Chapter 945 familiar style

Chapter 945 Familiar style

Hearing that Song Yang was going to split and reorganize ICQ, all the people present showed various complicated expressions on their faces.

Don’t look at just now, Song Yang caught people from all major departments and sprayed them all, but there is a difference between closeness and intimacy. Iger and Andy Lake are not worried at all at this time. They know that no matter what No matter how they split up and reorganize, they won’t suffer!

On the contrary, NBC Group, Universal Pictures, Universal Music, Comcast Television Network, etc. are all worried at this time.

Brian Roberts didn’t have any objection at this time, just sat there, quietly watching Song Yang rebuild the ICQ empire, after all, even if he objected, it was useless, it would be better to be quiet.

“ICQ will be mainly engaged in the social and media industries, telecommunications and other industries in the future, and ICQ will be spun off!”

Song Yang was the first to aim the knife at American Telecom, but Iger was not only not dissatisfied when he heard this, but looked forward to it a little more.

Staying under the wings of ICQ, American Telecom will never be able to become a real telecom giant. Right now, the telecom industry is in a precarious time. For most telecom companies, life is the most difficult time, but for some telecom companies Said, but the best time to hunt!

Coughing, Song Yang looked at the freshly baked ICQ financial director Marcus, and immediately took out a plan that had been prepared in advance.

“America Telecom is not related to ICQ’s main business, and has not directly brought much revenue to ICQ. America Telecom should spin off ICQ.

America Telecom can use the “current” valuation of the telecom industry to “redeem” 51% of the equity held by ICQ. ICQ can use this dollar to solve the current debt problem, so that ICQ can travel lightly! ”

Marcus said in a serious manner, and Brian Roberts and others jumped up when they heard it. According to Marcus, American Telecom is a burden. Only by throwing away the burden of American Telecom can ICQ get up from the ground.

This reason is absurd, Brian Roberts feels, I am afraid that it is not accurate to say that American Telecom and ICQ are not compatible. American Telecom is called a burden? !

The most profitable telecom company in the telecom industry in America and even the world is not compared to the revenue scale, but the profit margin alone. American Telecom far surpasses Telephone and Telegraph, Verizon, Southwestern Bell, Sprint and other peers.

America Telecom is now doing the most lucrative broadband, mobile Internet, and a series of “Monternet” services, such as ring tones, multimedia messages, data packages, etc., which make America Telecom’s revenue double almost every year. times.

However, thanks to the special agreement signed by Song Yang when ICQ acquired America Telecom, the operation, finance, and personnel of America Telecom are all operated independently, which also prevents America Telecom from being bound by ICQ’s board of directors. , I can make a lot of money by doing the accounts every year, but I can’t pay the ICQ board of directors. Instead, ICQ has to allocate money to it for research and development.

America Telecom is definitely a cash cow, but it doesn’t give ICQ what it earns. Now that it doesn’t pretend to be a showdown, Song Yang directly dismantles ICQ and starts his own business!

America Telecom’s debts have already been carried by ICQ, which is also an important reason why ICQ can’t breathe. Now America Telecom patted its **** and left, leaving gently, without taking away a penny of debt…

As for America Telecom’s “redemption” of ICQ’s 51% stake, how much it will cost depends on Song Yang’s mood. Home is basically left-handed and right-handed.

Of course, Song Yang will definitely not be so rough and let people take advantage of it. American Telecom will definitely “reorganize” and introduce new overseas institutions, foundations and other board members to form the board of directors, and then spend money to redeem this part of the equity. It is impossible for Yang to come forward in a blatant manner and let other institutions buy this part of American Telecom’s equity. Song Yang will kill the carbine again and buy it back from overseas institutions.

However, ICQ’s 51% stake in American Telecom, how much to sell, depends entirely on Song Yang’s mood. Back then, ICQ’s acquisition of American Telecom cost 50 billion US dollars in name. A symbolic event that kicked off the frenzy of the era of Internet mergers and acquisitions.

Today, the Internet industry is collapsed, and the telecommunications industry is also in turmoil. Even if everyone knows that American Telecom is actually very profitable, as long as it does not say anything, it will complain all day long about laying broadband lines, building mobile signal towers, and opening flagship electronic retail stores. When the business costs more dollars, the accounts can be filled.

This makes American Telecom’s valuation very low according to the current market conditions of the telecom industry, and may even be less than half or even one-third of the valuation when it was acquired by ICQ!

That is, American Telecom, as long as it pays ICQ at most, less than tens of billions of dollars, it can “redeeme” and leave ICQ cleanly without taking any debts. An Ran and others all disappeared.

When the limelight passes, America Telecom doesn’t need to hide it anymore. It can repair its performance and whitewash the hype. At that time, it can start to build momentum and go public. At that time, America Telecom can concoct the identity of a giant and go public. It is not impossible to have a valuation of 100 million, or even 100 billion US dollars!

At this time, Song Yang and Marcus have set up the stage, and Eiger doesn’t know how to climb up.

After Marcus finished speaking, Iger said with a “sad” face about being kicked out of the ICQ family, “America Telecom will find investors as soon as possible to complete this deal with ICQ!”

Looking at it like this, he put a cash cow in his pocket. Brian Roberts was amazed, and felt that he was still a little timid. It is estimated that Wall Street institutions would cry when they saw it. It is said that they are dark-hearted, but they are not so flamboyant.

“ICNC TV merged with NBC Group, and still retains the NBC brand, but in the future, NBC Group will belong to ICNC TV station management, and Bob Wright will be the vice president of ICNC TV station!”

Song Yang made a final decision, fighting openly and secretly, and the long-standing dispute between ICNC TV station and NBC Group finally came to an end. Andy Lake was ecstatic, and Bob Wright was full of helplessness, but there was nothing he could do.

“Universal Pictures will be sold to Western Pictures, and Universal Music will be sold to Saipan Music Store…”

Song Yang’s big split of ICQ is still not over. Brian Roberts, Ron Meyer, Doug Morris and others who heard it are all terrified. Ah, I’m a little bit careless about selling all of ICQ’s wealth to a company that owns it.

“ICQ will complete these transactions in the form of cash and equity transactions. In the future, ICQ will cross shareholding with Western Films, Saipan Music Store, etc. In addition, it will have enough cash to survive the immediate crisis, and…”

Song Yang looked around at the people in the conference room, amidst their expressions of shock, surprise, helplessness, and numbness, he said slowly, “Start a new merger and acquisition!”

Nasdaq exchange, ICQ is no surprise, once again became the focus of the audience, countless Wall Street institutions, investors, overseas funds, etc., are all staring at the stock price of ICQ.

ICQ is the wind vane of the Internet, and it can even be said to be the epitome of the Internet in Silicon Valley. Whether the Internet can be saved or not depends on the performance of ICQ this time. If Song Yang can’t hold back the sports car ICQ that is rushing down the cliff, then other institutions Don’t bother, I’m too lazy to pay attention to other Internet companies, at least in a few years, the Internet will be dead!

By noon, ICQ, whose stock price had risen a lot today, suddenly began to dive, and then news spread in the market that Song Yang split the cash cow of American Telecom from ICQ.

Everyone knows what the real situation of American Telecom is. Hearing that Song Yang is going to sell American Telecom, many analysts on Wall Street feel that people are stupid. This is completely unscientific!

Since the afternoon, the stock price of ICQ has been like a diver, diving one after another, making the leeks who enter the market today and want to fish in troubled waters to make a profit, the face of losing money is green.

American Telecom was sold, Universal Pictures was sold, and Universal Music was sold. When Immelt’s hard-earned family property was sold by Song Yang one after another, everyone was a little numb. , They feel that Song Yang is not here to save ICQ, but because he is afraid that ICQ will not die fast enough, so he pulls out the oxygen tank in advance.

The entire Silicon Valley and the Internet industry have been numb by all kinds of gossip. Today, being led by ICQ, the entire Internet concept stocks are performing diving, and each one is more tragic than the other.

Just as Nasdaq was closing, ICQ’s stock price suddenly started to go crazy. It was diving before, but now it’s like a rocket, and the stock price started to go up crazily.

Many leeks were numb when they saw this scene, and the analysts of Wall Street institutions felt an inexplicable familiarity with this scene, as if they had experienced it somewhere…

After the market closed, Xueleshan Game Company issued a statement announcing that there would be important announcements.

Sierra Games has not been announced yet, but the media in Silicon Valley and Wall Street have already published the headline, “ICQ will acquire Sierra Games!”

(end of this chapter)