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