When they heard that Song Yang was going to split up and reorganize icq, everyone present had various complicated expressions on their faces.

Don't look at it just now. Song Yang arrested people from all major departments and sprayed them all. But there is a difference between closeness and distance. Egger, Andy Lake and other "own people" are not worried at all at this time. They know that no matter what,

No matter how they are split and reorganized, they will not suffer any loss!

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 objections at this time. He just sat there and quietly watched Song Yang rebuild the icq empire. After all, even if he objected, it was of no use. He might as well be quiet.

"In the future, icq will focus on the social and media industries, telecommunications and other industries, and will be split into icq!"

Song Yang was the first to point his knife at America Telecom, but when Egger heard this, not only was he not dissatisfied, but he was even more hopeful.

Staying under the wings of icq, America Telecom will never be able to become a real telecommunications giant. The telecommunications industry is currently in a turbulent time. For most telecommunications companies, life is the most difficult time, but for some telecommunications companies,

Say, it’s the best time for hunting!

After coughing, Song Yang looked at Marcus, the newly minted financial director of icq, and immediately took out a plan that had been prepared in advance.

"American Telecom is not related to icq's main business and does not directly bring much revenue to icq. America Telecom should spin off icq.

America Telecom can "redeem" 51% of the equity held by icq at the "current" valuation of the telecommunications industry. icq can use this dollar bill to solve the current debt problem, allowing icq to go into battle with ease!"

Marcus spoke seriously, which made Brian Roberts and others jump in shame. According to Marcus, America Telecom is a burden. Only by getting rid of the burden of America Telecom can icq get up from the ground.

This reason is ridiculous. Brian Roberts feels that it is probably not accurate to say that America Telecom and icq are not compatible. What is America Telecom’s burden?!

America Telecom is the most profitable telecommunications company in America and even the global telecommunications industry. Not only in terms of revenue scale, but also in terms of profit margins, America Telecom far surpasses Telephone and Telegraph Group, Verizon, Southwestern Bell, Sprint and other peers.

Now America Telecom is engaged in the most profitable broadband, mobile Internet, and a series of "Moneternet" services, such as ring tones, MMS, data packages, etc., which makes America Telecom's revenue increase almost every year.

times.

It's just that thanks to the special agreement signed by Song Yang when icq merged with American Telecom, America Telecom's operations, finance, personnel, etc. are all run independently, which also makes America Telecom not subject to the constraints of icq's board of directors.

, it can clearly make a lot of money every year by doing its accounts, but it is unable to pay the icq board of directors, but instead requires icq to continue to allocate money to it for research and development.

America Telecom is definitely a cash cow, but the profit is not given to icq. Now it is no longer pretending, and it is a direct showdown. Song Yang directly dismantled icq and started his own business!

America Telecom's debts have all been borne by icq, which is also an important reason why icq can't breathe. Now America Telecom is leaving, gently, without taking away a cent of its debt...

….

As for how much money America Telecom will spend to "redeeme" icq's 51% stake, it depends on Song Yang's mood and whether he is evil or not. He is the major shareholder of icq and is also the major shareholder of America Telecom.

Basically, the house is left-hand and right-hand.

Of course, Song Yang will definitely not be so rough and let others take advantage of him. America Telecom will definitely "reorganize" and introduce new overseas institutions, foundations and the like to form the board of directors, and then spend money to redeem this part of the equity. Song

It is impossible for Yang to come forward openly and let other institutions buy this part of American Telecom's equity. Song Yang can then fight back and buy it back from overseas institutions.

But the price at which icq sells 51% of America Telecom's shares depends entirely on Song Yang's mood. When icq acquired America Telecom, it nominally cost 50 billion U.S. dollars, but in fact it did not.

There are so many, but it is also the landmark event that started the era of Internet mergers and acquisitions.

Nowadays, the Internet industry has collapsed, and the telecommunications industry is also in turmoil. Even though everyone knows that America Telecom is actually very profitable, as long as it does not say it, it complains all day long about laying broadband lines, building mobile signal towers, and opening electronic retail flagship stores.

When the business costs more dollars, the accounts can be filled up.

This means that according to the current market situation of the telecommunications industry, America Telecom's valuation may be very low, and may even be less than half or even one-third of the valuation when it was acquired by icq!

That is to say, America Telecom only needs to pay icq, at most, less than tens of billions of dollars, and it can "redeem" and leave icq cleanly without taking any debts. At the beginning, America Telecom had several major shareholders, including Telephone and Telegraph Group.

An Ran and others also disappeared into thin air.

When the limelight passes, America Telecom will no longer need to hide it. It will tinker with its performance and whitewash it. Then it will be able to start building momentum for its listing. At that time, America Telecom can concoct a giant status and go public to cut leeks. Five hundred

A valuation of US$100 billion or even US$100 billion is not impossible!

By this time, Song Yang and Marcus had set up the stage, but Egger still didn't know how to climb up the stage.

After Marcus finished speaking, Egger said with a "sad" face about being kicked out of the icq family, "America Telecom will find investors as soon as possible and complete this transaction with icq!"

Looking at this, he put a cash cow in his pocket by dividing five by three and putting it in his pocket. Brian Roberts was amazed when he saw it. He felt that he was a little timid. I guess Wall Street institutions would shed tears after seeing it.

They are said to have dark hearts, but they are not so playful.

"IC Television merged with NBC Group, and the NBC brand will still be retained, but in the future NBC Group will be managed by IC Television, with Bob Wright serving as Vice President of IC Television!"

Song Yang made the final decision, and the long-running battle between IC TV and NBC Group finally came to an end. Andy Lake was ecstatic, while Bob Wright looked helpless but helpless.

"Universal Pictures will be sold to Western Pictures, and Universal Music will be sold to Symbian Music Store..."

Song Yang's big breakup of icq is not over yet. Brian Roberts, Ron Meyer, Doug Morris and others were frightened when they heard this. Song Yang really dares to play, he really doesn't care about his appearance.

Ah, I sold all of ICQ's wealth to the company that I own. I really don't have any scruples...

"ICQ will complete these transactions through cash and equity transactions. In the future, ICQ will have cross-shareholdings with Western Pictures, Symbian Music Store, etc. In addition, it will have enough cash to survive the current crisis, and..."

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

As expected on the Nasdaq exchange, icq has once again become the focus of the audience. Countless Wall Street institutions, investors, overseas funds, etc. are all staring at icq's stock price.

icq is the vane of the Internet, and can even be said to be the epitome of the Silicon Valley Internet. Whether the Internet can be saved depends on the performance of icq this time. If Song Yang can't stop the icq sports car that is running down the cliff, then other institutions

Don’t worry, don’t bother with other Internet companies. At least within a few years, the Internet will be gone!

By noon, icq, whose stock price had risen a lot today, suddenly began to dive. Then news came out in the market that Song Yang had split America Telecom, a cash cow, from icq.

Everyone knows what the real situation of America Telecom is. When they heard that Song Yang was going to sell America Telecom, many analysts on Wall Street felt that they were stupid. This is completely unscientific!

Since the afternoon, icq's stock price has been like a diver, diving one after another. Those who entered the market today and wanted to make a profit by fishing in troubled waters have turned green in the face.

America Telecom was sold, Universal Pictures was sold, and Universal Music was sold. When the family assets that had been saved so hard during the Immelt period were sold to Song Yang one after another, everyone was a little numb.

Stupid, they felt that Song Yang was not going to save icq, but was afraid that icq would not die quickly enough, so he removed the oxygen tank in advance.

The entire Silicon Valley and Internet industry have been numbed by all kinds of gossip. Today, led by icq, the entire Internet concept stocks are performing a dive, each one jumping more miserably than the last.

Just when the Nasdaq was closing and some people were reluctant to cut their flesh, icq's stock price suddenly began to pull up wildly. It was diving before, but now it is like a rocket, and it has started to push up the stock price crazily.

Many leeks went numb when they saw this scene, and analysts from Wall Street institutions felt inexplicably familiar with this scene, as if they had experienced it somewhere...

After the market closed, Xueleshan Game Company issued a statement claiming that important matters would be announced.

Snow Mountain Games has not announced yet, but the media in Silicon Valley and Wall Street have already published headlines at this time, "ICQ will acquire Snow Mountain Games!"

..
Chapter completed!