Mr. Summers did not have any difficulties with the departure of Sheryl Sandberg, he just felt a little surprised, this student is very talented, he appreciates it very much, whether it is not in politics, women in politics will indeed be under more pressure.

When Summers asked for a specific whereabouts, Sheryl Sandberg told him that he was an ICQ company, and gave Mr. Summers a 5-digit ICQ invitation card, and also gave Mr. Summers her own new ICQ number, of course, her ICQ is also 5-digit, which is a few registration invitation cards that Cang Yaozu specially left for her.

The handover is still a few days away, and Sheryl Sandberg can't just make it to ICQ's headquarters in Silicon Valley. But Sheryl Sandberg will be there tomorrow morning at the Seagram Building to negotiate with the Bronfmans.

The next day, Cang Yaozu and Melissa, Sherrill and Robert Iger arrived at the Seagram Building, a champagne-colored mansion on Garden Street in Manhattan, New York, which looks quite sophisticated and simple, and the champagne color may indicate that its owner is a liquor company.

Cang Yaozu took the three of them to the elevator, this three-person team is very luxurious, Sherrill will lead the Internet business in the future, and is currently about to serve as the CEO of ICQ.

Robert Iger is in charge of the film and television media industry, and Marvel Studios, Legendary Studios, digital special effects companies, Blue Sky Studios, and the upcoming acquisition of Universal Pictures and TV Network will be his management.

Melissa is mainly responsible for the fundraising and management of Cang Yaozu's two private equity funds, Panda Capital and Penguin Capital, and will also serve as the chief financial officer of each company.

Edgar Bronfman Sr., his staff team and Edgar Bronfman Jr. received the four of them in the conference room, and listened to Cang Yaozu's detailed explanation of the cooperation plan.

As for the terms of the deal proposed by Cang, Edgar Bronfman Sr. was acceptable to ICQ's 5% stake and the guaranteed buyback clause, but he was not very interested, and he also asked Cang Yaozu to pay more cash.

Obviously, the old Edgar does not accept Cang Yaozu's empty glove white wolf plan, and his interest in ICQ stocks that will skyrocket after 3 years is not high, and the old guy still pays more attention to immediate interests.

In the old Edgar's thoughts, if a company that has not yet been listed talks about the valuation and market value, it is nonsense, and the guaranteed repurchase is even more nonsense, who knows how many shareholders this kid promised to buy back with a guarantee, and how will it be rounded? What is the order? There is no guarantee at all.

If Cang Yaozu can't come up with the money by then, will he still have to get Universal Pictures back? So what if Universal Pictures has been damaged in the past few years? Only when the money is in his own hands can he feel at ease.

Edgar Jr. had no intention of running the liquor company, so the Bronfman family decided not to run the liquor company anymore, and Seagram and Universal Pictures were sold in a package and resolutely not to be separated.

Cang Yaozu thought about it repeatedly, and finally made up his mind, no matter what, he would win Universal Pictures by smashing the pot and selling iron.

Cang Yaozu proposed a new acquisition plan, Universal Music was spun off, jointly owned and operated by Cang Yaozu and Edgar Jr., each with 50% of the equity, and Cang Yaozu paid $12 billion in cash to acquire the Sigram Group, including Universal Pictures, with a 5% stake in ICQ with a guaranteed repurchase clause of $5 billion, but the payment should be divided into two installments, which will be paid in full within half a year.

Billions of dollars are indeed not so easy to raise, and the elder Edgar agreed to this condition, but he demanded that assets such as Seagram Wine and Universal Pictures, which were traded to Cang Yaozu, could not be transferred during the cooperation period, and these assets would be used as collateral unless Cang Yaozu paid the entire transaction money.

After many negotiations, the two sides finally signed a memorandum of cooperation, Seagram Wines and its subordinate Universal Pictures and other assets were packaged and transferred to Cang Yaozu for operation, in order to facilitate Cang Yaozu's financing, the Bronfman family made some concessions on the payment time, Cang Yaozu had to pay $5 billion to the Bronfman family within three months, and Cang Yaozu had to pay another $7 billion to the Bronfman family within nine months.

In other words, Cang Yaozu acquired all the shares of Seagram Wine and Universal Pictures, USA Network and Universal Studios and 50% of the equity of Universal Music at a price of 17 billion US dollars.

Assets such as Seagram and Universal Pictures cannot be sold or pledged until the payment is made. A 5% stake in ICQ is to be handed over after the contract is signed, with a guaranteed buyback clause of $5 billion for a period of three years.

Such a transaction requires a lot of restrictions on Cang Yaozu, which is not conducive to his use of these assets to finance the Bronfman family, but the Bronfman family's demands are reasonable, after all, they have made some concessions on the payment time.

The inability to dispose of these assets did make Cang Yaozu a little passive, and after negotiation, and finally at the suggestion of Melissa and Sheryl, Cang Yaozu signed a bankruptcy priority contract with the Bronfman family.

In this way, Cang Yaozu can dispose of these assets at will, but the contract stipulates that the total value of Cang's total assets in Citigroup, cash, equity and real estate shall not be less than 15 billion US dollars. If Cang Yaozu declares bankruptcy, the Bronfman family has a priority right to be compensated.

Well, in order to buy Universal Pictures, Cang Yaozu was once again in huge debt, and he went further and further on the road of big losses. Not only that, but he was also forced to buy a bunch of liquor company assets, and Cang Yaozu pondered, could it be that in the flagship experience store built for Marvel, an area had to be opened up as a wine area?

Seagram is now the world's No. 1 wine company, Martell, Chivas Regal, Royal Salute is famous, the establishment of a chain of wine cellars, for some celebrities, especially Hollywood and Silicon Valley celebrities to provide private wine cellar construction services is also a good choice.

Speaking of this liquor company, Cang Yaozu remembered that he was still under construction Yandu Houhai Bar Street project, by the way, to build a large wine cellar in Houhai, and carry out visits, sales and wine tasting business, with the help of the reputation of Houhai Bar Street, the effect must be very good.

The supply of liquor in Houhai Bar Street is all taken down by Seagram Wine Company, it is impossible to sell fake wine, and other companies that want to sell alcohol there must be strictly inspected and supervised, and the alcohol in Bar Street must be subject to an access system, which is good, good.

Seagram also has the world's number one juice brand, Tropicana, which was later acquired by Coca-Cola, and has a sub-brand, Tropicana.

Of course, now that Seagram Liquor Company has entered Cang Yaozu's mouth, it will be difficult for him to spit it out again, and Coca-Cola should buy other juice brands.

It is definitely an accident to take down the Seagram Wine Company, but it is not impossible to operate, go back to Huaxia to buy a recipe for herbal tea in eastern Guangdong Province, and then you can make Jia Duobao red can herbal tea, and then take the variety show linkage route, which is also very fragrant, not to mention ice tea, ice green tea, and those vitamin functional drinks.

The key is that there is no one in the hand, the cross-industry development is too ruthless, this inattention has run to the wine and beverage industry, the industry is not easy to do, or slow down, the step is too big, it is easy to pull the egg.

This transaction made Cang Yaozu's debt situation even more serious, and the amount directly broke 10 billion US dollars, and now the most important task for Cang Yaozu is to take out 5 billion US dollars within three months and then pay it to the Bronfman family.

In this regard, Cang Yaozu actually has a complete plan, and he believes that it is not very difficult to get $5 billion to deliver the first payment to the Bronfman family within three months, especially if he has Universal Pictures in his hands.

Although the contract restricts him from taking out a mortgage from Universal Pictures, he can't get money without a mortgage, which is too underestimated.

What Cang Yaozu wanted to make a fuss about was the Universal Studios project and the Southeast Asian financial crisis, and Cang Yaozu changed his mind and quickly decided on a plan to kill two birds with one stone.

In three months, he had to come up with $5 billion for the Bronfman family and make another wave of quick money.