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American Fortune Life - Chapter 1245

Published at 7th of November 2021 08:13:24 AM


Chapter 1245: 1245

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Whether it's NBC TV or universal pictures, most people are optimistic about Andy Smith's potential as their new boss, except for some executives.

General Electric, the parent company, is not very focused on NBC Global's management, but only regards it as a member of many subsidiaries, so for the management, it can have a lot of freedom.

Of course, NBC Global's management also knows that GE has long been faced with the call of investors to consider selling NBC global, which is the loudest call when NBC Global's profit declines.

The loss of the parent company's financial services company exceeded expectations and had to raise funds. If the shares of NBC global were sold in part or in full, it would definitely help the company avoid raising more funds by issuing new shares.

NBC Global's executives are very clear that the deal is almost a great possibility to be achieved, and Andy Smith, a young man who has dealt with him, knows that although he is also a person willing to delegate power, it does not mean that his control Yu is low, but it is more strict.

In a word, the management of NBC global knows that when that young man takes the lead, there will be a power change. The existing power structure will be built around Andy Smith again, and the competition will become more intense.

You know, this young boss is very famous for his ability to summon people in the workplace. He uses the CEO of an indecisive media group to help a group of professional managers to make profits.

Of course, the news of Andy's acquisition of NBC global did not come out without any moths. For example, in May this year, he announced the acquisition of Plaxo, an old social networking site. By integrating all the products and services of the latter, Comcast, which makes it easy for cable TV users to access these services through set-top boxes and other devices, originally their next acquisition target was social networking sites Facebook or media giant Viacom.

When it was learned from the news that NBC Universal had the intention to sell, Ralph Robert, the co-founder of Comcast, called Jeff Immelt to express his friendship and exchange views, hoping to conduct in-depth investigation of cloud cloud on NBC Universal.

There are bidders, which are naturally the seller's favorite. However, Andy is not an idiot. He has long prevented this. He has signed an exclusive agreement. If he breaches the contract, he will not only pay $100 million in liquidated damages, but also face the situation that Andy can be sued to court at any time. After the termination, the transaction negotiated by using electricity will not pay off at all.

Of course, this doesn't prevent Jeff Immelt from using the new bidders to increase the bargaining chips, but the idea is good, and the problem is that Andy has to take over.

On the morning of October 4, Andy saw the rumor that he intended to be spread in the news of his acquisition of NBC global from various media. He couldn't help sneering.

Shopping malls are like battlefields!

It's nothing wrong to pursue the maximization of interests. He naturally knows what's going on with the suddenly emerging bidders. However, he doesn't worry about it at all, especially Comcast, the largest cable TV operator in the United States. With only one antitrust, Andy can kill it.

Especially after the media reported that the competitors including Time Warner and News Corporation clearly stated that they would not interfere in Andy's acquisition of NBC global, this undoubtedly increased Andy's chances of success.

For the emergence of Comcast, Andy didn't fight back through the media power in his hand, but logged into his Facebook account and updated a text.

"Do you want to unfairly prevent any force from entering the expanding online video market, and let 17 million high-speed Internet users only have access to the online content controlled by you? Stop pretending to sleep, wake up! This is the United States. There's antitrust law! "

"Poof -"

"cluck... You are really sharp enough. It seems that Comcast is in trouble. " Ivana, wearing a bathrobe and covering her wet hair with a bath towel, sits next to Andy and laughs when she sees the updated content in the Facebook.

Andy raised his chin a little and said with a wry sneer from the corner of his mouth, "some people are used to stretching out their hands. Since they send their faces for smoking, I don't mind waking him up!"

Andy's Facebook followers have been over 100 million for a long time. His updated content quickly spread across the whole network in the morning. Almost everyone has paid attention to the blatant merger and acquisition of NBC global. Naturally, many people have seen the rumors reported by the media.

For Andy to make such a quick and sharp response, let many people feel surprised at the same time, but also feel a sharp murderous spirit.

You know, a series of recent events have depressed Andy, but at the same time, he is also full of anger. Watching one by one prehistoric monsters devour the strongest and most delicious prey recklessly, he can only watch and eat some bones and soup behind him, which is quite unpleasant.

When there is no place to send Xie, someone sent him to look for a smoke. How could Andy not fit in? He would like to show off his tusks. All the other cats and dogs think he doesn't exist and want to snatch food from his mouth.Badstone was informed of an orderly sell-off of $3 billion of Ge shares that had just arrived yesterday.

Immediately, at about 10:30 a.m., he received a phone call from CEO Jeff of Ge. After the exchange of greetings, Jeff brought the topic to the Comcast consultation call he received last night. Listening to Jeff's narration, Andy could not help chuckling and saying directly to him.

"The nature of my acquisition of NBC global is different from that of Comcast. Even if Comcast really intends to acquire NBC global, and is willing to pay the conditions that GE cannot refuse, or even break the contract, this transaction will fall under the anti-monopoly big bang of the U.S. government!

Believe me, Jeff, the end must be like this!

Believe in the details of the negotiation during this period, you should also be very clear. I am really sincere. Even in this economic environment, NBC Global's performance is declining, I am still willing to talk about M & A with a valuation of $22 billion. Jeff, I believe that GE's investors and the board of directors are very satisfied.

We can make things easier, can't we? "

For Comcast, Andy almost came to a firm conclusion with obvious threat tone, which made Jeff Immelt look slightly changed. Naturally, he was also quite uncomfortable. However, he also understood that if Andy's assumptions were tenable and no one made trouble, maybe Comcast could successfully acquire NBC global through you said.

But now there is an enemy like Andy. Basically, Comcast is out of business. Jeff is very positive about Andy's lethality. At that time, not only will they be out of the game, but even Ge will be beaten and puffed up. At the last stage of the transaction, they will be forced to stop. Tut, that's really going to be a super joke.

"Ha ha." There were two dry laughs from Jeff on the phone, and then he said, "Andy, it's a deal of 10 billion scale. The negotiation is just beginning. Many details need us to sit down and discuss slowly. What's more, the 20% shares held by Vivendi..."

"Didn't Bernard levy, CEO of Vivendi, say in the previous video conference that their shares in NBC global are non core assets, and they also recognized the valuation of NBC global at $220. I only need 55% - 60% of the shares, and I can buy GM alone, or 20% of Vivendi. What's the problem?"

Andy asked clearly. Of course, he was very clear about Jeff Immelt's thoughts. The negotiation team would report the details of the negotiation once a day. He felt that Jeff Immelt had put forward a very shameless proposal of empty handed White Wolf two days ago.

It's Ge selling 55% of its shares to Andy. They borrowed money from the bank to buy back 20% from Vivendi. As a result, Andy holds 55% of the shares and Ge 45%. The two companies form a new company and then control NBC global. The money they borrowed from the bank before will become the debt of the new company...

When Andy heard the idea, he didn't even have an interest in ridicule. He only said one thing, that's "what a beautiful thought!"

At Andy's words, Jeff Immelt knew that Andy didn't even want to take care of his proposal. He didn't mention it to himself, exchanged a few words and hung up.

"Don't give face, you're unkind, then don't blame me for falling into the trap, hum!" Andy's face was sneering and his eyes were cold. His perception of Jeff Immelt was even lower. He didn't include Ge in the next slaughter feast. But now it seems that some people don't know the importance of their lives if they don't let them die.




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