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Chapter 847: Painting a tiger is not an anti-dog

Popular recommendations: Beast Control: Pet Beasts just give me the bonds of heaven and the punishment of evil in the heavens: The Sims Emperor Lin Hongmeng, which started with the destruction of the pillars

If a person does something wrong and jumps into a pit, it is unlucky, then if the person keeps jumping into a pit and is constantly being slaughtered, it is not only unlucky, but also possible. His vision and mind may also have some problems...

Edgar Bronfman, the current boss of the Seagram Group and the head of the Bronfman family, is such a person.

The prophecy that "wealth is not rich for three generations" also has a market in America and Europe. Edgar Bronfmann doesn't believe this evil. He used to rely on his drink business to own wine brands such as Martell, Royal Salute, and Chivas. He could make money by lying down. Edgar Bronfmann didn't want it, and he had to mess with the Sigram Group to become an entertainment group.

Edgar Bronfman first bought 15% of Time Warner's equity, and then bought a number of industries such as Universal Music, Universal Film and Television, Universal Studios from Panasonic. The money for buying these things was Edgar Bronfman, who sold the DuPont equity he bought that year and exchanged it for $8.8 billion.

Two years later, DuPont's stock price rose sharply, and the value of this part of the equity reached 16 billion US dollars, which means that if you don't do anything for two years, you can earn more than 10 billion US dollars while lying down. He must not let it go, and he will throw it out of his hands.

Edgar Bronfman wanted to completely change the Sigram Group, and even several brands of the wine business were sold to Diageo and Pernod Riga, Universal Pictures' cable TV station, which was priced at $1.5 billion, and sold to Barry Diller. Last year, Barry Diller developed the TV network composed of this TV station into a TV network with revenue of $4.6 billion!

According to the current TV network market, if nothing unexpected happens, Barry Diller can sell the TV network in his hands at a sky-high price.

What hurts Seagram Group the most is the world's largest record group formed by Edgar Bronfman. This year, Edgar Bronfman acquired Polygon Records for US$10.6 billion, making Universal Music the largest record group!

It seems to be incredible, but in fact, Edgar Bronfman has almost lost all the money he has left behind. The cash flow in the original account was basically emptied and he still owed a lot of debts. If nothing unexpected happens, the performance of Sigram Group in recent years has basically been filling holes. If anyone can't play well, Sigram Group will have to be compensated.

Although the media dare not blatantly scold Edgar Bronfman, many media have already called Edgar Bronfman by bending their names. These transactions of Edgar Bronfman "may be the stupidest transactions in the media industry!"

Others' acquisitions are all about snakes swallowing elephants, and after the acquisition, Edgar Bronfman makes a big profit. Edgar Bronfman does the opposite. Every time he plays, his family's wealth will be a little less.

But it is precisely because of this that Yin Melt targets the Seagram Group. If Edgar Bronfman has outstanding abilities or controls the Seagram Group, it is still the old Bronfman, Yin Melt will not dare to beat Seagram!

"Sigram's financial problems should have reached its limit, and ICQ will definitely be able to win Seagram.

I am planning to complete the merger and acquisition of Sigram Group at a price of less than US$40 billion!”

While eating the meal, Yin Melt proposed to Song Yang a "careless" attitude a large merger of up to $30 to $40 billion. This kind of big merger of up to $30 billion was decided by a joke, which completely showed Yin Melt's ability and status.

Gallo, who was sitting beside him, was stunned. This kind of thing that instantly determined the fate of hundreds of billions of dollars and more than tens of thousands of employees was indeed enough to pretend to be green, which made Gallo even more. This is the style of America's largest professional manager and one of the most powerful men...

"After the acquisition is completed, the entertainment group under Sigram belongs to ICQ, and the remaining wine and beverage businesses will be split. I heard that Song you have invested in RICK, a luxury goods company. If you are interested, you can participate in the auction!"

With the acquisition of Sigram Group, Yin Melt is preparing to stay until the end of the year. When he takes office at the beginning of next year, he will come to the business after taking office, as his first big move.

This will kill two birds with one stone. On the one hand, it will establish its authority on GE and prove its ability to the GE board of directors. On the other hand, it will also want to fully control ICQ through this merger and acquisition!

Yin Melt's office palace fighting skills are not all aimed at opponents, but also have the means to win over. The wine business of Sigram Group and sell it to RICK Group is used to win over Song Yang. He told Song Yang that as long as he agrees with Yin Melt's plan, the benefits will definitely be Song Yang's.

Carrots in one hand and big sticks in the other hand. This is Yin Melt's method. It is said that it is auctioning Sigram's wine industry. At that time, it will basically be a process and give the wine brand to RICK.

As a professional manager, Yin Meilt cares about only salary, bonuses, dividends, stock price, etc. If selling a few brands will cause losses to shareholders of General Electric and ICQ? Yin Meilt cares at all, as long as the stock price does not fall!

Song Yang looked at Yin Melt, as if he was very interested in his proposal and showed no abnormalities.

Hearing that Yin Melt was about to operate and sold Sigram's wine brand to RICK, Song Yang couldn't help but exclaim, "If Eric heard this news, he would probably fly over immediately!"

Song Yang teased Eric, the current RICK president, "President Yin Melt, I absolutely support your decision. I believe that ICQ has you and can become a giant company like General Electric!"

Yin Meilt nodded with satisfaction. As long as Song Yang didn't want to fight with him, no one in the ICQ could compete with him, nor could Erin and Brian Roberts do it.

Looking at Song Yang in front of him, Yin Meilt felt that Song Yang was not as difficult as the rumors in the world. Anyway, for Yin Meilt, it has been quite smooth since his cooperation with Song Yang. Except for the split of the Xueleshan Game, Song Yang basically never refuted his request.

After eating, Yin Melt was about to leave. This trip to San Jose was a coronation ceremony for his career. Yin Melt had a great impression of the city of San Jose.

Yin Melt stood up and just as he was about to leave, news came from the TV station in the restaurant again, attracting everyone's attention.

"The latest news from AOL and Time Warner, AOL completed a merger and acquisition of Time Warner at a price of up to US$106.2 billion. This is the largest merger and acquisition in America's history!"

Yin Meilt turned his head and looked at the news reports on the giant screen TV in a daze. The news host said the news he just received in an excited tone, just like the previous report on ICQ's large merger and acquisition, but this time it was larger and more outrageous.

Looking at the news on TV, Yin Melt felt absurd in his heart. The first thought was not that AOL stole the venture capital of ICQ, and AOL's president Case suppressed him. But, is Time Warner worth $106.2 billion?

A Time Warner is more expensive than NBC Group and Comcast TV. Isn’t this just a silly thing? Case dares to take such a disk?!

"This is the beginning of a new era and the end of the old era. Time Warner will not disappear. AOL Group will appear in front of everyone with a brand new look!"

AOL President Case and Jerry Laiwen, the head of Time Warner, appeared in front of the media with a smile on his face. Like ICQ, AOL and Time Warner also announced the news through their own media.

In order to show the changes in Time Warner, Jerry Traveller deliberately did not wear a suit, but wore a favorite T-shirt and baseball cap for Silicon Valley practitioners, with AOL and Time Warner's logo printed on it, to show the difference between Time Warner and the past. At this moment, Jerry Traveller believed that the marriage with AOL was an opportunity for Time Warner, which could allow Time Warner to ride on the Internet and be reborn from the ashes.
Chapter completed!
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