M&A between large companies is usually a very complex and cumbersome process. In particular, if both parties to the merger and acquisition are listed companies, it is necessary to obtain the authorization of the board of directors in advance.

Not only does this slow down mergers and acquisitions, but it also makes it difficult to maintain confidentiality. So that competitors have enough time to react to develop a corresponding disruptive plan.

When Li Xuan acquired RCA, the reason why he was able to make a quick decision was that, on the one hand, Li Xuan gave a high offer, which made it difficult for RCA shareholders who were constantly suffering from the decline in stock prices at that time to refuse; on the other hand, it was also the TV industry, which was RCA's main business at that time, was already a recognized sunset industry, and it was difficult to attract competitors to disrupt the situation.

NCR is a well-run business in its own right. In particular, the stock price of NCR companies, which dominates the market segment, has risen in recent years as ATMs began to spread rapidly in the banking industry.

Investors' value expectations for such a rising company are completely different from those of RCA, which was struggling to survive at the beginning. Therefore, when the market reported that AT&T was interested in acquiring NCR, NCR's stock price immediately ushered in a ** rise.

And when Akon announced that it would join the bid, NCR's value was further inflated. As far as the management and shareholders of NCR are concerned, they very much welcome the half-way Cheng Biting Jin.

Because for the management and investors of NCR, since they are not opposed to being acquired, they must hope that they can sell it for a good price. And the more opponents participate in the competition, the more NCR companies have the opportunity to sell at a price, so that they can sell at a sky-high price!

The only person who is angry is probably AT&T's management. Because of the emergence of Aikang as a competitor, it is easy to whet the appetite of NCR shareholders. Even if they succeed in acquiring NCR in the future, the price will be greater than expected.

Prior to the takeover, NCR's total market capitalization fluctuated around $6 billion. To complete such a big business, AT&T can't afford not to be well prepared.

For someone to jump out and stir up the situation, it is impossible for AT&T's acquisition team not to prepare a plan in advance. And since they have made up their minds to prepare to acquire NCR, they will definitely not immediately abandon their original acquisition plan because of the addition of such an opponent as Aikang.

"It has been found out that Merrill Lynch and Goldman Sachs are the M&A strategy consultants for Aikang! These two investment banks have cooperated very closely with the Oriental Group in recent years, and there are no less than 5 businesses involving mergers and acquisitions!"

Robert Allen was sitting in his office reviewing a batch of documents. He leads AT&T, a giant company with global operations, and his board chairman is also very busy every day.

But the sudden ringing of the phone interrupted Allen's work. On the phone, the head of the acquisition NCR team reported to Allen that he had been the first to get the news.

Aikang Company was the first to jump out and join the ranks of bidding for NCR, which made Allen a little puzzled. Although NCR is also a computer manufacturer in a broad sense, there is nothing wrong with Akon to expand its market share by acquiring NCR.

And it seems that Aikang is just doing just that, and their president has just reached cooperation agreements with a number of banks in Hong Kong, and it seems that he is ready to enter the financial computer market in a big way.

It was precisely after analyzing these recent moves by AT&T that the acquisition team felt that the other party was really likely to compete for NCR, rather than bluffing.

But for this judgment of his own team, Alan does not agree with it very much. He can sit as the chairman of AT&T, a multinational giant with tens of thousands of employees and a revenue ranking among the top 500 companies in the world.

With his decades of experience in the industry, Allen does not feel that the acquisition of NCR will be beneficial to the company's future development.

Why did AT&T buy NCR? That's because they missed out on the gold mine in the early days of the computer industry. Now, the curtain of the Internet era is slowly opening, and computers are in urgent need of making up tickets for the entire human production and not being abandoned by the times.

NCR, on the other hand, could give AT&T a chance to rejoin the game. Although NCR's PC business is not very good, it has at least laid the groundwork.

And even if the next step into the personal computer business fails, NCR's leading position in the financial computer market such as ATMs is enough for AT&T to attack and retreat, and it will not collapse in a thousand miles.

Therefore, AT&T's decision to acquire NCR is to attack with defense, which can greatly reduce its own risks!

But this is not the case with Aikang, which has always been a leader in the computer industry in its own right. The only benefit of the acquisition of NCR is that it will be able to expand some of its market share.

But does Akon really value this bit of market share in NCR? The whole industry knows that Akon is looking for profit margins, not market share.

Therefore, in recent years, on the one hand, Aikang has continuously withdrawn from the most competitive low-end computer market, only retaining the high-end computer product line with higher profits, and on the other hand, it has begun to actively transform into upstream network equipment manufacturers.

It is precisely because he saw the development ideas of Aikang Company clearly that Alan could not understand why the other party would be interested in NCR!

But in any case, the power of Aikang and the Eastern Bloc behind it is there. And the acquisition of NCR is the most important work of AT&T in the next period of time, and Allen can't help but pay attention to it!

"Tom, help me inquire about Mr. Lee's itinerary in New York for the next few days...... That's right, if I could, I'd like to have a chance meeting with him!" Alan frowned and thought for a moment, then suddenly grabbed the phone and gave instructions to his assistant.

Allen felt the need to test the true purpose of Aikang's company, and Li Xuan, who happened to be in New York recently, was undoubtedly his best contact. He didn't believe that Li Xuan, the major shareholder of Aikang, would not know anything about such a big move involving six or seven billion US dollars as the acquisition of NCR.

Even...... Allen also thought of the richest man in Li, and the loss suffered by &T Company was not small.

When Alan thought of this, he seemed to grasp a little clue at once, could there be a connection between these two things......