Chapter 242 board of directors (1) Whitaker coughed softly and said, "So, everyone is here
" The clerk nodded and said," yes
" As he spoke, he looked at Pawn Wei to indicate his presence
The latter obviously should not sit on such an important board of directors
Whitaker looked at Huang Xuan while Xiao Huang pretended not to see him
Pawn Wei squinted at Aiken, who was about to speak
Mr
Mather immediately dispelled his desire to speak
It was an imposing manner
The momentum was not invisible, invisible, or inaudible
An imposing person would use his eyes, posture, or words to make the person next to him feel the pressure from the people around him until he was silent, and these people would indirectly affect more people
Just like at a ball, a person's anger can easily affect the people around them, which is a kind of imposing performance under special conditions
Similarly, in the office, a cold-faced boss will make the surrounding temperature lower
Momentum requires a carrier, not too much, but not too little
Force and coercion are the most effective, and power can play the same role, sometimes subtle, but not always
Just like the value of futures, 99 % of the people on the london metal exchange would not ask for it, nor would they be qualified to ask for physical delivery, but if there was no physical delivery, futures would be gambling
Without a doubt, Pawn Wei was a very imposing person-cao" cao" s evaluation of the" ancient evil comer," which was a ferocious momentum, more accurately, he was a person who made people fear
Aiken was scared
Without a doubt
Whitaker rubbed the corner of his mouth with his black olive and smiled again
" Close the door
Let's start
" Stephenson, who was sitting at the other end of the long table, relaxed slightly as he leaned back in his chair
If the directors fought - he had not received a similar education in his ten years as chief operating officer
No one spoke
Whitaker gestured to the secretary behind him and said," this document will determine the fate of sbc for a long time to come
I hope that the directors will seriously consider and make a decision
" Whitaker's stake was only 18 %, and he needed at least half of the people present to pass the document
Gently opening the cover, the word m & a appeared on the first line of the first paragraph
Huang Xuan smiled and then flipped down
Unsurprisingly, the target of the acquisition was at & t, the renowned american telecommunications representative and the biological father of little Baer
There was a faint exclamation from the board of directors
Although at & t's performance was declining, it was still an enterprise telecommunications giant
Most importantly, the Att Corporation's name was simply too loud
Before the" government" of the united states divided it into eight parts, it had monopolized the market for half a century
Even now, at & t still holds the two trump cards of long-distance and enterprise-level telecommunications services
Whitaker noticed that most of the people had already read the full contents of the document
" Well," he said," everyone, the acquisition of at & t is a half-year plan that the company's management has been working on
Now, it's a once-in-a-lifetime opportunity
" Whitaker's voice was calm and steady
Just two weeks ago, at & t released their business forecast for the second half of this year
Due to the influence of the internet phone, their income on long-distance calls could be reduced by 50 % in the second half of this year
At the same time, they were affected in many ways, such as suspicions of the economic downturn in the united states, competition from overseas companies, and so on
Revenue for companies, especially traditional multinational companies, has plummeted to only 70 % of the same period last year
In other words, this year's Att Corporation could cause losses of more than $ 5 billion
Everyone was in an uproar
Only shareholders such as huang xuan, who had already heard about it from different sources, could sit there calmly
" Last year, at & t's operating'sex'revenue was 65 billion, while its expenditure was 57 billion
If its revenue fell by 40 %, its profit would be only 39 billion us dollars, and its losses would be 18 billion us dollars, which its shareholders could not bear
Therefore, after our active negotiations with at & t, the other party basically agreed to the acquisition plan
" Whitaker said with a smug look on his face
If the deal succeeds, he will be the first in the us telecommunications industry
" What about the amount
" It was walsh of carlyle investment group
Carlyle investment group is a miracle of the american capital market
It is a low-key investment group with nuclear bomb equivalent
Their investment idea is to unite the global political leaders and invest mainly in the enterprises and industries established by the" governments" of various countries with certain policy advantages, such as defense product contractors
Or those companies that were greatly affected by the" government," such as telecommunications companies
They then hired key" government" personnel related to them and dabbled in the financial and aviation industries at the same time
The" government" that they united included: president bush, who was still governor of Dezhou, who visited south korea on behalf of the carlyle group after he left office and invested $ 1 billion
He hired George W
Bush, who had yet to enter politics, and took a stake in major arms groups after he took office
Appointing the former british prime minister, major, and making the prime minister and Soros, who had defeated the pound, work together
In addition, there are a lot of horns that are not familiar to the chinese: former vice president al
Gore (al gore and Rudolf Giuliani, former mayor of New York, and William kennard, president of the us federal communications commission) was absolutely certain that this walsh knew about the sbc's investment plan, because about two years ago, president William
Kennard approved sbc's long-distance telephone business in several states in the united states
At that time, carlyle group was the second largest shareholder of sbc
What made countless people imagine was that three months later, Mr
Kennard joined carlyle group, but he would obviously affect it
The first step for Southwest Baer to merge with the Att Corporation was to obtain the agreement
A standard american version of collusion, unlike china, was to lobby for innocence
Whitaker cooperated and said," 16 billion us dollars
"" Wow
" Someone shouted again
Whitaker smiled and said: "The price of at & t has reached its lowest point
When we acquire it, I can guarantee that we will be able to withdraw the investment in at least four years
According to our estimation, the merger with at & t will not only give us a lead in long-distance calls and corporate services, but also in our inherent business
You can also save $ 2 billion a year
"" Sounds good
" Aiken finally said," what do you think, chinese yellow
"" If you call me Mr
Huang, I would be even more grateful
" Huang Xuan grinned and said," that sounds good
" The two of them spoke as if they were waiving their rights
" We think it's absolutely wise to acquire at & t
This is a once-in-a-lifetime opportunity
" Stephenson knew that Aiken and Huang Xuan would not abstain, but neither of them wanted to talk first
But the former is the representative of Cleveland consortium, and the latter has the background of the Cleveland consortium
In terms of the total amount of funds, it is more than 30 billion us dollars of carlyle group
Whitaker, who had already understood the cause and effect, was obviously worried about the same thing
He didn't ask the third and fourth shareholders first
Instead, he started asking the other directors what they thought and what he meant
Still, he wanted to hold most of them back, and then the two young men had something on their mind
On the issue of m & a, It didn't matter
But surprisingly, Whitaker received only 40 % of the support, excluding nearly 20 % of the tradable shares
Most of the shareholders agreed to Whitaker's acquisition plan, but the problem was that it wasn't enough
Aiken smiled at Huang Xuan
Pawn Wei was already standing behind Huang Xuan, safe from the distance
From the information he obtained from his friends at the fbi, Huang Xuan clearly had a strong desire for sbc because the chinese had used almost all of their assets to buy sbc stocks, but Aiken gave up a wonderful night to read the information
Neither did Huang Xuan
Both sbc and at & t had hundreds of millions of patents, talent, and channels, and Mr
Mather wasn't experienced enough to discover the connection between mpge patents and bd
However, Aiken had already made up his mind to create a" mess
" Whitaker began the second round of description, trying to get more shareholders to agree to the acquisition plan, because it was clear that unless huang xuan and Aiken worked together, the agreement would not be reached at all
It soon became clear that this was a" mess
" As long as Aiken voted against it, the merger would probably end, and even if huang voted against it, it would still not be enough to entice Aiken to vote for 48 % of the vote
The good news is that there may be a shareholder switch to the side in favor, and Aiken doesn't really understand whether a merger is good or bad - even Whitaker can't guarantee that sbc shares will rise after the merger
Similarly, he couldn't understand what Huang Xuan wanted, or whether he wanted the acquisition to succeed or fail