. May 21, 23 p.m.

Dream Entertainment's video business meeting with AMD has been going on for more than an hour and a half. The seven shareholders of AMD have been fully 'conquered' by Mushuang.

At the helm of AMD, CEO Dirk. Mayer sighed and said, "Ms. Mushuang, your language is like a sky full of stars, which makes us dizzy. Our biggest bottom line is to control 10% of the shares. If you dream entertainment companies and don't even agree to 10% of the basic requirements, I'm afraid we won't be able to reach an agreement. ”

Shi Lei stood aside and heard Dirk. Mayer's heart tightened slightly, "In this way, the biggest concession of the seven shareholders of AMD is 10 percent of the shares, and we dream that the entertainment company will own 90 percent of the shares, which is a good result." ’

"Mr. Dirk, AMD is currently in a state of total loss, what benefits can you bring from the stocks in your hands? Once we dream entertainment takes over AMD, we can immediately create a huge profit value, and even if the shares in your hands are diluted to a certain extent, the equity dividends you can obtain will become very considerable. Mu Shuang analyzes the current situation of AMD.

AMD has not paid equity dividends for seven consecutive years, because AMD has been losing money year after year, how can there be any profit to pay dividends?

Dirk. Mayer didn't speak, and what Mushuang said was the truth.

"Mr. Dirk, AMD owes almost a billion dollars of debt to the major upstream manufacturers, and this debt is fully borne by our dream entertainment company, and you don't need to pay any debt. There is also no need for AMD to take on any debt, which will be transferred to Dream Entertainment's accounts when we officially take over AMD. Mu Shuang said again.

If the debt is allocated in proportion to equity, AMD's seven shareholders will assume 25 percent of the debt, or about $250 million.

AMD's seven shareholders voluntarily gave up 15 percent of their shares, which is worth about $325.8 million at Dream Entertainment's current purchase price, which is $3 per share. A little more than the amount of debt.

However, this concession, in fact, also takes into account AMD's rapid turnaround after Dream Entertainment took over. 10% of the equity held by AMD's senior management will receive a certain amount of dividends.

According to the analysis of AMD executives. After Dream Entertainment became the owner of AMD. The profit in the first year will also exceed $1 billion, so 10% of their equity will receive at least $100 million in dividends.

If you add the first year's dividends, they have received more than 15% of the value of the shares they have given away. Not only that, but they have a 10 percent stake in their hands. It's not just a one-time dividend, and it will always be a dividend after that!

The seven shareholders of AMD are wishful thinking, but is Mu Shuang a fool who can be easily fooled?

Mu Shuang from the analysis of AMD's debt assets. He continued: "After we take over AMD, we will put the personal game server project into the AMD system, and the personal game server of Dream Entertainment will be produced by AMD. This project alone can make AMD directly profitable. In addition, with the help of the personal game server project, AMD will gain the recognition of gamers around the world, and further drive the sales of CPU and GPU in the PC market. AMD's future will no longer be about losing money every year, but getting better and better every year! ”

The seven shareholders of AMD were silent when they were talking about the future outlined by Mu Shuang, and they were thinking about the future of AMD, and the combination of AMD and Dream Entertainment Company did have an incomparably bright future as Mu Shuang said.

CEO Dirk. Mayer sighed deeply, "Ms. Mushuang, how many shares are you going to keep for us?" ”

Mu Shuang raised his right hand, fingers as white as green onions, and opened them slightly, "Five percent!" ”

"It can't be!" Dirk. Mayer retorted loudly.

Senior Vice President Tom Murphy. Crussy also objected: "Ms. Mushuang, the five percent share is too small, and we can't get much profit distribution at all. ”

A faint smile appeared at the corner of Mu Shuang's mouth, "Then change the proposal, split and reorganize AMD, form AMD Group, and set up AMD CPU Company, GPU Graphics Display Device Card Company, Imageon Mobile Handheld Device Image Processing Company, and at the same time, establish a new low-power mobile device CPU CPU company." Your 10% stake is only valid with the CPU and graphics display card companies. ”

Mu Shuang said a new proposal, paused for a moment, and continued: "If you choose the previous plan and get five percent of the equity of the entire AMD company, we dream of entertainment company, there is an additional condition, the equity you obtain, you have no right to dividends during the first three years. In addition, your equity is only allowed to be reserved for your own use, and is not allowed to be sold to the outside world, and if you leave AMD, your shares will automatically belong to Dream Entertainment. If you reach retirement age, your shares will automatically belong to your designated family members and will be passed down forever. ”

This one condition is quite harsh, equivalent to the equity of seven shareholders of AMD, and only the right to dividends, but no other rights.

"Ms. Mu Shuang, this request is too unreasonable, isn't it?" Dirk. Mayer said dissatisfied.

Mu Shuang smiled and said: "Mr. Dirk, our dream entertainment internal audit department has made an estimate of AMD's annual profit margin, and in the first five years, AMD's annual profit rate should be maintained at about two billion US dollars, and then more annual profits will be obtained." You keep a 5 percent stake and get about $100 million in dividends every year, do you think we're asking for something unreasonable? ”

"Ms. Mushuang, we need to discuss!" Dirk. Mayer explained to Mushuang that the seven AMD shareholders had cut off the video conference connection. They were all in the conference room of AMD, discussing what options should be chosen.

Tom. "I would suggest that we opt for a 5 percent stake in the entirety, rather than a 10 percent stake in two of the companies after the split," Crucy proposed. ”

Chief Engineer of Technology Atwood. Evan denied: "Tom, I suggest we want the CPU project and the graphics card project, ten percent equity. These two projects are currently our AMD's strong points, and as for mobile graphics processors and low-power CPUs, we AMD are not professional. If we want a five-percent stake in the company as a whole. It's hard to guarantee that Dream Entertainment won't set up a separate company for mobile graphics processors and low-power CPUs, leaving an empty shell within AMD. ”

"Old Evan is right, if Dream Entertainment uses this trick, they can easily swallow five percent of our equity!" Dirk. Mayer chimed in.

The other four senior shareholders of AMD also agree with the elder Aven. I'm afraid that Dream Entertainment will hack their five percent stake again. Just the central processing unit and the graphics processor, the two branches have a 10% stake. The dividend profit they can earn in a year. It's about 200 million yuan.

Even if Dream Entertainment pays attention to R&D and invests a lot of R&D funds, they can at least pay more than $100 million in equity dividends a year.

Tom. Crucy sighed, "Well, I hope one day, we all don't regret it!" ”

Dirk. Mayer coughed. Attracting the attention of the rest of the shareholders, he said, "Now that we have made a decision, we are now here to discuss the issue of equity distribution, and we can start with Dream Entertainment." In total, I get ten percent equity, and according to the ratio we agreed before, I can get three percent equity. ”

The remaining six are for Dirk. Mayer's statement, for the time being, has no objection, Dirk. Mayer continued: "Senior Vice President Tom. Crucy and the chief engineer of the technical department, Lao Aiwen, can get 1.5% of the equity. Each of the remaining four brothers receives a 1 percent stake. Do you have any objections to this distribution plan? ”

The equity distribution plan is based on the redistribution of the previous shareholding ratio of AMD's senior shareholders. Mayer holds the most shares, and he deserves to get more.

"Nope!" Tom. Crucy first stated that although he is a senior vice president of AMD, in fact, in addition to a low annual salary, there is no equity dividend at all, and his wealth is not much. Even if he only gets 1.5 percent of the new company's equity, he can get $30 million at a dividend of $2 billion a year.

This equity dividend is more than ten times higher than his annual salary for a year!

Lao Aiwen is also very satisfied, as the chief engineer of AMD's technology, Lao Aiwen's annual salary is only more than two million US dollars, and the dividend of 1.5% of the equity, Lao Aiwen is also quite satisfied.

Not to mention the other four shareholders, their annual salaries are even lower, and it is a big tragedy to keep AMD's annual salary!

AMD's seven shareholders were happy with the distribution of their shares. As the former CEO of AMD, Mayer acquired a three-percent stake, which is a lot of wealth. Mayer slightly regrets that AMD will fall into the hands of Dream Entertainment, and he will no longer be the CEO of AMD.

But the status of a CEO is far from being comparable to money!

"Brothers, let's reconnect to the online video conference!" Dirk. Mayer said that seven shareholders of AMD have reconnected to the online video conference address.

Mu Shuang asked confidently, "Mr. Dirk, I don't know how you discussed it?" ”

Shi Lei looked at Dirk nervously. Mayer, silently prayed in his heart, everything should not go wrong, AMD is related to too many things in the future, if AMD successfully acquires, it is very important for future development!

For example, the computing and processing module of the Dawner, at present, the Dawner uses network computing, that is, an external supercomputer, to help process the computing data. With AMD, Shi Lei could develop a miniaturized and ultra-powerful microcomputer to meet the needs of the dawners.

The current computing scheme of the Dawner has a lot of flaws, relying on external supercomputers to provide computing support, which is a fatal shortcoming, to put it seriously. In the unlikely event that the enemy interferes and cuts off the network connection, the Taulighter becomes a living target. If the Dawner has a powerful microcomputer built into it, and no longer needs the support of an external supercomputer, the Dawner will be able to face any complex electronic environment!

"Ms. Mu Shuang, we accept the second plan, Dream Entertainment reorganizes AMD Group, we only need a CPU subsidiary and a GPU subsidiary, each with 10% of the shares." Dirk. Mayer replied.

Mu Shuang nodded in agreement: "No problem! Then Mr. Dirk, please come to Xia Guo as soon as possible to sign a detailed contract, and our dream entertainment will take over AMD as soon as possible and start a cooperation program for personal game servers. ”

Shi Lei, who was next to him, couldn't suppress the excitement on his face, he finally got AMD; Dream Entertainment Company has finally taken the first step in the chip manufacturing industry and embarked on the great road of dominating the world! .

(To be continued......)

PS: ["I've seen tsunamis, but I've never seen your smiling ......" - Li Chai]

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