American Fortune Life
Chapter 1245
Whether it is NBC Television or Universal Pictures, most people are optimistic that Andy Smith may become their new boss, except for some executives, of course.
The parent company General Electric is not very focused on the management of NBC Universal, but just treats it as a member of many subsidiaries, so for the management, it can have a lot of freedom.
Of course, NBCUniversal executives also know that GE has long faced calls from investors to consider a sale of NBCUniversal, the calls being most heightened when NBCUniversal's earnings have declined.
The loss of the parent company Financial Services Company has exceeded expectations, and it has to raise funds. If it sells some or all of its shares in NBCUniversal, it will definitely help the company avoid issuing new shares to raise more funds.
The executives of NBCUniversal know very well that this transaction is almost likely to be concluded, and Andy Smith, a young man, everyone who has dealt with him knows that although he is also a person who is willing to delegate power, but This does not mean that his control ability is low, on the contrary, it is more serious.
In short, the management of NBCUniversal knows that when the young man takes over, there will be a power change. The existing power structure will be rebuilt around Andy Smith, and the competition will become more intense.
You know, this young boss is very famous in private in the workplace for his ability to manipulate people. With an undecided media group CEO, a group of professional managers under him are almost spurred to help him. gain profit.
Of course, the news of Andy's acquisition of nbc universal is not without moths. For example, in May this year, it announced the acquisition of an old social networking site. By integrating all the products and services of the latter, it is convenient for cable TV users to access it through set-top boxes and other devices. Comcast for these services, originally their next acquisition target was going to be placed on the social networking site Facebook or the media giant Viacom.
When it was learned from the news that NBC Universal had the intention to sell, Comcast co-founder Ralph Robert called Jeff Immelt on the phone to show his favor and exchange ideas, hoping to make a sale of NBC Universal. Take a closer look at Yunyun.
The emergence of a bidder is naturally what the seller is most happy to see. However, Andy is not an idiot. He guarded against this move very early and signed an exclusive agreement. Facing the situation where Andy could be sued in court at any time and terminate the deal negotiated by General Electric, the gain outweighs the gain.
Of course, this does not prevent Jeff Immelt from using the newly emerged bidders to increase his bargaining chips. However, the idea is very good, the problem is that Andy has to accept the move.
On the morning of October 4th, Andy saw this intentionally spread rumor from various media reports on his acquisition of NBC Universal, and couldn't help but sneer.
Shopping malls are like battlefields!
There is nothing wrong with pursuing the maximization of profits. He naturally knows what is going on with the sudden bidder, but he is not worried at all, especially since it is Comcast, the largest cable TV operator in the United States. An anti-monopoly, and Andy can fix it to death.
Especially after the media reported that competitors, including Time Warner and News Corporation, made it clear that they would not intervene in Andy's acquisition of NBC Universal, this undoubtedly increased the chances of a successful merger for Andy.
Regarding the emergence of Comcast, Andy did not use his media power to fight back, but logged on to his Facebook account to update a paragraph of text.
"Do you want to unfairly prevent any force from entering the expanding online video market, and keep 17 million high-speed Internet users only able to access Internet content that you control? Stop pretending to sleep, wake up! This is America, here is Antitrust laws!"
"Pfft—"
"Hehe...you are really sharp enough,
It looks like Comcast is in trouble. "Ivana, who was wearing a bathrobe and wrapped her wet hair in a towel, sat next to Andy, and couldn't help laughing when she saw the updated content on Facebook.
Andy raised his chin slightly, and said with a mocking sneer at the corner of his mouth: "Some people are used to stretching out their hands randomly, since I'm sending them to the face to find a slap, I don't mind waking him up!"
The number of Andy's Facebook followers has already exceeded 100 million, and his updated content has been spread all over the Internet in one morning. As for the acquisition of NBC Universal, almost everyone has paid attention to it. Media reports Naturally, many people have seen the rumors.
While many people were surprised by Andy's quick and sharp counterattack, they also felt a sharp murderous aura.
You know, the series of things that happened recently made Andy depressed and full of anger at the same time. Seeing the prehistoric monsters unscrupulously devouring the strongest and most delicious prey, he could only watch and eat after him. It is undoubtedly quite unwilling to order some bones and drink some soup.
When there was nowhere to send xie, someone came to the door to ask for smoke, how could Andy not cooperate, so as to show off his fangs, don't pretend that he does not exist, and want to snatch food from him .
Informed Bardstone of an orderly sell-off of the $3 billion in General Electric stock that had just been acquired yesterday.
Immediately, I received a call from General Electric CEO Jeff at around 10:30 in the morning. After some pleasantries, Jeff brought the topic to the Comcast consultation call he received last night. Listening to Jeff's narration, Andy He couldn't help but chuckled and said directly to him.
"The nature of my acquisition of NBC Universal is different from that of Comcast. Even if Comcast really intends to acquire NBC Universal and is willing to pay conditions that General Electric cannot refuse or even break the contract, this deal will fall down. Under the US government's anti-monopoly BANG!
Believe me, Jeff, this is how it will end!
I believe that you should also be very clear about the details of the negotiations during this period. I am really sincere. Even in this economic environment and the performance of NBC Universal is declining, I am still willing to negotiate at a valuation of US$22 billion. Speaking of mergers and acquisitions, Jeff, I believe that GE's investors and the board of directors will be very satisfied.
We can make things easier can't we? "
Regarding the Comcast matter, Andy almost made a firm conclusion with an obvious threatening tone, which made Jeff Immelt's face change slightly, and he was naturally quite uncomfortable in his heart. However, he also understood that if Andy's Assuming everything is true, and no one makes trouble, Comcast may be able to successfully acquire NBC Universal through lobbying.
But now that there is an extra enemy like Andy, basically, Comcast is out of play. Jeff still recognized Andy's lethality very much. At that time, not only will there be no play, even their General Electric will be swollen in the face, and the last hurdle of the transaction will be forcibly stopped. Tsk tsk, it will really become a super big joke.
"Hehe." There were two dry laughs from Jeff on the phone, and then he said: "Andy, after all, this is about a transaction with a scale of tens of billions. The negotiation has just begun, and many details need us Sit down and discuss slowly, the more important thing is the 20% stake held by Vivendi..."
"Didn't Vivendi's CEO Bernard Levy say in a previous video conference that the NBC Universal shares they hold are non-core assets, and they also recognized NBC Universal's valuation of US$220. I only need 55%-60% % of the shares, buy GM alone, or 20% of Vivendi, and the rest can be purchased from GM, is there any problem?"
Andy asked knowingly. He was very clear about what Jeff Immelt was thinking. The negotiating team would report the details of the negotiations every day. Jeff Immelt, who felt that he had overcome the difficulties, proposed a A very shameless empty-glove White Wolf proposal.
That is, General Electric sold 55% of the shares to Andy, and they borrowed money from the bank to buy back the 20% from Vivendi. In this way, Andy holds 55% of the shares, GM 45%, and the two form a new company, and then Holding NBC Universal, and the money they borrowed from the bank before will become the debt of the new company. . .
After Andy heard this idea, he didn't even have any interest in ridiculing, and he only said one sentence, which was "What a beautiful idea!"
Hearing what Andy said, Jeff Immelt knew that Andy didn't even want to answer his proposal, so he didn't bring it up any more, exchanged some pleasantries, and hung up the phone.
"Don't give me a face, you are not kind, then don't blame me for getting into trouble, heh!" Andy sneered with a mocking sneer on his face, his eyes were cold, and his perception of Jeff Immelt was getting lower and lower. General Electric was not counted in the slaughter feast that came down, but now it seems that some people don't know the importance of not letting them die in pain.
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