Chapter 60

"Brooke, what's going on? How did Cisco acquire MCI Steve Case asked with a very serious expression.

"There is something wrong with the finance of MCI company. The management makes false accounts and misappropriates the company's funds to invest in stocks, resulting in a loss of $250 million! As soon as the news came out, the stock price of MCI company plummeted. Before I came, the market value of MCI company had dropped from $15 billion to $8 billion!!! Now, the U.S. Bureau of investigation has conducted a financial investigation on MCI company, and the relevant personnel involved have been taken away by the police! " Ford Brooke shook his head.

"Grass!" Steve Case couldn't help yelling, "what a bunch of idiots!"

MCI company's death is not a pity, but you TMD don't even tired ah! Steve Case's face is gloomy and almost dripping. MCI company is a very important partner of AOL. AOL can provide Internet access services to users and promote its products by renting the network channel of MCI company! Once MCI company is acquired by Cisco, the result can be imagined that AOL is like being beheaded by someone!!!

Steve is very unwilling, calm face, not a hair!

The atmosphere in the office was extremely quiet. Ford Brooke knew Steve was thinking. He didn't dare to disturb him. He was still thinking about countermeasures!

After a while, Steve Case said in a deep voice: "such a big merger can't be completed in a moment!"

"Yes, it takes a lot of time just to evaluate assets!" Ford Brooke nodded, "in fact, MCI company itself is developing well, but there is something wrong with its internal management. I think Cisco is not the only company interested in MCI. There should be many companies interested in MCI!"!!! If Cisco wants to acquire MCI, it has to beat other competitors first! "

Steve case was silent for a moment, and suddenly said, "Brooke, I've decided to buy MCI!"

Steve's words were not surprising, and what he said immediately surprised Ford Brooke.

"Steve, AOL's total market value is only $9 billion. How can it swallow MCI?"

"You don't need a complete acquisition, you just need to hold shares!"

"However, it's not easy to control MCI. Although the stock price of MCI has fallen sharply, it still has a market value of more than 7 billion..." Ford Brooke shakes his head.

Steve Case said, "we can work with other telecom companies, such as sprint, WorldCom..."

"You mean the joint acquisition of MCI?"

"That's right!" Steve Case said confidently, "in this way, we have a great possibility to acquire MCI!"!!! Cisco has worldnet, AOL has MCI, so it's not known who will win! Even if we are at a disadvantage now, there are times when we can turn the tables! "

Ford Brooke nodded.

At this time, the phone rang, Steve's sexy secretary answered the phone, immediately, her face changed, flustered attached to Steve's ear, said: "CEO, Cisco just held a press conference, ready to bid $10 billion for MCI company!"

"10 billion dollars? How can they get so much money Steve Case said incredulously.

"Citibank and Morgan bank have expressed their willingness to provide loans to Cisco, while Cisco takes 20% of its shares as collateral!" As the Secretary said, she looked at Ford Brooke with a different color. She knew that Sequoia Capital was also a major shareholder of Cisco, but after several rounds of financing, Sequoia Capital's shares in Cisco had been diluted to 2.7%, even without a seat on the board of directors! And now, Cisco's market value has exceeded 50 billion, and in the current situation, the stock price will continue to rise, Sequoia Capital is afraid to have broken its heart!!!

Steve frowned as he heard the words. Cisco had already offered 10 billion yuan. AOL would have to join other companies to bid more than 10 billion yuan if it wanted to win MCI! But

Steve felt very powerless at that time. 10 billion is too much. Even if AOL is willing to put all its eggs in one basket and mortgage all its shares, other companies may not dare to go through this muddy water! Steve's original intention was to join hands with other companies to take control of MCI, but Cisco dumped 10 billion at once, and Steve was desperate!

"Steve, don't be nervous. Maybe Cisco is just bluffing and scaring away competitors!" Ford Brooke comforted.

"Whether Cisco is a real shot or a bluff, we have to unite more companies and twist them into a rope to fight against Cisco!" Steve Case didn't give up so easily, he said firmly.

"No problem. Sequoia Capital is responsible for uniting with other companies. We have contacts with the senior management of sprint and WorldCom!"

"Well, that's it!"

……

……

The acquisition of MCI is the biggest merger and acquisition case since Cisco was founded. Henry didn't want to acquire MCI so early. After all, the market value of MCI is too high! But now MCI has messed up. There have been bad events such as making false accounts and misappropriating company funds to speculate in stocks. Investors have very low confidence in MCI, and the stock price has plummeted.

If heaven does evil, it can still be disobeyed; Do not live without sin!

At this time, if Cisco doesn't eat MCI, it's just like Cisco!!!!

Under Henry's proposal, John Chambers and other company executives all approved. Citibank and Morgan bank are also very willing to lend to Cisco!

For MCI, Cisco is sure to win!!!

MCI not only has the most extensive Internet backbone in the United States, but also is the second largest long-distance telephone company in the United States! If Cisco acquires MCI, Henry will not only further his strength in the Internet, but also extend his tentacles to the telephone communication industry!!!

Worldnet is the backbone network. Cisco's Internet access service also needs to rent telephone lines from telephone companies. If it acquires MCI, the cost of Internet access fee will be minimized. Therefore, no matter from which aspect, Cisco's acquisition of MCI is an inevitable choice!!!

However, Cisco has many difficulties in acquiring MCI. MCI's large and small shareholders are very scattered, with the largest shareholder holding only 6.5% of the shares. Cisco has to work hard to get the controlling right or even privatize it. Because Cisco has many competitors!

In addition to AOL, at & T is also interested in MCI!!!

AOL is really powerful. It has contacted more than ten telecom companies, such as sprint, WorldCom, ANS and BBN, to compete for MCI company!

In contrast, Cisco is the weakest!

Hum, bullying us without brothers, right? Subsequently, Nicholas group said it would join hands with Cisco to acquire MCI.

The combined market value of Nicholas group and Cisco is close to 100 billion US dollars, even att! As for AOL, hehe, all of them add up to 60 billion at most（ I have something to do today. I'll update it in advance.)