Back To 1995

   Chapter 684 Backdoor

   "President Paulson!"

   "Manager Addison!"

  Song Yang called to Paulson and Edison. These two are basically the two institutions that Song Yang has worked with the most on Wall Street, and the two most powerful people on Wall Street.

   "President Bates!"

When he saw Bates who entered the conference room with a group of people, Song Yang still greeted him with a smile, but Bates was a little unreal. He touched Song Yang, snorted, and brought a group The person sat opposite Song Yang, and when he treated Iger, Bates' attitude was a bit better.

   After seeing this scene, Paulson, Edison and a group of Wall Street institutions all looked at each other, and Paulson showed a meaningful smile.

Wall Street is a shitposter, focusing on cracked eggs. If the major shareholders of ICQ and Inter-American Telecom are in harmony with each other, how can they have room to intervene? As long as they find an opportunity, they can intervene and make a fortune, even Take control of a company!

Song Yang looked around the conference room. The large and small shareholders of ICQ and America Telecom were basically gathered here today. Like Irene, Wesley, and Iger, they would definitely not oppose the merger. RICK and Enron, the minority shareholders who hold ICQ and America Telecom, are also on Song Yang's side.

After looking around, Song Yang felt that what needed to be done was the Telephone and Telegraph Group, as well as Goldman Sachs, Deutsche Bank, and Merrill Lynch to agree to the merger plan. After all, the new shares and bonds issued require them. Real gold and real silver to pay the bill.

  Irene coughed, the conference room officially started, and the entire conference room immediately became quiet.

   "On behalf of ICQ's board of directors, I welcome everyone to come. Our resolution today will determine the fate of two companies, 13,000 people, and related cooperation. More than 80 companies and 70,000 people will be affected!"

   "I don't need to describe the relationship between America Telecom and ICQ. Both sides are already familiar with each other, whether from the board of directors, management, or staff. I think this merger will not cause too much damage to both sides..."

   "Not necessarily!"

   Before Irene had finished speaking, a voice suddenly appeared, interrupting Irene's words, and everyone in the conference room turned to Bates.

Pellet Greeney, who was beside Paulson, looked at Bates in disbelief. He originally thought that he was here today to go through the motions, but now he suddenly felt that ICQ did not seem to take this woman from the Telephone and Telegraph Group. Doorman to get it!

  Irene and Bates looked at each other, one was a new Internet queen, and the other was a telecom queen from an established telecom empire. Neither of them avoided the other at all.

Seeing the confrontation between the two queens in front of them, Paulson, Edison, An Ran, RICK and the others watched with relish. Song Yang couldn't help but caress his forehead. The real merger is completed, and I don't know how many moths have appeared.

"President Bates, what do you mean?" Irene said in a cold voice. If it wasn't for the concern that the other party was the president of the Telephone and Telegraph Group and the second largest shareholder of America Telecom, I would have to deal with it in the future. At this time, Irene would have long been After the fight, ICQ merged with America Telecom, she will not let anyone stop the acquisition.

  Irene is full of momentum now, but she has no influence on Bates. She has never seen anyone, not to mention the woman who fought with Fiorina for so many years.

That woman, Fiorina, was much deeper than Irene. She failed to become the president of the Telephone and Telegraph Group, so Fiorina pushed it forward. When Lucent was split from the Telephone and Telegraph Group, Bates and Fei Orina is a real nemesis.

   Looking at Erin, Bates felt that Erin was the next Fiorina, maybe even stronger than Fiorina!

   "ICQ is not a telecommunications company, nor does it have any technical and management personnel in the telecommunications industry. I am skeptical about whether ICQ will be able to manage Telecom America after acquiring Telecom America!"

  Bates also said unceremoniously, pointing directly at Irene, doubting whether she could control America Telecom and lead America Telecom against rivals such as WorldCom.

Song Yang could see that Bates was not real. He wanted to mess up the merger, but to declare the rights of the Telephone and Telegraph Group. Then, without notifying her to Song Yang, he directly let America Telecom and ICQ merge. Some of them are brooding and deliberately add to the block. Of course, by the way, they are competing for more revenue for the Telephone and Telegraph Group.

   "ICQ has 100 million users, no need to worry about President Bates!"

   Hearing Bates' questioning, Irene immediately replied back, ICQ can have 100 million users, but can't control the millions of users of America Telecom? !

Listening to the arguing between Irene and Bates in the conference room, Paulson, Edison, and others were a little stunned. They had long known that professional female managers in America are not easy to mess with, and professional female managers from Wall Street and Hollywood before. People, it has been verified, and now the female professional managers in Silicon Valley are obviously not easy to mess with. Even if they are replaced by them, they may not be able to win the two of them.

   "The telecommunications industry and the Internet are two completely different industries. They face completely different user groups. If you can manage Internet companies, you may not be able to manage telecommunications users!"

   "It's uncertain whether ICQ can manage the telecommunications industry, but some companies should look after themselves first, so as not to be replaced or split again!"

   In the face of Bates’ repeated attacks, Irene finally couldn’t help revealing her shortcomings and warned Bates not to be split again one day.

  Bates' eyes began to sharpen, and she looked up and down at Irene. She just wanted to add some block to ICQ, but Irene touched the inverse scale of the Telephone and Telegraph Group.

   There was a knock on the table in the conference room, interrupting the dispute between Erin and Bates.

   "President Bates, after the merger of America Telecom and ICQ, America Telecom will still retain the brand and operate independently!

   In addition, if there is an irreversible situation in the future, the merger between ICQ and America Telecom can no longer be maintained, then the America Telecom brand still has the right to be separated out independently! "

   Hearing Song Yang's words, Irene was hesitant to say anything, but she didn't speak, Bates was a little hesitant, Paulson, Edison, and other old Jianghu frowned.

   Song Yang's remarks seemed to appease Bates, but all the elites present smelled an unusual smell.

What is irreversible, the merger can't be sustained any longer, it's just that life can't go on, and then it will break up in one shot. At that time, America Telecom will "redemption" for itself, pay a sum of money to the ICQ board of directors, pat on the buttocks and leave. It is equivalent to Song Yang leaving a back door for this merger.

   This kind of thing is not uncommon in America. After the merger, life can't go on. It is natural to find each other's mother, and the acquired party finds a group of gold owners to redeem themselves.

But from what Song Yang said today, it makes people feel a bit meaningful. Song Yang proposed such a condition that after the merger, America Telecom will be operated independently. Someday it will not survive, and it can be split out again. No matter how hard Tess bites, he can't justify it.

After   Bates relented, the biggest obstacle to the merger basically disappeared, and the rest was the conditions.

Iger, who has always acted as a transparent person, finally said at this time, "America Telecom is willing to complete the merger with ICQ at a valuation of 60 billion US dollars, in exchange for 1:1 equity, but ICQ has to bear all the debts of American Telecom. And pay no less than $5 billion in cash!"

   Hearing this price, there was a sigh of relief in the conference room. ICQ's market value is now ridiculously high, but it is also worth about 60 billion US dollars. This is because the stock price has risen sharply in the past few days.

But America Telecom, this really dares to make an offer. MFS Telecom was acquired last year, but it was more than 10 billion dollars. Now WorldCom is preparing to kill MCI. It is rumored that British Telecom made an offer for MCI, but it is 19 billion dollars. WorldCom Now the price is being raised, and it is rumored that it has exceeded more than 30 billion US dollars.

But compared with America Telecom, MCI seems to be a little cheaper. Paulson looked at Song Yang and felt that Song Yang's attack was really bad. Also outrageous!

   "Song!"

   Paulson couldn't help at first, "Goldman Sachs agreed to support ICQ's acquisition of American Telecom, but..."

Paulson can't go any further. Wall Street has never seen something so outrageous. Song Yang really treats Wall Street as a leek, and he is not so cruel to cut leek. "The valuation of American Telecom is too high. The Nasdaq Commission and the Federal Securities Commission will not approve this merger either!"

"President Paulson, Inter-American Telecom is the fastest growing company in the telecommunications industry. Broadband users are exploding every year. In two years, Inter-American Telecom will have more than 5 million broadband users, and in three years, Inter-American Telecom will have more than 10 million in the world. Users, Inter-American Telecom is also the largest mobile network provider in America, and has more than 400 mobile phone retail stores.

   It was James Crowe who was dissatisfied with Paulson's disparagement of Inter-American Telecom and wanted to tell him about the potential of Inter-American Telecom, and the future was a money printing machine.

   "Forty billion dollars!"

   Paulson ignored Song Yang's quotation and said that at a valuation of $40 billion, American Telecom and ICQ could complete the merger. Although it was dazzling, it could still fool the past.

   "Five billion dollars!"

"President Paulson," Song Yang said a merger valuation, before Paulson objected, Song Yang looked around the conference room for a week, "if I tell President Paulson, and everyone here, that this merger will not Not the end, but just the beginning?!

   Maybe in another month, no more than two months at most, will ICQ launch a new round of super mergers and acquisitions in the TV and media industry? ! "

  The conference room was silent for a long time, and Bates and everyone in the conference room didn't respond. Although Song Yang was speaking in a hypothetical tone, they were not fools, so how could they not hear the overtones.

   "Goldman Sachs is willing to support ICQ's acquisition of America Telecom for $50 billion!"

   (end of this chapter)