Acer CEO Jason Chen has recently given his views upon the merger of Asus and Acer after both brands have captured almost 70 percent of combined market’s share in Taiwan. Seemingly, if merger occurs it will be against the Fair Trade Laws in the country. But the Acer founder has pointed that he was ready for a takeover of his company amidst dropping stock price.

Acer CEO says: Acer is not planning to merge with Asus.

Acer stock price dropped up to 50% since April. The profits declined as compared to previous year up to 10 %. For July, revenue declined 33% year-over-year.

“U.S. and European management teams usually are concerned about money, their CEOs only work for money. But Taiwanese are more concerned about a sense of mission and emotional factors.”-Stan Shih, founder, Acer

While Shih is welcoming a takeover of his company, his comments point towards an empty gesture. He further clarified that anyone buying the company will have to pay a lot of money. This is because the entire management would resign, which means a lot of money will be paid for an empty shell with no value.