Back to 1995

Chapter 661 Double Reed
Don't look at the major companies in America, they seem to be rich and powerful, and they spend tens of billions of dollars to buy them at every turn, but they are all fake, and they are basically exchanged or acquired with stocks, let alone 100 billion dollars. If the cash comes out, even billions of dollars are enough.

Only after experiencing the bursting of the Internet bubble and the beatings of real estate subprime mortgages, the giants of America began to learn how to be good, and began to understand the meaning of a sentence circulating in Asia, there is food in hand, and there is no panic in the heart, and large-scale cash reserves , became popular, and the Apple family alone hoarded more than 2000 billion dollars in cash.

Now the giants in America, especially the technology giants, are still too young. How could they hoard so much cash? On the contrary, they would mock banks, chemical, agricultural groups, etc. in traditional industries, because they don’t understand the rules of modern games.

If Microsoft puts together the left and right, it can probably spell out 100 billion dollars in cash, but if this 100 billion dollars is used to acquire Netscape, it is purely overthinking.

If Microsoft really took out 100 billion US dollars in cash, Netscape, which is still strong today and does not eat the food that wasted, would be rushed to sell it immediately.

Not to mention Netscape, Song Yang is willing to sell ICQ to Microsoft. That is 100 billion US dollars in cash. How many times does Song Yang have to cash out before he can cash out.

As for selling ICQ, it’s not that Song Yang has quit the social networking industry. He can also create a lot of social networking sites such as Skype, MySpace, Facebook, Twitter, LinkedIn, INS, Burn After Reading, Line, etc. It's about Microsoft, just one acquisition...

Song Yang shook his head and looked at the people on the left and right. They didn't go to the conference room today, but were in the villa in San Jose. At this time, if they were in the ICQ office building, they would be more sensitive.

Looking at Irene, Iger, and several ICQ and America Telecom's chief financial officer, operations, marketing department president, personnel president, etc. who were present today, Song Yang said, "Everyone must know that everyone is here today. reason."

"I hope that before the end of this year, ICQ and America Telecom can complete the merger!"

Before coming here, the executives of ICQ and American Telecom, who had already heard the news, had already heard some rumors from Irene and Eiger. They were not surprised by the news, but when they heard Song Yang say it himself, The expressions of several people still changed slightly.

People in ICQ are naturally excited, and their eyes have become fiery. ICQ is a listed company, and America Telecom has not yet been listed. It is natural that ICQ acquired America Telecom. Besides, it is the frenzy period of the Internet, and America Telecom is a telecom concept stock. , but not as popular as ICQ, the leader among Internet concept stocks!

ICQ's chief financial officer and chief operating officer all looked at each other, unable to hide their excitement. One day ago, they were preparing for ICQ's acquisition of Netscape, but now, no one cares about Netscape. It's only worth a few bucks, and when it merged with American Telecom, ICQ transformed itself and instantly became a candidate for a giant with a market value of US$[-] billion!

Internet social giants, coupled with emerging telecommunications leaders, just thinking about it makes people think about it, which is much more exciting than the acquisition of Netscape.

Compared with the ecstasy on ICQ's side, America Telecom's side was a bit more hesitant, and Eiger's expression was normal. Song Yang had already talked to him about this matter, and with Eiger's current status, even if they merged , and will not threaten his status, at most in name, there have been some changes in his status.

However, several senior executives present at America Telecom hesitated a little. They had to think about who would have the final say after the merger, and whether their positions, salaries, equity rewards, etc. would change.

After the merger, ICQ can indeed become a giant. You don’t need to think about it. Now ICQ’s executives, from top to bottom, are estimated to have skyrocketed in value. After all, they all hold shares in ICQ. The ICQ stock in their hands is even more valuable.

But America Telecom's side, it's hard to say how much benefit they can get. Not to mention the sudden addition of a group of mothers-in-law, their positions and salaries are also affected, so they are naturally a little suspicious.

After all, even if there is no merger, with America Telecom's current popularity, it is not difficult to go public. America Telecom's market value may not be lower than the current ICQ if it goes public!

Greg and Marcus kept calm and watched the reactions of the people on both sides of American Telecom and ICQ. They are now Song Yang's absolute confidantes. In the case of Xiangdang, it is the role of the party whip to clean up some thorns for Song Yang.

Marcus is in charge of Song Yang's money bag, which is the most crucial point. As long as these two vital points are from Song Yang's people, there will basically not be too many troubles.

Song Yang naturally understands the principle of not worrying about scarcity but about inequality. If one side suffers from the merger, it will definitely not last.

"The merger of America Telecom and ICQ is beneficial to both parties. The merger between the two parties is mainly based on the exchange of shares. After the resolution of the board of directors of America Telecom and ICQ is passed, the merger can be started!

ICQ will issue an additional batch of equity for executives and employees of American Telecom. "

There is still a need to save face. American Telecom still has the second largest shareholder of Telephone and Telegraph Group, and there are also small shareholders such as An Ran. The major shareholder Song Yang can decide on the merger, but the small shareholders still need to be notified. one time……

Hearing that they were going to issue additional equity for the executives of American Telecom, several executives of American Telecom were relieved for a moment. They were able to compensate them, and exchanged the equity of Central American Telecom for the equity of ICQ, and then cashed out , It seems to be good, anyway, as long as you have a beautiful knife, it's enough to cut whose leeks.

"After the merger is completed, ICQ and America Telecom will have a business merger, including joint operation of the brand, advertising, etc., but the main business will remain independent. ICQ's social networking, America Telecom's broadband and mobile network business , will also be operated and managed by the original team, as for President Eiger..."

"I will serve as the global vice president of America Telecom ICQ after the merger. ICQ will not send executives above the manager level to America Telecom!"

Irene looked at Eiger's direction and said, to put it bluntly, after the merger, the two sides still lived their own lives, but they became a family in name, and the boards of directors of the two sides merged into a family, but the life of the two sides will be how to live. Pass.

If there is a cooperative business, both sides should do it together, use one brand together, put the revenue of both sides together, and make the data glossy, and it is enough to look like a giant.

Hearing this, all the executives of American Telecom were relieved, and a smile began to appear on their faces.

"I have no objection!" Eiger also said at this time, still with a gentle look, as if he had no interest in competing for the position of ICQ president of American Telecom, and Irene was relieved.

After the most controversial part is settled, the interests of the executives on both sides will not be damaged. On the contrary, after the merger, they may make a lot of money. Naturally, they will no longer object. The rest is the details of the merger.

"The merger of ICQ and America Telecom may be just the beginning, and there may be more mergers in the future. As long as you hold the shares of ICQ and America Telecom, you may be able to make more profits!"

In front of this group of "his own people", Song Yang gave a little air in advance, implying that the executives of ICQ and American Telecom should cooperate well to finish this scene, and they will be beneficial in the future.

The senior executives of ICQ and American Telecom all showed strange expressions at this time. They are all veterans in the workplace. Why can't they understand the meaning of Song Yang's words? It seems that the merger of ICQ and American Telecom is just an appetizer. I almost told them clearly, hold the stocks in your hands, don't sell them lightly, why don't they understand!
At this time, even the executives of American Telecom were looking forward to it, wondering what tricks ICQ could play.

Before Irene left the villa, she asked Song Yang, "Should ICQ continue to quote from Netscape?!"

"Of course," Song Yang said while sitting upright, "Netscape deserves its own worth!"

Hearing this, all the senior executives of ICQ and American Telecom burst into laughter. At this point, they still don't know that ICQ's offer of Netscape is deliberately making a fuss to deceive those companies who want to acquire Netscape. giant.

Irene and Eiger, leaving with a group of people on both sides, confirmed that the two companies will merge, and it will basically start around Christmas. Now we need to make preparations. Think about the market value and valuation of the two companies. , The company merger of more than 500 billion US dollars, how many things need to be prepared, must be prepared in advance.

Song Yang, Marcus, and Greg were left. Marcus held the internal documents of ICQ and America Telecom, including financial status, revenue and other data. After a long calculation, Marcus raised his head. He frowned and said, "After the merger is completed, the debt situation of ICQ and America Telecom may not be good, and the revenue may not be able to meet expectations..."

After ICQ spun off the game business of Xueleshan, it became a paper tiger. It looked like a gnawing claw, but the revenue still couldn't keep up. Now it is mainly supported by advertising and some other businesses.

The same is true for American Telecom. Telecom is a heavy asset investment. Those lines, base stations, signal towers, submarine optical cables, broadband equipment, and retail stores purchased are all bought with real money. American Telecom basically relies on banks. If you borrow a loan, you have to wait several years or even more than ten years to get back the capital, which is definitely not something that can be done overnight.

Marcus feels that ICQ and America Telecom are dancing on the edge of a knife. Once the market goes bad, the performance of ICQ and America Telecom will change drastically, and then there will be shocking losses!

"As long as the merger can be completed, it's enough, the rest... will come later!"

Song Yang said with a sigh, a dead fellow is not a poor one. Anyway, when the merger is completed, Song Yang is going to transfer the equity to General Electric, Wall Street, and overseas investment institutions. It is not Song Yang's turn to have a headache about those messy things.

With ICQ and Microsoft's moves, the competition for Netscape became more intense. Jim Clark had to refuse. Although everyone knew that Netscape was angry when they said that they would not sell to Microsoft, it still made Microsoft lose face.

"In the history of America, how can a company that has been established for less than five years be worth $40 billion?!"

After being rejected, Microsoft no longer swallowed his anger. When Bill Gates faced the Seattle media, he began to complain unabashedly, whoever bought Netscape would be taken advantage of.

Then, ICQ began to make a second offer, proposing a purchase price of US$40 billion to the Netscape board of directors!

(End of this chapter)