Back To 1995

   Chapter 196 Bait

   Both Song Yang and Kravis gave each other a hard sip of each other's milk. When they heard Song Yang's praise for the KKR Group, Kravis and Roberts couldn't help but smile.

Not as rebellious as they expected, not like the rising stars on Wall Street, looking down on them old guys, Kravis and the two can clearly feel that Song Yang values ​​them and KKR Group very much, which makes Kravis feel Inevitably it is somewhat useful.

No one wants to admit that they are old and become a useless old guy, but the waves behind the Yangtze River push the waves ahead. In recent years, new people on Wall Street have emerged in large numbers, just like the people from Edison from the Deutsche Bank investment bank that emerged on Wall Street. s!

   "This is Bob Iger, the new president of America Telecom, Marcus, chief financial officer of America Telecom, and Greke, chief legal officer!"

Song Yang introduced the group of people in the office to the two Kravis. The reorganization of America Telecom, the Telephone and Telegraph Group, Enron Corporation, and the Bank of Comerica were all plugging people into America Telecom. Song Yang naturally would not be polite, and directly The people on his side were stuffed into the executive positions of America Telecom.

   Hearing that Iger had become the new president of America Telecom, Kravis and Roberts were stunned for a moment, looking at the "unknown" Iger, and both of them looked at Iger.

   "Good luck meeting!"

   Kravis shook hands with Iger, no matter who Iger was, but becoming the head of America Telecom became the object of their dealings in the future.

As soon as    entered the office, Kravis glanced at the office and said to Song Yang, "Song, you are missing something here!"

   "It's too monotonous, it doesn't fit Song's status as a genius in Silicon Valley!" Kravis said with a sigh, seeming to be very dissatisfied with Song Yang's trendy office decoration.

  Kravis is not only an artist, he is also an artist, the most famous abstract painting collector in New York, and his biggest hobby is to decorate the office.

  Song Yang heard this, pointed to the office, and said to Kravis, "President Kravis, if you want, you can be the designer of America Telecom's office. America Telecom will hire you at the price of a designer!"

   These words caused everyone to laugh. Not to mention, no matter how well the design is, just listening to it is a master of levers, and the decoration design for the office of America Telecom is full of Bigger.

  Kravis didn't get angry at all, pointed at Song Yang and said with a smile, "As you wish, but I'm very expensive!"

As soon as he entered the office, Kravis did not mention any cooperation with Song Yang, but dragged Song Yang to talk about art enthusiastically, about abstract paintings, impressionism, representative painters of the younger generation of America, etc. Kravis All at your fingertips.

   has a daunting face, but he talks about art, which is very different from the impression of the outside world, who is always thinking about which company to break down Kravis.

  Song Yang is no exception. Song Yang was puzzled by the representative of the painting school. The most artistic one he has ever encountered is probably Jenny wearing Victoria's Secret clothes and performing a swan dance for Song Yang...

In addition to art, Kravis also has a soft spot for golf, and said to Iger, who is familiar with the sports circle, "President Kravis, he used to be the captain of the golf team at Claremont Boys College! "

Hearing Iger talking about this, obviously talking about Kravis' itch, he couldn't help laughing a few times, "That's all in the past, I haven't touched a golf club for a long time, but Song, I But I have heard your speech, Song, you are a genius in the baseball world, the Houston Astros baseball team, but you have publicly recruited Song!"

When Song Yang heard this, it was because of his shyness. He was already quite skilled, but he still felt a little blush. I don't know if Song Yang's graduation speech at Devers School was too successful. Anyway, it was in America. It has successfully erected a genius image of a talented baseball player who unfortunately died and re-created on the Internet.

That speech, which has been reported by major media, is considered to be the realization of a new generation of America's dream, coupled with Houston's local professional baseball team, the Astros, also jumped out to help fuel the flames. Last year, it was very public. Recruiting Song Yang and letting Song Yang enter the Astros baseball team for trial training, the Astros will never admit that this is because the Double-Click Company has become a sponsor of the Astros team.

Anyway, the character of Song Yang, a talented baseball player, has been welded to death by electric welding. Even now, there are serious discussions in the media. If the injury hadn't happened, Song Yang would have gotten into the professional baseball team. Comparing Song Yang with several talented baseball players of the new generation, such a performance is so outrageous that some people really believe it...

   It can only be said that in America, worth really means everything, and the ability to make money is justice. Song Yang is now saying that he can't play baseball, and it is estimated that no one will believe it!

   "President Kravis, I think you should buy a golf club and invite Tiger Woods to compete!" Song Yang said to Kravis with a smile.

   Tiger Woods is now America's hottest golf talent. Although he has not yet entered his career, he has won three consecutive American amateur championships.

   "If Song, you want to enter the sports industry, I would be very interested in investing together!" Kravis also said.

  Song Yang and Kravis looked at each other and nodded tacitly, "Definitely!"

   "President Kravis, America Telecom is willing to invite KKR Group, as the investment consultant of America Telecom, we believe in the introduction of board member Enron!"

   Marcus said, this is telling Kravis that it was Enron, one of the directors of America Telecom, that introduced and guaranteed the KKR Group, and America Telecom chose them as an investment consulting partner.

  Roberts next to Kravis heard this, "Time will tell that cooperation with KKR Group is the best choice for America Telecom!"

  Roberts is not to be outdone. Although KKR Group is not as famous as Goldman Sachs, Morgan and other companies in the investment advisory and consulting industry, but when it comes to acquisition experience, then KKR Group has something to say.

   "The situation of Telecom America is very special now. President Kravis must have heard of it. I don't know, what advice do you have for Telecom America now?!"

   Let Kravis come today, Song Yang didn't really want to listen to any artwork. The most important thing is to see what plans KKR Group can make for America Telecom.

Iger also looked at Kravis. The stone of the mountain can attack jade. Iger is not a domineering person who cannot listen to other opinions. On the contrary, Iger does not take power. When he was in the ABC Group, he always It is to make the best use of everything, and to delegate power to capable directors and program groups. This is one of the reasons why ESPN has developed rapidly in the ABC Group.

Kravis knew that he had to come up with something real at this time. Otherwise, even if America Telecom was willing to cooperate with KKR Group, it would not listen to the opinions of KKR Group. Not what Kravis wanted.

   "There are hundreds of investment consulting companies on Wall Street. I believe that each company will have different opinions on America Telecom, but I believe that KKR will be the most special!"

  Kravis said with confidence that, as a veteran leveraged buyout company on Wall Street, even though its popularity has faded in recent years, it still has some heritage.

"I have heard the rumors from you Song that you want America Telecom to acquire UUNET, but with all due respect, this is not a good choice. WorldCom and MFS Group have raised the purchase price to US$2 billion for UUNER Communications. Above a knife, at such a price, for America Telecom, even if it is acquired, it is difficult to sell it!"

  Kravis seemed to have seen through Song Yang's intentions, and immediately said that America Telecom didn't care about UUNET.

Song Yang is not surprised at this point. Although Song Yang made a lot of rhetoric about UUNET, he never actually made an offer at all. Instead, he deceived WorldCom to raise the price again and again. WorldCom and MFS are in the game. Some of them are hard to see, or they dare not gamble, but a bunch of old foxes on Wall Street can see it clearly. Song Yang is completely raising the price of UUNET and fooling WorldCom to take over.

   "What does President Kravis mean?!" Song Yang asked calmly.

  Kravis glanced at Roberts, who took out a few documents and put them in front of Song Yang and the others.

"America Telecom, compared with established telecommunications companies such as WorldCom, MFS, and Princeton, has the biggest shortcoming, in addition to lack of funds, that it is difficult to convince Wall Street and investment institutions around the world that American Telecom can provide them with enough profit!"

Kravis raised the question from another angle. When talking about the issue of American Telecom, it is still the same sentence. The establishment of American Telecom is too short, and the speed of jumping up is too fast. It's no wonder that if you kill a Wall Street company, it will make Wall Street companies have a good impression of America Telecom.

For the telecommunications industry, which is easily acquired by tens of billions of dollars, the acquisition funds are basically provided by Wall Street. If you cannot convince Wall Street institutions that there will be returns, then you will not get the support of Wall Street. In comparison, it is The listed companies such as WorldCom have an advantage, and it is easier to get the support of Wall Street institutions!

   "Americas Telecom needs to quickly complete a project such as an acquisition transaction, or a project like the Chicago-to-Wall Street line, and give enough returns to the institutions that invest in American Telecom."

Kravis's intention is very clear, that is to immediately complete an acquisition plan or new project, and then give the institution that provides funds for American Telecom, a huge return, just like fishing, you must first give the fish a little bait before the fish can be caught. to hook.

   "It's impossible, there can't be a second route from Chicago to Wall Street!" Gleek said without hesitation.

   (end of this chapter)