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American Fortune Life - Chapter 1367

Published at 7th of November 2021 08:08:48 AM


Chapter 1367: 1367

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"According to the information we get from Starbucks, they will announce another 6700 job cuts and close 300 stores at the end of December to cope with the recession.

According to Starbucks' plan, they will complete the plan by the end of September next year. This is after the announcement of large-scale layoffs and store closures in July, it can have a huge impact on Starbucks again.

In the third quarter of the fiscal year just ended, Starbucks' net profit decreased by 69% compared with the same period of the previous fiscal year. "

Alvette introduces the latest situation of Starbucks, while Andy is browsing the documents in his hand.

"It's hard to say that Schulz's courage is really extraordinary, because he can withstand the gloating of critics, the fickleness of public opinion and the collapse of Wall Street's stock price.

In the weak international consumption environment, if Starbucks wants to continue to pursue a good development plan, it must carry out reform, and strengthen its business strength through effective operation and maintenance of basic strength and brand value.

On this point, I quite agree that great companies must be accompanied by great management. The influence of a great management on the company is unimaginable. If you give him time, the change Schulz brings to Starbucks will be successful.

Unfortunately, I won't give him this time! "

Andy closed the document and smiled, not sparing his appreciation and praise for Howard Schulz, chairman and CEO of Starbucks.

Enjoy return to enjoy, now both sides are standing on the opposite side, in recent months, Andy's hands almost have nothing to do with their extreme pressure on Starbucks stock price.

"Closing stores is to reduce costs, which has a positive impact on profits - the factor of closing stores is not necessarily negative for market value.

Starbucks has a fundamental support. In any case, if the boss wants to acquire Starbucks successfully, the 5 billion dollar valuation can impress some people, and at least more than 50% of the shares are needed to fully control Starbucks.

After all, Howard Schultz's prestige is very high, without half of the shares, we may not be able to shake his presidency Alvert said solemnly.

"Well, I know that it's originally a tiger snatching food. Naturally, we should subdue the tiger and send out the news. Tomorrow, we will officially send out a purchase offer to Starbucks. The plan starts!"

Andy doesn't want to drag it down. With the acquisition of Starbucks, he will run over with sufficient funds. Wealth will stir people's hearts. If he doesn't move his heart, it must be that the money is not in place, but he will continue to use it!

"Good boss." Alvert nodded solemnly in response. He knew that in the next period of time, he might be the most nervous, nervous and risky period for his boss.

As long as it goes through smoothly, his boss will soar to the sky and become an entrepreneur with the world's behavior, direct control or intervention of huge financial resources, and multi domain power. The global power list will surely have his place.

"Howard Schultz..."

Andy frowns, squints his eyes, his fingers like playing the piano on the table and whispers the name.

"I'll talk to him then. Anyway, you can't manage a coffee chain in person. You still need to find a CEO. I don't believe Howard Schultz will refuse to continue to be CEO. After all, he will still be a member of the board of directors. His feelings towards Starbucks are very different."

As Karl, who knows Andy well, naturally guessed that Andy is thinking about Howard Schulz. Maybe they will be hostile to each other in the next acquisition process, but that's not to say that after a successful acquisition, they need to continue to be hostile. The key is Andy's measure.

"Think about it." Alvertriel also pondered for a moment, adding that he believed the think tank could help his boss control all the companies.

"I hope you know that I'm a barbarian, but I'm very unpopular with the founders. I hope Howard Schultz can see the acquisition calmly and rationally, otherwise I don't mind kicking him out of Starbucks completely!"

Andy nodded his head with a dignified expression, but the eyes in his eyes were really sharp and firm. He would not drag the unrest to his side.

"Didi --"

at this moment, alvette's pocket sent a short mobile phone prompt sound. Without hesitation, alvert took out a BlackBerry from his pocket, looked at the screen, and said to Andy: "it's Arthur LANCO of facebook..."

Andy nodded. This is the representative he assigned to the Facebook board. At this time, he sent a message. It must be something.

"Ha ha..."

Looking at the mail, Al shook his head and chuckled, letting Andy and Carl look at him curiously.

"Facebook's $500 million purchase of twitter was rejected. The main reason for the deal's failure was that Twitter's investors and founders doubted the true value of Facebook's shares, as well as their concerns about integration and cost.""Ha ha, pockmarked is being slapped. But Twitter is very persistent. It's been beaten down like that by my photo wall. The team has broken up. It's so confident. It's not to be underestimated. "

Andy first laughed at the pockmarked child, but soon his eyes narrowed, his eyes touched his chin sharply, and he frowned.

Alvertriel also converged on his smile. In fact, Facebook moved to buy twitter. Facebook's internal rumor is that Facebook CEO Mark Zuckerberg is quite frustrated and upset about the rise of instagram. According to the company's insiders, Zuckerberg is very optimistic about the development of Twitter and hopes to take it under his command to deal with Andy's photo wall.

Integrating the world's fastest-growing social Jiao website with Twitter's Micro blog service is a perfect match for pockmarked. Although Facebook has powerful social jiao functions, its innovation in "status update" has been surpassed by twitter.

The success of instagram threatens the status and development of Facebook, which is unacceptable for pockmarked.

"Last year, Microsoft invested 240 million US dollars to acquire 1.6% of Facebook, making Facebook worth 15 billion US dollars. After that, Hong Kong's Li Shoufu also invested in Facebook, although it is generally believed that the valuation is too high.

But in the latest round of financing, twitter, with a valuation of only $98 million, refused to buy $500 million of shares. To be honest, it really surprised me. "

"Twitter's investors and executives have great confidence in the company's revenue," said alvertriel, who was puzzled by his boss. Although twitter doesn't have revenue yet, Arthur learned from some people familiar with the situation that Twitter is very confident that it can generate revenue and resist the impact of the recession as long as it takes time. "

"Ha ha, if Mark really annex twitter, relying on Facebook's huge number of registered people, plus twitter, it can really generate a high communication fee, but now, how can I continue to give them this opportunity to grow and grow!"

Andy smilingly picked up the mobile phone on the desk, said and found out the number of the photo wall company and called out.

"Twitter diggers!"

When the phone was connected, Andy said only one word and ended the call.




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