‘Eddie,’ he said eventually, coming to a sudden halt and pointing back at the phone on the antique writing desk, ‘that was Hank Atwood I was talking to there. We’re having lunch on Thursday. I want you to come along.’
Hank Atwood, the Chairman of MCL-Parnassus, was routinely described as one of the ‘architects of the entertainment-industrial complex’.
‘
‘Yes, Eddie, and what’s more, I want you to come and work for me.’ In response to this I asked him the one question that I had promised Kevin I wouldn’t ask.
‘What’s going on with Atwood, Mr Van Loon?’
He held my gaze, took a deep breath, and then said, clearly against his better judgement, ‘We’re negotiating a takeover deal with Abraxas.’ He paused. ‘
Abraxas was the country’s second-largest Internet service provider. The three-year-old company had a market capitalization of $114 billion, scant profits to date, and – of course – attitude to burn. Compared to the venerable MCL-Parnassus, which had assets stretching back nearly sixty years, Abraxas was a mewling infant.
I said, barely able to contain my disbelief, ‘Abraxas buying out
He nodded, but only just.
The kaleidoscope of possibilities opened up before me.
‘We’re mediating the deal,’ he said, ‘helping them to structure it, to engineer the financials, that kind of thing.’ He paused. ‘No one knows about this, Eddie. People are aware that I’m talking to Hank Atwood, but no one knows why. If this got out it could have a significant impact on the markets, but it’d also most likely kill the deal … so …’
He looked straight at me and let a shrug of his shoulders finish the thought.
I held up my hands, palms out. ‘Don’t worry, I’m not talking to
‘And you realize that if you
I nodded.
‘ … and could go to prison?’
‘Look,
‘I know that, Eddie,’ he said, with a hint of emotion in his voice, ‘I know that.’ He took a moment to compose himself and then went on. ‘Look, it’s a very complex process, and right now we’re at a crucial stage. I wouldn’t say we’re blocked exactly, but … we need someone to take a fresh look at it.’
I felt the rate of my heart-beat increase.
‘I’ve got an army of MBAs working for me down on Forty-eighth Street, Eddie, but the problem is
I couldn’t believe this, and had a sudden flash of how incongruous it all seemed – Carl Van Loon needing someone like me?
‘I’m offering you a real chance here, Eddie, and I don’t care … I don’t care
He reached down, picked up his glass from the coffee table and drained what was left in it.
‘That’s how I’ve
Then he allowed the grin to break though.
‘This is going to be the biggest merger in American corporate history.’
Fighting off a slight queasiness, I grinned back.
He held up his hands. ‘So … Mr Spinola, what do you say?’
I struggled to think of something, but I was still in shock.
‘Look, maybe you need a little time to think about it—which is OK.’
Van Loon then reached down to the coffee table, took my glass in his other hand and as he walked over to the drinks cabinet to get refills, I felt the strong pull of his enthusiasm – and the ineluctable pull of an unlooked-for destiny – and knew that I had no choice but to accept.
[ 13 ]
I LEFT ABOUT AN HOUR LATER. Disappointingly, there was no sign of Ginny in the hallway as Van Loon ushered me out of the apartment, but by that point I was in such a state of euphoria that if I’d had to talk to her – or, for that matter, to anyone else – I probably wouldn’t have made much sense.
It was a cool evening, and as I strolled down Park Avenue I cast my mind back over the previous few weeks. It had been an extraordinary time in my life. I wasn’t hindered by anything or inhibited in any way, and not since my early twenties had I been able to look to the future with such energy, and – perhaps more significantly –