Chapter 304: $130 billion in hand
The stock price of Internet concept stocks plummeted, and many experts and professors have come forward to say, they believe that the stock price plunge is only temporary, the main reason is because of the Williams network anti-monopoly case, once the anti-monopoly case passes, the stock price of Internet concept stocks will rise again!
Many investment institutions said: "The global Internet is in the ascendant, and the stock price will rise again!"
Ordinary shareholders heard the analysis of professionals and immediately regained their confidence.
However, many people are overwhelmed by the ultra-high stock price and market capitalization, and they all believe that the Internet concept stock price will still rise. However, Henry is the only one who remains calm, and he is already thinking about how to cash out of the stock market and cannot get anyone else's attention yet!
At this juncture, Henry did not dare to cash out the stock for the time being.
Perhaps, when the anti-monopoly investigation case is over, it is time to act!
He is currently in contact with AOL to sell his global online stake to it first. Henry is not sure what the consequences of a long delay in the investigation of the antitrust case will be. Now, the stock prices of Nicholas International E-commerce, Global Online, Isearch, icq, etc. are decreasing, and once investors lose confidence in Internet concept stocks, they will sell stocks aggressively, then, it will cause an "avalanche" at any time!
The U.S. online business is huge, not a simple web portal, it is an IPS Internet dial-up service provider, the business scope also involves portals, instant messaging, e-commerce, search, browsers, etc., almost the entire Internet industry has been inserted, but the market share is low, the influence is not large enough. But even so. Internet concept stocks are very popular, and AOL has benefited from them. The total market capitalization is more than 150 billion US dollars!
When Henry told him that he wanted to sell Global Online, AOL immediately expressed interest.
Later, AOL was preparing to raise money. While negotiating with Henry's representatives.
AOL's financiers are backed by venture capital firms or banks such as Sequoia Capital, Morgan, Citigroup, and Goldman Sachs, and AOL will buy it anyway as long as Henry agrees to sell Global Online to it.
If AOL buys Global Online, it will play an extremely important role in the company's overall layout and strategic development. Buying Global Online will revitalize all the businesses on the American online side, whether it is e-commerce. Search, instant messaging, or anything else, grow your market share with the power of global online!
Therefore, AOL is imperative for global online!
Therefore, despite the price offered by Henry for more than 100 billion dollars, AOL had to grit its teeth and buy it!
Global online headquarters.
Conference room.
Across from Henry sat AOL's founder and CEO, Steve Case, and Citigroup, Morgan. Goldman Sachs, KPCB, Sequoia Capital and more than 20 representatives.
After several rounds of negotiations, the two sides have now largely reached an agreement: Henry sells a total of 67.5% of its shares in Global Online. Among them, Citigroup, Morgan and other banks will provide $100 billion worth of loan funds for AOL to acquire 50% of the shares. The remaining 17.5% of the shares will be divided among other investment institutions!
Henry was satisfied with the results and sold the global online company. He can get $130 billion! With so much money, he can do a lot of things.
"Mr. Williams. We can sign this time!" laughs Steve Case. Global Online is a big deal, and many companies want to buy it, including Microsoft, so Steve Keys is a little anxious to sign the contract as soon as possible.
In fact, Henry would not sell Global Online to Microsoft. Microsoft has a monopoly on the operating system, and if it were to hand over Global Online to it, wouldn't it be like a tiger with wings?
AOL's acquisition of Global Online is at most like China's Sina Weibo, far inferior to China's BAT Big Three! What's more, Henry also plans to let icq establish Weibo and then fight with Twitter! Although Twitter was launched, it didn't last long. ICQ can completely rely on the large number of users to occupy the market!
Isearch has opened the website search homepage, and netizens do not need to enter the portal to search for things, which is equivalent to stealing the traffic of the portal. If Isearch gets a similar hao123 Internet navigation, it's just going to abuse the portal!
To be honest, with the development of the Internet, portals are becoming less and less important, e-commerce, search, and social networking sites are the most important!
"Okay, you can sign now!" Henry's mouth rose slightly, and a smile appeared.
As soon as Henry's voice fell, Steve Keys breathed a sigh of relief. He had already prepared the contract, and immediately asked someone to hand it over to Henry's negotiation team to send one to each person.
Henry's team of lawyers carefully analyzed the contract, and finally nodded to Henry, saying that there was no problem, and Henry signed the contract.
AOL bought Global Online, and Henry got $130 billion!
A press conference was held on the same day to announce the matter to the outside world.
The sky-high price of $130 billion immediately shocked the world, and then AOL's stock price skyrocketed, and within a week, the total market value rose to $300 billion, making it the second largest company in terms of market value after Cisco! Cisco's market value has now risen to $350 billion.
Internet concept stocks are hot, countless people have invested in Internet construction, network equipment sales have increased significantly, and Cisco's market value has also increased significantly!
Now, AOL's stock price has skyrocketed, as if it was a stimulant to the current stock market, and the stock price of Internet concept stocks immediately rebounded, and the momentum of growth was very strong. Naturally, after the effects of stimulants have passed, they will weaken, and finally the Internet bubble will burst!
The Internet industry mostly follows the Matthew effect, that is, the stronger the stronger, the weaker the weaker, and it is also the industry that is most likely to form a monopoly. The success of the global online portal has made many people see the advertising profit model of traffic cashing, most Internet companies in order to occupy the market, do not hesitate to spend huge losses in exchange for users, there is no profit model and no profit plan, the final result, except for a few companies successful, the vast majority will fail!
After AOL acquired Global Online, it terminated its cooperation with Isearch and chose to use its own AOL search.
As a result, Isearch is not a monopoly at all, and the antitrust investigation into Isearch was quickly concluded.
Henry's sale of Global Online to AOL, just like Intel in the previous life supported AMD and Microsoft helped Apple tide over the difficulties, cultivating an opponent much weaker than himself, so as to avoid antitrust investigations in the United States!
Soon after, AOL completed the integration of resources, and its strength in e-commerce, search, instant messaging and other aspects was enhanced, as if it was one of the Internet giants.
Therefore, the Williams Network monopoly case finally died down under the influence of many aspects!
(PS: It's been a bit busy these two days, and the number of words updated is only four or five thousand words, and the update will be a little more tomorrow.) Also, there's another chapter at 11:30 p.m. today!)
(To be continued.) )