Back To 1995
Chapter 216: slap swollen face to make fat man
Chapter 216
The final price proposed by Song Yang is actually a steal for AOL, but it sounds better than the price of 1.3 billion US dollars.
Case, Leonsis and others, after whispering a few words, nodded towards Song Yang, "Song, AOL hopes that you can fulfill the conditions you agreed to!"
"I think about this, President Case, so don't worry." Song Yang was also in a good mood after selling it to CompuServe.
As for Song Yang's words, Case can still trust Song Yang. Since Song Yang came out, although he has done a lot of pranks, and he is different from the mainstream of Silicon Valley, he is close to the elephant party, but he is still reliable. In this respect, it seems to be more convincing than Case...
Although it cost a lot of money, it can solve the trouble. Just now Case was worth it. Case got up and stretched out his hand to Song Yang, "Song, I hope you will have a good cooperation in the future!"
No matter what happens in the future, anyway, in the short term, Song Yang and Case are in the same camp. America Telecom and AOL are on the road to the sky. Double click and ICQ, etc., they will start cooperation with AOL.
There is no press conference to be held. This acquisition, AOL can't wait for the whole world to know about it, and it will definitely not be publicized with great fanfare, and America Telecom is also happy to make a fortune.
After Song Yang and Case decided, an acquisition involving more than one billion dollars would be dealt with by a team on both sides, but basically the agreement was reached.
Wait until all the agreements are signed, and then report to the Communications Commission to go through the process, but this kind of thing usually won't happen. Even if you know there is an activity, no one will stop it.
Seeing that the two sides have turned from deadly enemies to allies in the blink of an eye, the two gangs who were fighting with each other just now are now chatting and laughing, and they can only sigh that life depends on acting skills.
"Song, I hope that the company will be listed successfully by Double-click. If you need help, AOL will be happy to help!"
After the negotiation was over, everyone picked up the champagne and drank a glass of champagne. It was a celebration. Case, who held the glass, touched Song Yang, and suddenly said this to Song Yang without thinking.
Song Yang was stunned for a moment, not knowing what Case meant by this, then suddenly thought that Case must have heard some rumors about Double Click Company, otherwise he would not have said this.
"Thank you, President Case for your kindness!" Song Yang raised his glass to signal.
Case didn't stay long with the AOL group. After the agreement was signed, he left in a low-key manner and headed for his west coast.
Song Yang was thinking about Case's words. The first thing that came to his mind was Ella Cherry. Song Yang wasn't sure if it was her, but she was sure that she had to complete the fatal one before Double Click Company went public. Otherwise, she may not have a chance when the double-click is listed.
But after just thinking about it, Song Yang didn't ask anyone to investigate again. The soldiers will block the water and cover up, and sooner or later, there will be a head-on collision with Ella Cherry.
Ella Cherry's means are nothing more than fines, prosecution and fines, or the introduction of an Internet advertising bill against DoubleClick, but these take time, and it's a big deal to play tricks.
America is a revolving door. No one can sit on the stage all the time. It is impossible for the Donkey Party to which Ella Cherry belongs to always occupy the Grand Commander's Palace. Anyway, it's just a lawsuit, and you have to pay if you admit defeat.
put the wine glass on the table and returned to the conference room. Song Yang said to Iger and the executives of America Telecom, "We won!"
The conference room immediately burst into applause. In this wave of operations, America Telecom definitely won. It acquired CompuServe and sold it for nearly three hundred million dollars. It was a win.
"Call KKR Group, Goldman Sachs, Deutsche Bank!"
Song Yang asked the executives of America Telecom to inform the Wall Street companies that participated in the project that they wanted to share the money. America Telecom was here for a live performance, telling the people on Wall Street that America Telecom was very profitable, not only It will pull the line, acquire and merge and then split and sell it, and it is also very good at it. If you don't hurry up with a US knife to support America Telecom, what are you waiting for? !
A group of executives in the conference room are still excited. They can also get a bonus this time. They have just entered America Telecom and completed such a transaction. Compared with these executives, America Telecom is expected to be more expensive. There are many more powerful companies. Only after a company has tossed, can these executives have room to play. If there is a pool of stagnant water, they can only sit on the bench.
Song Yang and Iger sat aside, Song Yang looked at Iger, who was still a little excited. This was the first acquisition and transaction in his hands, and it was of great significance to Iger.
"Iger, CompuServe's deal is not the most important thing for America Telecom. America Telecom needs to have its own broadband network. Now is the best time for America's telecom industry. Get up, it's impossible for America Telecom!"
Song Yang explained to Iger, telling him not to put the cart before the horse. Like Ebes, he played the acquisition game. WorldCom, which looks like a giant, is actually a castle in the sand. Once the market changes, the popularity of the Internet dissipates. The telecommunications industry naturally wants to reduce the fever, and the first unlucky person is WorldCom.
As for Telecom Americas, taking advantage of the current madness in the telecommunications industry, whether it is acquisitions or self-construction, anyway, America Telecom's broadband lines should be covered in several major cities in America. In the future, these will be lying To earn money, that line is not much different from a banknote printing machine.
"Not only the telecommunications industry, as long as America Telecom can operate, there will be sufficient cash flow, and America Telecom can also enter the American media industry!"
Song Yang's words made Iger's heart skip a beat. He understood what Song Yang meant. After the new telecommunications law, the barriers between telecommunications, media, Internet and other industries have basically disappeared. Now, as long as you have a beautiful knife, you can enter major industries.
Seeing that Microsoft is just around the corner, there is news that it wants to set up its own TV channel, ready to let Microsoft's voice be heard by more people!
However, if Telecom America wants to play cross-border, it needs to have sufficient cash flow, and it must also make the outside world feel that Telecom America can make a lot of money, and the number of optical fibers and broadband lines it holds is the best proof. .
"After the CompuServe deal is completed, I will let America Telecom start negotiations with WilTel Telecom!"
Iger, who has calmed down, said in a deep voice that the acquisition of CompuServe can only be considered as a family, then the acquisition of WilTel Telecom will allow America Telecom to have a complete network service system, as well as a set of formed underground fiber optic line network, That's what America Telecom really needs.
Song Yang nodded, Iger is not the kind of arrogant character, if you change to a strong president, I am afraid that at this time, I am thinking of continuing to acquire and earn more fame and fortune!
America Telecom sold CompuServe to AOL, even though both sides are very low-key and have no external publicity, but there is no airtight wall in the world, let alone an acquisition of this scale, which is so dramatic.
A few months ago, CompuServe was just bought by American Telecom for a billion dollars. At that time, there were people who ridiculed Iger for making a loss-making business. CompuServe was left with those crooked users. It's so expensive to sell.
But in the blink of an eye, the slap in the face happened. There are millions of users who were considered crooked melons and jujubes before, but there are still people who came to take over the orders, and they took over the orders at a high price, with a purchase price of 1.29 billion US dollars. , When the news came out, the media were a little dumbfounded.
In less than two months, he earned nearly 300 million US dollars in blood. Which professional manager on Wall Street was able to do such a sturdy thing at the beginning of his tenure?
AOL took over CompuServe at a high price, which caused an uproar in the outside world. I don't know what kind of crazy AOL is taking to buy such a **** thing at such an outrageous price.
Forget about laymen, the telecommunications and Internet industries were a little stunned when they saw the news. Case actually took so many beautiful knives to exchange for such a junk business in Song Yang's hands!
"The latest news from Wall Street, AOL, the largest Internet service provider in America, announced today that it has reached an agreement with Inter-American Telecom to acquire CompuServe, which is under it. According to rumors, the overall purchase price will reach $1.29 billion. , is another acquisition of over one billion dollars after UUnet.
AOL will complete the acquisition in the form of stock and cash. After the acquisition, AOL will completely get the dial-up Internet business of America Telecom, and the latter will completely withdraw from the dial-up Internet business! "
The news of the deal between AOL and America Telecom was broadcast on the TV station. When they saw the news, the Netscape trio, who had been tormented during this period of time, couldn't help but burst into laughter when they saw the news.
Anyone with a discerning eye can see that AOL was slaughtered severely. Although it was not personally avenged, seeing AOL and Case shrivelled still made Anderson feel a sense of revenge.
"Looks like we need to call, congratulations to that kid!" Anderson laughed and said to Jim Clark and Baxter.
In the blink of an eye, Song Yang made another $300 million from AOL. Anderson couldn't help but envy for a while, but he was even more happy about Case's deflation.
"The acquisition of CompuServe is an important step for AOL. CompuServe can consolidate AOL's market position in America. More importantly, CompuServe's overseas market allows AOL to enter Canada, England and other overseas markets, allowing AOL Become an international Internet service provider!"
Watching on TV, who was interviewed by the media, obviously suffered a big loss, and was still racking his brains to find a reason for AOL to acquire Lyonsis, Jim Clark finally couldn't help laughing.
(end of this chapter)
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