"Everyone is calm, I believe things will turn around soon."

Hu Wenhai said confidently to the anxious faces in front of him: "Shangfei thought that if he held the McDonald 82 in his hand, he could dominate the country. They should not have felt the kind of surprise that he had nothing to do overnight, right?"

...

The negotiations between Grumman and McDonald were not going well. McDonald was not very interested in being acquired by Grumman. To be honest, this way of marrying down still hurt McDonald's fragile self-esteem.

For McDonald, a very realistic problem is that your own aircraft business is not much better, right?

If it weren't for Umbrella's little blue pill business, could you be able to climb to "Princess McDonald"?

The problem is obvious. Without the blue pill, Grumman would not even be able to save himself, let alone McDonald.

So on the McDonald's board of directors, there is a strong force that strongly opposes Grumman's merger and acquisition.

In the view of some McDonald's shareholders, being acquired by Grumman cannot solve the current difficulties facing McDonald.

"Mr. Norton, the results of this negotiation are still not ideal."

Spacey, the vice president in charge of Grumman's acquisition of McDonald, loosened the tie from the neckline while simply threw the information in his hand on his desk.

Spacey, 53 years old this year, has a back-line hairline, but still has a face that makes people feel good. But this face is almost filled with the words "tired", which has greatly damaged his image, but now he has no time to care about these trivial matters.

If there is no progress in the negotiations, it is conceivable that his situation will definitely worsen. The tens of billions of dollars of business have been screwed up. Not to mention maintaining the position of vice president, the branch manager is considered to be because he has served Grumman for more than 20 years.

But of course, if the acquisition ultimately fails, the first one who is unlucky will definitely be Norton, who returns to the position of Grumman president, who returns to the position of Grumman.

When he found that his ability could not complete the task, Spacey happily threw the puzzle to Norton.

Norton stood by the window of the conference room and withdrew his gaze from afar. It seemed that he had not affected his mood because of the bad news brought by Spacey.

"I was already working at Grumman during World War II." Norton exhaled deeply, his eyes floating in focus, as if immersed in his memories: "The f4f wildcat we produced at that time was the only carrier-based aircraft that could compete with Japan's Zero. Later, we even pressed the Japanese on the floor and rubbed them hard."

"Two-thirds of the Japanese Air Force were destroyed by our Grumman's planes. At that time, Grumman was the most powerful weapon provider in the U.S. Navy. Spacey, do you know why?"

"Because our aircraft performs well enough?" Spacey answered tentatively.

Norton shook his head and sighed: "Answer that won't make mistakes, just like Grumman now."

"However, if a company faces an existential threat, being safe is not the most appropriate strategy." Norton reached out and gently stroked the president's seat beside him, shaking his head: "Grumman must make some radical changes, otherwise we can only say goodbye to the naval aircraft market. The f-14 is indeed a classic aircraft, but its cost and price make it unpopular with the Senate. Once we lose this market, we have almost no possibility of re-entering."

"The reason why Grumman was successful was that we never stick to the rules. The solutions we can provide always wander between radicalism and compromise, the most perfect point. Just like F-14, Grumman's most proud skill is to walk tightropes in difficulties."

Spacey shrugged and said helplessly: "Yes, Mr. Norton. I'm trying to find that perfect point, but unfortunately..."

"No, you can never find that perfect point in McDonald. You are looking for the wrong direction."

Norton simply interrupted him and said bluntly: "Grumman's acquisition of McDonald is not the business of both companies. If your eyes are limited to the negotiating table, you cannot create miracles."

"Then, what should I do?" Spacey opened his hands and looked curious.

"Take this address and go find a Chinese man named Hu Jiefang." Norton put a card on the table and pushed it to Spacey: "Go tell him about his conditions, and Grumman agreed."

...

"Grumman hasn't given up yet? Spacey and Norton, I'm afraid they have to continue now, right?"

This is the thirteenth acquisition negotiation meeting between the two parties. McDonald has already figured out the current internal situation of Grumman, which can be said to be "a sure win".

As long as he doesn't let go, Grumman's president Norton and his teammates will be defeated. Since that's the case, McDonald can of course open his mouth and ask for a price everywhere.

"Grumman currently holds 23.3% of McDonald's shares, which is actually a major shareholder."

The person in charge of McDonald's negotiations is Douglas, the current general manager of McDonald. It can be seen that McDonald actually attaches great importance to Grumman. However, due to McDonald's equity structure, the acquisition and acquisition on the board of directors are open and secretly fighting, and what he, as the general manager, is really a little aggrieved. It is his most urgent idea to get a conclusion in this acquisition as soon as possible.

"If Grumman can come up with a plan that is beneficial to McDonald's future development, the merger between the two parties is actually not impossible." Douglas knocked on the table and said: "We are not against McDonald's alliance with Grumman, but the plan must be beneficial to McDonald enough."

"Yes." Deputy General Manager Smith nodded and echoed: "If Grumman can support us and continue the md12 project, our civil aviation business may not be lost to Boeing."

"If we can complete the md12, it's hard to say who can occupy the US market with Boeing!"

"That's it!" Other senior executives of McDonald around Smith agreed, obviously not convinced by Boeing's success.

"But this is very difficult? Grumman has never done civil aviation business, and the acquisition of McDonald should have also attracted the attention of our military aircraft business. If they want them to spend 5 billion to do civil aviation, will Grumman's board of directors agree? The board of directors agrees, can Grumman's management agree? They are not afraid of acquiring McDonald, but they will be marginalized instead?"

As soon as the voice of doubt came out, the conference room suddenly became silent. If Grumman wanted to throw so much money into the civil aviation field, McDonald's current management would definitely occupy a large number of senior management of the merged new company, which would definitely threaten Grumman's current senior power structure. Will Grumman, as the acquirer, allow this to happen?

No matter how you think about it, this is unlikely.

In fact, if McDonald's real surrender to Boeing, it would be until McDonald's final victory was completely swept out of the fourth-generation aircraft bid by the Pentagon in 1996. As the source of McDonald's 70% profit, it will face a complete defeat in the military aircraft field in the future. This is the last straw that will overwhelm the camel.

Before this, it was never easy to acquire McDonald.

The launch of the md12 project is exactly the last struggle that McDonald made in the civil aviation field because he was unwilling to work for Boeing.

It is a large wide-body passenger aircraft of 747, with a four-engine double-layer structure and seat, and the estimated R&D cost is as high as US$5.5 billion. McDonald himself will never be able to afford this money, and can only find suitable partners around the world to share this risk.

At first, there were airline companies on Baodao who were very interested, but they could only stop in the face of at least $2 billion in admission tickets.

In the end, md12, the McDonald's turnaround plane, did not go from the drawings to reality.

McDonald wants Grumman to spend tens of billions of dollars to acquire McDonald and then invest at least $5 billion in the research and development of md12, which greatly exceeds Grumman's own funds.

Although Grumman is rich, given the decline in McDonald's civil aviation field in recent years, he has absolutely no idea of ​​accompanying McDonald's management to play with his heartbeat.

Moreover, many additional clauses in McDonald's acquisition plan also make Grumman unacceptable, such as personnel arrangements, company names, management structures and business distribution issues. In the final analysis, McDonald's time to be desperate, and he is still the same McDonald who can compete with Boeing, and his arrogance remains. If he does not destroy this arrogance, McDonald will not be so easy to subdue.

The root of all problems is that McDonald is not the McDonald four or five years later. The three major illusions of life also apply to enterprises, especially "I can fight back".

A burst of dense footsteps sounded outside the conference room, and soon the door was pushed open from outside. Spacey and other Grumman negotiation teams walked in slowly, and even greeted each other with a kindness.

"Mr. Douglas, I think our negotiations should come up with a result as soon as possible."

As soon as he sat down, Spacey took out a document and threw it on the conference table.

"Yesterday Grumman acquired 0.8% of McDonald's shares from Kelket. If our negotiations cannot come up with a result, Grumman will have to... launch a malicious acquisition."

"I think you should be clear that in McDonald's board of directors, there are currently more equity opposing Grumman's acquisition than you have." Douglas retorted: "If Grumman takes a malicious acquisition, McDonald's major shareholders will also choose to increase their holdings and expand their shares. Grumman's acquisition will greatly exceed your financial capabilities."

Spacey frowned slightly and exhaled. Similar confrontations between the two sides had been held countless times, and malicious acquisitions were not worthwhile for Grumman. Because malicious acquisitions must be a premium to the normal stock price, ranging from 50% to several times, or even without a cap. In this way, Grumman's funds will really not be able to complete the acquisition.

However, the situation has changed now.
Chapter completed!