If I were IBM nor when the second shareholder of Lenovo.docVIP

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If I were IBM nor when the second shareholder of Lenovo.doc

If I were IBM nor when the second shareholder of Lenovo

 PAGE \* MERGEFORMAT 5 If I were IBM nor when the second shareholder of Lenovo According to Beijing Daily reported May 30, 2006, in the Hong Kong-listed Lenovo Group’s announcement that changed last week with IBM shares previously signed an agreement banned. Under the new agreement, starting May 25 this year, IBM can transfer up to 2 / 3 of shares held by Lenovo, November 1, 2007 onwards all the basic price for the transfer of shares. In other words, after the Lenovo acquisition of IBM PC business, IBM has become Lenovo’s second-largest shareholder after the largest shareholder of the proportion of Legend Holdings. However, as time goes on, IBM is no longer wanted to be Lenovo’s two shareholders, and their choice may be ‘complete withdrawal’. Let us briefly recall the end of 2004, Lenovo acquired IBM’s PC division case. December 8, 2004, Lenovo Group, announced in Beijing, to total 1.25 billion acquisition of IBM’s global PC business, which includes desktop and notebook business operations. In particular, Lenovo paid 1.25 billion U.S. dollars, including 650 million U.S. dollars in cash and 6 million in Lenovo stock composition, the Chinese shareholder, Legend Holdings will own approximately 45% of Lenovo Group shares, IBM will own approximately 18.5% of the shares, Therefore, the acquisition of two IT companies is actually the Sino-US strategic cooperative behavior. Lenovo’s acquisition of this behavior is that the Chinese IT industry’s largest overseas investment in a, this time, Lenovo’s operating income will be about 30 billion U.S. dollars, while IBM’s PC business unit with annual revenues of approximately about 9.45 billion U.S. dollars. At this point, Lenovo will be the annual income of more than 12 billion U.S. dollars of the world’s third largest PC maker. This is really exciting pieces of matter, the whole nation jubilant encouragement. If by revenue, the size of the merger, enough to make the new Lenovo Group into the world top 500 (the world’s

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