Back To 1995

   "ICQ will issue 20 million new shares at a price of $375 per share, and $2.5 billion worth of bonds!

  This US knife will be used to acquire NBC Group and Comcast Television Network, and repay part of the debt and use it for the future development of ICQ! "

  Marcus said to the crowd in the conference room that the total amount of this merger and acquisition reached an astonishing $82 billion. How could ICQ come up with so many dollars?

  The acquisition of the NBC Group is basically an equity swap. On the General Electric side, it also needs to compensate the ICQ board of directors for a sum of cash.

   For the Comcast TV network, it also needs to pay a large sum of US dollars to the Comcast Group. It is impossible to give the Comcast Group so much equity, and it can only be acquired with part of the cash.

The most important thing is not how many new shares ICQ issues, but the price of the new shares. Now ICQ's share price is less than $260, and the price of the new shares issued has reached $375, which is almost double the price. Doubled, which means that the market value of the entire ICQ has almost doubled, and the overall market value will reach an astonishing $289 billion!

This is like a stone, whether it is worth anything depends on the person who buys it, whether they are willing to spend money, when no one is willing to bid for it, it is worthless, and when someone pays $10,000 for it At that time, it was worth ten thousand dollars, whether it was a piece of scrap or not...

The same is true for ICQ. When Goldman Sachs, Deutsche Bank, Telephone and Telegraph Group, and General Electric are willing to subscribe for ICQ shares at a price of $375, it represents its market value and has climbed to the top ten groups in America. column!

In the conference room, Paulson, Edison, and the others looked at each other. The market value of 289 billion US dollars, nearly 300 billion US dollars, made people dizzy just listening to it. The market value of a number of old-fashioned giants such as Telephone and Telegraph Group and Comcast Group dominate the Internet, becoming second only to giants such as Microsoft and General Electric, and keeping pace with giants such as Cisco, Wal-Mart, and Intel!

But think about which companies make up ICQ. In theory, ICQ, which owns industries such as American Telecom, NBC Group, and Comcast Television Network, can achieve annual revenue of $51 billion, which is 20% of the technology industry. With a lot of profit calculation, the profit can reach an astonishing 11 billion US dollars!

No matter how you look at it, after the merger, ICQ will become an uncompromising giant, the light of technology in the Internet industry, a super white horse, it needs users to have users, revenue and revenue, and technology and technology, such as Internet giant, is it worth $300 billion?

   "Goldman Sachs is willing to subscribe!"

   It was Paulson who made the first decision and could become the leader of Wall Street. Paulson never lacked courage. Even at the risk of complete failure and ruin, Paulson dared to make a decision.

The team at Goldman Sachs made some calculations. After this merger was completed, the stake in ICQ held by Goldman Sachs was diluted, but it was even more valuable. When ICQ’s market value was $130 billion, Goldman Sachs’ stake in ICQ was worth 169%. 100 million US dollars, and after the merger is completed, it can reach more than 20 billion US dollars, or even higher!

   That is, overnight, it has risen by billions of dollars!

   Even if it is special, going to rob a bank in America, exhausting the robbers, it is estimated that you will not be able to rob many US dollars in one night, and it will take some time for the money printing machine to print billions of US dollars.

   Moreover, who would dare to say that the limit of ICQ's market value is US$289 billion. No Wall Street analyst could have predicted before today that ICQ would dare to play such a big game and swallow NBC Group and Comcast TV network.

  If the market value of ICQ exceeds US$300 billion, or even more, US$350 billion, how much will the ICQ equity in Goldman Sachs be worth? !

  Paulson is betting that even if he takes ICQ stock at a sky-high price of $375, he will not be in his hands, but will be able to make a fortune!

After    Paulson, Addison and Bates also agreed to take over the stocks in ICQ and Song Yang at a high price.

  Marcus and accountants from Goldman Sachs, Deutsche Bank, General Electric and other companies are struggling to calculate their own equity ownership.

   confirmed with Song Yang several times in a row, and seeing that Song Yang had made up his mind, Marcus finally said, "Director Bruno, willing to give up 11% of ICQ's equity!"

After the completion of the merger, Song Yang's stake in ICQ has also shrunk from 35% to about 30%, giving up 11% of the equity. Song Yang is still the second largest shareholder of ICQ with 19% of the shares.

   According to the valuation of 289 billion US dollars, Song Yang's one-time performance cashed out, exceeding nearly 31 billion US dollars!

   Of course, this cannot be all cash. Even if General Electric, Goldman Sachs, and Deutsche Bank ask them to take out $30 billion in cash at one time, it will cost them their lives.

   In addition to some cash, General Electric and Goldman Sachs need to mortgage their own company's equity, other company equity, bonds, and various fixed assets, including office buildings and real estate.

   It may take a certain amount of time to cash out these gadgets, but compared to Song Yang's cashing out of ICQ's equity, this... is simply too convenient!

As a major shareholder of ICQ, Song Yang will not be able to start cashing out on Nasdaq until the second half of next year, and it is impossible to cash out more than 10% of the equity at one time. No institution can easily eat it. Leeks hear the wind , it is estimated that it has already run away.

In contrast, transferring equity to Goldman Sachs, Deutsche Bank, General Electric, Telephone and Telegraph Group, etc., may be less profitable than cashing out on Nasdaq. In hand, it is definitely more cost-effective!

   Hearing that Song Yang took out 11% of the equity in one go, Immelt couldn't help pursing his lips, and Paulson and the others all looked at Song Yang with piercing eyes.

Faced with this piece of fat, there is no need for Song Yang to say more, and it will be robbed by General Electric, Goldman Sachs, Deutsche Bank, etc., and will not let this equity circulate to the outside, other Wall Street institutions, overseas funds. will get it.

   "I am also willing to transfer 1% of the equity!"

  Song Yang looked at Wesley, who suddenly made a noise. He didn't expect that at this time, ICQ's technical president would also transfer his equity.

  Wesley didn't know why Song Yang would let him go out as a major shareholder and transfer so many shares of ICQ, but after so many years, he has also concluded a rule, there is absolutely nothing wrong with following Song Yang!

None of those Netscape, Yahoo, Microsoft, CUC International, Telephone and Telegraph Group, etc., who traded with Song Yang and thought they had taken advantage of them, could not fall into the pit. At this time, let Wesley cash out the equity. Is the decision to become a beautiful knife still difficult?

  Bates took the lead and got Wesley's equity, and the entire ICQ's equity has also undergone earth-shaking changes.

  General Electric used the NBC Group, plus a large sum of US knives as a bargaining chip, and acquired part of the equity from Song Yang, completely becoming the largest shareholder of ICQ with 22% of the shares!

Immelt was obviously relieved at the moment when the negotiation was concluded. In a deal, an NBC group was exchanged for a giant company of $289 billion for the board of directors of General Electric. Position, besides him, who is qualified to sit? !

Song Yang became the second largest shareholder of ICQ, holding 19% of the shares, and Comcast Group became the third largest shareholder, holding 17% of the shares. The combined shares of these three companies exceeded 58%, and they have been able to decide. All the fate of ICQ!

For the rest, Goldman Sachs desperately maintained its equity at 9%, becoming the fourth largest shareholder of ICQ, the Telegraph Group got 8% of ICQ's equity, and Deutsche Bank's equity shrunk to 7%. As for Erin, Wesley, Ken The ICQ equity held by Nice and others has shrunk to 1% and 2%. Although the equity has become less, it is more valuable.

   "I propose that President Eileen continue to hold the position of president of ICQ after the merger, and the position of chairman of ICQ can be held by President Immelt!"

   When the equity was divided, Song Yang said that Song Yang had promised Irene that he would let her be the president of ICQ after the merger, and naturally he had to fight for her.

   Hearing that Song Yang had given up even the position of the ICQ board boss in order to let Irene take the position of president, Immelt would naturally not lose Song Yang's face.

   Paulson, Addison, Bates and others have just taken a large amount of equity from Song Yang, and it is even harder to turn their face at this time.

   It was already midnight, and the Bruno Family Club was brightly lit. Wall Street and major Silicon Valley companies were also waiting all night for news from San Jose.

   Outside the club, although it was stopped by Blackwater security, more than 100 media and hundreds of reporters gathered outside the club and waited. Many overseas TV stations and media also came here.

   Before the contract is finalized, the lawyers and accountants of several major companies have to negotiate and formulate the documents before they can sign it, but basically, the negotiation of this big merger is already over.

  Song Yang held up the champagne that had been brought into the office, "Respect everyone, history will always be remembered today!"

   In the lounge outside the conference room, Kalanick, who already knew what happened here today, watched Gallo, Evan Spiegel, and the others, walking around restlessly in the lounge.

  When the room phone rang, Evan Spiegel said to Gallo with a trembling voice after receiving the call, "The conference room needs to send champagne over!"

   Gallo was stunned for a moment, and then he picked up Kalanick who was beside him. Kalanick was also a big guy, but Gallo lifted him abruptly.

   "The Bruno family, the richest man in America was born!" Gallo roared.

   "The latest frontline news from ICNC TV, ICQ, NBC Group and Comcast TV Network have reached an M&A agreement totaling $82 billion!"

   It was originally a boring late-night news period. ICNC TV station, at 4:50 in the middle of the night, suddenly released a depth bomb, blowing the entire American media industry to the sky.