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Chapter 845: cost

   Chapter 845 The Price

  What is the standard of a good transaction, that is, everyone who participates in the transaction thinks that they have made a profit, which is simply a win, okay?

  ICQ's acquisition of the Bronfman Group was such a "good" transaction. After the transaction was completed, everyone was toasting to celebrate the establishment of the empire.

Song Yang seems to be the one who suffers the most, but Marcus has just received a huge US knife from General Electric and is using various means and methods to avoid taxes, not to mention, Song Yang also To receive the "compensation" Immelt gave him was unbearable no matter what.

Immelt had promised Song Yang that after the acquisition of the Bronfman Group was completed, the Bronfman Group would be split, retaining Universal Pictures, Universal Music and other industries, but the Bronfman Group's beverage business, Seagram , to be sold as a "non-performing asset", and the RICK company invested by Song Yang will reluctantly accept this non-performing asset.

   These are all routine operations on Wall Street, no need to make a fuss. After all, ICQ, as a technology company, can get some drinks brands and so on, isn't it a drop in price, even if these drink brands are getting gold every day!

   When Little Edgar Bronfman heard that he was going to sell the Bronfman Group's liquor brand to RICK, he couldn't help but enter Immelt's office in a rage.

   "You can't sell alcohol brands to RICK. Bronfman Group's alcohol brands, Royal Salute, Martell, Chivas, San Miguel are the most popular alcohol..."

   Edgar Bronfman Jr. is not unacceptable that the Bronfman Group's beverage business is sold. After all, the Bronfman Group does not belong to him now, but he is somewhat difficult to accept the sale to RICK.

Although RICK is now working hard to become a luxury, little Edgar is proud from the bottom of his heart. He is a little disdainful of Victoria's Secret, even if Victoria's Secret is very popular, even compared to the Bronfman Group's wine business. Also make money.

But after selling the beverage business to RICK, little Edgar still felt that he was humiliated, not to mention, everyone knows that RICK's largest individual shareholder is Song Yang. The various brands of drinks collected were handed over to Song Yang. Little Edgar felt as if he had swallowed a fly, which made him feel extremely uncomfortable.

   "Little Edgar, these are all part of the transaction. You must understand that if you want Bruno Song to give up his shares in ICQ, you must make concessions when you enter the ICQ board of directors!"

Immelt was patient and persuaded little Edgar. Now that Edgar was an ally of General Electric on the ICQ board, Immelt also counted on him to charge. Degas turned his back.

   "I understand, but why sell to RICK? Pernod Ricard, Diageo, and Budweiser are all willing to spend a lot of money to buy the Bronfman Group's drink brand!"

   Edgar Bronfman Jr. still said unwillingly, threatening to find new buyers for drinks brands such as Royal Salute, and sell them to Pernod Ricard at a high price, not willing to make Song Yang's RICK cheaper.

   "Little Edgar!"

   Immelt's voice became a little more serious, which made Edgar Bronfman Jr. stunned for a moment.

Seeing Edgar Bronfman Jr. stop, Immelt's expression slowed down a bit, "I know you have more ideas, a lot of plans, and you want to prove everything you've done, but Edgar Jr., This requires a process. You are now a director and vice president of ICQ, and you may not have the opportunity to go further in the future. Maybe one day, the name of the Bronfman family will be heard in America and Canada, and the Bronfman family will take you as Glory!"

Immelt drew a big pie for Edgar Bronfman Jr., without saying it directly, but he seemed to put the position of ICQ president looming in front of Jr. Edgar, telling him that one day, Bronfman The family can also run ICQ, a technology empire with a market value of nearly $400 billion.

   "But before that, some concessions are inevitable. Little Edgar, I, and General Electric, absolutely support you!"

Immelt put his hand on little Edgar's shoulder and said to him earnestly, as if he regarded him as an ally. Tell them that you are going to choose one of them to be the head of General Electric, and let them eat dogs, but it is too strong.

  Little Edgar also knows the truth that small things can lead to chaos. The most important thing right now is not the beverage business, but the ICQ board of directors and equity. These are his most important things.

   If at this time, they fall out with Song Yang completely, and Song Yang and the Bronfman family compete for equity, then I am afraid that is the trouble.

   "President Immelt, the Bronfman family, needs more ICQ equity!"

   Hearing Edgar's words, Immelt knew that he would no longer be entangled in the issue of transferring the wine business.

   "Of course, GE also hopes that the Bronfman family can take more responsibility for ICQ and even become the second largest shareholder!"

Immelt hinted to Edgar Bronfman Jr. that no matter what method he uses, as long as he can get the shares of ICQ, Immelt will support it, and even surpass Comcast Group and become the first ICQ company. The second largest shareholder.

Now Song Yang's threat to Immelt no longer exists. Immelt should start to clean up Comcast's side. After cleaning up Comcast, Immelt will be able to completely Take control of ICQ and let ICQ enter the Immelt era!

A huge Boeing plane landed at the airport. The plane did not have the logos of several major airlines in America, but was sprayed with the words "RICK" group, which is a business aircraft belonging to the RICK group. .

The door of the plane opened, and Eric, who was dressed in an elegant suit and leather shoes, walked out of the door. Eric, who has been in the luxury and fashion industry for so many years, has long since lost his sloppy atmosphere. Of course, his clothes are no longer the same. denim style.

   stepped off the plane, there were already vehicles waiting there, Eric looked back and waved to the crew, then got in the car and left.

This RICK-sprayed plane is a second-hand Boeing airliner purchased by RICK Group. It’s not that they can’t afford a new plane, but it’s mainly in stock. If they’re waiting for a new plane, it’s like Song Yang’s private Airbus plane. handover.

In the past, this plane was responsible for the travel of Eric and several senior presidents, chief designers of RICK, etc. In addition, sometimes, it also provided business travel for its Victoria's Secret models. This time Eric took this business plane. The plane was called.

With Eric's current worth, it is enough to buy a private jet of his own. It's just a question of whether it is worth it. The plane is attached to RICK, which is similar to Eric's own, and he can avoid taxes and buy his own private jet. On the other hand, the board is a bit higher than Bigger.

Sitting in the car, Eric flipped through the information he had collected about Seagram, Bronfman's liquor group, and saw the brands of Royal Salute, Chivas, and Martell. He was a little greedy. .

The predecessor of the   RICK Group was the largest nightclub chain in America, almost on the Nasdaq. Drinks are the most important source of income for nightclubs. Eric knows how profitable these brands of drinks are.

Looking at Seagram's performance reports in previous years, Eric knew that if it wasn't for Song Yang, RICK would never have obtained these brands of drinks. This is a company with an annual revenue of more than 2.9 billion US dollars. According to normal circumstances, it is Diageo, Pernod Ricard, and Bacardi, which were going to be robbed by several major beverage groups, are now going to be swallowed by RICK as "non-performing assets".

Think about the great changes RICK has made since getting to know Song Yang. From a nightclub group to the world's largest underwear group, it took the old luxury brand Gucci into its pocket and transformed itself into one of the three largest luxury groups in the world. Swallow Seagram Wines and become one of the top five wine groups in the world.

  If he hadn’t experienced all this personally, Eric probably wouldn’t have believed that RICK would have today. Of course, his worth, along with RICK, has soared by leaps and bounds!

   (end of this chapter)

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