"Brooke, what the hell is going on? How did Cisco buy MCI?!!" Steve Keys 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 broke, the stock price of MCI plummeted, and before I came, the market value of MCI had fallen from $15 billion to $8 billion!! and now, the Bureau of Investigation has conducted a financial investigation into MCI, and the people involved have been taken away by the police!!" Ford Brooke shook his head.

"Grass !!" Steve Keys couldn't help but scold, "what a bunch of stupid !!"

It's not a pity for MCI to die, but you don't want to be a nuisance! Steve Case's face was gloomy and almost dripping water, MCI is a very important partner of AOL, and by renting MCI's network channel, AOL can provide users with Internet access services and promote its own products! And once MCI is acquired by Cisco, then the result can be imagined, AOL is like someone has cut off his right-hand man!!

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

The atmosphere in the office was extremely quiet, and Ford Brooke knew that Steve was thinking, so he didn't dare to disturb him, and he calmed down and thought about countermeasures!

After a while, Steve Keys said in a deep voice: "Such a big merger and acquisition case will definitely not be completed in a while!"

"That's right, it takes a lot of time just to evaluate the assets!" Ford Brooke nodded, "Actually, MCI itself is developing well, but there are problems with the company's internal management, I think Cisco is not the only company that is interested in MCI, there should be many companies interested in it!! Cisco wants to acquire MCI, the first thing is to beat other competitors!"

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

Steve's words were so unmistakable that Ford Brooke was taken aback.

"Steve, AOL's total market capitalization is only $9 billion, how to swallow MCI?!"

"You don't need to buy it completely, you just need to take a holding!"

&nbCI is not simple, although the MCI stock price has plummeted, it is still more than 7 billion market capitalization......" Ford Brooke shook his head.

Steve Case, on the other hand, said confidently: "We can work with other telcos, such as Sprint, Worl, ......."

&nbCI？”

"That's right!" Steve Keys said confidently, "In this way, there is a great possibility that we will acquire MCI!! Cisco has World, and we have MCI at AOL, so it is not yet known who will die! Even if we are at a disadvantage now, there will be a time for a comeback!"

Ford Brooke nodded.

At this time, the phone rang, Steve's sexy secretary answered the phone, and immediately, her face changed, and she said in Steve's ear in a panic: "CEO, Cisco has just held a press conference and is ready to bid $10 billion to acquire MCI!"

"$10 billion, where did they get that much money?!!" Steve Case said incredulously.

"Citibank and JPMorgan Bank have expressed their willingness to lend to Cisco, and Cisco will use 20% of the shares as collateral!" the secretary said, looking at Ford Brooke with a different face, she knew that Sequoia Capital was originally a major shareholder of Cisco, but after multiple rounds of financing, Sequoia Capital's stake in Cisco has been diluted to 2.7%, and there is not even a board seat! And now, Cisco's market value has exceeded 50 billion, and judging from the current situation, the stock price will continue to rise!!

When Steve heard this, his brows furrowed deeper and deeper, Cisco has already bid 10 billion, and if AOL wants to win MCI, it is bound to need to cooperate with other companies to bid higher than 10 billion! But......

Steve suddenly felt very powerless, 10 billion is too much, even if AOL is willing to gamble and mortgage all the shares, but other companies may not dare to wade into this troubled water! Steve's original plan was to join forces with other companies to take the controlling stake in MCI, but Cisco threw out 10 billion at once, and Steve was desperate!

"Steve, don't be nervous, maybe Cisco is just bluffing and scaring away the competition!" Ford Brooke reassured.

"Whether Cisco is real or bluffing, we have to unite more companies and twist into a rope to fight Cisco!!" Steve Keys said with a determined gaze that didn't admit defeat so easily.

"No problem, we will leave the matter of joining forces with other companies to Sequoia Capital, and we have contacts with the top management of Sprint and Worl!"

"Well, that's it!"

……

……

&nbCI is the largest merger and acquisition since the establishment of Cisco, Henry originally did not want to buy MCI so early, after all, MCI's market value is too high! But now MCI has messed up, there have been false accounts, misappropriation of company funds to speculate in stocks, investors have very low confidence in it, the stock price plummeted.

Heaven is evil, but it is still violated, and you cannot live if you do it yourself!

At this time, if Cisco doesn't eat MCI, it will be a fool of Cisco!!!

At Henry's suggestion, John Chambers and other senior executives of the company unanimously approved. Citibank and JPMorgan Bank have also expressed their willingness to lend to Cisco!

&nbCI is a sweet treat, Cisco is bound to win!!

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

World is the backbone of the network, and Cisco's Internet access service also requires the telephone company's telephone line to be rented, and 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. MCI shareholders are very diverse, with the largest shareholder holding only 6.5% of the shares, and Cisco will have to go to great lengths to gain a controlling stake or even privatize it. Because Cisco has a lot of competitors!

In addition to AOL Gang Alliance, there is also the telecom giant Big Brother AT&T who is also interested in MCI!!

AOL is so powerful that it actually contacted more than a dozen telecom companies such as sprint, worl, ANS, BBN, etc., to compete for MCI together!

Compared with the three forces, Cisco is the weakest!

Subsequently, Nicholas Group said that it would join forces with Cisco to acquire MCI.

The combined market capitalization of the Nicholas Group and Cisco is close to 100 billion US dollars, even AT&T is only that! As for the AOL Alliance, hehe, all of them add up to 60 billion at most! (There is something today, so I will update it in advance.) ）

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