Back To 1995: Chapter 845 cost
Chapter 845 Price
What is the standard for a good transaction, that is, everyone who participates in the transaction thinks that they have made a profit, and it is simply a win, okay?
ICQ's acquisition of the Bronfman Group was such a "good" transaction. After the transaction was completed, everyone was toasting to celebrate the establishment of the empire.
Song Yang seems to be the one who "suffers the most", but Marcus, who has just received a huge amount of dollars transferred from General Electric, is using various means and methods to avoid taxes, not to mention, Song Yang is still To accept the "compensation" given to him by Immelt is not uncomfortable anyway.
Immelt had previously promised Song Yang that after the acquisition of the Bronfman Group, the Bronfman Group would be split up, retaining Universal Pictures, Universal Music and other industries, but the Bronfman Group's beverage business Seagram Company , to be sold as "non-performing assets", and the RICK company invested by Song Yang will reluctantly accept this non-performing assets.
These are routine operations on Wall Street, so there is no need to make a fuss. After all, as a technology company, ICQ makes some wine brands and so on.
When Edgar Bronfman Jr. heard that he was going to sell the Bronfman Group's liquor brand to RICK, he couldn't help entering Immelt's office in a huff.
"You can't sell alcohol brands to RICK. The alcohol brands under the Bronfman Group, Royal Salute, Martell, Chivas Regal, and San Miguel are all the most popular alcohol products..."
It’s not that Edgar Bronfman Jr. couldn’t accept the sale of the Bronfman Group’s wine business. After all, the Bronfman Group doesn’t belong to him now, but it’s hard for him to accept the sale to RICK.
Although RICK is now trying to join the ranks of luxury goods, little Edgar is proud from the bottom of his heart. He looks down on Victoria's Secret, even though Victoria's Secret is extremely popular, even compared to Bronfman Group's wine business. And make money.
But selling the liquor business to RICK, little Edgar still felt that he had been humiliated, not to mention, everyone knew that Song Yang was the largest individual shareholder of RICK. All kinds of wine brands collected were handed over to Song Yang, and little Edgar really felt like swallowing a fly, which made him feel extremely responsive.
"Little Edgar, these are all part of the deal. You have to understand that if you want Bruno Song to give up the shares in ICQ and you to join the ICQ board of directors, some things must be compromised!"
Immelt was patient and persuaded Edgar Jr. Now Edgar Jr. is an ally of General Electric on the ICQ board of directors, and Immelt still expects him to charge forward. Degas turned against him.
"I understand, but why sell it to RICK? Pernod Ricard, Diageo, and Budweiser are all willing to spend a lot of money to buy the beverage brand of Bronfman Group!"
Little Edgar Bronfman still said unwillingly, threatening to find new buyers for wine brands such as Royal Salute, and sell them to Pernod Ricard at a high price, unwilling to make Song Yang's RICK cheaper.
"Little Edgar!"
Immelt's voice became a little more serious, making Edgar Bronfman Jr. stunned for a moment.
Seeing that Edgar Bronfman Jr. stopped, Immelt's expression slowed down a bit, "I know you have more ideas, many plans, and want to prove everything you have done, but Edgar Jr., This requires a process. You are now the director and vice president of ICQ, and you may not have the opportunity to go further in the future. Maybe one day, the name of the Bronfman family will resound in America and Canada, and the Bronfman family will regard you as their favorite. Rong!"
Immelt drew a big pie for Edgar Bronfman Jr. He didn't say it directly, but he seemed to put the position of ICQ president in front of Edgar Jr. and told him that one day, Bronfman The family can also manage ICQ, a technology empire with a market value of nearly 400 billion US dollars.
"But before that, some concessions are inevitable. Little Edgar, I and General Electric absolutely support you!"
Immelt put his hands on little Edgar's shoulders, and said to him earnestly, with an attitude of treating him as an ally, which is comparable to Welch's time when he called Immelt and the others together, and then Tell them that it is too strong to choose one of them to be the head of General Electric and let them eat dogs.
Little Edgar also knows the truth that a little patience can lead to chaos and big plans. The most important thing right now is not the wine business, but the ICQ board of directors and equity, which are the most important things to him.
If at this time, there is a complete fallout with Song Yang, and Song Yang and the Bronfman family compete for equity, then I am afraid that will be the trouble.
"President Immelt, the Bronfmans, need more ICQ equity!"
Hearing Edgar Jr.'s words, Immelt knew that he would no longer be entangled in the transfer of the wine business.
"Of course, GE also hopes that the Bronfman family can take on more responsibilities of ICQ, and even become the second largest shareholder!"
Immelt hinted to Edgar Bronfman Jr. that no matter what method he uses, as long as he can get ICQ equity, Immelt will support it, and even surpass Comcast Group to become ICQ's No. The second largest shareholder.
Now that Song Yang's threat to Immelt no longer exists, Immelt should start to clean up Comcast. When Comcast is cleaned up, Immelt will be able to completely Take control of ICQ and let ICQ enter the Immelt era!
A huge Boeing plane landed on the airport. On this plane, there were no logos of several major airlines in America, but the words "RICK" group were sprayed on it. This is a business jet belonging to the RICK group. .
The plane door opened, and Eric, who was dressed in a suit and leather shoes, walked out of the door. Eric, who has been in the luxury and fashion industry for so many years, has long lost the reckless atmosphere of the past. Of course, his clothes are not the same as before. denim style.
Walking off the plane, there were already vehicles waiting there. Eric turned his head and waved to the crew, then got in the car and left.
This plane with RICK sprayed on it is a second-hand Boeing airliner purchased by the RICK Group. It’s not that they can’t afford a new plane, it’s mainly off-the-shelf. If you’re waiting for a new plane, it’s like Song Yang’s private Airbus. handover.
In the past, this plane was responsible for the travel of Eric and several senior presidents and chief designers of RICK. In addition, sometimes, it also provided business trips for its Victoria’s Secret models. This time, Eric took this business plane The plane was called over.
With Eric’s current net worth, it’s enough to buy his own private jet, but it’s just a matter of value. The plane is affiliated with RICK, which is similar to Eric’s own. It can also avoid taxes. Buying a private jet by yourself, It means that the card is a bit higher than Bigger.
Eric, who was sitting in the car, looked through the collected news about Bronfman's wine group Seagram, and saw the wine brands of Royal Salute, Chivas Regal, and Martell, and he was a little greedy. .
The predecessor of the RICK Group was the largest chain nightclub group in America. It was almost listed on NASDAQ. Alcohol is the most important source of income for nightclubs. Eric knows how profitable these brands of alcohol are.
Looking at the performance reports of Seagram Liquor Industry in previous years, Eric knew that if it wasn't for Song Yang, RICK would never have been able to get these liquor brands. This is a company with an annual revenue of more than 2.9 billion US dollars. What was going to be robbed by several major beverage groups Diageo, Pernod Ricard, and Bacardi is now being swallowed by RICK as a "non-performing asset".
Think about the great changes that RICK has undergone since getting to know Song Yang, from a nightclub group to the world's largest underwear group, and the old luxury brand Gucci, transformed into one of the world's three major luxury groups. Swallow the Seagram Wine Industry and become one of the five largest wine industry groups in the world.
If he hadn't experienced all of this personally, Eric would not have believed that RICK would be where he is today. Of course, his net worth also followed RICK, which is a leap forward soaring!
(end of this chapter)