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Chapter 686 No Contrast No Harm

No matter how many theories and conjectures, compared with the bloody scene, they are less convincing. When the scene of the 500 billion US dollars merger and acquisition conference scene appeared, Mundell's identity as a candidate for the Nobel Prize in Economics was powerless. .

Today, after waiting for a whole day, all kinds of remarks began to appear, and the investment institutions and leeks who suspected the failure of the merger and acquisition were finally relieved.

The press conference was held in a venue formerly known as the San Jose Convention Center and now renamed the Alcatel Mobile Conference Center. Even if it was held temporarily, the number of media reporters, people from the banking, Internet, and telecommunications industries that flocked to the venue exceeded Hundreds.

Irene, Eiger, Betts, Paulson, Edison and others all stepped onto the stage together to announce the news that shook the entire America, and even the whole world!
Think about it, nearly seven or eight years later, when Microsoft proposed to acquire Yahoo for tens of billions of dollars, it would make the headlines of major news around the world, and it would be featured on news broadcasts in China. It is conceivable that such an acquisition has influence How big is it.

But now, ICQ has brought this scene forward by more than a few years. At this time, the beauty is even more valuable!

The cameras under the stage kept flickering, and Irene took a step forward. At this time, more than a dozen TV stations were broadcasting this moment live.

"ICQ has completed the merger with America Telecom. ICQ acquired America Telecom at a price of 500 billion US dollars and assumed all the debts of America Telecom. ICQ will reorganize the joint board of directors with America Telecom..."

The moment Erin announced that the merger was complete, there was a slight uproar throughout the venue.

Traditional media and newspapers were a little slow to respond at this time, but Internet media, Yahoo, MSN, AOL, Lycos and other portals and forums all changed the headline of the first night to "ICQ's $500 billion acquisition of the Americas Telecom" news.

Almost at the same time, heavy news from the other side of the Atlantic was also reprinted on European Internet platforms such as Canada, North America, England, and Germany.

In Lao Maozi and Eastern Europe, Yeadex, which dominates mailboxes, e-commerce, and game platforms, and Lao Maozi's largest portal website, also announced the news at the same time.

When Lao Maozi's millions of Internet users saw the headline of $500 billion, and then thought of many Lao Maozi who are still struggling to feed themselves, I don't know if there was a moment when they remembered their tuba... …

The Internet is in full swing, and Asia, which is also developing rapidly, has been hit harder. Japan, Bangzi, Singapore, Hong Kong City and other places have also exploded. This news has too much impact on the Internet industry. big.

An Internet company actually took out 500 billion US dollars to acquire a telecommunications company. In fact, it may not be that much. ICQ only acquired 51% of the shares of American Telecom, but it does not prevent ICQ from using this as a gimmick. It sounds really scary.

Sohu, the largest domestic portal, Yinghaiwei, the largest forum, and other BBS forums, large and small, became noisy today. The screen swiping that hadn't appeared for a long time also appeared again, and many diving monsters were also removed from the fish pond. It exploded.

"Is the news true?!"

Rebus, the former fan of posting, couldn't help diving out of the water, and asked the people in the forum.

In the past few years, Rebs has seldom used forums, but he knows that many people in the forums are now messing around in the Internet industry, especially a few years ago, after Song Yang's trip to Asia, there were many Leibs on the forums. The big cows in Booth's eyes have all started diving, and Rebs knows that they are all starting their own Internet companies.

After Rebs asked the question, Ding Sanshi, who had just established NetEase and was tinkering with NetEase mailboxes, replied on the BBS forum, "It should be true, the news released by Lao Zhang's Sohu, the news of the big money owner, he must not dare to make mistakes !"

Zhang Chaoyang also hung out on BBS forums, so he was born in this BBS forum, but in the past few years, Zhang Chaoyang has become a big shot in the domestic Internet generation by virtue of Sohu, and he rarely hangs out on forums.

Many people from this forum, like Zhang Chaoyang, the guy codenamed "Lao Rong", all got venture capital from Song Yang. Now Sohu is the largest portal in China, and 8848 is a boom in China. The e-commerce platform is also a strategic partner with eBay. It would be a lie to say that everyone on the forum is not envious.

"I just went to the Yahoo News in Hong Kong City and the ICQ portal to report this news. ICQ only bought 51% of America Telecom's equity, but including the debt, the total cost is nearly 400 billion US dollars!"

Zhou Zhinong, who developed the Chinese character encoding, told everyone in the forum what he had picked up in Hong Kong City. Yahoo, MSN, and ICQ have not yet entered China, but they have all designed offices in Hong Kong City. The business has been carried out, radiating to the port city and the coastal areas, and those places have the most Internet users.

Hearing the news was true, there was an inexplicable silence on the BBS forum. This news was a shock to the entire Internet industry, almost a symbolic event, but it also made the domestic Internet industry see a huge gap. The Internet, compared with Silicon Valley, is almost a small business.

Hong Bo, who has been pouring water on the BBS forum all year round, asked Boss Ma at this time, "How is your OICQ doing now? I heard that the Star Wish Foundation wants to invest in you?!"

These words attracted the attention of many people including Rebus on the BBS forum. Last year, Boss Ma couldn’t help being lonely. Seeing that Zhang Chaoyang, Lao Rong and others had all received venture capital, Ding Sanshi also came out to do it alone. , Boss Ma couldn't help it anymore, ICQ has not entered the domestic market for a long time, so Boss Ma wanted to develop an instant messaging website similar to ICQ.

In the face of the OICQ that popped up, Song Yang's domestic venture capital company Star Wish Foundation not only did not file a lawsuit with Boss Ma, but also spread the news that he wanted to invest in OICQ, which made many people feel a little uncomfortable. untie.

"not sure yet!"

Boss Ma responded and continued diving. In fact, the Wishing Star Foundation has approached OICQ, and it was just a question of how much to invest.

"The central media has started reporting!"

At this time, a piece of news suddenly appeared on the BBS forum, which completely confirmed the rumor that ICQ had acquired America Telecom at an astonishing price.

CCTV also began to report on this merger case. The merger of 500 billion U.S. dollars, converted into RMB, is as much as 4000 billion. We all know that the accounts are not calculated in this way. ICQ’s merger is more of an equity exchange. The real money spent is probably the $50 billion in cash, but it sounds really bluffing.

ICQ's acquisition of American Telecom at a sky-high price was like a comet hitting the earth, causing huge waves. All the major media in the world are scrambling to report on it, and more than one person was affected by this news.

Mundell, who was still recording the show, sadly left the studio. His departure did not attract much attention. At this time, the attention of the TV station was on the M&A press conference, and no one cared about a "clown".

Mundell, who had just stepped out of the TV station, received a call from Sweden. Mundell's relationships and contacts were more in Europe, and his reputation in Europe was greater than in America.

The call was from a close friend of Mundell in Europe. The content was very simple. For the Nobel Prize, the voting for the award of the Economics Prize may change. Mundell, who was originally very hopeful of winning the next Nobel Prize Well, it is very likely to lose the election. After all, although the Nobel Prize Committee has always been fair and independent, it is impossible to offend the whole world after all, and the influence of public opinion must also be considered.

Putting down the phone, Mundell was not disappointed, but just smiled helplessly. He thought he was right. His years of knowledge and experience told him that ICQ is a giant ship made of sand, and it will disperse when the wind blows. , but no one would believe him before this giant ship was blown away!

It's not just Mundell who is affected, Mundell may just be the least affected one.

The negotiations between AOL and Time Warner, which had been wrangling for a whole day, ended without a problem again.

"Case, it's impossible for Time Warner to accept AOL's current offer. American Telecom is worth $500 billion. Time Warner is not as good as American Telecom?"

The representative of Time Warner left the venue directly, America Telecom even dared to offer 500 billion US dollars, the old media empire Time Warner is not as good as America Telecom?
Although in fact, it is not as good as it is. In the past ten years, Time Warner has earned 970 billion US dollars, but not only has no profit, but also lost 178 million US dollars. The debt owed is less than tens of billions of dollars. Time Warner only pays the interest on the debt, and it has to pay 13 billion dollars a year.

But these do not prevent Time Warner from asking for a price. American Telecom really stimulated the board of directors of Time Warner. Time Warner originally wanted to marry AOL at a lower price. After seeing ICQ's bid, it also changed its mind. ICQ can be for American Telecom. With a bid of 500 billion U.S. dollars, AOL, a heartless man, can't bid 500 billion U.S. dollars to acquire Time Warner? !

AOL claims to be an Internet giant, so it’s possible that it’s not as bold as ICQ. There’s no harm if there’s no comparison. Anyway, America Telecom’s merger and acquisition made Time Warner’s board of directors make up their minds. If AOL doesn’t offer high prices, Time Warner won’t sell it. Sell!
AOL executives such as Keith and Leon Heath looked depressedly at the departing Time Warner executives. They were a little helpless. Seeing that the acquisition was about to take shape, and now they were completely messed up by the merger of America Telecom. Warner is obviously planning to make a merger and acquisition, and play with hundreds of billions of dollars.

Once the acquisition price reached [-] billion US dollars, it was more than half of the world's harvest in one year. Case watched the news of ICQ and American Telecom, and finally couldn't help but smashed the things in his hand on the TV. machine, "I don't want to see ICQ again!"

(End of this chapter)