Chapter 24 Acquisition of Starbucks



Li Muchen sat in a spacious and quiet office with a focused and serious expression. He closed his eyes slightly and concentrated on searching carefully for possible opportunities in 1988 in the mysterious USB flash drive in his head.

His fingers tapped lightly on the table, and he thought to himself: "This USB flash drive must contain key information that will allow me to soar to the sky. I must find it accurately." Every thought flashed through his mind rapidly, as if he was searching for precious treasure in the dark.

As time ticked by, Li Muchen's brow furrowed, then relaxed. Suddenly, his eyes fluttered open, a glint of excitement flashing across them. "Starbucks coffee! It's still relatively unknown, so this is the perfect opportunity!" he mentally exclaimed.

Li Muchen seemed to be picturing a future in which Starbucks flourished across the globe, becoming an integral part of people's lives. "If I decisively acquired it now and managed it well, the future profits would be immeasurable." The more he thought about it, the more excited he became, and his heartbeat quickened.

He further analyzed in his mind: "The coffee market has huge potential, and Starbucks has a unique brand concept and high-quality products. As long as it is given enough resources and strategies, it will surely shine." Li Muchen took a deep breath, calmed himself down a little, and began to conceive a detailed acquisition plan.

He secretly made up his mind: "This is a once-in-a-lifetime opportunity. I must seize it and not miss it."

After deciding to acquire Starbucks, Li Muchen immediately began to delve into the details of the company. He knew that to make a wise decision, he had to have a comprehensive and thorough understanding of his target.

At this time, Starbucks was still in an unknown stage. Neither the brand awareness nor Howard Schultz's own reputation had yet to be widely spread in the industry, and the number of its stores was only a handful.

But through a thorough investigation, he learned that Howard Schultz, CEO of Starbucks Coffee, was a remarkable figure who not only had unique insights in the coffee industry, but also possessed extraordinary leadership skills.

Li Muchen pondered inwardly, "Howard Schultz has been able to bring Starbucks to its current, albeit modest, scale in this fiercely competitive coffee market. He must possess extraordinary abilities. If he can remain at the helm after the acquisition is successful, it will undoubtedly be a boon to Starbucks' future growth."

With this in mind, Li Muchen decisively decided to meet with Howard Schultz. In a quiet and elegantly appointed conference room, Li Muchen spoke with sincerity and earnestness, "Mr. Schultz, I deeply admire your unique business philosophy for Starbucks and the hard-earned achievements you have made."

Howard Schultz frowned slightly upon hearing this, his eyes filled with caution as he responded cautiously, "I wonder what exactly you're talking about?"

Li Muchen smiled confidently and said bluntly, "To be honest, I'm interested in acquiring Starbucks, and I sincerely hope that you can continue to serve as CEO after the acquisition is completed."

Howard Schultz's eyes widened in surprise when he heard this, and he fell silent for a moment. After a moment, he slowly said, "This is undoubtedly a crucial and important decision. I need some time to think carefully about it."

Li Muchen nodded understandingly, "Of course, that's entirely reasonable. I'm sure you'll see the unlimited opportunities and enormous potential this holds."

After a thorough investigation, Li Muchen discovered that Starbucks' shares were relatively dispersed. This undoubtedly presented a significant advantage for his acquisition plan. During the difficult negotiations with various shareholders, Li Muchen demonstrated his persuasive skills and impressive financial resources.

He spoke earnestly and passionately, saying, "Please think about it. Starbucks has immeasurable room for development. With my sufficient financial support and careful planning, it will surely usher in an even brighter future."

The shareholders were deeply moved by his persuasive speech and agreed to sell their shares. In the end, Li Muchen successfully completed the acquisition of Starbucks.

He excitedly approached Howard Schultz and said, "Mr. Schultz, the acquisition has been a complete success. I look forward to working hand in hand with you to create a bright and glorious future for Starbucks."

Howard Schultz deeply felt Li Muchen's sincerity and firm determination, and nodded solemnly in response: "Okay, then let's work together and work hard together."

You know, although Starbucks and Howard Schultz are not well-known at the moment, Howard Schultz will push Starbucks coffee to an unprecedented peak in the future. And Li Muchen's acquisition may be the starting point of this glorious journey.

After successfully acquiring Starbucks Coffee, Li Muchen was eager to expand his business. Without hesitation, he allocated over $30 million to Starbucks' expansion plans. Knowing that talent is the core driving force behind a company's growth, Li Muchen sought out Howard Schultz and made a solemn promise.

In a spacious and bright office, Li Muchen looked at Howard Schultz with a firm gaze and said sincerely, "Mr. Schultz, I understand very well how important you are to Starbucks. If you work diligently at Starbucks for five years, I will give you a 2% stake. If you can stick with it for 10 years, I will give you another 2% stake."

My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!

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