Chapter 928 Return
Kravis is an old expert in leveraged buyouts. At that time, he made a large-scale acquisition of the food and tobacco giant Nabisco, and also acquired a large number of companies, large and small. After acquiring the shares, he resold them and made a huge profit.
The title of Barbarian at the Gate of Wall Street was not earned for nothing, but was earned by Kravis through his victories one after another.
But even Kravis, who was bold and had been a barbarian many times, couldn't help but be shocked when Song Yang mentioned General Electric!
Putting down the wine glass, Kravis' expression became serious and he looked Song Yang up and down. He had been working with Song Yang for a long time and had already figured out Song Yang's character.
Looking at Song Yang's expression, Kravis knew that Song Yang was really not joking with him, which made Kravis feel dizzy for a moment.
"Song, General Electric is not that...easy to attack!" Kravis said to Song Yang with a headache.
A skinny camel is bigger than a horse. Now General Electric has encountered some small troubles, but it is still a behemoth. Even Kravis felt a little numb when he heard the name General Electric. Welch named General Electric
It was too huge and too bluffing.
Song Yang was not surprised when he heard what Kravis said. As a giant company that has always been the world's largest market capitalization company, General Electric has acquired thousands of companies. In the past, only General Electric took the share of other companies.
, who dares to take advantage of General Electric?!
However, it is not disrespectful to reciprocate. Previously, Immelt used General Electric to "help" ICQ acquire NBC Group, Comcast Group, Bronfman Group and a large number of other companies. Of course,
The status of ICQ's major shareholder was also taken away by Immelt.
Now that General Electric is in trouble, it is naturally time for Song Yang to "repay" Immelt and "help" Immelt get General Electric through the difficulties. In the beginning, Immelt took away ICQ
Now that Song Yang is helping GE tide over the difficulties, he can also collect a "little" interest. Isn't that excessive?!
After laughing, Song Yang looked at Kravis and said, "No one can eat General Electric, at least not yet. Welch has made General Electric too powerful, but...
Now that GE is at its weakest in recent years, it is not impossible to take something away from GE!"
When Kravis heard this, he still had doubts. After thinking for a moment, he said, "Song, you want to take back the controlling stake in ICQ?!"
After thinking about it, Kravis felt that what was involved between Song Yang and Immelt was probably the controlling stake in ICQ. After all, Song Yang was the founder of ICQ, but now ICQ was left out. The Internet is currently in a recession.
, but the broken copper and tiles in your own house are also your own, and you must take them back!
"It's not just ICQ. Now that we've taken action, we definitely can't give up halfway. It's better to finish the matter at once if it offends people!"
Song Yang said calmly, Song Yang was obviously mentally prepared for offending Immelt and General Electric.
Since he has already offended, it is better to offend him completely. Even if Song Yang is willing to stop, Immelt probably won't be grateful to Song Yang. He might as well cut a handful of General Electric's leeks, since he has already offended someone.
As for whether to worry about the retaliation of Immelt and GE, that is a matter for the future. Anyway, the two sides will be enemies from now on. If Immelt has the ability, he will find another place to add some trouble to Song Yang's side.
Even taking away ICQ, Alcatel mobile phones, PayPal, etc., this is just because Immelt is powerful.
On the contrary, as long as there is a chance, Song Yang will go up and cut a piece of fat from General Electric, such as the financial department, medical department, engine department, aerospace equipment, military industry department, etc., if there is a chance, Song Yang will come down
Once you start, you won't show any mercy!
Kravis slapped his face hard, but after only thinking for a few seconds, Kravis nodded, willing to side with Song Yang to plan General Electric.
Kravis had no choice. His KKR Group was actually bound to Song Yang. Even though there was no alliance agreement between the two parties, the outside world basically regarded the KKR Group as Song Yang's thugs.
Whether Kravis admits it or not.
If Song Yang is unlucky someday in the future, then Kravis and the KKR Group will not be much better off. Those opponents will still deal with the KKR Group, regardless of whether he takes action or not.
Knowing that he couldn't avoid it, Kravis might as well take the initiative. When it comes to offending people, Kravis can do it much better than Song Yang, and he is no worse than Immelt and the General Electric family. Although his opponent this time is really
He is a big man and can cut leeks, but will he stop just because the leeks grow tall?!
When Welch walked into the GE headquarters office building again, he obviously felt strange.
"President Welch!"
When GE executives and employees saw Welch, they all looked a little surprised and inexplicable. Although they were still full of respect when facing Welch, there was a slight sense of alienation and a little bit of awe.
Even though he was perfunctory, Welch could still clearly feel it.
Welch also understands the mentality of these people. He has indeed worked hard for GE, but he has retired. Now GE belongs to Immelt, and Immelt is the one who can decide every employee of GE.
It was Welch who had the career destiny of staying, getting promoted, and getting a raise, not him.
He sighed slightly in his heart. The reason why Welch didn't want to retire and come here again was because he didn't want to experience this huge sense of gap. Even a mentally strong person would probably feel a sense of loss when he experienced this sense of gap.
He couldn't help but want to regain his power, but in the end he made a huge fuss.
This is also one of the reasons why many of America's top professional managers, such as Disney Emperor Eisner and Sprint President, are unwilling to retire even when they are old.
He turned into a little old man that no one cares about. The gap is really too big, and his body will collapse soon.
Upon hearing the news of Welch's arrival, Immelt immediately rushed out with his senior executives. Facing Welch, Immelt still looked the same as when he was working under Welch, humble and elegant.
Erqi maintained a respectful expression.
But Welch, looking at Immelt in front of him, felt a huge sense of strangeness. He seemed humble, but Welch heard that what Immelt did was not humble at all.
The eight department heads who were selected by Qi to compete with Immelt for the leadership of GE have all left. Over the past year, earth-shaking changes have taken place among GE’s executives and even board members.
Variety.
Welch's subordinates for many years have long since disappeared. Some have been transferred overseas to serve as supervisors, and some have been directly "retired". In just over a year, Welch's influence in GE has been reduced to the naked eye.
With the visible decline, within two or three years, Welch will probably become one of General Electric’s historical names.
However, Welch also knew that Immelt could not be blamed for this. He even admired Immelt's methods. He could calmly take the entire General Electric into his own hands, although his methods were a bit excessive.
After a few minutes, all the opponents competing for the leadership were driven away.
You must know that the managers competing with Immelt are all top professional managers in America. Even if they leave General Electric and go to other companies, they are still presidents. Welch is thinking, Immelt
Erte can make those people stay and help Immelt handle things.
But Immelt obviously didn't want to be in so much trouble and chose a shortcut to kick them all out. This would allow Immelt to quickly control the entire General Electric, but there were also some troubles. General Electric's top talents were not enough...
…
"Mr. Welch, before you came, why didn't you inform me that I should have asked General Electric to hold a welcome ceremony for you this time. This is the treatment you deserve!"
Immelt personally made a cup of coffee for Welch. Everything seemed to be the same as before, except that this time Immelt naturally sat in the chair that belonged to the head of General Electric.
Then give in to Welch or something.
Welch saw this small gesture and just laughed without saying anything else or commenting on Immelt's behavior since he took office. Welch knew that it was meaningless.
Welch said directly, "I heard that General Electric has encountered some troubles recently!"
Chapter completed!