I Am a Nobleman in England - Chapter 468
From the evening sunset to the bright lights on the tall buildings, they merged into a sea of lights in Manhattan.
Milos restaurant claims to have brought Greece to New York City. Olive trees and beach umbrellas create a very interesting Greek style. In the reinforced concrete New York City, it is a good place to “steal for half a day”.
has a bright and airy atmosphere. At the same time, many fresh vegetables, seafood and fishery products are displayed in the middle of the hall like a market, so that when they see these colorful ingredients, they can immediately arouse their appetite.
“Ding–“
On the white dining table, Arthur held a goblet with red wine with an elegant smile and touched the glass in the hands of AMC CEO Gary Lopez. They drank together, smiled and looked at each other, and put down the glasses one after another. .
“Hehe, believe my information, you should also be very clear. To the business world, I can only be regarded as a newcomer. However, my greatest advantage is that I understand and are willing to share the fruits of success with others. The idea is to make money together and make money together.
For example, the coastal power plant that just went on the market has created dozens of millionaires in one go. I have never been a stingy person. . . “
Arthur smiled and looked at Gary Lopez on the opposite side, and said very sincerely, and Gary Lopez nodded in agreement with what the young count said.
“To be honest, this time the acquisition of AMC cinema company, I did not expect it to be so difficult. The five major holding funds are completely squeezing the potential value of AMC and carrying such a huge debt, but they are still constantly using new debts to pay off old debts. Accumulate more debts and want to make another fortune through IPO.
To be honest, the prospects of AMC cinema companies are very worrying. If they succeed in listing, they will inevitably get rid of the AMC company that has been drained of their blood before the debt expires. At that time, someone will take over the mess and be willing to pay back. It is easy to say that once the debt defaults, the company has only one way of bankruptcy protection.
I believe that this is by no means what the company’s management and all employees want to see. Of course, even if my acquisition fails this time and the five major funds have messed up the company, there will be other capitals waiting for opportunities in secret. Capital is eternal, cold, and most efficient. The war in the capital market will never stop.
However, what I want to tell you is that what I value about the AMC cinema chain is not to use it to collect money and capitalize on it, but to really want to do a good job of the cinema chain. I want to build a chain across North America. , Europe’s international cinema!
I hope that, as the management who know AMC best, can help me complete the acquisition. Otherwise, I can only be blocked by them, and you continue to fall victim to their arbitrage and financial operations. “
Arthur’s remarks are not insincere or thorough, without the slightest concealment of reality, but also make the face of Gary Lopez, who was smiling on the opposite side, condensed, his eyes are gloomy, and his brows are frowned in contemplation.
As for Gehry’s meditation, Arthur did not interrupt him at all, but waited patiently, took a sip of the red wine, and gracefully put the wine glass back on the table.
“If the management cooperates with your acquisition, what can you get? Can you promise to protect the main person in charge with a golden parachute?”
Hearing the question raised by the other party, Arthur couldn’t help but shook his head and chuckled. The so-called golden parachute protection, that is, the severance compensation plan, is generally a preparation for the reverse takeover.
“If you need it, I can promise to give golden parachute protection, but what I hope is that the management can stay and continue to work for the AMC cinema company. I hope that a smooth transition can be completed, and I also need your professions. Management talents to help me run and manage the company.”
Arthur agreed without hesitation, and at the same time expressed the importance he attached to their management. He smiled brightly and stretched out his finger. He continued to Gary Lopez, who was slightly moved when he heard his words. Said.
“According to my understanding, AMC’s income system is divided into three parts, basic annual salary, annual performance bonus, and long-term equity incentives. Right?”
Gary Lopez looked at Arthur who was smiling with three fingers, nodded and said, “Yes.”
“…Among them, the annual performance bonus is divided into company performance and personal performance. If I succeed in the acquisition, then during the transition period, my requirement is that AMC’s net profit will be assessed at US$1 million. It will not reach 1 million. USD, the company performance part of the annual performance bonus will not be issued.
More than 1 million US dollars, the management can get the agreed annual performance bonus. If the net profit exceeds $1 million by a step, AMC will issue an additional 5% annual performance reward. Part of the assessment of personal performance is not based on net income, but based on the assessment of key performance, including the value of contribution to strategic and financial goals. How do you feel about this requirement? “
Arthur looked at Gary Lopez, whose eyes became extremely bright following what he said. He couldn’t help but smile, saying that everything else was useless, and nothing was worth real money.
“There is no problem at all, and I believe everyone will be very satisfied!”
“Haha…” Arthur laughed happily and said, “That’s good. Of course, the bonus for the personal incentive part of the management will also be greatly increased. For example, your incentive amount can be increased from 70% of the annual salary. To 90%, the incentive amount of executive vice presidents Craigramsay and John Macdonald can also be increased from 65% to 70%.
As for equity incentives. . . If AMC is listed in the future, I can draw the upper limit of the share award, that is, 10% of the total shares to the management! “
“Hoo——”
Hearing Arthur’s offer ~www.mtlnovel.com~Gary Lopez was really moved, and he exhaled a fierce breath in his heart, looking at the opposite young English earl, a lot of goodwill And admiration.
Although young, the handwriting and pattern are indeed very large. The conditions given are all very grounded, and people cannot refuse.
“Thank you for paying attention to us. For your generous treatment, I believe that my colleagues will be very happy.”
Hearing Gehry’s words, Arthur’s smile became brighter. He knew that the effect of his pledge to throw money was very successful. At the same time, he also saw how unpopular the five major controlling shareholders are among the AMC theaters.
There are no managers who like shareholders to use various names to cash in profits, draw blood from the company, and squeeze the value of the company. Even if shareholders give these managers high treatment, they are undoubtedly using their careers. In exchange for short-term windfall profits.
Of course, Arthur will naturally not just throw money, and naturally have the same requirements for these managements to give them generous treatment. Both sides are very clear about this, but now, it is not the time to say, after all, Arthur still No acquisition of AMC.
However, these promises have allowed Arthur to get the sincere help of AMC management. There is nothing more victorious than a combination of inside and outside.
After a happy dinner, Gary Lopez, with Arthur’s generous commitment, contacted all the senior management staff, held a video conference together, unified thoughts, and made a decision.
The next morning, Arthur received a call from Gary Lopez and sent someone to get a file bag from him. He saw the extremely detailed business list, asset list, debt list, and various confidential information of AMC. , Couldn’t help but smile happily.