Back To 1995: Chapter 613 enemy of enemy
Chapter 613 The enemy of the enemy
Bernard Ebbs took up the acquisition agreement in a victorious manner, looked at James Crow in the direction of James Crow, and looked at him with some joking and mocking eyes.
A year ago, James Crow also dominated MFS Telecom, robbed the tiger's mouth, and snatched the "network giant" UUnet Telecom's drama from WorldCom at a high price. De Ebbs was ridiculed by the media industry that Lian Po was old.
But now, Bernard Ebes, like Napoleon, entered MFS Telecom as a conqueror. At this moment, Bernard Ebes was like a telecom emperor, enjoying the audience of the MFS board of directors. Of course, he also There is a "loser" loss...
Being stared at by Bernard Ebbs, James Crow's face was ugly, and he was pulled by the executive behind him, and then he squeezed out a stiff smile in front of the camera.
Crowe understands that the trend is over. The MFS board has been defeated by Bernard Ebbs' gold-dollar offensive. The $12.5 billion acquisition fee is equivalent to more than twice the actual assets of MFS Telecom. Bernard · Ebes is really willing to offer such a purchase price to MFS, and the MFS board has no ability to refuse.
In this acquisition, WorldCom used part of the cash and a large amount of WorldCom stock to complete the acquisition. Crow really can't figure out how much ecstasy Bernard Ebbs poured into the investors to make the world Through investors, agree to such absurd acquisition.
But the fact is that it is so magical. For this acquisition, WorldCom's investors not only did not object, but madly touted Bernard Ebbs as the emperor of the telecommunications industry!
Behrens, one of the most important shareholders of WorldCom, the president of the Flagg Telecom Foundation, the largest telecom investment foundation in America, who was present with Ebbs today, also disliked the holding of WorldCom shares too much. No, this time, I fully support Bernard Ebbs, just to get more shares of WorldCom.
Ordinary investors highly respect Bernard Ebbes. When WorldCom announced that it was going to issue new shares to acquire MFS, WorldCom's investors were extremely supportive and didn't care at all. Issuing new stocks will lower the stock price and affect the WorldCom stock in the hands of their gang of leeks. Instead, they believe that Bernard Ebbs' decision will make the WorldCom stock price even higher!
"This is the ability of the Telecom Emperor, only he can do what others dare not do!"
This is the reason why Bernard Ebbs, a diehard Bernard Ebbs supporter, a Wall Street telecommunications analyst and Bernard Ebbs' diehard fan, William Newbery, wrote to his clients recommending WorldCom stock, and nothing else. The reason is to believe that Bernard Ebbs can lead you to make a fortune. He himself touted Bernard Ebbs crazily and bought a lot of WorldCom stock.
"Crow, working for WorldCom in the future, you'd better be ready to get up early at any time!"
At the moment Bernard Ebbs signed, he joked to James Crow, and the whole conference room was full of laughter.
Bernard Ebbs didn't mean to beat Crow, but simply told him a truth, MFS would belong to WorldCom in the future, and if he wanted to stay in MFS, he had to "get to know each other".
In order to show his magnanimity, Bernard Ebes will not immediately kick Crow from the position of president of MFS Telecom, but if Crow does not perform well, Bernard Ebes will not mind and let Crow return. Retire at home!
Bernard Ebes's "understatement", the MFS board of directors and executives to please Bernard Ebes, to James Crow, it is a humiliation of red fruit, the hand under the table, can not help but He clenched his fists and lowered his head without saying a word. This was the darkest day in the history of his career!
Bernard Ebes glanced at James Crow, and Ebes dismissed Crow's anger. What if he was ridiculed as an "old cowboy who picks potatoes", James Crow, a Wall Street professional manager , is not being stepped on by him, what is the difference with potatoes?
On the other hand, Bernard Ebbs attached great importance to him. After putting down the Parker pen, Ebbs immediately called to a person sitting in the corner of the conference room, "Mr. Sitchmore, I hope you can join WorldCom, Serve as the general technical consultant of WorldCom!"
The founder of UUnet, Sitch Moore, who was sitting in the corner, couldn't help but be surprised when he heard this. He could not have imagined that Ebes would take him so seriously, and let him be the general technical consultant of WorldCom.
After MFS Telecom acquired UUnet, it has not digested much for more than a year. Still, the purchase price is too high. The purchase price of 2.1 billion US dollars. UUnet Telecom has many users and technology. Industry, it is not indispensable. After the acquisition of MFS, there were not many sparks on both sides, and Sitch Moore also began to sit on the bench.
MFS has some "useless" for Sitchmore, and doesn't know how to arrange Sitchmore, but Ebes values Sitchmore, a "telecom superstar"-level figure, and wants Sitchmore to become his right-hand man.
Seeing Ebes's emphasis on Sitchmore, and then looking at his attitude towards himself, James Crow's feeling is only clear to himself. In Ebes' eyes, he is the president of MFS Telecom, and there is no MFS subsidiary. Is a department head important? !
After signed, Bernard Ebbs left with a group of WorldCom executives, and there was obviously something important to announce. Bernard Ebbs called Sitchmore away, but ignored James Crow.
In the empty conference room, MFS executives were a bit shy about James Crow. Even if Crow could still stay in the position of MFS president, with Ebes' attitude towards him, Crow was basically an empty shelf. Become a character like a clown.
Taking a deep breath, James Crowe suppressed his anger. He knew that getting angry at this time would be useless except to be humiliated again.
Crow knew that MFS and WorldCom, he couldn't stay any longer. If he wanted to pay back what he experienced today, he had to find another backer, go to WorldCom's nemesis, and then report revenge to the world. !
There are many opponents of WorldCom. Crow can count a lot with his eyes closed, but the positions of the heads of the major telecommunications giants are all taken. After he went, he basically sat in the cold. The bench, even the vice president, is probably hanging.
Silently packed up his things and picked up his jacket. When James Crow passed by the window, he glanced out the window and accidentally saw a few telecommunications engineers in blue uniforms who were leading people to set up broadband lines.
Seeing this scene, Crow felt annoyed for a while, feeling that it was too deceiving, and the telecommunications line was almost on the door of MFS Telecom headquarters.
Just picked up the phone, and was about to call the security and marketing department to drive away the people downstairs. After thinking about it, it seems that MFS Telecom now has nothing to do with him, and James Crow couldn't help but feel a little disappointed.
was pressing the elevator. When James Crow saw the signs on the blue uniforms of the engineers, his heart suddenly moved.
“Telecommunications America…”
All kinds of thoughts flashed in James Crow's mind. In the telecommunications industry, America Telecom's strength is not as good as that of WorldCom, but it is the fastest growing.
More importantly, Crowe had already heard about the style of the founder of America Telecom, and it was revenge, and he was more radical than Bernard Ebbs. There is also a relationship between WorldCom and America Telecom. Festive!
It’s hard to say whether other telecommunications companies dare to be tough with WorldCom, but Crow felt that America Telecom would definitely dare to open a movie with WorldCom. James Crow did not want to be the president of America Telecom, but because of his industry Experience, qualifications, contacts, and being a vice president, he is somewhat sure!
Not to mention the salary, America Telecom's salary is quite good in the telecommunications industry, at least it ranks in the top three along with the Telephone and Telegraph Group, Southwest Bell and other companies, but WorldCom, which has been acquired everywhere, does not pay staff. high.
Because WorldCom has too many people, 50,000 to 60,000 people, and WorldCom's actual revenue is not that high, and it has to pay huge dividends to investors every year, even if Ebes offers himself the salary, it is not enough. Unremarkable, let alone others.
If he can enter America Telecom, get a good salary, and the key is to block WorldCom, James Crow feels that it is definitely a good deal!
"MFS Telecom is not the end of WorldCom, not even the starting point, just a warm-up match!"
Back at the hotel where he was staying, at the temporary celebration banquet held, in the face of a group of henchmen, Bernard Ebbs once again released rhetoric, which shocked Sitchmore, who was attending this kind of meeting for the first time, and had just acquired the MFS Telecom, Bernard Ebbs is still not satisfied.
Turning his head, other WorldCom executives didn’t seem to be surprised by Bernard Ebbs’ remarks, and they were obviously accustomed to it.
"MCI!"
Bernard Ebbs shouted, "WorldCom's next goal is MCI, no matter what the cost, no matter how many dollars, WorldCom will accept MCI!"
Sitch Moore looked at Bernard Ebes in a daze. At this time, he was a little confused. Is Bernard Ebes crazy, or he really has a plan. Just after the acquisition, WorldCom will pool money to acquire MCI Telecom is already in debt. Those creditors really believe that WorldCom will not collapse? !
Seemingly seeing Sitchmore's doubts, Bernard Ebbs said to him with a smile, "WorldCom's goal is not to gain many markets and users, nor is it globalization, WorldCom wants to become the No. 1 stock on Wall Street! "
Sitch Moore vaguely understands what WorldCom is playing. As long as the stock price can be raised and the WorldCom share price can go up, Wall Street and the leeks are willing to support WorldCom, and Bernard Ebbs can do it. to everything...
WorldCom's stock price suddenly soared, and then there was shocking news in the telecommunications industry that WorldCom officially acquired MFS Telecom at a price of 12.5 billion US dollars.
Affected by the news, WorldCom's stock price began to soar, and countless leeks began to spread the name of Ebes. Then, news came out again in the market that after Bernard Ebes took over MFS, he was still unwilling to stop, and wanted to Go ahead and take down the MCI…
It’s hard to tell whether the news is true or false, but WorldCom’s stock price has skyrocketed. Even if the news is outrageous, a group of WorldCom investors believe that Ebes can do it!
Compared with this, another piece of news is a bit inconspicuous. The Telephone and Telegraph Group quietly announced that it has reached an agreement with Telecom America to transfer Bell Labs to the North American Global Investment Foundation headed by Telecom America.
(end of this chapter)