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Chapter 684 Backdoor
"President Paulson!"

"Manager Edison!"

Song Yang called out to Paulson and Edison. These two are basically the two institutions that Song Yang has cooperated with the most in Wall Street, and they are also the two most powerful people on Wall Street.

"President Betts!"

When he saw Bates entering the conference room with a group of people, Song Yang still greeted him with a smile, but Bates was a little serious, touched hands with Song Yang, snorted, and brought a group of people Sitting opposite Song Yang, Bates had a better attitude towards Eiger.

After seeing this scene, Paulson, Edison, and a group of people from Wall Street institutions all looked at each other, and Paulson showed a meaningful smile.

Wall Street is a crap stick, focusing on eggs with cracks. If the major shareholders of ICQ and America Telecom are friendly with each other, how can they have room to intervene? As long as they find an opportunity, they can intervene to make a fortune, even Take away a controlling stake in a company!
Song Yang looked around the meeting room. The large and small shareholders of ICQ and American Telecom will basically gather here today. People like Irene, Wesley, and Eiger will definitely not oppose this merger. RICK and Anran, the minority shareholders who hold ICQ and American Telecom, are also on Song Yang's side.

After looking around, Song Yang felt that what needed to be done was the Telephone and Telegraph Group, and Goldman Sachs, Deutsche Bank, and Merrill Lynch to agree to the merger plan. After all, the new shares and bonds issued needed them. Only real gold and silver bills will do.

Irene coughed, and the conference room officially started, and the entire conference room fell silent immediately.

"On behalf of ICQ's board of directors, I welcome you all. Our resolution today will determine the fate of 3000 people in two companies, as well as related cooperation. More than 80 companies and 7 people will be affected!"

"I don't need to elaborate on the relationship between American Telecom and ICQ. Both the board of directors, the management, and the staff are already familiar with each other. I think this merger will not cause too much damage to the two parties..."

"not necessarily!"

Before Irene finished speaking, a voice suddenly appeared and interrupted Irene's words. Everyone in the conference room looked at Bates.

Pellet Greene, who was beside Paulson, looked at Betts in surprise. He originally thought that today was just a formality, but now he suddenly felt that ICQ didn't seem to take the female leader of the Telegraph Group into consideration. The doorman got it done!

Irene and Bates looked at each other. One was the newly-promoted queen of the Internet, and the queen of telecommunications from a veteran empire in the telecommunications industry. Neither of them avoided the other at all.

Looking at the scene where the two queens confronted each other, Paulson, Edison, An Ran, RICK and others watched with gusto, while Song Yang couldn't help but stroke his forehead. The real merger is completed, and I don't know how many moths have appeared.

"President Bates, what do you mean?" Irene said in a cold voice. If it wasn't for the concern that the other party is the president of the Telephone and Telegraph Group and the second largest shareholder of American Telecom, and they would have to deal with each other in the future, Irene would have already In the past, ICQ merged with American Telecom, and she will not let anyone block this acquisition.

Irene is full of momentum now, but it has no effect on Bates. She has never seen anyone, let alone the woman who fought openly and secretly with Fiorina for so many years.

That woman, Fiorina, has a much deeper morality than Irene. She failed to become the president of the Telephone and Telegraph Group, but Fiorina pushed for it. Back then, Lucent was split from the Telephone and Telegraph Group, and Betts and Fei Olina is a real enemy.

Looking at Irene, Bates felt that Irene was the next Fiorina, maybe even stronger than Fiorina!
"ICQ is not a telecommunications company, nor does it have any technical and management personnel in the telecommunications industry. I have doubts about whether ICQ can manage America Telecom well after it acquires America Telecom!"

Bates also said unceremoniously, directly pointing at Irene, doubting whether she can control America Telecom and lead America Telecom against WorldCom and other rivals.

Song Yang could see that Betes was not real, and wanted to mess up the merger, but to declare the rights of the Telephone and Telegraph Group, and then let Song Yang directly merge America Telecom and ICQ without notifying her. A little brooding, deliberately adding to the trouble, of course, by the way, fighting for more profits for the Telephone and Telegraph Group.

"ICQ has [-] million users, so President Betts doesn't need to worry!"

Hearing Betes' question, Irene immediately responded back. ICQ can have [-] million users, but can't it control the millions of users of American Telecom? !

Listening to Irene and Betts' quarreling in the conference room, Paulson, Addison and others were a little speechless. They had long known that professional female managers in America were not to be messed with. Before that, professional female managers from Wall Street and Hollywood People, it has been verified, and the female professional managers in Silicon Valley are obviously not easy to mess with, even if they are replaced by them, they may not be able to win the two of them.

"The telecommunications industry and the Internet are two completely different industries, and the user groups they face are completely different. If you can manage Internet companies, you may not be able to manage telecom users!"

"It's not certain whether ICQ can manage the telecommunications industry, but some companies should be optimistic about themselves first, so as not to be replaced or split up again!"

Facing Bates' repeated attacks, Irene finally couldn't bear to reveal her shortcomings, and warned Bates not to be split up again someday.

Betsy's eyes became sharper, and he looked Irene up and down. She just wanted to add some congestion to ICQ, but Irene touched the back of the Telephone and Telegraph Group, and she didn't open any pots.

There was a knocking sound on the table in the conference room, interrupting the dispute between Irene and Betts.

"President Betts, after the merger of America Telecom and ICQ, America Telecom will still retain its brand and operate independently!
In addition, if there is an irreversible situation in the future and the merger between ICQ and America Telecom cannot be maintained, the America Telecom brand still has the right to spin off independently! "

Hearing Song Yang's words, Irene hesitated to speak, but she didn't speak, Bates hesitated, Paulson, Edison and other veterans all frowned.

Song Yang's words seemed to be comforting Bates, but all the elites present smelled something unusual.

What is irreversible? The merger can no longer be maintained. Isn't it just that life can't go on, and then it will be separated. At that time, American Telecom will "redeem" itself for itself, pay a sum of money to the ICQ board of directors, pat its ass and leave. It is equivalent to Song Yang leaving a back door for this merger.

This kind of thing is not uncommon in America. After the merger, life can't go on. Naturally, they will find their own mothers in one film and two episodes.

But what he said today from Song Yang's mouth made people feel a little meaningful. Song Yang proposed such a condition that America Telecom would be allowed to operate independently after the merger. Someday life would be difficult in the future, and it could be split out again. Bei If Tes insisted on it, it would be a bit unreasonable.

After Betts let go, the biggest obstacle to this merger basically disappeared, and the rest was the conditions.

Iger, who has been acting as a transparent person, finally said at this time, "America Telecom is willing to complete the merger with ICQ at a valuation of 600 billion US dollars and a 1:1 equity exchange. However, ICQ has to bear all of America Telecom's debts and pay Not less than $50 billion in cash!"

Hearing this price, there was a gasp in the meeting room. The market value of ICQ is already ridiculously high, but it can be worth about 600 billion US dollars. This is because the stock price has soared in the past few days.

But American Telecom, this is really daring to ask for a price. MFS Telecom was acquired last year, but it was only more than 100 billion US dollars. Now WorldCom is preparing to kill MCI. It is rumored that British Telecom’s offer for MCI is only 190 billion US dollars. WorldCom is now The price is being raised, and it is rumored that it has exceeded more than 300 billion US dollars.

But compared with American Telecom, MCI seems to be a bit cheaper. Paulson looked at Song Yang, and felt that Song Yang's hands were really dark, his left hand was reversed, and both American Telecom and ICQ belonged to him, but what the hell? It's too outrageous!

"Song!"

Paulson couldn't bear it at first, "Goldman Sachs agreed to support ICQ's acquisition of American Telecom, but..."

Paulson couldn't go on talking. Wall Street has never seen such an outrageous situation. Song Yang really regarded Wall Street as leeks, and he would not be so ruthless when cutting leeks. "America Telecom's valuation is too high. The Nasdaq Commission and the Federal Securities Commission will not agree to this merger!"

"President Paulson, America Telecom is the fastest-growing company in the telecommunications industry. Broadband users are exploding every year. Within two years, America Telecom's broadband users will exceed 500 million. Within three years, America Telecom will have more than 1000 million users worldwide. American Telecom is also the largest mobile network provider in America, and has more than 2 mobile phone retail stores. When the Alcatel mobile phone P[-] is released, American Telecom will launch new services..."

It was James Crowe who was speaking. He was dissatisfied with Paulson's belittling of American Telecom, and wanted to tell him the potential of American Telecom. The future is a money printing machine.

"400 million dollars!"

Paulson didn't care about that. He looked at Song Yang's quotation and said that with a valuation of US$400 billion, America Telecom and ICQ could complete the merger.

"500 million dollars!"

"President Paulson," Song Yang said a merger valuation, and without waiting for Paulson's objection, Song Yang looked around the conference room, "If I tell President Paulson and everyone here, this merger, and Not the end, but just a beginning?!
Perhaps in another month, no more than two months at most, ICQ will initiate a new round of super mergers and acquisitions in the TV and media industry? ! "

The meeting room was silent for a long time, and Bates and everyone in the meeting room didn't react for a while. Although Song Yang was speaking in a hypothetical tone, they were not fools, so how could they fail to hear the implication.

"Goldman Sachs is willing to support ICQ's acquisition of American Telecom at a price of US$500 billion!"

(End of this chapter)