Back to 1995

Chapter 216
The final price proposed by Song Yang was actually deceitful to AOL, but compared with the price of 13 billion US dollars, it sounded a bit better.

After talking with Leon Sis and the others in a low voice, Case nodded to Song Yang, "Song, AOL hopes that you can fulfill the conditions you promised!"

"I think President Case, don't need to worry about this." After selling CompuServe, Song Yang was also in a good mood.

Regarding Song Yang's words, Keith can still trust him. Since Song Yang came out, although he has done a lot of flirting operations, and is different from the mainstream of Silicon Valley, he is closer to the Xiangdang side, but he is still reliable. I have never heard of it. In this regard, compared to Case, it seems to be more convincing...

Although it cost a lot of money, it was worthwhile for Case to solve the trouble. Case stood up and stretched out his hand to Song Yang, "Then Song, I hope we can have a happy cooperation in the future!"

Regardless of what happens in the future, in the short term, Song Yang and Case are in the same camp. America Telecom and AOL will go their separate ways, and Double-click and ICQ will start to cooperate with AOL.

There was no press conference to be held. AOL wished that the whole world would know about this acquisition. It would certainly not publicize it with much fanfare, and American Telecom was also happy to make a fortune in silence.

After Song Yang and Case made a decision, the two sides would form a team to handle an acquisition involving more than one billion US dollars, but basically an agreement was reached.

Wait until all the agreements are signed, and then report to the Communications Committee for a process. However, this kind of thing usually does not cause any accidents. Even if they know that there is something wrong with it, no one will stop it.

Seeing that the two sides have turned from rivals to allies in the blink of an eye, the two groups who were at war just now are now talking and laughing, and can only lament that life depends on acting skills.

"Song, I hope that the Double-click company can go public smoothly. If you need help, AOL is happy to help!"

After the negotiation was over, a group of people picked up champagne and drank a glass. It was a celebration. Case, who was holding the wine glass, had a drink with Song Yang, and suddenly said this to Song Yang without thinking.

Song Yang was taken aback for a moment, not knowing what Case meant by this, and then suddenly thought that Case must have heard something about the double-click company, otherwise he would not have said this.

"Thank you, President Case, for your kindness!" Song Yang raised his glass as a gesture.

Case didn't stay with the AOL gang for long. After the agreement was signed, he left in a low-key manner and headed for his west coast.

Song Yang was thinking about Case's words. The first thing that came to his mind was Ella Cherry. Song Yang wasn't sure if it was her, but he was sure that she was going to complete the fatal one before the double-click company went public. Otherwise, she might not have a chance when she double-clicks the listing.

But I just thought about it, and Song Yang didn't ask people to investigate again. The soldiers came to cover up the water and earth, and sooner or later there would be a head-on collision with Ella Cherry.

Ella Cherry's means are nothing more than fines, prosecution and fines, or the introduction of Internet advertising laws against double-click companies, etc., but these will take time, and the big deal is to play procrastination.

America is a revolving door. No one can sit on the stage all the time. It is impossible for the donkey party to which Ella Cherry belongs to occupy the Grand Command all the time. When the elephant party gains power, it will solve the trouble of Double-click Company. Anyway, Zuo Zuo is just a lawsuit, and he has to pay money if he admits defeat, so he might as well take the money and go to court.

Putting the wine glass on the table, and returning to the meeting room, Song Yang said to Iger and the executives of American Telecom, "We won!"

The conference room immediately burst into applause. America Telecom definitely won this wave of operations. It acquired CompuServe and sold it for nearly [-] million dollars.

"Call KKR Group, Goldman Sachs, and Deutsche Bank Investment Bank!"

Song Yang asked the executives of America Telecom to inform the Wall Street companies involved in this project that they were asked to share the money. America Telecom came to a live performance to tell the people on Wall Street that America Telecom can make a lot of money, not only He can pull lines, acquire and merge, and then split and sell. He is also very good at playing. If you don’t rush to support America Telecom with a dollar, what are you waiting for? !

A group of executives in the conference room are still excited. They can also get a bonus this time. They have just entered America Telecom and completed such a transaction. Compared with these executives, America Telecom is more expected They are much more powerful. Only when a company struggles can these executives have room to play. If there is a pool of stagnant water, they can only sit on the bench.

Song Yang and Eiger sat aside, and Song Yang looked at Eiger who was still somewhat excited. This was the first acquisition and transaction in his hands, which was of great significance to Eiger.

"Iger, the deal with CompuServe is not the most important thing for American Telecom. American Telecom needs to have its own broadband line network. Now is the best time for the American telecom industry. If you miss this opportunity, if you want to develop Come on, for American Telecom, it is impossible!"

Song Yang explained to Iger, telling him not to put the cart before the horse. Like Ebes, he played the acquisition game. Shitong, which looks like a giant, is actually a castle in the sand. Once the market changes and the popularity of the Internet dissipates, Naturally, the telecommunications industry is going to have a fever, and the first unlucky one is WorldCom.

As for America Telecom, taking advantage of the current madness in the telecommunications industry, whether it is acquisitions or self-built, anyway, America Telecom's broadband lines will be covered in several major cities in America. Earning money, those lines are not much different from money printing machines.

"Not only the telecommunications industry, but as long as American Telecom can operate, it will have sufficient cash flow, and American Telecom can also enter the American media industry!"

Song Yang's words made Eiger's heart skip a beat. He understood what Song Yang meant. After the new telecommunications bill, the barriers between telecommunications, media, and Internet industries have basically disappeared. Now, as long as you have a dollar, you can enter major industries.

I don't see that Microsoft is just around the corner. There are news that they want to set up their own TV channel, and they are going to let Microsoft's voice be heard by more people!
But American Telecom wants to play cross-border, it needs to have sufficient cash flow, and it has to let the outside world feel that American Telecom can make a lot of money, and the number of optical fiber and broadband lines it holds is the best proof .

"After the CompuServe transaction is completed, I will ask American Telecom to start negotiations with WilTel Telecom!"

Iger, who had calmed down, said in a deep voice that the acquisition of CompuServe can only be regarded as a play, then the acquisition of WilTel Telecom will allow America Telecom to have a complete network service system, as well as a set of underground optical fiber network. This is what American Telecom really needs.

Song Yang nodded, Eiger is not the kind of arrogant character, if you change to a strong president, I am afraid that at this time, what you want is to continue the acquisition and earn more fame and profit!

American Telecom sold CompuServe to AOL. Even though both parties were very low-key and did not publicize it, there is no impenetrable wall in the world, let alone such a dramatic acquisition of this scale.

A few months ago, CompuServe was just bought by American Telecom at a high price of one billion dollars. At that time, some people ridiculed Eiger for making a loss-making transaction, and the remaining users of CompuServe who were crooked were still able to Sell ​​so expensive.

But in the blink of an eye, the slap in the face appeared. There are just a few million users who were considered crooked before, and someone came to take over the offer, and it was a high price. The purchase price of 12 billion US dollars, when When the news came out, the media were a little dumbfounded.

In less than two months, he earned nearly [-] million US dollars in blood. Which professional manager on Wall Street, when he took office, could do such a tough thing?
The fact that AOL took over CompuServe at a high price caused an uproar in the outside world. I don't know what kind of crazy AOL is, to buy such a junk thing at such an outrageous price.

Not to mention laymen, the telecommunications and Internet industries were a little stunned when they saw the news. Case actually took so much money to exchange such a shabby business in Song Yang's hands!
"The latest news from Wall Street, AOL, America's largest Internet service provider, announced today that it has reached an agreement with American Telecom to acquire its subsidiary CompuServe. According to rumors, the overall purchase price will reach 12 billion dollars, yes After UUnet, another acquisition with a scale of over one billion US dollars.

AOL will complete the acquisition in the form of stock plus cash. After the acquisition, AOL will completely obtain the dial-up Internet service of American Telecom, and the latter will completely withdraw from the dial-up Internet service! "

The news of AOL's deal with American Telecom was broadcast on the TV station. When they saw this news, the Netscape trio who had been tossed and tossed during this period couldn't help laughing when they saw this news.

Anyone with a discerning eye can see that AOL has been brutally slaughtered. Although it was not personally revenged, seeing AOL and Keith deflated, it still gave Anderson a feeling of revenge.

"It seems that we need to call, congratulations to that kid!" Anderson laughed and said to Jim Clark and Baxter.

Seeing that in the blink of an eye, Song Yang made nearly [-] million US dollars from AOL again, Anderson couldn't help being envious for a while, but he was even happier for Case's defeat.

"The acquisition of CompuServe is an important step for AOL. CompuServe can strengthen AOL's market position in America. More importantly, CompuServe's overseas market can allow AOL to enter overseas markets such as Canada and England, allowing AOL to Become an international Internet service provider!"

Watching Leon Heath, who was interviewed by the media on TV, had suffered a great loss, and was still racking his brains to find a reason for AOL's acquisition, Jim Clark finally couldn't help laughing.

(End of this chapter)