Chapter 203

Chapter 203 If you are not crazy, you will not survive

This is inevitable, the construction site is not a good job, there are not many rednecks willing to enter, and Song Yang has strict requirements on the construction period, and Oswald Construction Company, which is short of manpower, naturally began to recruit Lao Mo and South American. Local people enter the engineering team.

Not only the Oswald Company, but also other American construction companies. In the next ten or eight years, most of those active in the American processing field will become construction companies and personnel in other overseas regions. , come here to earn foreign exchange.

Song Yang looked at the red-necked cowboys who had been following behind him, and knew what they meant. It was obvious that these Texas-born cowboys on the construction site of the American Investment Foundation building encouraged him to come here. Get some benefits.

   After thinking for a while, Song Yang turned his head and said to the person in charge of the cowboy, "At the end of the year, the management personnel of this construction site can get an extra year-end bonus as a subsidy!"

Song Yang needs some "insiders", even in name, to let the cowboys in Texas know that Song Yang is on their side, even if it's just a show, the personality and basic board must be consolidated , At a critical moment, it might be of great use. Buying something for zero yuan is nothing compared to hitting Capitol Hill...

Hearing Song Yang's words of "heart to" them, the person in charge of the cowboy's face was overjoyed, and immediately stopped muttering. Most of the management personnel on this construction site are people from Texas and Houston. The subsidies and bonuses are basically It was given to them.

  Entering the construction site, amidst the roar, Song Yang saw a large row of machinery under construction on the construction site, and more machinery and vehicles were rushing here.

  Looking at the construction site in front of him, after next year, Song Yang will have his own lair in America!

The cell phone rang, and after the connection, Iger's voice came. Even though Iger's voice was suppressed, I could still hear something unusual, "Boss, American Telecom's acquisition of CompuServe has been completed. It's about to be reached, William Cobb, the president of CompuServe's parent company Bullock Tax Company, has agreed to the acquisition, with a total acquisition amount of $970 million!"

  The key to the acquisition of CompuServe is still in the hands of Bullock Tax Company. Bullock agrees to this acquisition, which means that the acquisition has been completed.

   Song Yang nodded when he heard the purchase price. For CompuServe, this price is considered a big premium, but it is not as outrageous as UUNET.

   "After the acquisition is completed, let's make an announcement!" Song Yang explained to Eiger.

   After all, the acquisition of CompuServe was for sale. If the acquisition is not widely known, how can it be sold at a good price?

   Today is definitely the most special day for the telecommunications industry in America after the promulgation of the new telecommunications law.

  When UUNET was acquired at a price of 2.1 billion US dollars, which caused a sensation in the telecom industry, before the NASDAQ closed, there was another explosive news.

  The old Internet service provider, CompuServe, a 27-year-old Internet service provider, suddenly announced that it was acquired by American Telecom!

  When the media reported the acquisition, the entire American Telecom and Internet industry felt a sense of madness.

CompuServe, now has only a few million users. Although it is still barely profitable and claims to have an overseas market, it has long been inferior to AOL. In the dial-up Internet industry, AOL has been far behind. If not for this sudden After the news broke, countless people have begun to forget this company that first provided Internet services.

  But how can such a broken company be able to sell for a sky-high price of one billion dollars? !

   But sometimes, it's just so outrageous. In this era of Internet mania, no matter how bad it is, as long as you have a connection with the Internet, you can make a lot of money.

Almost as soon as the news came out, not only the stock price of Bullock Tax Corporation, the parent company that sold CompuServe, soared, but even the stock prices of Telephone and Telegraph Group and Enron, which are shareholders of American Telecom, soared. stunned.

  Wall Street institutions such as KKR Group, Goldman Sachs, Deutsche Bank Investment Bank, Merrill Lynch, etc., who dealt with this acquisition, frantically waved their flags for this acquisition.

"America Telecom, which acquired the telephone and telegraph group, broadband and Internet service business, after acquiring CompuServe, will once again gain a large number of users and markets in the fields of Internet information consulting, dial-up Internet access, online services, etc. America Telecom is already the top in America. Three telecom and dial-up Internet service providers!"

  In the Goldman Sachs analyst's report, America Telecom's acquisition of CompuServe was a stroke of genius, and the aging CompuServe company has also become a sweet pastry that many people scramble for, and was snatched by America Telecom.

Deutsche Bank Investment Bank and Merrill Lynch also boasted about this acquisition, "Currently, the broadband business only occupies less than 3% of the market share in the American communications industry, and because of the high cost, the speed of laying optical cables and bandwidth is difficult. To meet the needs of all American Internet users, it will be difficult for broadband services to replace dial-up Internet services in the next three to five years.

   America Telecom's investment in broadband business is to seize the future, and the acquisition of CompuServe is for the future. Among the nearly 50 million dial-up Internet users in America, America Telecom will definitely have a place! "

   Anyway, they let them say all the good things, American Telecom is right, and the acquisition of such a shabby Internet service company as CompuServe has become a just move.

  This is the advantage of having the support of Wall Street. You can always find reasons to support it. When you oppose a company, even if the company makes money, it can be demoted to nothing, as if it will go bankrupt tomorrow!

   Within a day, two shocking acquisitions suddenly broke out, and the entire telecommunications industry, which was already restless, began to move around. American Telecom and MFS felt like they had kicked off the big acquisitions in the history of the American industry.

  Born from Bell Corporation, Verizon, formerly known as Atlantic Bell, has rumored that it will merge with another Bell company. There are also rumors that it is also eyeing the largest telephone exchange company in America.

  Ralph, the founder of Comcast, officially announced the launch of broadband services, and Comcast will enter the Internet service field. The stock price of Comcast soared that day, which also marked that another telecom giant entered the Internet industry.

  The rest of the SBC, Chartered Communications, Princeton and other companies have also accelerated the issuance of bonds and funds, and they are obviously raising money to prepare for a big fight.

  America's media industry is not to be outdone. Disney is flirting with ABC Group, Iger's former owner, and Time Warner is even rumored to be preparing to acquire Turner Broadcasting for more than $9 billion.

The new telecommunications bill opened up the American market, allowing Murdoch's News Corporation, a multinational giant, to accelerate its capture of the American market, and once again spent more than three billion US dollars to allow the established Fox TV station to acquire New World Communications , the latter has television stations in 22 states in America, and Murdoch wants to build Fox into a television network across America.

  The entire telecommunications and media industries, because of today's two acquisitions, have been stimulated by demons.

   However, it was the other two companies that were more stimulated, and WorldCom was one of them.

  In the WorldCom headquarters building, those who work here today dare not walk hard, let alone make a sound.

  WorldCom lost to MFS, which made Bernard Ebbes furious. From the moment the acquisition failed, Ebbes called all the executives of WorldCom into the conference room.

  The staff of Shitong outside had no way of knowing what happened inside, but through the thick conference room door, they could hear the roar of Ebes, and they could know what was going on inside.

  Among the ordinary employees of WorldCom, Ebes has always had a good image, but today's outburst of anger is enough to show how he is feeling at the moment.

   "The financial department, do you think MFS will not give UUNET a price of more than two billion US dollars?!"

  In the conference room, Ebes stared at the executives responsible for the acquisition of UUNET with an unfriendly expression. Those who were stared at by Ebes lowered their heads, not daring to look at the angry telecom emperor.

   Ebes smiled angrily. He hunted geese all the year round, but he was pecked by geese twice this year. ShiCom, which started out as a buyer, has always been the only one to grab other people's shares, and this time it was actually robbed!

"MFS's bid has seriously overestimated UUNET's price of 2.1 billion U.S. dollars. If you get it, it will be difficult for MFS to digest it!" The executive in charge of the acquisition complained endlessly. Such an outrageous price.

   Ebes looked at the person in charge of acquisitions, whom he used to regard as his right-hand man, with an uneasy expression, but now he felt that he could not keep up with WorldCom's footsteps at all!

   "Whether it can be digested or not, MFS will get the future when it gets UUNET, but WorldCom has no such opportunity at all!" Ebes said angrily.

Seeing that the people in the conference room were about to be sprayed into autism by Ebes, Scott, as Ebes' confidant, had to stand up, "Now is not the time to pursue this matter, but what to do, the acquisition of UUNET failed , has made Wall Street and investors distrust WorldCom."

   Ebes took a deep breath, knowing that it is useless to get angry again at this time, and keeping the stock price is the key.

   "James Crow thinks he won, and he still wants to be the one who decides Amerika Telecom?"

Ebes said with a sneer, and slapped the table hard, "As I said, no one can stop WorldCom, not even MFS. If it buys UUNET, then WorldCom will get UUNET back from it, and it will have to add interest." !"

   "WorldCom acquires MFS Corporation!"

   Ebes found the next target for WorldCom. The people in the entire WorldCom conference room were stunned at the ambitious Ebes, and no one dared to speak out to stop him.

  The same as WorldCom, there is also AOL, which has been proud of itself this year.

   EDG is awesome!

   Today is Saturday!

  (end of this chapter)