Silicon Valley

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

"There was something wrong with MCI's finances. The management made false accounts and misappropriated the company's funds to invest in stocks, resulting in a loss of $250 million! As soon as the news came out, MCI's stock price plummeted. Before I came, MCI's market value It has dropped from $15 billion to $8 billion!!! Now, the US Bureau of Investigation has conducted a financial investigation of MCI, and the people involved have been taken away by the police!!" Ford Brook shook his head and said.

"Grass!!!" Steve Case couldn't help yelling, "What a bunch of stupid things!!!"

It's not a pity for MCI to die, but don't get involved with TMD! Steve Case's face was gloomy and almost dripped with water. MCI is a very important partner of AOL. By renting MCI's network channel, AOL can provide users with Internet access services and sell its products! And once MCI company was acquired by Cisco, then the result can be imagined, America Online is like being cut off its right and left arm! ! !

Steve was very unwilling, his face was calm, and he didn't say a word!

The atmosphere in the office was extremely quiet. Ford Brook knew that Steve was thinking and did not dare to disturb him. He was thinking about countermeasures when he calmed down!

After a while, Steve Case said solemnly: "Such a big merger will definitely not be completed in a while!"

"Yes, it takes a lot of time just to evaluate the assets!" Ford Brook nodded, "Actually, MCI itself is developing well, but there is a problem with the company's internal management, I think, more than just interested in MCI. Cisco, there should be many companies interested in it!!! If Cisco wants to acquire MCI, it must first beat other competitors!”

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

Steve's speech was not surprising, and what he said suddenly shocked Ford Brook.

"Steve, AOL's total market value is only $9 billion, how do you swallow MCI?!"

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

"However, it's not easy to control MCI. Although MCI's stock price has plummeted, it still has a market value of more than 7 billion..." Ford Brook shook his head and said.

Steve Case said with confidence: "We can join forces with other telecom companies, such as Sprint, Worl..."

"You mean the joint acquisition of MCI?"

"That's right!" Steve Case said to himself, "In this way, we have a high possibility of acquiring MCI!!! Cisco has WorldNet, we have MCI in America Online, so who will die? We are at a disadvantage, but there are times to come back!"

Ford Brook nodded.

At this time, the phone rang, and Steve's sexy secretary answered the phone. Immediately, her face changed, and she whispered into Steve's ear, "ceo, Cisco has just held a press conference and is about to bid 100 $100 million acquisition of MCI Corporation!"

"$10 billion? Where did they get so much money?!!" Steve Case said in disbelief.

"Citibank and Morgan Bank expressed their willingness to provide loans to Cisco, and Cisco will use 20% of the shares as collateral!" The secretary said, looking at Ford Brook with a strange expression, she knew that Sequoia Capital was also Cisco's major shareholder, but after multiple rounds of financing, Sequoia Capital's shares in Cisco have been diluted to 2.7%, and even a board seat is gone! And now, Cisco's market value has exceeded 50 billion, and based on the current situation, the stock price will continue to rise, Sequoia Capital may have regretted it! ! !

Steve heard the words, the frown deepened, Cisco has already bid 10 billion, AOL must bid more than 10 billion with other companies to win MCI! But……

Steve suddenly felt very powerless and powerless. 10 billion is too much. Even if AOL is willing to go all out and mortgage all the shares, other companies may not dare to go into this muddy water! Steve's original plan was to join other companies and take the controlling stake in MCI, but Cisco dumped 10 billion all of a sudden, and Steve was about to despair!

"Steve, don't be nervous, maybe Cisco is just bluffing to scare off competitors!" Ford Brook comforted.

"Whether Cisco is a real gun or a bluff, we must unite more companies and twist them into a rope to fight against Cisco!!!" Steve Case did not admit defeat so easily, and said with a firm gaze.

"No problem, I'll leave it to Sequoia Capital to join forces with other companies. We have contacts with the top management of sprint and Worl!"

"Well, that's it!"

...

...

The acquisition of MCI is Cisco's largest merger since its establishment. 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 by itself. There have been bad incidents of false accounting and misappropriation of company funds to invest in stocks. Investors' confidence in it is extremely low, and the stock price has plummeted.

If God does evil, you can still violate it; if you do evil by yourself, you cannot live!

At this time, if Cisco does not eat MCI, it is simply Cisco! ! ! !

Under Henry's proposal, John Chambers and other company executives approved it. Citibank and Morgan Bank also expressed their willingness to lend Cisco!

For the sweet pastry of MCI, Cisco is bound to win! ! !

Not only does MCI have the nation's most extensive Internet backbone, but it's also the nation's second-largest long-distance telephone company! These two identities, any one of them is not good. If Cisco acquires MCI, Henry will not only further the strength of the Internet, but also extend his tentacles to the telephone communication industry! ! !

WorldNet is the backbone of the network, and Cisco's Internet access service also requires leased telephone lines from the telephone company. If MCI is acquired, the cost of Internet access will be minimized. Therefore, no matter which aspect is considered, Cisco's acquisition of MCI is an inevitable choice! ! !

However, Cisco's acquisition of MCI was difficult. The shareholders of MCI are very scattered, with the largest shareholder holding only 6.5% of the shares. Cisco has to work hard to get the controlling stake or even privatize it. Because there are many competitors of Cisco!

In addition to the AOL gang, there are telecom giant AT\u0026T also interested in MCI! ! !

America Online is amazing. It actually contacted more than ten telecommunications companies such as sprint, worl, ANS, and BBN to compete for MCI!

Compared with the three powers, Cisco is the weakest!

Humph, bullied us for not bringing brothers, right? Subsequently, Nicholas Group said that it will join hands with Cisco to acquire MCI.

The combined market value of Nicholas Group and Cisco is close to $100 billion, even AT\u0026T! As for AOL, hehe, all add up to a maximum of 60 billion! (I have something to do today, so I will update it in advance.)