The big frame is set, and now it's time to fill the flesh and blood.

Duke-Jagger suddenly proposed that the full name and abbreviation of the company be changed.

The full name of the company was changed to: "Usiris-Frederick Global Network Technology Venture M&A Fund"; The abbreviation of the company was changed to: OsirisMergerFund (Usilis M&A Fund), and the second abbreviation is OMFund (OM Fund).

The main card of "mergers and acquisitions" is to minimize the initial industrial investment, and merge and acquire companies related to the four major projects, so that the snowball increase of assets is a little faster; Even if there is an accident in the later stage when the subsidiary suddenly goes bankrupt or is acquired by an opponent, the equity can be thrown out to reduce investment losses.

Usilis nodded in agreement, after all, changing the name is a trivial matter, and the people he invited are making a lot of money for himself, and all the respect that should be given must be given; Otherwise, everyone will break up in two, and it will be boring!

None of the other shareholders had an opinion.

There are three major means to sweep assets and bundle them into a group, each with its own pros and cons, namely the acquisition of the holding parent company, the acquisition of 51% equity, and the acquisition of 50% equity.

1. The controlling parent company was acquired, and the reform policy was more radical, which is likely to cause serious dissatisfaction among other major shareholders and provoke internal fires!

2. 51% equity acquisition, this is the common acquisition war between group companies, extremely tragic, to the final board of directors reconstruction, and the end of the decision, to complete the all-round transformation of the subsidiaries!

3. 50% equity mergers and acquisitions, can only get the financial rights, everything must be discussed with the boss of the subsidiary, it is difficult to be arbitrary; It had to be prevented from suddenly breaking away from the subsidiary, which led to a fracture in the day-to-day operations. In the later stage, you can find an opportunity to win over some major shareholders and complete the reconstruction of the board of directors.

4. Only among the major shareholders of the corporate legal person within the group company will the controlling parent company be transferred. Large companies to small companies, usually acquisitions; M&A is only played between companies of the same size.

5. The merger and acquisition of large companies to small companies, a project in a certain region, at least two peer companies must be acquired, so as not to suddenly break away from one of them, resulting in a fracture layer in the operation process.

Example: Duke-Jagger was kicked out of Procter & Gamble because of "a takeover of the controlling parent company and aggressive reform policies." Behind him is a Dutch consortium among the major shareholders of Procter & Gamble, and after being elected CEO of Procter & Gamble, the management structure was changed to five global strategic business units for vertical hybrid management, for which he paid $1.9 billion for reform. During this period, the company that was previously acquired was forcibly acquired by the headquarters, and the middle and senior management were in a sword shadow, not to mention the result!

In fact, this is what the board of directors of Procter & Gamble Group wants, which has changed from mergers and acquisitions to controlling acquisitions, kicked out a large number of disobedient petty bosses in the second- and third-tier subsidiaries, and completed a benign reform at one time, and Duke-Jagger is the "butcher" on the table.

All in all, although mergers and acquisitions can snowball rapidly as a group company, the middle and senior management powers are too scattered, and there are policies at the top and countermeasures at the bottom. After the acquisition of the holding, the headquarters fully controls the management rights, so that the group can enter into a healthy development.

Example: In China, there is a special type of state-owned enterprise, which is distributed in various counties and towns across the country, called "cooperatives".

"Cooperatives" only acquired part of the equity of the subordinate second- and third-level companies (mainly shareholding, supplemented by mergers and acquisitions, and less holdings), in order to jointly operate, reduce market development costs, make joint accounts, and reduce taxes; The initial development has tied up the "Party Committee, Discipline Inspection Commission and Youth League Committee", and the business of internal companies can be connected together to solve all problems; After years of development, it has become a rapid promotion path and retirement place for a large number of leaders' sisters-in-law, brothers-in-arms, classmates, drivers, and relatives. At the moment, most of them are bankrupt, split, and acquired!

Going back to the source, management power is the first element that makes a company develop, and financial power is much weaker.

In view of the current situation of the "OM fund", mergers and acquisitions are the fastest way to sweep resources, and equity participation is not considered, because it is too wasteful of funds. Among them, the "Oudi Mall" project, in a country, must merge and acquire two large logistics companies throughout the country.

For companies related to the four major projects, the first choice for mergers and acquisitions is the assets in the name of the board of directors or the assets in the name of the circle of friends who have a good cooperative relationship. If there is a matter, everyone can discuss it in the board of directors and solve it. In the process of mergers and acquisitions, it is necessary to come up with half of the market value of multiple acquired companies, and the cost is relatively large.

Let's get back to the point.

The four major projects planned by Wuxi are: QQ Group (OCQ), Tencent Video (OM Video), Oudi Mall (OD Mall), Alipay (virtual settlement bank); After the two markets of North America and Asia, there are eight major companies.

The first two projects are easier to solve; The third project is a bit more complex, requiring a storage center with the largest investment; The fourth project, this one must be brought forward by the upper-level bosses.

On the North American director's side.

Jeff Immelt said he could act as a guarantor for online settlement banking projects.

Sumner-Redes said that CBS could be opened on Tencent Video (OM Video).

Jim Walton said that all AOL WarnerTimes Group's online games, CNN videos, SBBA videos, etc., can be unconditionally put into the game lobby and video, and will be charged in the form of membership cards and other forms, and then settled.

Duke-Jagger said it was willing to convince the boards of directors of Procter & Gamble and Henkel to hand over the operation of its products to the "Oudi Mall".

Barron Hilton said that it can add a QQ travel subscription business, and Hilton hotels will provide multiple sets of preferential travel programs!

Patri Ewing said she wanted to buy a shoe factory she founded.

Asia director's side.

Li Zekai said that he was willing to persuade his father to take out part of the land in Hong Kong, Singapore, and China, and join hands with the "Oudi Mall" to operate, and actively persuaded many banks to give the green light to the "Alipay" project and use the Li family as a guarantor.

Xiong Xiaoge and Zhou Quan said that they can provide support such as contacts and liquidity for the operation of the project.

Ma Huateng said: as soon as possible to develop all supporting software products, including: QQ, game hall, video software, Oudi Mall, Alipay and so on.

Everyone spoke enthusiastically and unanimously expressed their willingness to provide all support for the "four major projects". (To be continued.) )