NationStates Jolt Archive


Mekugis Largest Aerospace Organization flirts with Bankruptcy

Mekugi
28-07-2007, 02:59
Aerone Begins talks for International stock transfer-
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Carina, ADRM- Aerone, Mekugis largest Aerospace Industry employer, has recently announced that on Friday August 10th the company will officially close pending international talks. If an agreement is not met by that time an estimated 30 million people may be out of work.

After losing three Senate commission bids for the Replacement of the aging F-33 Raven Fighter fleet (bids 203.7, 408.3 and 801.3B), and recent denial of export rights to over 80 international accounts due to National Security Issues. Aerone, Mekugis largest Aerospace Corporation is flirting with Bankruptcy due to over spending and loss of contracts. The latest casualty being the canceled XF-53 'Ghosthawk' Air Superiority Fighter concept, into which the company had invested many of their own profits to attempt to ensure its survival, this was unfortunately followed by a dramatic drop in stock prices from 300.00 Menukis a share, to 30.00 Menukis a share, a devastating drop which ruined several of the major board members and forced majority control back to primarily the three founders of the company.

Aerone has announced that they will consider international offers for mergers, or control, but will only do so if the company is remain essentially whole, and not to be liquidated anymore than necessary for the companies survival.

[ooc: Please only realistic offers, with a bit of story or writing to them, honestly I'm just trying to justify the fact that Ive pretty much never completed three aircraft projects and feel the need to move on with other areas of design.]
Vetalia
28-07-2007, 03:13
http://upload.wikimedia.org/wikipedia/en/thumb/d/d7/Aeroflot_logo.PNG/300px-Aeroflot_logo.PNG
Аэрофлот-Aeroflot

Our company is looking for a way to enter the military systems and engineering business as part of our transition from air carrier to integrated aerospace supplier. As the largest air carrier in Vetalia in both passenger and freight service and operator of one of the largest plane fleets in the world, our company has a long history of operating, maintaining, and engineering the world's finest aircraft.

We have, in the past decade, launched a $50 billion acquisition program that has enabled us to move many aspects of our supply and revenue chains, from the OEM side (for example, our acquisition of fuel-pump manufacturer Petrovsk Aerospace Systems) to the aftermarket side (our rental, maintenance, and training programs operating out of Petrovsk Aeroflot Hub) under the umbrella of our company's oversight. This has allowed us to hedge a wide variety of costs and to focus these sectors' efforts on our needs as a company.

We can make an offer once we have specifics regarding the company, its financial status, and its product portfolio. Consider this a statement of interest.
Juumanistra
28-07-2007, 03:48
“Aerone Goes Belly-Up: Vultures Begin to Circle”

Cairn could scarcely believe it.

But there it was, on the front page of The Prop and Fan, Juumanistra’s premier weekly aerospace industry rag. Aerone’s products had certainly never found a very receptive audience in Juumanistra, nor had the flagship co-development program WINDS had orchestrated with Aerone, the Stingray fighter-bomber, ever really found much in the way of the sales. He felt a pang of regret for Aerone: They were a good company, which produced fine products, and the industry would miss them after their tragic exit from the world stage.

But with this tragedy came opportunity, as Aerone was a gem of a company. Quickly grabbing the phone, he began dialing an old venture capitalist friend of his, who’d helped raise the capital required to launch WINDS in the first place. There was much money to be raised and scarce little time to do it.

*=*=*=*=*

To: Aerone Aerospace
From: Cairn Satsuma, President and CEO of Wellington International Defense Solutions
Subject: Condolences and Opportunity

The whole of WINDS feels for the financial difficulties of Aerone, as fine a company with which we have ever had the privilege to work. We very much hope that the restructuring, whatever it may be, will find the owners and employees of Aerone happy and healthy in its aftermath.

However, WINDS would very much like to be company that heads the restructuring. As I’m sure the executives of Aerone well know, WINDS is renowned in both Juumanistra and Mekugi for its dedication to offering world-class products and services to both nations, as well as more than a dozen other nations and hundreds of international contractors. Our companies have, on at least one occasion, actively collaborated in the development of an excellent and reliable aircraft, the Stingray, and both of our companies have maintained close ties throughout the years, both before and after Mekugi’s departure from the IADF. We should hope that the quality of our previous working relationships should bolster the faith of the board and ownership about WINDS’s competency and dedication to both the business and Aerone.

With regards to a financial proposal, WINDS is willing to offer to offer a flat ][50,000,000,000 (56,500,000,000 menukis) payment to the ownership, as well as purchasing all outstanding Aerone shares at a price of ][60 (67.8 menukis) per share and assuming all outstanding debt. We can, as well, promise substantive penetration into the Juuman and New Tipperite defense markets in ways previously impossible for Aerone, giving new life to the XF.53 and other programs in both the federal and governate contracting markets. We can as well promise priority in competitions for Aerone-manufactured subsystems and components in ways that it previously could not compete because of its foreign ownership.

We hope that this proposal is satisfactory and that we hear back from you with good news soon.
Malatose
28-07-2007, 04:11
Baron Santhe, President of Santhe Aerospace, skimmed through his newspaper. As usual, there was nothing of interest, atleast to someone that wasn't interested in following the latest news regarding the Emperor.

As he sipped his glass of wine, one small heading, hidden in the Corporate News, section of the newspaper caught his eye.

Aerone, Mekugis largest Aerospace Industry employer, has recently announced that on Friday August 10th the company will officially close pending international talks

"Well, what a nice little surprise, it'll be a waste to let this gem go, especially with the nice things they're known to development."

He, quickly, picked up his cell phone and dialed his stock broker.

"Yeah, I want you to make an offer to Aerone, and money, it isn't an object."
---
To: Aerone Aerospace
From: Santhe AeroSpace Systems

The Santhe AeroSpace Systems is interested in acquiring Aerone. In doing so, we will be willing to pay $700,000,000,000 to aquire all your corporations stocks.

Aerone shareholders will also receive 3.3 Santhe shares for every Aerone share they own.

Also, Aerone will be allowed to keep the rights to their intellectual properties; thus, allowing you to do whatever you please with your products.

Also, your CEO will become a member of the Santhe Board of Directers and President of Santhe Research and Development. Also, he will become President of Santhe Aerospace, thus giving him even more power and prestige.

When the initial deal is settled, Santhe Corporation will funnel another 12.3 Trillion into the company to upgrade its facilities, and increase wages. Also, 2.1 Trillion of the initial 12.3 trillion dollar payment will be used to pay the owners of Aerone. After the initial payment of 12.3 trillion, Aerone will receive an additional 3 trillion, which will cover R&D and Operational Cost.

The extra money allocated to the Company, we believe, will allow for higher wages and better working conditions.

After purchasing your company, all debt, you have possibly accumulated over a period of time, will be absorbed into Santhe Aerospace, and paid off, immediantly. Also, under our offer, all employees of Aerone will remain with the company including the CEO, President and Board of Directers. All of which will be given a 100% pay raise.

Futhermore. Aerone will be allowed to operate under complete autonomy, just like the dozens of subsidiaries operating under Santhe Corporation now.

We hope you accept the offer our country has laid before your great corporation. We hope, that by working together, we can built a long standing relationship. One that will not only benefit us, but the entire aerospace development community as a whole.

Signed
Baron Santhe
Santhe AeroSpace
http://images2.wikia.com/starwars/images/8/89/Santhe-sienar.png
The Silver Sky
28-07-2007, 05:15
SIC:

From: CEO Steven Miller, Silver Sky National Armaments
To: Aerone, Mekugi

We at SSNA as sad to here that your company is in serious finacial trouble. Loosing Aerone to a foreign entity not in the Mekugian Commonwealth could spell disaster for our coming projects, which will rely heavily on Aerone research and engines as the previous F/A-84 Shadow Project and ARV-94 Black Eagle Project did.

We would like to offer One Trillion Universal Standard Dollars to ensure that this fine company will stay in the hands of the Mekugian Commonwealth, we would also like to purchase all outstanding stock for 5 times market value, and from any partial owner that wants out at 10 times market value, our intent is to purchase a controlling share of the companies stock. All current employes, the CEO and the Board of Directors will remain with the company. All outstanding debts will be paid off by SSNA, and wages will be standard for SSNA employees of the same rank.

This will be a very expensive proposal for us, but in the end it should benifit all partys, as we always look to the future, and the future for Aerone, should you accept this proposal, is starting to look very bright again.

Plans include the possible completion of the XF-53 Ghosthawk and other projects, and if you accept this proposal now, we will include an extra $500 billion.
imported_ViZion
28-07-2007, 06:53
Official Offer From Aerius Airjets
Aerone, we see that you are in a very poor situation, nearing bankruptcy as you are looking to merge or a buyout. We wish to offer you this:

We will buy 85% of your stock, and all debt acrewed by Aerone will be paid off, thus Aerone will no longer be in the financial crisis it is in. In addition, $10 billion will be spent to upgrade facilities, and 80% of the employees will be retained. Please note that the CEO, as well as all board members, will remain in control. Aerone will remain its own entity, its board and CEO having control over all product and marketing decisions.

As for manufacturing and technology, the two companies will be sharing their plants, processes, and technology to further improve eachother. Aerius Airjets build primarily small and medium size commercial and private jets. However, we are working on getting more involved in spacecrafts. We have dipped into the military aircraft industry, however we have been mostly unsuccessful outside of helicopters and unmanned scouting crafts. We look forward to being able to improve our military side.

On the flip side, you will benefit from the commercial side of things, as well as the unmanned scouters and basic spacecraft technology.

Please let us know whom the $10 billion USD needs to be sent to for improving your facilities, as well your stock market symbol so that we may purchase the 85% stock share. We look forward to working cooperatively with Aerone, and to see the improvement of both companies ten fold and then some.

Thank you,

Pierre Wills
CEO
Delkor
28-07-2007, 08:02
To: Aerone Aerospace
From: Imperial Delkorian High Command

The military industry of Delkor is almost entirely dominated by our shipbuilding facilities, with facilities that produce Army material rated at the secondary level. However, apart from one small factory, we have almost no aviation industries to speak of. Therefor, our government is willing to provide your company all the support you require. This in NOT a buyout or takeover. Your company would remain completly independent. The terms of our proposal are below:
1. The Imperial Government of Delkor would pay off all dept of Aerone Aerospace.
2. $40 billion in cash would be loaned to Aerone Aerospace for the production of new and existing aircraft projects. Any increase can be added at a later time if required.
3. New construction facilities will be provided by the Delkorian Government free of charge, to be located in Mordor Province, Delkor.
4. The loan would be paid back in production aircraft for the Delkorian Air Core.
5. After any loans are paid off, Aerone Aerospace will be granted exclusive contracts to supply aircraft to the Delkorian Military.
6. Aerone Aerospace will remain an independent company, with the right to produce and/or sell any aircraft design to any customer it wishes.

These terms ARE negotiable, should you choose to consider our offer.
Thank you.

Granthon, Senior Advisor, Imperial Kingdom of Delkor
Doomingsland
28-07-2007, 23:12
Official Transmission

Sender: Imperial Aerospace Corporation
Reciever: Aerone
RE: Merging

Greetings,

It has come to the attention of the Board of Directors that Aerone is currently seeking offers for mergers or acquisition. The Imperial Aerospace Corporation would be willing to aid Aerone in its time of need via a merger. Imperial Aerospace will assume all of Aerone's debts and current employee structure will remain in place. Aerone will continue to operate virtually autonomously alongside IAC and shall enjoy increased export of Aerone products via IAC, as well as solid investment into Aerone via IAC. In addition, IAC is willing to offer the current owners of Aerone a sum of two-hundred billion (200,000,000,000) denarii each as an incentive, and the Senatus Populusque Doomanus have expressed their willingness to bestow titles of nobility upon the current owners of Aerone should they accept IAC's offer for a merger.

We look forward to hearing your response,

Board of Directors, Imperial Aerospace Corporation
The Candrian Empire
29-07-2007, 00:14
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It is always a sour day when a proud, strong, well established competitor faces the threat of imminent failure, especially one as world reknown as Aerone, a company with legendary reputation for excellence in the skies. With the imminent threat of Aerone going under due to budget-driven considerations canceling off major contracts, we'd like to take this time to put an offer on the table.

Aerone is, for all practical terms, still worth a lot more money than any known offer dishes out. Estimates put the value of Aerone in the trillions based on spare parts and maintenance contracts alone. It is the view of the GEM Corporate Board of Directors that the current value of Aerone shares is a gross understatement that could very well rise within days of this news breaking out.

However, it is this value; this under appreciated value, that brings up the biggest of GEM Corporation's concerns. Aerone is too large a company to purchase outright. GEM, despite it's worth being in the trillions, does not have the money to throw around foolishly like some are doing, dispensing of their personal wealth like it is nothing to them. We will not do this. Instead, we are willing to make a more fair, practical offer. A merger with GEM Aerospace. As you may know, GEM Aerospace is one of the world's largest aircraft manufacturers, with well over 100,000 units of the FA-15 Cardinal in world service as of this message. Aerone brings with it prestige and advanced technology. A merger with GEM Aerospace would bring financial security for now and the foreseeable future, and dignity, as this would be a merger of equals. As such, Aerone is protected under the GEM corporate umbrella. The resulting corporation would require a new name, a new identity, of course. However, the resultant company will be, for now and for the foreseeable future, always finding itself at the cutting edge of aerospace design. The current employment of Aerone can remain - the corporate structure and upper management will change, but that's to be expected. However, they can be relocated, and the bulk of Aerone will retain their current positions. The rather large stream of funding earmarked by the higher-ups at GEM will mean that current debts can be paid off, and even in rough times, the resultant company will still retain a prominent position in the world stage.

We hope you seriously consider this offer, as we, as a whole, feel it is the fairest, sanes offer on the table, and preserves Aerone as a prestigious company and a major player in the world stage.

James Roland
CEO, GEM NHG
1 Gerard Lane
Melaias
DCE
Juumanistra
29-07-2007, 00:18
To: Aerone Aerospace
From: Cairn Satsuma, President and CEO of Wellington International Defense Solutions
Subject: Further Elaboration of Offer

It is my most earnest hope that this package finds you well. In our previous correspondence, I realize I was not as…detailed as I might otherwise have been. Included in the following are more details on the nature of WINDS’s proposal, as well as outlines of the direction WINDS intends to take Aerone, should the company opt to accept our buyout offer. It has been, as always, a pleasure.

*=*=*=*=*

Nature of Acquisition

Aerone Aerospace would be wholly bought out by and become a subsidiary of Wellington International Defense Solutions, with its current brand name, facilities, staff, and programs retained and all current contractual obligations, demands, and requirements honored in full.

Business Strategy

In light Aerone’s problems with its key domestic market, WINDS would have Aerone focus on competing in the market which it knows best: That of the Juuman military and civil aviation sectors. The Juuman military aviation market is a valued at ~][9,000,000,000,000(~10.2tn menukis/~US$18tn) per annum, with Aerone poised for serious market penetration: The brand is already well established in Juuman minds as one of quality and competence, hedged out principally by arcane procurement and domestic content laws. While the sheer size of the domestic market makes introduction of existing Aerone finished systems impractical(it is, after all, incredibly difficult to compete with infrastructures that cater to fifty or sixty-thousand units currently outstanding), we would have Aerone aggressively compete in the massive Juuman upgrade and component markets while working upstream to bring new products to market borne both fully of Aerone or in partnerships between Aerone and both Juuman or other major international defense contractors. Beyond Juuman market penetration, we would attempt to maintain Aerone’s positions of pre-eminence in the Mekugian market and in the markets of her commonwealth.

Employment Policy

WINDS would, initially, retain all employees in their current functions, pending a review of the past five years, or an amount of time determined to be required to discover and analyze what has brought Aerone to the point at which it finds itself. Afterwards, there may well be some restructuring, as is required, to properly purge or remedy the company of the personnel issues that brought the company to its current precipice: While we cannot speak of concrete numbers, it is only upper-upper management and legislative affairs that will probably take a drubbing from any such restructuring: It was, after all, the business planners and the lobbyists whose errors and miscalculations have brought Aerone to economic implosion.

Infrastructure

WINDS intends to retain all of Aerone’s existing factories and machinery, pending a review and audit of the company’s finances. Afterwards, we intend to maintain existing building capacity, barring severe financial hardship or the discovery of anomalies in the company’s records.

Intended Short-Term Development Projects
-Ni-27AER, a comprehensive upgrade and modernization kit for the most plentiful fighter in Juuman service, with more than a quarter-million units in Home Guard and reserve units and storage, to fulfill more than a dozen outstanding governate force modernization contracts at estimated initial 18,000 unit run.
-Ni-35ARX, an upgrade program using Aerone and HDL avionics and gunnery, in conjunction with a collaborative Aerone-Hinamoto engine upgrade kit, to compete for the Juuman Air Force’s Ni-35X program to upgrade the nation’s 40,000 Ni-35 Tsunamis currently in active service, with additional contracting potential in the 50,000 aircraft in Home Guard, reserve, and storage formations.
-XFN.53, a finalized XF-53 Ghosthawk with a modified avionics to bring it into lines with Juuman military specs, to compete in the JAF’s Future Dogfighter Initiative, with an estimated 7,000 unit initial contract and subsequent sales potential to replace the whole of the Na-24A/C, Nu-38C/E/CMI, and Ne-41C/D/E in the active Air Force(~95,000 aircraft) and spillover sales to the Home Guard, reserves, and storage formations.
-No-139B Super Stingray, an update of the No-139 Stingray originally co-developed by WINDS and Aerone, with 122 evaluation aircraft already on order from eight governates and the RSD Navy.

Financial Note

WINDS understands that Aerone has, by now, most likely received some very, very tempting offers, and we would like to sweeten the proverbial pot. We would like to revise our previous stock buyback offer, wherein addition to our previous offer of ][60 (67.8 menukis/US$120)per common share, we are willing to pay ][95 (107.35 menukis/US$190) per special class share, such as those usually held by institutional investors or as a means of retaining family control of an enterprise.
MassPwnage
29-07-2007, 01:21
To: Aerone Aerospace Corporation, Imperial Aerospace Corporation, the Mekugian Government.
From: MP Ordnance Corporation
RE: Acquisition rights.

MP Ordnance would like to offer IAC a low interest loan of 1 trillion NS dollars, so that the purchase of Aerone Aerospace Corporation might be facilitated.

There however, certain conditions associated with the loan, in order to allay concerns that the Mekugian Government may have about national security.

1.) In order to preserve Mekugian national security, technology classified as top secret by the Mekugian government shall not be shared with IAC or MP Ordnance unless the Mekugian government approves.

2.) All current employees of Aerone shall keep their jobs, with the exception of certain levels of upper management whom we feel are responsible for Aerone's bankruptcy. The current owners and founders will be compensated accordingly (at beyond market price) for their shares.

3.)Mekugian creative and scientific input will be left to its own devices with minimal interference in Aerone affairs by IAC or MP Ordnance.

4.) MP Ordnance will personally cover medical, dental and retirement benefits for every employee of Aerone, doubling the value that Aerone offered previous to its bankruptcy, regardless of value.

IAC is a larger distributor of aerospace technology than WINDS is, and thus, Aerone would be able to achieve greater penetration into more foreign markets than it would if it worked solely for WINDS.

I hope you can all consider our offer.

-MP Ordnance Financial Division
Etoile Arcture
29-07-2007, 12:05
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Offer of proposed merger

From, M. Robert Wiatt, CEO, Sequoia Defence Systems LLC
To: CEO, Aerone Aerospace
cc: Founders and Members of the Board of Directors of Aerone Aerospace

Dear Sir or Madam,

Sequoia Defence Systems LLC (“SDS”) has been observing closely the market’s reaction to the surprising announcement of the steep price drop experienced in your common stock over recent days.

For some time SDS has been searching for a suitable partner with which to develop the aeronautical and aerospace sector of our business. The board of SDS feels with your current market position a combination of our companies at this time would be compelling from a strategic perspective. SDS can offer financing and debt restructuring, guaranteed market access to the expanding Etoile Arcture defence industry to off-set your current order book losses, new opportunities in joint research and development, and access to new technologies. This deal would be contingent on the relaxation of export and technology transfer restrictions by the government of the Armed Democratic Republic of Mekugi.

Our proposal would involve an exchange of shares at an exchange ratio of 0.5 SDS shares per Aerone Aerospace share to purchase the principal amount of Aerone’s outstanding senior debt. Based on the Friday closing prices, our proposal represents a 299% premium over Aerone Aerospace’s current market price and a 15% premium based on our average share price over the last 30 days. This exchange ratio would remain constant and will result in Aerone Aerospace’s stockholders owning approximately 20% of joint common stock in the combined company.

As part of this merger SDS will agree to settle all of Aerone Aerospace’s outstanding senior debt with a yet-to-be-determined single cash payment to their creditors, and to provide it a $500 million USD financial facility as working capitol for the merged entity. If approved by Aerone Aerospace stockholders, the merged entity will agree to become a wholly-owned, fully independent subsidairy of SDS known as Sequoia Aerospace Systems (“SAe Systems”).

This deal would entirely eliminate Aerone Aerospace’s existing debt and, except for some clearly neccessary management reorganisation. would require no major restructuring on the part of the new Sequoia Aerospace Systems as no signficant overlap exists between our two companies,

We believe that our proposal is substantially more attractive to your stockholders than any other offer you may have recieved as it guarantees the full independence of Aerone Aerospace while providing it with a financial facility to continue operations and guaranteed access to an emerging aerospace defence market.

The Board of SDS has unanimously approved this proposal and we have been authorized by the General-Secretariat of the Unitary Technocracy of Etoile Arcture to proceed. We look forward to meeting with you as soon as possible to discuss and negotiate our proposal in detail and to achieve prompt agreement. You can be assured that we will do everything in our power to see this transaction through to successful completion. We strongly prefer to consummate this transaction on a mutually satisfactory, negotiated basis.

Sincerely,

M. Robert Wiatt, CEO, Sequoia Defence Systems LLC

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imported_ViZion
30-07-2007, 04:54
ViZion World Corporation
Reinventing The World

VWC Offer To Aerone
We, at ViZion World Corporation, are rather intrigued by the situation of which your company has come into seemingly so suddenly. A company of which produces world-class produces, and is one of the top producers in the aerospace industry in our eyes, and the eyes of many across the globe.

At ViZion World Corporation, we do not wish to bid for a takeover or merger. That would be to constraining for your company. Rather, we would like to revitalize your company. We would like to invest in your company, rather. And, no, not to recieve money back from you. Here is what we wish to offer your company.

ViZion World Corporation will pay off your complete debt. ViZion World Corporation will completely and immediately pay of any and all outstanding debt. In addition, any costs acrued by Aerone over the next six months will be paid off as well.

ViZion World Corporation will inject $1.5 trillion USD into Aerone. ViZion World Corporation will be injecting $1.5 trillion USD into your company to be used on future air and spacecraft programs, as well as improving your current aircrafts if need be.

ViZion World Corporation will spend $150 billion USD to upgrade current plants. ViZion World Corporation will be spending $150 billion USD to upgrade your current plants.

ViZion World Corporation will pay for two new plants. ViZion World Corporation will pay for two new Aerone plants to be build - as long as they are certified Green plants, thus meaning they will not be polluting any.

ViZion World Corporation will allow Aerone usage of Streamline Aeroplane plants. Aerone will be allowed to use any and all Streamline Aeroplane plants - all of which have recently become green in recent years.

IN RETURN,

Aerone will share technology and plans. Aerone will be required to share any and all technology and plans to Streamline Aeroplanes.

Aerone will share its plants. Aerone will be required to share its plants with Streamline Aeroplanes.

Please note that Aerone will remain its own, completely independent company, devoid of any decisions made by ViZion World Corporations. It's only requirements are the two listed above.

This will greatly benefit both companies, as ViZion World Corporation's Streamline Aeroplane division will be able to expand into areas outside of the commercial and freight side of the aerospace industry. On the flip side, Aerone will become a profitable company once again, and one completely independent, run completely by its own board and CEO.

Please, if you have any questions or concerns, let me know. I would greatly like to work this out.

Joe Vonday
CEO of ViZion World Corporation