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Chapter 936 Booty

"For US$34 billion, ICQ once again completed a shocking merger!"

"ICQ and Bronfman Group reached a merger, and Universal Pictures and Universal Music were transferred to ICQ!"

"The sword points to a market value of US$400 billion. Wall Street analysts have made an estimate of a market value of US$400 billion for ICQ."

"ICQ's stock price soared 6% that day, and its market value exceeded US$380 billion!"

"On the first day he took office, Yin Maert completed two transactions totaling nearly 70 billion U.S. dollars, demonstrating the strength of the world's number one professional manager."

The New York Times frantically praised Yin Melt, acquiring 9% of ICQ's equity from Song Yang, and completing the merger of Bronfman Group, two major mergers and acquisitions in one day. Yin Melt's ability to control the market,

Highly praised by the New York Times, Immelt used two transactions to tell the outside world why he could become the new head of General Electric as soon as he came on board!

"Of course, we cannot forget those who have made sacrifices for ICQ's major mergers and acquisitions. Mr. Bruno Song has retreated to ICQ's third largest shareholder and holds less than 10% of ICQ's equity.

We have no way of judging the decision made by the richest man, but history has shown time and again that companies sold at high prices will eventually regret it, just like Paul Allen when he sold Microsoft stock!

Edgar Bronfman Jr. may have made the most correct decision since taking over the Bronfman family. At the media conference, Edgar Bronfman Jr. declared that he would not be satisfied with being the first ICQ member.

Four major shareholders!”

The New York Times finally "kindly" praised Song Yang for his sacrifice for ICQ. However, no matter how you read the report, it was a bit ironic, thinking that Song Yang sold out prematurely for the "petty profit" in front of him.

ICQ's equity will definitely be regretted in the future.

The Wall Street Journal also praised ICQ’s acquisition of the Bronfman Group, saying, “America’s first big deal after Christmas, the significance of the acquisition of the Bronfman Group needs no elaboration. The completion of this merger has

This means that ICQ has truly become a giant company spanning many industries such as the Internet, media, telecommunications, entertainment, etc.!

Of course, everything depends on the performance of ICQ in the third quarter of this year before we can make a final conclusion, but Yinmelt is definitely an excellent strategic master!"

The Wall Street Journal report did not directly praise it, saying that it would still have to wait for the results to come out before drawing a conclusion, but it was still very optimistic about the deal led by Inmelt.

When the news of ICQ's acquisition of Bronfman Group came out, major financial, financial, Internet, technology, entertainment and other media began to cover it overwhelmingly.

Compared with the past, this time because it involved the Hollywood company, the entertainment media in Los Angeles also joined the reporting camp, making the news this time much bigger than the last major merger!

Many tabloids in Los Angeles actually joined in the report. Regardless of whether it loses money or not, Universal Music is now the world's largest music group, with a large number of top singers. Now these singers and artists are following Western Music

Together, we changed the door and courtyard.

According to reports from various media, the stock prices of ICQ and General Electric have soared, which has driven up the media and entertainment stocks, and they have all risen sharply today.

In the hotel, little Edgar, who had just taken a bath, was holding a wine glass and reading the newspaper brought by his subordinates comfortably.

In the past, little Edgar was unwilling to read these newspapers. As long as the news involved him and the Bronfman family, nine times out of ten, it would not be good news.

But today is different. Most of the media praised Edgar Jr. for making a wise deal. He exchanged the declining and loss-making Bronfman Group for 9% of ICQ's equity. No matter how you look at it, it was a huge profit.

One stroke.

Especially when he read the New York Times review and saw the mocking comments about Song Yang's eccentricity, little Edgar couldn't help but laugh out loud.

After drinking a sip of wine, little Edgar snorted and prepared to get up to attend the celebration dinner in the evening. He looked back at the photo of Song Yang in the newspaper. Little Edgar laughed contemptuously, "Everything has just begun.

!”

After this merger was completed, ICQ's stock price immediately soared, and the value of the equity held by the Bronfman family also increased by more than one billion U.S. dollars, proving that Edgar Jr. had not been cheated.

This also makes little Edgar, who has been suppressed for several years, feel like he has been relieved of his shackles and burdens. He has been cheated before, but this time, he wants to earn it all back!

The cell phone placed next to him vibrated again. Little Edgar's excitement was extinguished when he saw the old Bronfman on the caller ID.

Little Edgar knew that old Bronfman must be dissatisfied with his decision and had a lot to say to him, but now, little Edgar Bronfman didn't want to listen to those nonsense, he wanted to wait until ICQ

When the market value exceeded US$400 billion or even US$500 billion, he returned to Canada in person to prove to old Bronfman who was the right person!

After hanging up the phone, little Edgar Bronfman was going to change clothes and attend the evening banquet. There were several waves of media that wanted to interview him today.

Little Edgar experienced the benefit of owning a media empire, which was to be able to whitewash himself. Yinmelt arranged for IBC and other media to conduct an exclusive interview with Edgar Bronfman Jr., allowing people to "re-recognize" him.

Little Edgar.

If we do this kind of interview a few more times, little Edgar might be able to be cleansed. The things he did in the past can be reinterpreted, and the blame can be passed on to others. Little Edgar is still a wise man.

Yes, I was just deceived...

Welch, who was retired at home, looked through the reports in his hands. When he saw that Yin Melt used all the cash flow to exchange for the ICQ equity in Song Yang's hands, Welch frowned and unconsciously touched the table with his hand.

I called the phone, but it turned out to be empty.

Only then did Welch realize that he was no longer in GE's headquarters office, but in his own garden.

After hesitating for a while, Welch finally sighed. He felt that Immelt's operation was a bit too risky. Welch knew how much cash flow there was in GE's account. After this wave,

The cash flow is really going to be squandered. Without cash flow, the risk is very high. If you encounter some storms, you may be in bad luck.

Listening to his wife Susan's cry for him to go to church with him, Welch finally put down the newspaper and went out with Susan. Then a gust of wind blew the newspaper to the ground.

Welch has already retired. If he still gives instructions to Immelt at this time, even if Immelt can accept those suggestions, there will inevitably be rumors within GE, and even Welch is unwilling to actually retire.

, Welch didn't want those rumors to appear and eventually cause internal strife within GE. Even if Welch was a little worried, he had no choice but to give up.

Any giant company has factions, and General Electric is no exception. With Welch's retirement, his former confidants have gradually left the management. At this time, if Welch shows his disapproval of Yin Mei,

If Erte is dissatisfied and even thinks of coming back, Welch's group of confidants and the old people from Welch's period will definitely jump out and fight with Immelt. After all, who is willing to give up the power in their hands?

Therefore, even though he was a little worried about Immelt's decision, which seemed too radical and risky, in the end Welch remained silent and let go of the General Electric matter. He had retired and those matters would turn around.

He doesn't have to worry anymore...

Several companies under the Bronfman Group are also in chaos at this time. Some executives of Universal Pictures and Universal Music are still slightly aware of this merger. As for ordinary employees, they are completely confused and have no idea.

Knowing what was going on, I saw an internal announcement from the headquarters, stating that the major sponsor had been changed, and from now on, they would be an Internet technology company...

When the staff at Universal Music Headquarters saw that their boss, Universal Music President Doug Morris, was in a hurry, they asked people to prepare a business plane and prepare to go to the new headquarters to meet with the big sponsor.

"Damn, that Ron Meyer guy has already gone to the party!"

Of course, Doug Morris had heard about the merger a long time ago, but he didn't expect it to be so fast. He didn't expect that Ron Meyer, a guy who adapts to the situation, would run over so quickly and go to the big company.

The sponsor was so courteous that he was so shameless. After all, he was also one of the big shots in Hollywood. Doug Morris felt that he was a bit thin-skinned. No wonder he wasn't as good as Ron Meyer in the film.

Degas was doing well with his men.

"Eric, now it's time for RICK Company to receive the spoils of war!"

The banquet held by General Electric was very grand. Song Yang looked at Edgar Bronfman Jr. who was surrounded by people and praised him in the crowd. He raised his glass from a distance, gestured to the other party, and then called the president of RICK, who is also now the president of RICK.
Chapter completed!
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