Back To 1995

  Chapter 203

This is an unavoidable thing. The construction site is not a good job, and there are not many red necks willing to enter. In addition, Song Yang has strict requirements on the construction period and the Oswald Construction Company, which is understaffed, naturally began to recruit Lao Mo, South American Local people enter the engineering team.

Not only the Oswald Company, but other construction companies in America as well. In the past ten or eight years, most of those who were active in the processing sites in America have become construction companies and personnel in other regions overseas. , come here to earn foreign exchange.

Song Yang looked at the red-necked cowboys who had been following behind him, and knew what they meant. It was obviously the cowboys from Texas who were on the construction site of the American Investment Foundation Building. They encouraged him to come here. get some income.

   After thinking about it for a while, Song Yang turned back and said to the person in charge of Cowboy, "At the end of the year, the managers of this construction site can take an extra year-end bonus as a subsidy!"

Song Yang needs some "persons of his own", even in name, to let the cowboys in Texas know that Song Yang is on their side, even if it's a pretense, personality and basics, it must be consolidated , at a critical moment, maybe it will be of great use, zero yuan purchase or something, compared with the impact on Capitol Hill, it is simply not worth mentioning...

Hearing Song Yang's "heart towards" them, the head of Cowboy was overjoyed and immediately stopped mumbling. Most of the management personnel on this construction site are from Texas and Houston. The subsidies and bonuses are basically is issued to them.

   Entered the construction site, and in the roar, Song Yang saw a large row of machines working on the construction site, and more machines and vehicles were rushing here.

   Looking at the construction site in front of him, after next year, Song Yang will have a home of his own in America!

The phone rang, and after connecting, Iger's voice came. On the phone, Iger's voice, even if it was suppressed, could still hear some unusual colors, "Boss, America Telecom's acquisition of CompuServe has already been completed. Nearly close, William Cobb, president of the Brock Tax Company, the parent company of CompuServe, has agreed to the acquisition for a total purchase price of $970 million!"

The key to   's acquisition of CompuServe lies in the hands of Brock Tax Company. Brock's approval of this acquisition means that the acquisition has been completed.

   Song Yang nodded when he heard the purchase price. This price was a big premium for CompuServe, but it was not as outrageous as UUNET.

   "After the acquisition is completed, let's make an announcement!" Song Yang explained to Iger.

   After all, the acquisition of CompuServe is for sale. How can you sell it for a good price without making this acquisition known to everyone?

  Today is definitely the most special day for America's telecommunications industry after the enactment of the new Telecommunications Act.

  When UUNET was acquired at a price of 2.1 billion US dollars, which caused a sensation in the telecommunications industry, before the Nasdaq closed, the best news came out again.

  The old Internet service provider, CompuServe, a 27-year-old Internet service provider, suddenly announced that it was acquired by America Telecom!

   When the media reported the acquisition, the entire Americas Telecom and Internet industry felt a sense of madness.

CompuServe, which has only a few million users now, is still barely profitable and claims to have overseas markets, but it has long been no match for AOL. In the dial-up Internet industry, AOL has been left far behind. After the news broke, countless people have begun to forget this company that first provided Internet services.

   But such a broken company can actually sell for a sky-high price of one billion dollars? !

   But sometimes, it is so outrageous. In this period of Internet mania, no matter how bad it is, as long as you are related to the Internet, you can make a lot of money.

Almost as soon as the news came out, not only did the stock price of Brock Tax Corporation, the parent company of CompuServe, go up, even the stock prices of Telephone and Telegraph Group and Enron Corporation, which are shareholders of America Telecom, rose sharply. stunned.

  The KKR Group, Goldman Sachs, Deutsche Bank Investment Bank, Merrill Lynch and other Wall Street institutions that handled the acquisition frantically cheered for this acquisition.

"America Telecom, which has acquired the telephone and telegraph group, broadband and Internet service business, after acquiring CompuServe, will once again gain a large number of users and markets in the fields of Internet information consulting, dial-up Internet access, online services, etc., America Telecom is currently ranked in the top of America. Three telecom and dial-up Internet service providers!"

  In the report of Goldman Sachs analysts, the acquisition of CompuServe by America Telecom is a miracle. The aging CompuServe company has also become a hot cake that everyone is fighting for, and it was snatched by America Telecom.

Deutsche Bank Investment Bank and Merrill Lynch also touted the acquisition, "Nowadays, the broadband business occupies less than 3% of the market share in America's communications industry, and because of the high cost, the speed of laying optical cables and bandwidth is very difficult. To meet the needs of all America network users, it is difficult for broadband services to replace dial-up Internet services in the next three to five years.

  America Telecom invests in broadband services to seize the future, and the acquisition of CompuServe is for the future. In America's nearly 50 million dial-up user market, America Telecom will definitely have a place! "

  Anyway, they have all the good things to say. The American Telecom is right, and the acquisition of a crappy Internet service company like CompuServe has also become a just move.

   This is the advantage of having the support of Wall Street, you can always find reasons to support it, but when you oppose a company, even if the company makes money, it can be demolished for nothing, as if it will go bankrupt tomorrow!

  In one day, two shocking acquisitions suddenly broke out, and the entire telecom industry, which was already restless, began to move, and America Telecom and MFS felt like they had kicked off the big acquisitions in the history of the American industry.

   Born in Bell, formerly known as Atlantic Bell's Verizon, there is news that it will merge with another Bell company, and there are rumors that it is also eyeing the largest telephone switch company in America.

   Ralph, the founder of Comscast, officially announced the launch of broadband services, and Comscast will enter the field of Internet services. The stock price of Comscast soared that day, which also marked that another telecommunications giant entered the Internet industry.

   The rest of the SBC, Charter Communications, Princeton and other companies have also accelerated the issuance of bonds and funds, obviously raising money to prepare for a big fight.

  America's media industry is not to be outdone. Disney is in close contact with Iger's old club, the ABC Group. Time Warner has even spread the news that it is going to throw more than 9 billion US dollars in acquisitions to Turner Broadcasting.

The new telecommunications bill opened up the America market, allowing Murdoch's News Corporation, a multinational giant, to speed up its capture of the America market, and once again spent more than three billion dollars for the established Fox Television to acquire New World Communications. , the latter has television stations in twenty-two states in America, and Murdoch wants to build Fox into a television network across America.

  The entire telecommunications and media industries have been stimulated by the two acquisitions today.

   But the more exciting ones were two other companies, WorldCom being one of them.

  In the WorldCom headquarters building, people who go to work here today dare not walk hard, let alone make a sound.

   WorldCom lost to MFS, which made Bernard Ebes furious. From the moment the acquisition failed, Ebes called WorldCom executives to the conference room.

   The staff of WorldCom outside had no way of knowing what happened inside, but through the thick conference room door, they could hear Ebes' roar, and they could know what was going on inside.

   Among the ordinary employees of WorldCom, Ebes has always had a good image, and today's outburst of anger shows how he feels at the moment.

   "Finance department, think MFS will not give UUNET a price of more than two billion dollars?!"

   In the conference room, Ebes stared badly at the executives responsible for the acquisition of UUNET. The people Ebes was staring at lowered their heads and did not dare to look at the angry telecom emperor.

   Ebes laughed in anger. He hunted wild geese all the year round, but this year he was pecked twice by wild geese. Playing WorldCom, which started out through acquisitions, has always been the only one who robbed others, but this time he was even robbed by others!

"MFS's bid has seriously overestimated UUNET. The price of 2.1 billion US dollars. It is difficult for MFS to digest it!" The executives in charge of the acquisition were complaining. Such an outrageous price.

   Ebes looked at the person in charge of acquisitions and acquisitions who he regarded as his right-hand man with a bad expression, but now he feels that he has completely failed to keep up with WorldCom!

   "Whether it can be digested or not, MFS gets UUNET and gets the future, while WorldCom has no such opportunity at all!" Ebes said angrily.

Seeing that the people in the conference room were about to be turned off by Ebes, Scott, who was Ebes' confidant, had to stand up, "Now is not the time to investigate this matter, but how to do it, the acquisition of UUNET failed. , has made Wall Street and investors distrust WorldCom very much."

  Ebes took a deep breath, knowing that it was useless to get angry at this time, and preserving the stock price was the key.

   "James Crow thought he won, and he still wants to be the one who decides America Telecom?"

Ebes said with a sneer, and slapped the table hard, "I said, no one can stop WorldCom, neither can MFS, it acquires UUNET, then WorldCom will take back UUNET from it, and add interest. !"

   "WorldCom acquires MFS!"

  Ebes found the next target for WorldCom. The entire WorldCom conference room looked at the ambitious Ebes in stunned eyes, and no one dared to say anything to stop him.

   Just like WorldCom, there is also the AOL company that has been proud of the spring breeze this year.

   EDG is awesome!

   Today is Saturday!

   (end of this chapter)