Text Chapter 991 Microsoft Acquires Netscape

15 billion US dollars, this is definitely a painful number, it is too high, it is completely slaughtering!

However, for Microsoft, even if it is a sky-high price of $15 billion, it is definitely a pretty good choice if it can pocket Netscape. There is no way, it is really that Netscape is too much of a threat to Microsoft, and in order to win this war with Netscape, Microsoft has invested too much energy.

So, no matter what, as long as we can end this war as soon as possible, Microsoft really doesn't want to waste too much time and energy.

As for the $15 billion market value shouted by the Pioneer Fund, hehe, Bill Gates deeply understands the truth of "asking for money on the spot", you call it high, I may not give it!

But, anyway, let's sit down at the negotiating table first!

Not to mention, in order to show the importance of this negotiation, Bill Gates sent his old classmate Steve Ballmer, the future CEO of Microsoft, you know, this is deeply trusted by Gates's classmates.

$6 billion!

This is Steve Ballmer's offer to the Pioneer Fund for Netscape's market capitalization, which means that Microsoft is only willing to pay $3.6 billion to acquire 60% of the shares held by the Pioneer Fund.

Damn, I have to say, Steve Ballmer is really ruthless, everyone is blocking the waist and slashing, this guy will directly block the knee and cut it.

Undoubtedly, this price is completely insulting, right?

Therefore, the representative of the Pioneer Fund rejected Steve Ballmer's price on the spot, and solemnly stated that if Microsoft had this attitude, then the negotiations might not be able to proceed. Moreover, the representative of the Pioneer Fund also said that if Microsoft has always had this attitude, then the Pioneer Fund, which has not been involved in the war between Netscape and Microsoft, may join the war group and invest capital to support this war between Netscape and Microsoft.

Obviously, Steve Ballmer immediately read the meaning of this guy's words, it was completely a threat from the red fruit. However, Steve Ballmore knew that this guy really didn't say much, and the Pioneer Fund had not intervened in the management of Netscape over the years, including the browser battle with Microsoft. Once the Pioneer Fund joins the battle group, then it is really quite unfavorable to Microsoft, who doesn't know, this kind of "capital giant" does not have a good thing, and the forces involved behind it are complicated, it is really not good.

The most important thing is that Steve Ballmer and Microsoft are most afraid of antitrust investigations, and once they add the opponent of a capital giant like the Pioneer Fund in this matter, the result is really hard to say.

"The $15 billion price you put on Netscape is too high, and Microsoft will definitely not agree to it, so let's make a real price. ”

After weighing the pros and cons, Steve Ballmer openly expressed his true meaning, that is, we do want to buy Netscape, and it doesn't matter if the price is high, but your price is a little too outrageous.

$12 billion!

Representatives of the Pioneer Fund slashed their price by $3 billion.

It seems to be very sincere, but the price is still high. However, if you look at the current hot tide of the Internet, coupled with the current situation of Microsoft, in fact, $12 billion is not unacceptable.

However, Steve Ballmer is still very dissatisfied, and this price is still a little far from the bottom line in his heart.

Steve Ballmer counter-offered $7.5 billion, adding $2.5 billion to $5 billion!

This time, the representative of the Pioneer Fund didn't say anything, just laughed and didn't say anything, but he packed up his things and was about to leave. There is no doubt that he is really dissatisfied with Steve Ballmer's offer, and he is ready to leave.

I rub it, Steve Ballmer and the people on Microsoft's side didn't expect the Pioneer Foundation to be so rigid? Are all the capital bosses so violent? If you don't agree with each other, you will leave?

People are leaving, and Steve Ballmer can't force it, besides, this is just the first negotiation, and there are still things to come, so there is no need to be too anxious. However, the strength shown by the Pioneer Fund really made Steve Ballmer feel uncertain, and it seems that Microsoft is really going to be slaughtered this time.

After the end of the first negotiation, Steve Ballmer re-discussed the countermeasures with Bill Gates and other senior Microsoft executives, and it was obvious that it was impossible to end this "war" without offering a high price.

So, soon, Microsoft invited the Pioneer Fund to start the second negotiation, and this time Steve Ballmer was also generous, raising his price to $8.5 billion as soon as he came up, which is already very sincere.

However, the Pioneer Fund was unmoved, and only symbolically slashed the price by $500 million, and then there was no more.

"After Microsoft's acquisition of Netscape, almost the entire browser market, a browser costs $40, and now the Internet era is booming, and the number of Internet users is rising, this market is definitely worth the price we offer. ”

Yes, at this time, the browser still has to spend money to buy it, and the IE browser is free and is also a "self-harm strategy" when Microsoft is forced to be helpless when it fights with Netscape. If you have the opportunity to make money, how can they give you free things? After all, this market is really big, and you can do a lot of things on the big platform of browsers.

Therefore, the words of the Pioneer Fund are actually a bit heart-wrenching, and they suddenly hit Microsoft's heart. No way, the browser market is really too big, so Microsoft is reluctant to let go, in the Internet era rushing to the key node, how can Microsoft give up the browser, the key to control the Internet era.

"$10 billion, that's the highest price Microsoft can accept!"

I have to say that Steve Ballmer also fought this time, and directly showed his hole cards, indeed, the highest price that Microsoft can accept is $10 billion. If it is higher, Microsoft thinks it is better to fight this war again and then talk about it, in case it is good, won't this money be saved?

Well, I have to say, micro

It's really good to think softly!

Hehe, if you don't blow it, you can't black, if you weren't afraid of trouble, Su Chenyu really wanted to support Netscape and Microsoft to continue to fight this war, when the time comes, isn't it 10 billion that can be solved, and this number will be good if it doesn't double?

After listening to Steve Ballmer's offer, the representative of the Pioneer Fund pondered for a moment and asked for a temporary suspension of negotiations, which he needed to ask for. Steve Ballmer didn't feel bad about this, on the contrary, he felt that there was hope for it.

In fact, it is true, as Steve Bauer thought, that there is hope, and it is very promising.

After a half-hour outing, the Pioneer Fund representative returned with a smile on his face, and then gave Steve Ballmer a satisfactory reply: "Agree to the $10 billion price tag, but Microsoft will need to pay the $6 billion purchase price with the equivalent value of Microsoft stock."

To be honest, Steve Ballmer really didn't expect the other party to make such a request, but it turned out that Microsoft just wanted to use cash + shares to complete the acquisition. Now it's good, the other party directly proposed to want Microsoft's stock, so why not, you know, Microsoft's market value is as high as $120 billion. In other words, Microsoft only needs to pay 5% of the shares to the Pioneer Fund, which is within Microsoft's acceptable range.

Since the two sides have found a balance on a tightrope, then wait for the decision of the top of both sides, after all, Microsoft is not like the Pioneer Fund is someone's word, and people have to go through the board of directors process.

However, this process did not take long, because Microsoft really didn't want to fight this war, not bragging, if it weren't for the browser war and antitrust investigation, Microsoft's stock price would have been $200 billion. So, now with $6 billion in exchange for $80 billion, how can Microsoft not agree.

Soon after, Microsoft formally entered into an acquisition agreement with the Pioneer Fund, to which Microsoft paid $6 billion (5%) worth of Microsoft shares and acquired 60% of Netscape.

At this point, this protracted browser war can finally come to an end, and Microsoft, which has already controlled Netscape, really has too many ways to get rid of Mark Anderson and Jim Clark.

So, later on, the Pioneer Fund didn't want to pay attention anymore, and they had already gotten 5% of Microsoft's shares for what they wanted.

As a result, Su Chenyu's shares in Microsoft have reached 28%, and they are basically unrestricted tradable shares, that is to say, once Microsoft reaches its peak market value of $600 billion, it will be worth nearly $170 billion.

Moreover, since Su Chenyu has already intervened in Microsoft, it is naturally impossible to let Microsoft's market value only stay at $600 billion, and then fly up. Therefore, next, Su Chenyu has decided to help Microsoft and get the US Congress to investigate Microsoft's antitrust and make the stock price jump.

However, before that, Su Chenyu still has something to sell to Microsoft......