Back To 1995

   Chapter 661 Double Reed

Don't look at the major companies in America, they all seem to have deep pockets, and they will spend tens of billions of dollars to acquire them at every turn, but they are all fake, basically they are exchanged or acquired with stock, let alone 10 billion. When the cash of the US dollar comes out, even billions of US dollars are enough.

Only after experiencing the bursting of the Internet bubble and the beating of subprime mortgages in real estate, the giants in America began to learn to behave well, and began to understand the saying in Asia, don’t panic when you have food in your hands, and reserve cash on a large scale , became popular, and Apple alone has hoarded more than $200 billion in cash.

  Now the giants in America, especially the tech giants, are still too young to hoard so much cash. Instead, they ridicule banks, chemical and agricultural groups in traditional industries, and do not understand the rules of modern games.

   If Microsoft were to piece together the left and right sides, it would probably be able to generate 10 billion US dollars in cash, but the 10 billion US dollars used to acquire Netscape is purely overthinking.

   If Microsoft really took out ten billion dollars in cash, it would still be stubborn today, and Netscape, which does not eat the food that comes from the sky, would be rushing to sell it immediately.

   Not to mention Netscape, Song Yang is willing to sell ICQ to Microsoft, it is 10 billion US dollars in cash, Song Yang has to cash out how many times before he can cash out.

As for the sale of ICQ, Song Yang did not quit the social networking industry. He could also create a lot of social networking sites such as Skype, MySpace, Facebook, Twitter, LinkedIn, INS, Flash after reading, Line, etc. The ability to Microsoft, just one by one acquisition...

  Song Yang shook his head and looked at the people on the left and right. He didn't go to the conference room today, but in the villa in San Jose. At this time, in the ICQ office building, he would be a little more sensitive.

Looking at Irene, Iger, as well as several ICQs, CFOs, operations, marketing presidents, and HR presidents of Telecom America who were present today, Song Yang said, "Everyone must be aware that I am here today. reason."

   "I hope that before the end of this year, ICQ and America Telecom can complete the merger!"

Before coming, several executives from ICQ and America Telecom, who had already heard the news, had already heard some rumors from Irene and Iger. They were not surprised by the news, but they heard Song Yang say it personally, The expressions of several people changed slightly.

ICQ people are naturally excited, and their eyes become hot. ICQ is a listed company, and America Telecom has not yet been listed. Naturally, ICQ acquired America Telecom. Besides, now is the frenzy period of the Internet. America Telecom belongs to the telecommunications concept stock. , but there is no leader in the Internet concept stocks ICQ popular!

ICQ's chief financial officer and president of operations all looked at each other, and they couldn't hide their excitement. One day ago, they were preparing for ICQ's acquisition of Netscape, but now, who cares about Netscape? It's only worth a few dollars, and when it merged with America Telecom, ICQ was transformed and instantly became a giant candidate with a market value of hundreds of billions of dollars!

   Internet social giants, plus emerging telecom leaders, just thinking about it, it makes people imagine, this is much more exciting than the acquisition of Netscape.

Compared with the ecstasy on ICQ's side, America Telecom was a little more hesitant. Iger's expression was normal. Song Yang had already discussed this matter with him, and with Iger's current identity, even if they merged. , it will not threaten his status, at most nominally, there have been some changes in his status.

   However, several executives from Telecom America were a little hesitant. They had to consider who would have the final say after the merger, and whether their positions, salaries, equity awards, etc. would change.

After the merger, ICQ can indeed become a giant. You don't have to think about it. Now, ICQ's executives, from top to bottom, are estimated to have skyrocketed in value. After all, they all hold ICQ shares. Once merged, The ICQ stock in their hands is even more valuable.

   But it is hard to say how much benefits America Telecom can get. Suddenly there are a lot of mothers and mothers on their heads, and their positions and salaries are still affected. Naturally, they are a little suspicious.

   After all, even if there is no merger, with the current popularity of Telecom Americas, it is not difficult to get listed. If Telecom Americas goes public, the market value may not be lower than the current ICQ!

Gleek and Marcus calmly watched the reactions of the people on both sides of America Telecom and ICQ. They were now Song Yang's absolute confidants. Gleick was in charge of the legal departments of the companies in Song Yang's hands. In the case of the elephant party, it is the role of the party whip, cleaning up some thorns for Song Yang.

  Marcus manages the money bag for Song Yang. This is the most important place. As long as these two key places are Song Yang's people, there will be basically no trouble.

   The principle of not worrying about widowhood but not equality, Song Yang naturally understands that if one side suffers from the merger, it will definitely not be sustainable.

   "The merger of America Telecom and ICQ is beneficial to both parties. The merger of the two sides is mainly based on equity exchange. After the resolution of the American Telecom and ICQ board of directors is passed, the merger can be launched!

  ICQ will issue an additional batch of equity for the executives and staff of America Telecom. "

We still need to save face. America Telecom still has the second largest shareholder of Telephone and Telegraph Group, as well as Enron and other small shareholders. Song Yang, the major shareholder, can decide the merger, but we still need to inform those small shareholders. a bit…

Hearing that they were going to issue additional equity for the executives of America Telecom, several executives of America Telecom were relieved for a while, and they could compensate them by replacing the equity of Central America Telecom with the equity of ICQ, and then cashing out. , it seems not bad, anyway, as long as the knife is enough, who's leek is cut.

"After the merger is completed, ICQ and America Telecom will merge in business, including jointly operating brands, advertising, etc., but the main business will remain independent operations, ICQ's social networking, America Telecom's broadband and mobile network business , will be operated and managed by the original team, as for President Iger..."

   "Will serve as global vice president of ICQ for the combined Americas Telecom, ICQ will not send executives above the manager level to Americas Telecom!"

Irene looked in Iger's direction and said, to put it bluntly, after the merger, the two sides still lived their own lives, but they became one family in name, and the boards of directors on both sides merged into one family, but how should the life of the two sides live? Pass.

   There is a cooperative business, both sides are engaged together, the brand is shared by one, the revenue of both sides is put together, and the data is glamorous, and it is enough to look like a giant.

   Hearing this, all the executives of America Telecom were relieved, and began to smile on their faces.

   "I have no opinion!" Iger also said at this time, still with a gentle appearance, as if he had no interest in competing for the position of ICQ president of America Telecom, and Irene was relieved.

   has settled the most controversial part. The interests of the executives on both sides will not be damaged. On the contrary, after the merger, they may make a lot of money. Naturally, they will no longer object. The rest is the details of the merger.

   "The merger of ICQ and America Telecom may be just the beginning. Maybe there will be more mergers in the future. As long as you hold the shares of ICQ and America Telecom, you may be able to make more profits!"

  Song Yang put a little wind in front of these "own people" and hinted that the executives of ICQ and America Telecom will cooperate well to finish the scene, and they will benefit in the future.

The executives of ICQ and America Telecom all had strange expressions on their faces at this time. They were all old guns in the workplace. How could they not understand the meaning of Song Yang's words? It seems that the merger of ICQ and America Telecom is just an appetizer. I almost told them clearly, hold the stock in your hand, don't take it lightly, how can they still not understand!

   At this time, even the executives of America Telecom were looking forward to it. They didn't know what ICQ could play.

   Before leaving the villa, Irene asked Song Yang, "Will ICQ continue to make an offer to Netscape?!"

   "Of course," Song Yang said, sitting upright, "Netscape deserves his own worth!"

Hearing this, the executives of ICQ and America Telecom all burst into laughter. At this time, they still don't know where ICQ is offering Netscape. They are deliberately raising the bar, and they want to buy Netscape. the giant.

Irene and Iger left the stage with a group of horses on both sides, and determined that the two would be merged. Basically, it would start around Christmas. Now they have to prepare. Think about the market value and valuation of the two. , the merger of companies with more than 40 to 50 billion US dollars, how many things need to be prepared, they must be prepared in advance.

Song Yang, Marcus, and Gleek were left. Marcus held the internal documents of ICQ and America Telecom, including various data such as financial status and revenue. After a long time, Marcus raised his head. He frowned and said, "After the merger is completed, the debt situation of ICQ and America Telecom may not be good, and the revenue may not be able to meet expectations..."

  ICQ has become a paper tiger after splitting the Xue Leshan game business. It seems to be arrogant, but its revenue has never been able to keep up. Now it mainly relies on advertising and some other businesses to support it.

The same is true for America Telecom. Telecom is a heavy asset investment. Those lines, base stations, signal towers, submarine optical cables, broadband equipment, and purchased retail stores are all bought with real money. America Telecom basically relies on banks. If you want to repay the loan, you have to wait for several years or even a dozen years. It is not something that can be done overnight.

  Marcus felt that both ICQ and America Telecom were dancing on the edge. Once the market was not good, the performance of ICQ and America Telecom would change greatly, and then the shocking losses would burst!

   "As long as the merger can be completed, the rest... is for the future!"

  Song Yang said with a sigh, a dead Taoist friend is not a poor Taoist. Anyway, when the merger is completed, Song Yang will be ready to transfer the equity to General Electric, Wall Street and overseas investment institutions. Those broken things will not turn Song Yang's headache.

   With ICQ and Microsoft's offer, the competition for Netscape became more and more fierce. Jim Clark had to refuse. Although he knew that Netscape would not sell anyone to Microsoft, he was angry, but it still made Microsoft lose face.

   "In the history of America, how could a company less than five years old be worth four billion dollars?!"

After    was rejected, Microsoft no longer held back. When Bill Gates faced the Seattle media, he unabashedly began to complain, whoever bought Netscape would be taken advantage of.

   Then, ICQ started the second quotation, and proposed a purchase price of four billion dollars to the Netscape board of directors!

   (end of this chapter)