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Chapter 755: Painting a Tiger Can't Be an Anti-Dog

If a person does one wrong thing and jumps into a pit, it is unlucky, then if this person keeps jumping into the pit and is constantly being slaughtered, it is not only unlucky, but it is also possible that his own vision and brain are probably the same. There are also some problems...

The current boss of the Seagram Group, Edgar Bronfman, head of the Bronfman family, is one such figure.

The prophecy that "wealth can't last three generations" also has a market in America and Europe. Edgar Bronfman didn't believe in this evil. He used to rely on the wine business and owned wine brands such as Martell, Royal Salute, and Chivas Regal. Edgar Bronfman doesn't want the Seagram Group, which can make money just by doing it. He has to toss the Seagram Group into an entertainment group.

Edgar Bronfman first bought a 15% stake in Time Warner, and then bought Universal Music, Universal Pictures, Universal Studios and other industries from Panasonic. The money for these things was bought by Edgar Bronfman, sold the DuPont equity that his father bought back then, in exchange for 88 billion US dollars.

Two years later, DuPont's stock price soared, and the value of this part of the equity reached US$160 billion. The kind to throw out.

Edgar Bronfman wants to completely change the Seagram Group. Even several brands in the beverage business will be sold to Diageo and Pernod Ricard, and the cable TV station of Universal Pictures. Barry Diller, last year Barry Diller developed the TV network formed by this TV station into a TV network with a revenue of more than 15 billion US dollars!

According to the current market conditions of the TV network, Barry Diller can sell the TV network in his hands for a sky-high price if nothing else happens.

What hurt Seagram Group the most was the world's largest record group formed by Edgar Bronfman. This year, Edgar Bronfman bought Polygram Records for US$106 billion, making Universal Music the No. A major record group!
It seems that the scenery is infinite, but in fact, Edgar Bronfman gave almost all the property left by his father to Huo Huo, and the cash flow in the original account was basically evacuated, and the debt owed The next butt debt, no accident, the performance of the Seagram Group in the past few years has basically filled in holes, and if one fails, the Seagram Group will have to be compensated.

Now, although the media dare not blatantly scold Edgar Bronfman, many media have already called Edgar Bronfman's transactions "probably the most stupid transactions in the media industry!"

When other people play acquisitions, they are all snakes and elephants. After the acquisition, they make a lot of money. Edgar Bronfman does the opposite. Every time he plays, his family loses a few points.

But it is precisely because of this that Immelt is eyeing the Seagram Group. If Edgar Bronfman is outstanding, or if the old Bronfman is in control of the Seagram Group, Immelt would not dare Hit Seagram's idea!
"Seagram's financial problems should have reached the limit, and ICQ can definitely take Seagram into his pocket.

I am going to complete the merger and acquisition of Seagram Group with a price of less than 400 billion US dollars! "

While eating the meal, Immelt proposed to Song Yang a large merger of 400 billion dollars with a "casual" attitude. During this kind of chat and joke, he decided on a large merger of tens of billions of dollars , fully demonstrated Immelt's ability and status.

Gallo, who was sitting by the side, was stupefied for a moment. This kind of thing that instantly decided the fate of tens of billions of dollars and tens of thousands of employees while eating was indeed enough to pretend to make Gailo Luo couldn't help feeling that this was the demeanor of America's largest professional manager and one of the most powerful men...

"After the acquisition is completed, Seagram's entertainment group will belong to ICQ, and the rest of the wine business will be split up. I heard that you, Song, have invested in RICK, a luxury goods company. If you are interested, you can participate in the auction !"

With the acquisition of the Seagram Group, Immelt plans to stay until the end of the year, and wait until early next year when he takes over as the head of General Electric, as his first big move after taking office.

This can kill two birds with one stone. On the one hand, he can stand up in General Electric and prove his ability to the General Electric board of directors. On the other hand, he also wants to completely control ICQ through this merger!

Immelt's office fighting skills are not all aimed at opponents, but also have the means to win over. The wine business of the Seagram Group was split off and sold to the RICK Group. It was used to win over Song Yang. Tell Song Yang , as long as he agrees to Immelt's plan, the benefits will definitely be indispensable to Song Yang.

Carrot in one hand and stick in the other, this is Immelt's method. He said that he will auction off Seagram's wine business. At that time, it will basically go through a process and give the wine brand to RICK.

As a professional manager, Immelt only cares about salary, bonuses, dividends, stock price, etc., whether selling a few brands will cause losses to shareholders of General Electric and ICQ, Immelt doesn't care at all, as long as As long as the stock price does not fall!
Song Yang looked at Immelt, seemed to be very interested in his proposal, and did not show any abnormality.

Hearing that Immelt was going to operate and sell Seagram's wine brand to RICK, Song Yang couldn't help but "amazed", "If Eric hears this news, I'm afraid he will fly excitedly immediately." coming!"

Song Yang teased Eric, the current president of RICK, "President Immelt, I absolutely support your decision. I believe ICQ can become a giant company like General Electric with you!"

Immelt nodded in satisfaction. As long as Song Yang doesn't want to compete with him, no one in ICQ can compete with him, neither Eileen nor Brian Roberts.

Looking at Song Yang in front of him, Immelt felt that Song Yang was not as difficult to deal with as the rumors in the world. Anyway, for Immelt, since the cooperation with Song Yang, it has been quite smooth, except for the split snow. During the Leshan game, Song Yang basically never refuted his request.

After the meal, Immelt was ready to leave. This trip to San Jose can be regarded as the coronation ceremony of his career. Even Immelt has a good impression of the city of San Jose.

Immelt got up, and when he was about to leave, the TV station in the restaurant broadcast another news, which attracted everyone's attention.

"The latest news from AOL and Time Warner, AOL completed the acquisition of Time Warner at a price of US$1062 billion. This is the largest merger in the history of America!"

Immelt turned his head and stared at the news report on the giant TV screen in astonishment. The news anchor spoke in an excited tone about the news he had just received, just like the previous report on ICQ's big merger and acquisition, but this time the scale Bigger and outrageous.

Watching the news on TV, Immelt felt absurd in his heart. The first thought was not that AOL snatched ICQ's venture capital investment, and AOL's president Keith overwhelmed him, but, the fuck Time Warner Also worth 1062 billion U.S. dollars?

A broken Time Warner is more expensive than NBC Group and Comcast TV network. Isn't this pure bullshit? How dare Case take over such an offer? !
"This is the beginning of a new era and the end of an old era. Time Warner will not disappear, and AOL Group will appear in front of everyone with a brand new look!"

Case, the president of AOL, and Jerry Levin, the head of Time Warner, appeared in front of the media with smiles on their faces. Like ICQ, AOL and Time Warner announced the news through their own media.

In order to show the changes of Time Warner, Jerry Levine deliberately did not wear a suit, but a T-shirt and a peaked cap that are the favorite of Silicon Valley practitioners, with the logos of AOL and Time Warner printed on it, so as to show the difference between Time Warner and the past , At this moment, Jerry Levine believes that the marriage with AOL is an opportunity for Time Warner, which will allow Time Warner to ride on the Internet and be reborn from the ashes.

I glanced at the TV, and when I saw the media report how powerful the merged AOL Time Warner is, with an annual revenue of more than 300 billion US dollars, how many Internet users, how many TV users, how strong its media is, and the market value is estimated to be 3500 million When the $[-] million dollar was obviously for the ICQ benchmark, Immelt couldn't help but chuckle, and the worry in his heart disappeared in an instant.

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