from the former Atlantic Business Machines Corporation voluntarily exchanged the original stock options for Cisco stock options of the same value. The formal signing of the stock exchange contract means that everything is a foregone conclusion.
Since Wang Yaocheng is willing to redeem the shares at a premium of 43%, it will solve the troubles of small and medium shareholders.
Then, the option pool of Atlantic Business Machines' senior employees, which occupies 3%, plus the 1% stock option that motivates Mr. Chambers alone, will become the last stumbling block.
Without solving this critical problem, it is impossible to act willfully at Atlantic Business Machines, and many ideas cannot be advanced.
Wang Yaocheng provided three options for the senior management;
One, remain unchanged.
Second, cash exchange with a premium of 43%.
3. Replace Cisco shares of equal value.
As a result, Chambers has a huge appeal, and everyone has made the same choice;
Option three.
As a result, the Royal Family Fund acquired 99.6% of the shares of Atlantic Business Machines, completely clearing the last obstacle to privatization and delisting, and it ended perfectly.
From then on, I will let the birds fly in the sky, and I can do whatever I want.
Chambers clearly saw this, shifted the focus of his work to Cisco, and felt that he would lead some high-level executives to leave Atlantic Business Machines, and give up the vacant positions to the Chinese-American executives who flocked in.
Zhang Shuguang did not disappoint. He flew to Europe and Fusang during this period, hired high-level industrial designers, and prepared to go back to the furnace to create mobile phone products that have been carefully prepared for several years.
If you don't make a song, you're done. It's a blockbuster.
Therefore, the royal family fund's controlling stake in Cisco has dropped again and again.
At the end of 1996, after Cisco acquired the DuoSecurity company with a value of 4.2 US dollars in stock and cash, the equity of the Royal Family Fund decreased from 51.7% to 50.04%.
In the subsequent mergers and acquisitions, Cisco's debt method was mostly adopted, and the equity held by the Royal Family Fund did not further decrease.
Until a strategic cooperation agreement was reached with Mr. Murdoch of News Corporation, the Royal Family Fund once again sold 6% of its shares, and its shareholding ratio was reduced to 44.04%, in exchange for valuable cash flow.
this time
Chambers and a group of high-level executives reached a share exchange agreement, using 4% of Atlantic Commercial and its stock options, 4% of the market value of 178.8 billion US dollars, worth 7.152 billion US dollars.
It can replace 4.47% of Cisco's shares with a market value of 160 billion US dollars, and the royal family fund's shareholding is reduced to 39.57%.The shareholding increased to 8.47% of the stock, making it the second largest shareholder of the group.
Among them, Chairman and President Chambers alone holds 3.288% of the stock, currently worth 6.2 billion US dollars.
In this way, everyone is happy.
? A group of management members are in a good mood, and the rest is to work hard to make money for themselves.
Chambers will treat Cisco as his own company and do his best to develop it. The same is true for other company executives. If you put your heart into one place and work hard in one place, it will definitely make Cisco develop better and stronger.
No matter how you play, Wang Yaocheng is the big winner in the end.
Lying down and making money, I feel beautiful.
domestic
Huaizhou old house
"Today is New Year's Day. I wish you all a happy 1999, great career development, happy and fulfilling family, big sister with many sons and grandchildren, and another lively year."
Uncle Chen Xiutong was holding a wine glass, and said his toast with a red face. There were two large round tables in the main room, and a family of relatives, big and small, were full. There were three other tables in the next room. It was really lively.
"Xiutong, I know the grandchildren. What the hell is this grandchildren? Explain to me." Chen Xiulian's smiling face showed no trace of blame.
"Godsons, big sister, I'm talking about taking some godsons." Chen Xiutong is still very adaptable.
After finishing speaking, he suddenly looked at Wang Yaocheng with some guilt.
Seeing him looking at him with a half-smile, secretly regretting his stinky mouth;
I'm fine all day long, just chewing on something, it's really getting darker and darker.
"Okay, having this eldest grandson is enough for me to be busy, so don't make trouble for me. The elder sister knows that your heart is good. Today is a good day to bid farewell to the old and welcome the new. The whole family will have a glass of reunion wine together. Great profit."
"Come on, thank you sister for your happy words, let's have a toast."
"cheers!"
The whole family sat together lively, and beside Chen Xiulian sat a chubby little guy, with big black eyes looking around curiously, drooling from his mouth.
Strictly speaking, this is the Wang family's first eldest grandson, the child of Wang Yaocheng and Si Wanru.
The little guy is only a few months old. His nickname is Guaibao, and his older name is Wang Zuyou, which simply means ancestor blessing.
This name was decided after a long discussion between grandfather Wang Guodong and grandmother Chen Xiulian. It can be seen that they love it sincerely and have always kept it with them.
Si Wanru sat quietly at the table eating, and looked at the child from time to time, looking dignified and elegant, with a faint halo of happiness on her face.
After having a child, my heart becomes calmer, and I don't worry so much about gains and losses, waking up from a dream late at night.
It's a really strange feeling. (Remember the site URL: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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