Chapter 498: Hot Mouth
There will be Thanksgiving and Christmas holidays at the end of the year, and according to the plan, the official deal will be signed on January 1, 94.
In this transaction, Song Ya and his company will receive a full 100 million dollars, including 20 million endorsement income, paid in installments for ten years, and the first one in 94 is 5 million dollars, and then decrease proportionally year by year, and at the same time, Song Ya's endorsement intensity will also decrease, and the endorsement scope is limited to civilian fluorescent products, and Song Ya dare not touch those herbicides or anything in his family.
40 million in cash, payable on the official trading day, and the remaining 40 million are restricted tradable shares of Dow, and the transfer price per share is slightly less than $20 on the date of the memorandum of understanding, and other dividends and other rights are equivalent to common shares. Of the two million shares, one million shares will be released after three years and one million shares will be released after five years, during which time if Dow's share price falls below $15 for 20 trading days within 30 days, it will be automatically converted into tradable common stock in accordance with the terms of the agreement.
Northern Trust's $20 million was converted into a loan and disbursed to Dow, which was also used in the transaction.
The last 10 million was converted into a new plan to replace the original company's management and core technical personnel incentive plan, except for some transaction costs, and Tony's brother was given a cash of more than 1 million dollars in the name of a part of the creative contributors, and Song Ya forced him to hand it all over to O'Grady to buy a long-term fund.
In terms of expenses, he signed an insurance contract with CNA on the endorsement contract, which only targets minor violations in Dow's penalty clauses, such as brawls, being photographed by reporters for misbehaving, etc., and no matter how high the drunk driving and trafficking are, he will not do it.
Then there are the fees for Goodman and the law firm, and the fees for Samur and the accounting firm, which are the big heads.
According to reliable sources, Dow Chemical has signed a memorandum of understanding with Bath on the merger and acquisition, the transaction will be officially completed on January 1 next year, neither company disclosed the full text of the memorandum, but a spokesman for Dow Chemical said that the total value of the entire transaction will reach more than 100 million dollars, and he also announced that Dow Chemical will use this transaction to expand the market to party and concert supplies, and the fourth phase of the chemical park in Michigan will soon start construction, mainly for the production of fluorescent agents and civilian light stick products. The total amount of capital expenditure of the two is about $200 million......
In the conference room of A+ Records, Song Yazheng and his subordinates were watching the financial news, and at this time, Hamlin appeared in the picture again, only seeing him, not hearing his voice.
"This guy is really on camera." Goodman said.
Everyone burst into laughter.
The narrator continues, 'One of the shareholders of Bath, singer APLUS, expressed optimism about the deal, and his spokesman said that the market for glow sticks is very promising......
The picture is given to the concert scene on the other side of the book, "APLUS welcomes large enterprises with a good reputation such as Dow Chemical to enter this field, and provide stable and high-quality support products for application scenarios such as concerts and music festivals......
"Cheers!"
At the end of the short news, Song Ya and everyone clinked glasses to celebrate.
"Do you want to have a party?" Linda asked.
"Well, no, let's celebrate when the deal is officially completed, I'll be in Los Angeles in two days, Yeremov has been urging many times."
After having a throat problem, Song Ya, who was no longer drinking, took a rare sip of the wine in the cup and looked at the watch, "I'll go talk to Dion first, you guys please." β
Dion Wilson is busy in the small studio to produce the accompaniment of Give It Up To Me, which is a song in the original soundtrack of my life, male and female chorus, the female part has a low sense of presence, and the original male singer is a reggaeon singer with a strong Caribbean accent and a fast mouth, which is very recognizable.
In addition to being used during the filming of the film, the accompaniment will also be used for the later studio versions, and the official studio album will not be produced until next year, after the film is closed, and it is still early, so everyone in the studio, including Dion, is very relaxed.
βhey baby girl and it's you a the key...β
is about to make a lot of money, and the stock value alone will exceed 80 million, Song Ya was in a good mood, walked into the recording studio and picked up the microphone and sang along with the accompaniment, changing the original Caribbean accent and retaining other elements, "Yo! me go so thenβ¦β¦β
Dieng and they haven't gotten the words yet, this is the first time they've heard him sing a song from the soundtrack, and they all enthusiastically cooperate with the clamoring, "Wow, that's good, this is a good song APLUS." When Song Ya finished singing, he complimented loudly: "You're starting to dabble in reggae music again?" And the speed of speech was accelerated. β
"Okay, did you notice that I changed the way I spoke?" Song Ya didn't answer directly.
"Of course I did." Dion Wilson tugged at his ears, "But singing this kind of song shouldn't make a difference, right?" β
"Hmm. By the way, is the Deep Sea Common in use? Song Ya asked. When he came over, he saw a sign hanging from the recording in the deep-sea recording studio.
"Phigi." Dion Wilson replied, "You called her back to help the congressman run for the election." β
"Oh."
Song Ya diverted the topic, "What about the Common people?" β
"He is still polishing the new album, and it is estimated that it will not be released until the second half of the year." Dion Wilson replied.
"So long? I signed him for a million, and I haven't made any money for me yet. Song Ya was not happy.
"Don't worry, give him some time."
Dion Wilson hurriedly spoke for his brother, "He's not going to let you lose money, APLUS." By the way, William Adams, they're in another small studio, and the album they brought over should be released earlier than Common, so why don't you go over and talk about it? β
Fergie's next album is still early, and William Adams is about to release the album, but they were driven to the small recording studio, Song Ya used his brain a little to know that this guess was almost inseparable, "No, I don't have much free time......
Fergie is rarely back to A+ records now, and after he finished speaking, he immediately thought that according to the apocalypse, in the future of another time and space, she and William Adams will collaborate on Where Is The Love, "You wait and take Witchie and William to get to know them, try to see if they can collaborate on one or two songs, they are both from California, they should be able to talk together, right?" β
"Is this your decision or suggestion? Let them cooperate? Dieng asked, "Fergie has a lot more coffee than them now." β
"William, they have creative ability, Phigie doesn't, she's very smart, she won't play big names for no reason."
Song Ya said: "Artists need to communicate more, don't they? β
"You don't seem to need to, you never talk to us too much about music, and you always throw it in my face with a very finished work." Dion Wilson couldn't help but smile a little jealously: "Maybe this is genius." β
"Alright, you guys are busy."
Song Ya waved his hand, left the recording studio, and hesitated for a while when he walked to the door of the deep-sea recording studio, but finally did not push the door in.
Two days later, when his plane took off, there was a news image in the VIP waiting room, where a girl of several years old was crying heartbreakingly with a broken glow stick.
"The Chemical Industry Federation of the United States urges the government to enact immediate relevant laws to ensure that some harmful fluorescent products are kept away from people, especially children, to avoid such tragedies from happening again. The parents of the victim girl said that they would initiate a lawsuit against the company and local distributor who produced and sold the book, and the local police have also announced that they have launched an investigation......"