Back To 1995

  Chapter 687 Cover

  Case finally felt disgusted with ICQ at this moment. He felt that ICQ and America Telecom were specifically here to beat him. Every critical moment, they would block him. Of course, even with Song Yang, he didn't like it much.

   "The negotiation with Time Warner..." Lyonsis asked Keyes helplessly. He felt that Time Warner's asking price was too high.

  If AOL really buys Time Warner at a price of hundreds of billions of dollars, plus Time Warner's debt, even if AOL bites this hard bone, then AOL will get huge debts every year, and it will be overwhelming.

   "Keep talking!"

After holding back for a long time, Case finally gritted his teeth and said that he has no way out now. Except for the acquisition of Time Warner, Case couldn't think of any other opportunities that would allow AOL to surpass ICQ. ICQ merged with Perfect Continent Telecom, and the market value will definitely exceed 100 billion US dollars. Knife, more than the market value of AOL.

   After so many years, Case doesn't want to be suppressed anymore, and he doesn't want to hear Bill Gates' mockery of AOL anymore!

   Seeing Case's attitude, Lyonsis and other AOL executives had no choice but to continue wrangling with Time Warner and accept Time Warner's sky-high asking price.

  AOL is not the last to be affected by ICQ's merger with Telecom Americas, the telecom industry is more affected.

   "This is an amazing acquisition..."

  The MCI Telecom headquarters in Ashburn, Virginia, when the news of America Telecom being acquired by ICQ for $50 billion came, the MCI board of directors almost didn't laugh.

At the negotiating table, Daniel Akerson, president of MCI Telecom, was facing a large group of people from WorldCom, including WorldCom President Bernard Ebbs, Chief Financial Officer Scott and just joined WorldCom last year, but have now Sitch Moore, the upstart of WorldCom.

   Sitchmore joined WorldCom last year after WorldCom acquired MFS as general technical advisor. Just one Christmas later, Sitchmore was promoted to vice president by Bernard Ebbs as his right-hand man.

This is the style of the telecommunications emperor Bernard Ebbes. As long as he is favored, he will rise to the top in the telecommunications industry and become a senior executive of WorldCom all the way. Those who are not treated by Bernard Ebbes will be like James. Like Crow, he was directly ignored, and he had no place in WorldCom at all.

   This time, Bernard Ebbs, Scott, Sitchmore and the others came to Virginia to discuss the acquisition with MCI Telecom.

However, the process was not very smooth. WorldCom was halfway through, and used a high price to stir up the acquisition of MCI Telecom by British Telecom, but it is not so easy to obtain MCI, especially the sudden acquisition of ICQ. It makes this merger full of suspense.

   For Daniel Akerson's words, Bernard Ebbs didn't care, he was still calm, and he was in a position of inevitable victory.

"President Daniel, as I said, WorldCom is willing to buy MCI and give MCI enough value. For this reason, WorldCom has raised the purchase price by nine billion dollars!" Bernard Ebbs said to Daniel Akerson reminded.

WorldCom is indeed more sincere than British Telecom. British Telecom is only willing to offer 19 billion US dollars for MCI, but once WorldCom came up, it raised 9 billion US dollars, and the purchase price reached 28 billion US dollars, with nearly 30 billion US dollars. The price of the acquisition of MCI, which has almost doubled the premium!

  If there is no news of America Telecom, then the MCI board of directors will probably have compromised, but..., this is not the jewel of America Telecom, who doesn't want to sell a few more crooked melons and dates.

   With a cough, MCI's Vice President Shamro said, "MCI is very grateful for WorldCom's kindness, but some changes have taken place in the telecommunications industry, MCI deserves a higher offer!"

After all, MCI is also the second largest telecommunications company in America, second only to the Telephone and Telegraph Group, and the second largest long-distance telephone company in America. More than fifty kinds of services are provided.

  MCI is not worse than America Telecom at all, and even more profitable than America Telecom. America Telecom is worth $50 billion, isn't MCI worth it? !

   Hearing the price that was finally negotiated, MCI directly ruined the price. Scott couldn't help but say, "President Shamro, don't forget who provided the price for MCI!"

   Annoyed Scott was MCI's renegade. If it weren't for WorldCom's offer, MCI would have sold itself to British Telecom for 19 billion dollars at this time.

Shamro made a helpless expression. At this time, he didn't care about his face. When he was indecisive, let alone that he had not signed the acquisition contract, even if he signed it, they could all go back on it. The price difference of knives, how can the MCI board not care.

   "Business is business, President Bernard, you should understand!" MCI President Daniel Akerson said apologetically to Bernard Ebbs, but his attitude was very firm.

  Bernard stopped Scott, who was still trying to reason, he knew that it was useless to talk about it at this time.

"How much price does MCI want!" Bernard Ebbes asked in a deep voice. WorldCom is bound to win MCI. This is the only way for WorldCom to become the world's largest telecom empire. No matter how difficult it is, He couldn't give up.

  Daniel Akerson didn't expect that Bernard's attitude was so firm that he could hold back in the face of MCI's rising price, and chatted with the executives of Shamrow in a low voice for a while.

  Daniel Akerson finally called out a negotiated price, "$45 billion!"

   "MCI Telecom agreed to sell to WorldCom for $45 billion!"

Hearing this price, Scott almost couldn't help standing up and scolding his mother directly. From 28 billion dollars, he raised the price directly to 450, and directly added 17 billion dollars. That is a special sword, and it is not the coin of the Qingming Festival in Asia. , even if it is a coin, it is estimated that it is not so outrageous.

Sitchmore's eyelids jumped when he heard it, and he couldn't help but leaned into Bernard Ebbs' ear and whispered, "This price is really too high. If the MCI telecom business cannot be integrated after the acquisition, this deal will The acquisition will have no effect on WorldCom!"

Including Scott and other executives, they all retreated at this time. The price is too high. You must know that WorldCom is not a fake like ICQ, only buying half of MCI's equity, but a full acquisition Yes, the money you pay is much higher than ICQ.

   Bernard Ebbs also knew that Hitchmore, Scott and the others were right to worry, and after frowning for a while, he still looked at Daniel Akerson and the others.

   "Daniel, the purchase price of $45 billion is impossible, WorldCom can't pay $45 billion for MCI, you and I both know it!"

"My last offer was $40 billion, and WorldCom will acquire MCI wholly in exchange for stock!" Bernard Ebbs said aggressively, and without waiting for Daniel Akerson's answer, he prepared directly Get up and leave.

   When Bernard Ebbs was about to reach the door, Daniel Akerson finally hurriedly said, "Deal!"

  Bernard Ebbs looked at another prey he had conquered with a look of contempt, nodded lightly, left a sentence, "Welcome to WorldCom", and left directly.

   A grand banquet is being held in San Jose, the villa used for the celebration is brightly lit, and countless celebrities and media gather in the villa.

  Irene is the absolute protagonist, and countless people surround her, celebrating her as one of the most powerful women in the American workplace and even in all of America.

Time magazine sent an editor and rushed to San Jose, just to make an exclusive interview with Erin. Tomorrow's "Time Magazine" cover will be Erin's photo, and it can only be her, as the world's first in charge The female head of a company with a market value of hundreds of billions of dollars, she deserves such an honor.

In addition to Time Magazine, there are also the Wall Street Journal, The New York Times, Vanity Fair, Fortune, Forbes, People and other media all gathered here. Tomorrow, all kinds of women's newspapers, magazines, media, etc. will all be Erin figure.

  Song Yang was in an attic of the villa, glanced at the noise on the lawn of the villa, retracted his gaze, and had a drink with two people who came from afar.

   (end of this chapter)