Back to 1995

Chapter 203
This is unavoidable. The construction site is not a good job. There are not many rednecks willing to enter. In addition, Song Yang has strict requirements on the construction period. Oswald Construction Company, which is understaffed, naturally began to recruit Lao Mo and South American. Local people enter the engineering team.

Not only the Oswald Company, but also other American construction companies. In the next ten or eight years, most of those active in the American processing field will become construction companies and personnel in other overseas regions. , come here to earn foreign exchange.

Song Yang looked at the red-necked cowboys who had been following behind him, and knew what they meant. It was obvious that these Texas-born cowboys on the construction site of the American Investment Foundation building encouraged him to come here. Get some benefits.

After thinking for a while, Song Yang turned his head and said to the person in charge of the cowboy, "At the end of the year, the management personnel of this construction site can get an extra year-end bonus as a subsidy!"

Song Yang needs some "insiders", even in name, to let the cowboys in Texas know that Song Yang is on their side, even if it's just a show, the personality and basic board must be consolidated , At a critical moment, it might be of great use. Buying something for zero yuan is nothing compared to hitting Capitol Hill...

Hearing Song Yang's words of "heart to" them, the person in charge of the cowboy's face was overjoyed, and immediately stopped muttering. Most of the management personnel on this construction site are people from Texas and Houston. The subsidies and bonuses are basically It was given to them.

Entering the construction site, Song Yang saw a large row of machinery under construction amidst the roar, and more machinery and vehicles were rushing here.

Looking at the construction site in front of him, after next year, Song Yang will have his own lair in America!

The cell phone rang, and after the connection, Iger's voice came. Even though Iger's voice was suppressed, I could still hear something unusual, "Boss, American Telecom's acquisition of CompuServe has been completed. It’s about to be reached, William Cobb, the president of CompuServe’s parent company Bullock Tax Company, has agreed to the acquisition, with a total acquisition amount of $7000 million!”

The key to the acquisition of CompuServe is still in the hands of Bullock Tax Company. Bullock agrees to the acquisition, which means that the acquisition has been completed.

Song Yang nodded when he heard the purchase price. For CompuServe, this price is considered a big premium, but it is not as outrageous as UUNET.

"After the acquisition is completed, let's make an announcement!" Song Yang explained to Eiger.

After all, the acquisition of CompuServe was for the purpose of selling it. How could it be sold at a good price without making this acquisition known to everyone?

Today is definitely the most special day for the telecommunications industry in America after the promulgation of the new telecommunications law.

When UUNET was acquired at a price of 21 billion US dollars, which caused a sensation in the telecommunications industry, before the NASDAQ closed, there was another explosive news.

The veteran Internet service provider, CompuServe, a 27-year-old Internet service provider, suddenly announced that it was acquired by American Telecom!

When the media reported the acquisition, the entire American Telecom and Internet industry felt a sense of madness.

CompuServe, now has only a few million users. Although it is still barely profitable and claims to have an overseas market, it has long been inferior to AOL. In the dial-up Internet industry, AOL has been far behind. If not for this sudden After the news broke, countless people have begun to forget this company that first provided Internet services.

But how can such a broken company be able to sell for a sky-high price of one billion dollars? !

But sometimes, it's just so outrageous. In this era of Internet mania, no matter how bad it is, as long as you have a connection with the Internet, you can make a lot of money.

Almost as soon as the news came out, not only the stock price of Bullock Tax Corporation, the parent company that sold CompuServe, soared, but even the stock prices of Telephone and Telegraph Group and Enron, which are shareholders of American Telecom, all rose sharply. stunned.

Wall Street institutions such as KKR Group, Goldman Sachs, Deutsche Bank Investment Bank, and Merrill Lynch, which dealt with this acquisition, frantically waved their flags for this acquisition.

"America Telecom, which acquired the telephone and telegraph group, broadband and Internet service business, after acquiring CompuServe, will gain a large number of users and markets again in the fields of Internet information consulting, dial-up Internet access, online services, etc. America Telecom is currently the top in America Three telecom and dial-up Internet service providers!"

In the Goldman Sachs analyst's report, America Telecom's acquisition of CompuServe was a stroke of genius. The aging company, CompuServe, had also become a hot commodity that was scrambled by America Telecom.

Deutsche Bank Investment Bank and Merrill Lynch also boasted about this acquisition, "Currently, the broadband business only accounts for less than 3% of the market share in the American communications industry, and because of the high cost, the speed of laying optical cables and bandwidth is difficult. To meet the needs of all American Internet users, it will be difficult for broadband services to replace dial-up Internet services in the next three to five years.

American Telecom's investment in broadband business is to seize the future, and the acquisition of CompuServe is for the future. Among the nearly 5000 million dial-up Internet users in America, American Telecom will definitely have a place! "

Anyway, let them say all the good things, American Telecom is right, and the acquisition of such a shabby Internet service company as CompuServe has become a just move.

This is the advantage of having the support of Wall Street, you can always find reasons to support it, and when you oppose a company, even if the company makes money, it can be demoted to nothing, as if it will go bankrupt tomorrow!
Within a day, two shocking acquisitions suddenly broke out, and the entire telecommunications industry, which was already restless, began to move around. American Telecom and MFS felt like they had kicked off the prelude to the largest acquisitions in the history of the American industry.

Verizon, who was born in Bell and was originally Bell Atlantic, has rumors that it will merge with another Bell company. There are also rumors that it is also eyeing the largest telephone exchange company in America.

Ralph, the founder of Comcast, officially announced the launch of broadband services, and Comcast will enter the Internet service field. The stock price of Comcast soared that day, which also marked that another telecom giant entered the Internet industry.

Other companies such as SBC, Chartered Communications, and Priest have also accelerated the issuance of bonds and funds, and they are obviously raising money to prepare for a big fight.

America's media industry is not to be outdone. Disney is flirting with ABC Group, Iger's former owner, and Time Warner is even rumored to be preparing to acquire Turner Broadcasting for more than $90 billion.

The new telecommunications bill opened up the American market, allowing Murdoch's News Corporation, a multinational giant, to accelerate its capture of the American market, and once again spent more than 30 billion US dollars to allow the established Fox TV station to acquire New World Communications. The latter has television stations in 22 states in America, and Murdoch wants to build Fox into a television network across America.

The entire telecommunications and media industries have been stimulated by demons to dance wildly because of today's two acquisitions.

However, it was the other two companies that were more irritated, and WorldCom was one of them.

In the WorldCom headquarters building, the people who work here today dare not walk hard, let alone make a sound.

WorldCom lost to MFS, which made Bernard Ebes furious. From the moment the acquisition failed, Ebes called all WorldCom executives into the conference room.

The staff of Worldcom outside had no way of knowing what happened inside, but they could hear Ebes' roar through the thick conference room door, and they could know what was going on inside.

Among the ordinary employees of WorldCom, Ebes has always had a good image, but today's outburst of anger is enough to show how he is feeling at the moment.

"The financial department, do you think that MFS will not give UUNET a price of more than 20 billion US dollars?!"

In the conference room, Ebes stared at the executives responsible for the acquisition of UUNET with an unfriendly expression. Those who were stared at by Ebes all lowered their heads, not daring to look at the angry telecom emperor.

Ebes laughed angrily, hunting geese all the year round, but was pecked by geese twice this year. WorldCom, which started out as a buyer, has always been the only one to grab other people's shares, but this time it was able to be robbed!
"MFS's bid has seriously overestimated UUNET's price of 21 billion U.S. dollars. If you get it, it will be difficult for MFS to digest it!" The executive in charge of the acquisition complained endlessly. Such an outrageous price.

Ebes looked at the person in charge of acquisitions, whom he regarded as his right-hand man in the past, with an unfriendly expression, but now he felt that he could not keep up with Shitong's footsteps at all!

"Whether it can be digested or not, MFS got UUNET and got the future, but WorldCom has no such opportunity at all!" Ebes said angrily.

Seeing that the people in the conference room were about to be sprayed into autism by Ebes, Scott, as Ebes' confidant, had to stand up, "Now is not the time to pursue this matter, but what to do, the acquisition of UUNET failed , has made Wall Street and investors distrust WorldCom."

Ebes took a deep breath, knowing that it would be useless to get angry again at this time, and keeping the stock price was the key.

"James Crowe thinks he's won, and he wants to be the one who decides Amerika Telecom?"

Ebes said with a sneer, and slapped the table hard, "As I said, no one can stop WorldCom, not even MFS. If it buys UUNET, then WorldCom will get UUNET back from it, and it will have to add interest." !"

"WorldCom acquires MFS Corporation!"

Ebes found the next target for WorldCom. Everyone in the conference room of WorldCom stared dumbfounded at the ambitious Ebes, and no one dared to speak out to stop him.

Just like WorldCom, there is also AOL, which has been proud of itself this year.

　EDG is awesome!
Today is Saturday!
　
(End of this chapter)