Back To 1995: Chapter 742 dust settled
Fame and fortune are good things, they can give people countless things they dream of, such as worth, fame, power, etc., but it may also become a reminder!
Song Yang doesn't plan to earn any fame and fortune with Immelt. The sky is falling and he is standing tall. If he wants to gain fame and fortune, he has to be prepared to be smashed to death by fame and fortune. In this world, there are no unreasonable thing.
"certainly!"
Song Yang also took advantage of the situation and said, "ICQ has also made preparations. The management, personnel, and finance of ICQ and America Telecom have been integrated."
The merger of ICQ and American Telecom is the first step. Now that this step has been completed, it is natural to prepare for the next thing. After ICQ merged with American Telecom, the market value has reached expectations, and it can compete with NBC Group and Comcast. Continue with subsequent mergers and acquisitions.
But at this time, it is also time to see each other. Immelt came to San Jose early today, just to talk about this with Song Yang in advance.
The big merger has already been agreed by Song Yang, Immelt, and the Roberts family in charge of Comcast. This will not change, and it has to be launched.
However, there are a lot of things to say about the big merger, who should be the main one, what is the merger price, and who will be in charge of the merged company after the big merger is completed.
The scenery of the Bruno Family Club is really good, but Immelt doesn't have much appreciation for it.
Immelt knew that this matter was not so easy to talk about. He would not really think that Song Yang could let Song Yang let go of the idea of controlling this giant company with just a few words.
"Song, I hope that after the merger, General Electric can become the majority shareholder of ICQ!"
As soon as Immelt came up, he said unabashedly that according to the current hot Internet market, after the merger is completed, the ICQ brand should definitely be used. Although NBC and Comcast are also old brands, they are highly recognizable. , but in Wall Street and the investment industry, it is far less popular than the ICQ brand!
Now the Internet industry recognizes the ICQ brand. In the new "World Top 500 Brands" ranking launched by the World Brand Lab, the young ICQ has entered the ranks of the top 50 brands. The value exceeds tens of billions of dollars.
In this regard, even NBC Group and Comcast are far inferior. Of course, the big merger should be based on ICQ.
Without waiting for Song Yang to speak, Immelt directly stated the "reason", "I need General Electric to become the major shareholder of ICQ after the merger is completed. This must be done!"
Imelt said earnestly, the reason why he is so active in promoting this big merger is to make General Electric the majority shareholder of ICQ, otherwise, how can he explain to the Board of Directors of General Electric?
Song Yang had a "difficult" look on his face, and he seemed to be very unwilling.
Instead of rejecting Immelt, he involved the other party, "President Immelt, even if ICQ's board of directors, management, and investors are willing to give up the status of major shareholders, Comcast Group and The Roberts family may not be willing to make concessions..."
Song Yang's attitude is very clear. Even if he doesn't fight with Immelt, the Roberts family may not be willing to give up the status of ICQ's major shareholder.
The young owner of the Comcast Group is also eagerly waiting to prove that he is not the second generation who is just waiting to die, but to lead the Comcast Group and the Roberts family to new heights. This ambition is no better than that of Immel. How much is the difference...
"Brian Roberts, let me solve it, now it's our problem, Song, I need your support, General Electric becomes the majority shareholder of ICQ!"
Immelt said with a big wave of his hand, looking confident, as if he was absolutely sure that he could handle Brian Roberts.
Song Yang doesn’t know what Immelt can do, but he can’t get away from exchanging benefits, promising how much support he will give to Comcast after he becomes the head of General Electric.
The atmosphere became dull for a while, and Song Yang fell into deep thought, as if the choice was very difficult.
Immelt is not surprised by this. He feels that at Song Yang's age, if he is not tempted to be the head of a giant with a market value of 200 to 300 billion U.S. dollars, he will be called a ghost.
But for a full moment, Song Yang just dealt with the tea in front of him, which made Immelt feel a little anxious. When he was only one step away from the Iron Throne, it became more difficult to calm down. Immelt's mind followed Temper, in the past, he was absolutely able to hold his breath, and he was able to climb to the current position, and his office fighting skills were also full, but today, he still has difficulty calming down.
"Song, I know that letting go is more difficult than getting it, but believe me, letting go now will get ten times or a hundred times the return in the future.
At your current age, in the future, you may not only be the major shareholder of ICQ, but even the head of General Electric, it may not be impossible..."
Immelt drew a big pie to Song Yang with the tone of "the future is yours", and gave Song Yang the big pie of the head of General Electric.
Song Yang glanced at Immelt, and felt that Immelt was also full of bad things, but anyone who said this must have no good intentions.
Sighing, Song Yang "helplessly" stretched out his hand, and seemed to lean on the chair helplessly. Seeing this scene, Immelt was overjoyed. He felt that Song Yang was still too young, but he still hurried He put forward multiple conditions, trying to appease Song Yang.
"General Electric will use NBC's equity to complete the equity exchange with ICQ. At least 20% of ICQ's equity must be obtained, but Song you and the current ICQ board of directors can still retain their current seats.
In addition, General Electric will pay you Song you and the ICQ board of directors $7.2 billion in cash! "
ICQ's market capitalization is now as high as 130 billion U.S. dollars. Taking the equity of NBC Group and conducting equity equity with ICQ, it is also fair to say that NBC's market value is definitely more than 26 billion U.S. dollars.
But still the same sentence, if NBC is willing to change, Song Yang is willing to give up his position as a major shareholder. Comcast Group will not compete with General Electric. Otherwise, even if NBC's market value doubles, it may not be able to change. To ICQ20% stake!
This requires Immelt to come up with more conditions. As long as he can get the status of major shareholder, Immelt is willing to temporarily give up ICQ's board of directors to Song Yang and Comcast. That is, the merged ICQ, on the board of directors, is still dominated by Song Yang, and General Electric has temporarily given up the idea of completely taking over ICQ.
In order to obtain the status of major shareholder of ICQ, Immelt and General Electric must pay some price. There is nothing in the world that can be obtained with a single mouth.
But for Immelt, these are definitely worth it. Using a sum of cash to switch to the status of a major shareholder, even if the price paid may not be small, but you must know that this is a company that may reach hundreds of billions of dollars. How much can't the giant pay for it?
Song Yang looked at Immelt with a "resolute" look on his face. He gritted his teeth and said, "North America Global Investment Foundation can transfer part of ICQ's equity to General Electric, but General Electric must pay cash to repay it!"
Hearing this, Immelt showed a "heart pain" expression on his face, but he couldn't help being excited. He felt that Song Yang was still too "young" after all. The cash of the knife is indeed a good thing, but with the gold mine of ICQ, how many US dollars can't be earned back?
Stretching out his hand towards Song Yang, Immelt said with a heavy face, "Deal!"
"I will apply to the General Electric Board of Directors to pay Song you in cash!"
Immelt also needs the approval of the General Electric board of directors to mobilize a large amount of US dollars in cash, but Immelt feels that these are not problems. choose.
Song Yang and Immelt shook hands, and both of them looked at each other with a "suffering" expression. It seemed that neither of them took advantage. As for who won, it will probably have to be proved by time.
"Song, how can you agree to this condition of the old fox?"
Brian Roberts hurried to San Jose, the dust had already settled when he arrived, and he couldn't help but said to Song Yang heartbroken.