Back To 1995

   Chapter 685 The Truth

  Paulson was the first to speak, "Goldman Sachs can invest 30 million new shares in ICQ and underwrite bonds worth 1.5 billion dollars!"

  As the most powerful figure on Wall Street, Paulson made a big deal as soon as he made a move. Bates and others didn't know what to say at this time.

On both sides, there is an asking price that dares to open up, and the other is really willing to give. ICQ's stock price has already exceeded 200 US dollars. It must not be sold to Goldman Sachs at this price. According to the stock price on the day of the announcement, it is also around 170 US dollars. 30 million new ICQ shares, Goldman Sachs needs to spend five billion dollars to buy!

   Coupled with the underwriting of ICQ bonds of US$1.5 billion, which is a one-off, Goldman Sachs invested US$6.5 billion to bet ICQ can make a lot of money.

In order to merge America Telecom this time, ICQ will issue a total of 12 billion US dollars of new shares, accounting for almost 15% of the entire ICQ equity. The ICQ equity that has been acquired before, the ICQ equity in Goldman Sachs' hands is definitely more than 13%, and may even be higher!

  Song Yang glanced at Paulson, which was also a bit beyond Song Yang's expectations. He did not expect that Paulson would dare to make such an offer. Song Yang always felt that Paulson seemed to know something.

   "Deutsche Bank subscribes for 20 million new ICQ shares and 1 billion bonds!"

Seeing Paulson frantically buying shares in ICQ, Edison is not to be outdone, he has more money than Deutsche Bank, what is Deutsche Bank afraid of? Edison doesn't know which company ICQ is going to merge, but he knows, Paul Sen will never do business at a loss.

  I thought that ICQ issued 70 million new shares and it was not easy to sell, but Goldman Sachs and Deutsche Bank almost wrapped up these new shares.

   "Merrill Lynch is willing to subscribe for 8 million new ICQ shares..."

   "Enron is willing to subscribe!"

After Deutsche Bank and Goldman Sachs, Merrill Lynch and other Wall Street institutions did not care so much, and began to directly grab the remaining 20 million new ICQ shares. Yes, the Telephone and Telegraph Group even took 5 million new ICQ shares.

   Even those who invested money no longer objected. ICQ and America Telecom had to merge, and naturally no one would object.

According to the valuation of America Telecom of US$50 billion, in a 1:1 equity exchange, ICQ needs to obtain the equity of America Telecom, at least 51% of the equity of America Telecom, that is, it has to invest US$25.5 billion. Just do it.

   In fact, we have to bear the debt of America Telecom. ICQ’s investment this time is far more than that!

  The price is no problem, the rest are the accountants, finance and Wall Street personnel on both sides, and the equity distribution after the merger is agreed.

   After the completion of this merger, Goldman Sachs, Deutsche Bank, and Telephone and Telegraph Group will all become one of ICQ's major shareholders holding more than 10% of the shares. It is a sure thing to enter ICQ's board of directors.

   And the shares of ICQ in the hands of Irene, Wesley, Greck, Enron President Kenneth, etc. have all begun to shrink significantly, from 5% to about 3%, but they are more valuable!

Song Yang's ICQ equity has also shrunk by a part, but the impact is not great. It has shrunk from 40% to more than 35%. A few or so cash, and more than a part of the equity.

But even so, Song Yang is still the first major shareholder of ICQ. If the shareholding shrinks again, it is estimated that it will wait until the merger of Comcast TV Network and NBC Group. At that time, Song Yang's shareholding will shrink significantly again. , but at that time, Song Yang basically started to transfer equity before the merger. Whoever wants to be the major shareholder of ICQ will be the one...

   "Song, can I know, who is ICQ's next merger target?!"

   The conference room was full of hustle and bustle. For such a big merger of tens of billions of dollars, the legal affairs and the accountants did not even think about completing it within a few hours. Erin and Iger were also burying their heads in signing various documents.

   But for Song Yang, Addison, Paulson, Bates, they are basically finished today.

   The person who spoke was Addison. The two stood by the window of the conference room. Addison asked Song Yang in a low voice.

Song Yang hesitated for a while, and after seeing Edison's gaze, and after passing over Paulson, Song Yang suddenly realized that Edison thought that Song Yang and Paulson had secretly passed the news. , without notifying Deutsche Bank, which made Edison a little dissatisfied.

   "Contacting, if nothing else, NBC Group and Comcast!"

Song Yang also whispered, and mysteriously whispered some news in Edison's ear. Hearing this news, Edison was also surprised, but he quickly figured out the cause and effect. Involved in the competition for the head of General Electric, Edison felt that he knew the truth about why Paulson was so actively involved in the merger.

Otherwise, self-improvement is the most deadly. Song Yang said a word, and Edison has already made up a palace fight, involving the competition for the head of General Electric and Comcast's succession drama. and many more.

   "Song, I always thought we were the best collaborators, and Deutsche Bank has always been supporting you!" Edison said to Song Yang dissatisfiedly, with a bit of dissatisfaction in his eyes.

  Song Yang hurriedly denied, "President Addison, I have never mentioned these words to anyone on Wall Street. Paulson must have inquired about some information from some channels!"

Song Yang was fooling Addison and Paulson, what was the situation, whether he knew it or not, Song Yang actually didn't know, whether Paulson knew, Song Yang didn't know either, so he could only fool With Addison.

   "President Edison, I have always hoped to cooperate with Deutsche Bank. In the future, when PayPal payment, eBay and Alcatel mobile phones are listed, I also hope to cooperate with Deutsche Bank!"

   Hearing Song Yang's words, Edison finally felt comfortable. Song Yang still had a lot of good things in his hands, and even Deutsche Bank was a little jealous.

   Seeing Paulson walking towards this side, Edison and Song Yang whispered a few words before getting up and leaving.

   Paulson, who was holding two glasses of wine, brushed shoulders with Addison, and saw Addison with a look that he already knew the whole truth, and gave Paulson a slightly provocative glance.

   This made Paulson a little baffled, and he didn’t know where he had offended this Wall Street fanatic.

   Handed a glass of wine to Song Yang, Paulson asked Song Yang in confusion, "What happened to that German servant army?!"

   Edison did not like Paulson, and Paulson was dissatisfied with Addison, the general manager of an investment bank outside Wall Street. Naturally, there were no good words in his words.

   Talking to people and talking to ghosts, this is the skill Song Yang learned to face these old Wall Street guns.

   Encountering Paulson, Song Yang changed his expression of helplessness and coercion, "Addison wants Deutsche Bank to underwrite the stock issuance when PayPal and eBay are listed..."

   "Shit, Deutsche Bank is getting more and more greedy now!" Paulson said in a gloomy tone, looking at Edison with a very unkind look.

   turned his head and faced Song Yang, Paulson put on a warm look again, and said to Song Yang like a spring breeze, "Song, don't worry, Goldman Sachs and the entire Wall Street will support you!"

   For this, Song Yang seemed to be quite convinced and nodded, but he didn't believe a word in his heart. If he believed Paulson's nonsense, he was afraid that the bones and scum would be eaten clean.

"Song, Goldman Sachs has reached an agreement with the Federal Securities Commission, and can help overseas Internet technology companies list in America, including Asian Internet technology companies!" Paulson smiled and said to Song Yang, he knew that Song Yang was overseas. , but the VC has invested in a lot of companies.

   Song Yang exclaimed in "surprise", "This is the second good news I've heard this year. Damn, the beautiful knives I threw out have finally paid off!"

With the help of Goldman Sachs, Song Yang plans to package Yeadex, Sohu, Yinghaiwei, 8848 and other companies that he has invested in, and send them to Nasdaq. Song Yang has invested a lot of money in these companies. Dao, let’s not talk about returning to capital, after listing, these companies can burn leeks to grow, and Song Yang doesn’t need to fill the holes.

   Paulson burst out laughing, and had a cup of tea with Song Yang. At this time, the merger agreement began to be sorted out, and Song Yang also began to sign the final agreement.

   "The combined ICQ is a very large and fragile ship. I don't think that everyone should like this ship. No one knows how long it can sail!"

   Appeared on TV was an interview clip of Buffett. Mundell, the founder of Wall Street Telecom, personally interviewed him Buffett and asked Buffett whether he would invest in ICQ. Buffett's answer.

  Laoba has always disliked technology stocks in these years. Whether it is Internet or electronic stocks, he follows his famous words and does not touch stocks that he cannot understand.

"This is an interview with Buffett by Wall Street Telegraph. I agree with Buffett's point of view. I can't force everyone to agree with one thing. I think the ICQ ship will sink sooner or later. ICQ is very good now, but I am not optimistic about this time. merge!"

Mondale, who was scolded by Irene, was invited to participate in a program on New York TV. As a candidate for the Nobel Prize, he was questioned as a "clown", and the mud Buddha still has three points of fire. What happened to Mondale? Can have no temper.

   After being invited to the TV station, he turned on the fire, began to output ICQ and American Telecom, and also moved out an interview with Buffett, vowing to prove that what he said was right.

   "But," the host said, looking at Mondale, "Bruno Song just relied on the Internet this year to surpass Buffett and become the second richest man in America!"

Mondale was at a loss for words. To say that the Internet is wrong, Song Yang surpassed Buffett in terms of Internet worth. Can't it explain the result? Song Yang, who is the second most valuable in America, is not as convincing as Buffett, who is ranked fourth. ?

At this time, the director's voice came from the host's headset, and the host immediately said to the camera, "According to the latest news from San Jose, ICQ and Telecom America have reached the largest merger and acquisition agreement in the history of global telecommunications. Telecom America is valued at $50 billion. M&A completed by ICQ!”

The TV screen, before being broadcast to ICQ's press conference at the San Jose Convention Center, gave Mondale a close-up of his expression. At this time, Mondale was full of consternation, as if he couldn't believe the news he heard, and seemed more like a The ignorant "clown".

   (end of this chapter)