Chapter 0739 This Is The Ultimate Battle of Personal Computers
Read the full article tomorrow morning. The pen "Fun" Pavilion www.biquge.info accidentally clicked into the mobile phone client, when the time comes, you can press and hold the chapter name on the directory interface, and download it again.
……
California high-speed rail is a massive project costing more than $30 billion, and even a third of the funds will be enough to breathe a sigh of relief from the Bank of America, which is plagued by non-performing loans.
"Guys, I'll just say that Don can bring us the strongest good news." Alden Clausen laughed and looked around.
……
"Don has always been our most quality and important customer."
"If Tang can become our partner, then this current difficulty will not be a problem at all, and there is no need to sell assets on a large scale."
……
"Thank you very much." In the midst of this compliment, Tang Huan smiled and waved his hand.
Can the sweet words of bankers be taken seriously?
Besides, the aura of the richest man in the United States is dazzling enough, and Tang Huan doesn't want to provoke the sensitive nerves of those traditional heroes too much outside the IT industry.
Therefore, there is still a distance between the calculations of the Bank of America and Tang Huan's ideas.
"I have just stated the principles of this cooperation." Tang Huan continued: "Based on this consideration, Renke should be more suitable than me personally, and Louis Gerstner is the best candidate to join the board of directors. ”
The conference room was completely silent, and Bank of America began to ponder Tang Huan's cooperation plan for launching an agent.
"Renke is a successful IT application provider in the field of business management, and has successfully provided solutions for nearly 1,000 companies, and if we partner with Bank of America, we will undoubtedly be able to do it in one fell swoop." Tang Huan added unhurriedly.
"Whether it's Renko or Tang, there is no difference in essence. Everybody's in the California system, aren't they? Alden Clausen was the first to speak.
"That's true." Others began to chim.
In the midst of the discussion, Louis Gerstner, who had a serious face, straightened his back. He didn't expect that after jumping from American Express to the IT field in frustration, he would return to his old business in finance so quickly. It seems that the boss is right, the future has infinite possibilities!
……
With the hostile takeover of First Intercontinental Bank, Bank of America is on the verge of life and death. Naturally, these people, whose vital interests were concerned, did not dare to slack off in the slightest, and the meeting lasted until the night.
In this way, Bank of America was able to hold a press conference as quickly as possible.
The media had been watching Bank of America's every move for a long time, and when they were notified, they immediately flocked to see how it planned to get out of its current predicament.
Surprisingly, Alden Clausen, CEO of Bank of America, first introduced Louis Gerstner, who was sitting next to him, before making the announcement.
Several heavyweight executives under Tang Huan are not unknown, and reporters can recognize them at a glance. They couldn't help but wonder, what is this chairman of the board of directors of Renke sitting here for?
Alden Clausen was quick to give the answer, "What I want to tell you is that Bank of America and Renke will hold shares in each other and become strategic partners; Mr. Louis Gerstner will be on the board of directors of Bank of America. ”
Looking at the appearance of everyone in the audience who were surprised and whispered, Alden Clausen smiled proudly, this is what he wanted.
Next, the CEO of Bank of America, who has only been in office for a short time, began to announce the second news: "In the next few years, Bank of America will carry out a series of reforms, including administration, and vigorously adopt the latest advanced technology to reduce operating costs and provide the best service to customers." I would like to ask Mr. Gerstner to introduce us to us about the plan in this regard. ”
……
This press conference was almost Alden Clausen's policy speech, and there was no question session, let alone how to counter the hostile takeover of First Intercontinental Bank.
However, when these reporters left the press conference in a daze, they got the latest news that Bank of America had launched countermeasures, and as soon as the New York Stock Exchange opened, it began to buy back its own shares on a large scale.
Previously, the stock price of Bank of America fell to a minimum of $8, which made First Intercontinental Bank covetous. When it launched a hostile takeover, Bank of America's stock price remained sluggish. But after Bank of America's money entered the stock market with great fanfare, it finally gave the stock price a shot in the arm and began to rebound slowly under the competition between the two sides.
In fact, the hostile takeover of Bank of America by First Intercontinental Bank was of a very gambling nature. You must know that Bank of America's plate is not small, and a casual increase in the price will cause a lot of cost pressure on the acquirer.
In the evening of the same day, the interpretation of the news disclosed at the Bank of America press conference was also released.
Almost all of them are the same: Bank of America was really lucky to find a cashy cow. Renke, who has just been successfully listed this year, is holding a lot of cash in his hand.
Of course, this is a very superficial analysis.
The deeper significance lies in the fact that Renke, a provider of business applications, enterprise resource planning solutions and independent software, is likely to take a leap forward in the breadth and depth of its product coverage through this strategic partnership. Bank of America, on the other hand, can use Renke's line to reach out to the companies it serves from another angle, and further catch up with Tang Huan and the upcoming California high-speed rail project, and open up a vibrant business field for itself.
In this case, the first Intercontinental Bank, which was supposed to take a risk, may have to return home.
Sure enough, as the market digested the good news, Bank of America's stock price rebounded further, and the acquisition of First Intercontinental Bank became more and more difficult, and it seemed that it was very close to the target, but it was just out of reach, and finally it had to announce that it would abandon the plan.
……
This result was expected by Tang Huan, after all, Bank of America was only a serious illness, and its physical foundation was still quite thick.
Seeing that the critics did not kill him, Tang Huan was relieved not to pay attention to it anymore and continued to read the report of Yongtong Electronics.
The company, which operates telecommunications equipment, went public on the NASDAQ in early October. With ADSL, cable modem and other technologies, it has become a highly sought-after newcomer in the telecommunications equipment industry with many powers.
For this reason, some people also linked the IPO of Yongtong Electronics with the "Forbes America 400 Rich List" -- if the listing time is further advanced so that it can be counted, the richest man's net worth of $36.6 billion will definitely grow a little higher.
However, Yongtong Electronics can't be compared with Renke, which develops software services, it is similar to Fangyuan Computer Company, and in the process of operation, it is quite crowded with funds, so the money from the IPO circle really can't be moved.
"The competition in this field hasn't really started yet." Tang Huangang sighed with emotion, and Zhou Mi called from Xiangjiang and said: "HSBC secretly made a mistake and sent someone to propose to the Hong Kong government to take back the franchise of Xiangjiang Telecom, release the license, and let more people eat this cake." ”
Heung Kong Telecom's local telephone franchise lasted in 1995, while the long-distance telephone franchise lasted until the beginning of the next century.
"Shen Bi, this old guy is really good at picking on the key points." Tang Huan sneered, "It just so happens that I have prepared some pastries for HSBC, so let's tear them apart." ”
"In recent years, Heung Kong Telecom has spared no effort in infrastructure construction and other aspects, and who will pay for the losses caused by forcibly recovering the franchise?"
"Take this opportunity to take a good look at the account books, so that everyone can see what practical things Xiangjiang Telecom has done after it fell into our hands."
……
After giving this-for-tat instruction, Tang Huan couldn't care less about continuing to pay attention, because of IBM's new generation of personal computers, more and more news was being disclosed, and the momentum was getting stronger and stronger, and it was clear that it was about to come out, and he had to hold a meeting immediately and be ready for it.
Read the full article tomorrow morning. If you accidentally click on the mobile phone client, you can press and hold the chapter name on the directory interface to download it again.
……
California high-speed rail is a massive project costing more than $30 billion, and even a third of the funds will be enough to breathe a sigh of relief from the Bank of America, which is plagued by non-performing loans.
"Guys, I'll just say that Don can bring us the strongest good news." Alden Clausen laughed and looked around.
……
"Don has always been our most quality and important customer."
"If Tang can become our partner, then this current difficulty will not be a problem at all, and there is no need to sell assets on a large scale."
……
"Thank you very much." In the midst of this compliment, Tang Huan smiled and waved his hand.
Can the sweet words of bankers be taken seriously?
Besides, the aura of the richest man in the United States is dazzling enough, and Tang Huan doesn't want to provoke the sensitive nerves of those traditional heroes too much outside the IT industry.
Therefore, there is still a distance between the calculations of the Bank of America and Tang Huan's ideas.
"I have just stated the principles of this cooperation." Tang Huan continued: "Based on this consideration, Renke should be more suitable than me personally, and Louis Gerstner is the best candidate to join the board of directors. ”
The conference room was completely silent, and Bank of America began to ponder Tang Huan's cooperation plan for launching an agent.
"Renke is a successful IT application provider in the field of business management, and has successfully provided solutions for nearly 1,000 companies, and if we partner with Bank of America, we will undoubtedly be able to do it in one fell swoop." Tang Huan added unhurriedly.
"Whether it's Renko or Tang, there is no difference in essence. Everybody's in the California system, aren't they? Alden Clausen was the first to speak.
"That's true." Others began to chim.
In the midst of the discussion, Louis Gerstner, who had a serious face, straightened his back. He didn't expect that after jumping from American Express to the IT field in frustration, he would return to his old business in finance so quickly. It seems that the boss is right, the future has infinite possibilities!
……
With the hostile takeover of First Intercontinental Bank, Bank of America is on the verge of life and death. Naturally, these people, whose vital interests were concerned, did not dare to slack off in the slightest, and the meeting lasted until the night.
In this way, Bank of America was able to hold a press conference as quickly as possible.
The media had been watching Bank of America's every move for a long time, and when they were notified, they immediately flocked to see how it planned to get out of its current predicament.
Surprisingly, Alden Clausen, CEO of Bank of America, first introduced Louis Gerstner, who was sitting next to him, before making the announcement.
Several heavyweight executives under Tang Huan are not unknown, and reporters can recognize them at a glance. They couldn't help but wonder, what is this chairman of the board of directors of Renke sitting here for?
Alden Clausen was quick to give the answer, "What I want to tell you is that Bank of America and Renke will hold shares in each other and become strategic partners; Mr. Louis Gerstner will be on the board of directors of Bank of America. ”
Looking at the appearance of everyone in the audience who were surprised and whispered, Alden Clausen smiled proudly, this is what he wanted.
Next, the CEO of Bank of America, who has only been in office for a short time, began to announce the second news: "In the next few years, Bank of America will carry out a series of reforms, including administration, and vigorously adopt the latest advanced technology to reduce operating costs and provide the best service to customers." I would like to ask Mr. Gerstner to introduce us to us about the plan in this regard. ”
……
This press conference was almost Alden Clausen's policy speech, and there was no question session, let alone how to counter the hostile takeover of First Intercontinental Bank.
However, when these reporters left the press conference in a daze, they got the latest news that Bank of America had launched countermeasures, and as soon as the New York Stock Exchange opened, it began to buy back its own shares on a large scale.
Previously, the stock price of Bank of America fell to a minimum of $8, which made First Intercontinental Bank covetous. When it launched a hostile takeover, Bank of America's stock price remained sluggish. But after Bank of America's money entered the stock market with great fanfare, it finally gave the stock price a shot in the arm and began to rebound slowly under the competition between the two sides.
In fact, the hostile takeover of Bank of America by First Intercontinental Bank was of a very gambling nature. You must know that Bank of America's plate is not small, and a casual increase in the price will cause a lot of cost pressure on the acquirer.
In the evening of the same day, the interpretation of the news disclosed at the Bank of America press conference was also released. (To be continued.) )