"...My acquisition will not change anything. Qualcomm will continue to implement its original development strategy. While maintaining financial stability and good capital return plans, it will invest more funds to carry out research and development to ensure our technological leadership.

And various investments will be made to better maintain the company's leadership in the semiconductor market.

Everyone, what is the most expensive in the 21st century? Talent!

However, what we see is the loss of talent, Qualcomm has laid off a large scale in recent years, which has seriously lost the talent needed for competition.

Qualcomm is even facing more serious problems. It is difficult to bring about the "next big event" and use it to win competition and gain new channels for royalty collection.

The dilemma of innovators!

To be fair, I have a clearer development direction and new goals to increase Qualcomm's core business competitiveness!”

Andy raised his lips, with a calm smile, stretched out his finger and drew a circle next to Sunxue. His eyes were bright and confident. He looked at the helmsmen of several large institutions surrounding him, drawing big pie to persuade him, hoping to get the support of these major shareholders of Qualcomm so that he could easily seize the power of Qualcomm board of directors.

Andy showed his ambition to acquire Qualcomm, which put five helmsmen of Blackstone, Pioneer Group, Fidelity International Investment Fund, State Street Bank and Wellington Management Group in thought.

When they met in Houston, they guessed who was the mysterious acquirer who had been making a big splash in Qualcomm recently. To be honest, this surprised them. After all, Andy Smith, a super rich man, gave people the impression that he focused more on building a media empire.

But now I suddenly stood in front of them and told them, yes, I want to acquire Qualcomm and I want to enter the wireless semiconductor industry, which makes them somewhat confused.

However, when Andy Smith firmly supported smartphones and the several IT companies he had, he felt relieved. Mobile games, mobile apps, and app apps all show that he is very optimistic about the future of smartphones, so it is understandable to be interested in Qualcomm.

After all, Qualcomm became the world's largest wireless semiconductor supplier for the first time in the first quarter of 2007 last year.

"So, Mr. Smith, what is your offer?" CEO of State Street Bank asked first. They are investment institutions, and the most important thing is to pursue profits. If short-term interests can be maximized, they will agree to Andy's offer and sell their shares in Qualcomm without hesitation.

As for whether Qualcomm will change hands and the founder will be kicked out of the company, these are not within their considerations, but it is certain that the descendants of the founder of Qualcomm can no longer control the company's future destiny.

"$35, based on the stock price in recent days, a premium of 25%..."

Before Andy finished speaking, the five institutions that were present again all smiled and shook their heads. The offer seemed to be quite different from their psychological price, so they shook their heads without hesitation to express their meaning.

"Cash payment." Andy ignored the people's shook his head. He had no intention of taking all the shares in these major institutions. This offer was naturally incomparable to Qualcomm's previous highest price of $56. However, in this financial storm, some Qualcomm investors have long been tired of waiting for the stock to rebound and get a return. No one knows how long the financial crisis will last and how far Qualcomm's stock price will fall.

Andy believes that as long as he announces to the public that he acquires Qualcomm shares at $35 per share, there will definitely be many institutions selling them. Andy needs more support from these five major shareholders present, supporting him to replace the board members with his own people, and eventually he will serve as chairman and control Qualcomm.

"The global economy is currently sluggish, and all countries are hit by the financial tsunami. You have also experienced the stock price rising to $56, and now the stock price has fallen by $28. To be honest, if it were not for my large acquisition support, no one can say how far the stock price would fall, and it is even more difficult to predict when the financial crisis will end.

Even in this case, you still have to leave Qualcomm, which is very rare. If I succeed in taking over, you will feel that what if you give back some of the overseas cash to shareholders?”

In Andy's view, the acquisition of Qualcomm is a gradual process and cannot be achieved overnight, because more than 60% of Qualcomm's shares are in the hands of major institutions, which is largely a fatal problem. The major shareholders are strong and the board of directors is weak, and the board of directors is extremely easy to be overthrown by the major shareholders.

In order to truly control Qualcomm, Andy can only coax the group of major shareholders to slowly think about it. When he becomes the largest shareholder, he can slowly squeeze out this group of institutional investors in various ways.

As soon as Andy said the proposal, the five people present lit up their eyes, and then they looked at each other. To be honest, they also had a headache, and they knew that Andy, the super rich man, could not stop Andy Smith, from continuing the acquisition plan.

Now Andy Smith hopes to take over Qualcomm at a smaller price, so he comes to them and hopes to get support. If they refuse, it can be imagined that the smiling young man in front of him will not give up and stop the acquisition. Then, once the other party takes over Qualcomm's board of directors as the largest shareholder and gains the authority of the chairman, the first thing he will deal with is their institutions. Without much effort, a proposal that does not pay dividends for several consecutive years can kill them!

Can it be stopped?

The five ceo all saw helplessness and doubts in the other party's eyes, and then they all turned their eyes to Andy Smith, who was still calm and composed, and smiled bitterly in their hearts. The main reason was that this guy was too rich and could not stop his money offensive at all.

"I never treat my friends unfairly, and I am not a stingy person. If you have money, everyone will make money together. We will have many opportunities to cooperate in the future. Some of my small companies may also need your financial support in the future to achieve better and faster development. What do you think?" Andy's mouth raised, revealing her white teeth, and her eyes were bright and sharp, looking at several people one by one, throwing a bait to shake the other's mind.

This time, the five investment institutions were shocked. Faced with the deadly bait thrown by Andy Smith, no investment institutions could refuse. One thing American investment banks, including Wall Street, knew, is that the development potential of several IT companies in Andy Smith's hands is very huge. As long as all of them are listed, Andy Smith may even become the youngest richest man in the world.

Especially since he just acquired NBC Global, you should know that this media empire, but the private company has not been listed. If he can get a part of the shares, they will definitely make a big profit when they go public.

Andy looked at the five people calmly and confidently. He had too many chips in his hand and was not worried that these vampires would resist the temptation. Look at it now, throwing one out casually will make them show their greedy eyes.

"Why not?" Stephen Schwartzman, co-founder of Blackstone Group, suddenly spoke, and continued under the doubts of several others: "I am very interested in Mr. Smith's proposal. Qualcomm's future needs people with more strategic vision to lead. Everyone, since Apple launched the Ai Crazy Mobile, the era of disruptive change has sounded the horn, and the world has turned a new page. Qualcomm needs a longer-term strategic layout and development plan. I believe Mr. Smith will lead Qualcomm to a more brilliant future!"

"Well, I agree with you, Stephen, I have no objection!"

"Mr. Smith, we State Street Bank support your joining and if the price is right, we are willing to sell a portion of the shares..."

"No problem. Over the past year, Qualcomm's magic has gradually disappeared, and its revenue and profit growth has declined. I am very much looking forward to Mr. Smith allowing Qualcomm to continue to perform magic!"

"Our Pioneer Group really hopes to become friends with Mr. Smith and deepen cooperation..."

The curve of Andy's mouth was getting bigger and bigger, and she smiled with a sharp and confident look. She raised the champagne in her hand and touched everyone, "Thank you, in the future, you will be proud of today's decision! Happy cooperation!"

"Happy cooperation! x5"
Chapter completed!