Chapter 1240 Everyone is a friend, you're welcome
“NBC Global’s value may be between $20 billion and $23 billion, including $5.1 billion in debt. To successfully acquire NBC Global, the acquisition price may have to exceed 30% to 40% of its value, which means NBC Global’s value may exceed $30 billion.”
Speaking of the funding issue that is the most critical of the merger and acquisition, the expressions of the people in the conference room also became serious, and Andy also pondered for a moment and asked: "What about Vivendy's attitude? The 20% stake in their hands is also very critical."
“Vivendi acquired NBC shares in 2004 at the expense of selling its media assets such as Universal Pictures to GE. Almost every year from November to December, Vivandi informed GE, claiming that it intends to sell NBC shares in the market. This right of Vivandi will continue until 2016.”
Analyst Aspesi continued to say to his big boss: "I think Vivendi may not want to sell this part of the asset now, but more about putting pressure on the hope of reversing GE's operating results within a few months and then selling it at a higher price."
"It seems that the breakthrough can only be placed on Jeff Immelt!" Andy frowned and gently tapped the conference table, his eyes turned to Alvetre, and asked, "Where are our merger chips?"
"Amc TV's current valuation is around 4.7 billion yuan, and as a bargaining chip, it can also be a premium of 30%-40%, and it is conservatively estimated to be around 6 billion US dollars.
The total valuation of Tingfeng Entertainment is around US$700 million. As for Weinstein, the maximum valuation of US$200 million, of which there are US$50 million in debt. After all, the most valuable film library has been divided.
Hulu video market valuation is around US$800 million, but its potential is huge. Since its establishment, Hulu has exclusive channels to obtain content from three of the four major TV network companies in the United States. Hulu's total revenue is nearly US$200 million, and now has about 2 million hulu plus subscribers, paying to watch online content.
American satellite TV operators dish, Amazon, Google and Yahoo all expressed their intention to acquire Hulu, and the acquisition price ranges submitted by the above companies are between 1 billion and 1.5 billion US dollars. Among them, Google's acquisition price is higher."
Al reported the valuations of the three companies, which made everyone, including Andy, slightly stunned. The key is that the development is too rapid, but this is understandable. Without shortage of money, the speed of development and expansion cannot be underestimated.
Amc TV alone has as many as 8 TV stations that reap News Corp. Not to mention the local TV stations in major cities they have acquired before, it has a valuation of US$4.7 billion, not to mention the TV series and reality shows launched, the ratings can even easily crush the TV content launched by NBC's latest season.
What is most amazing is the huge base of 51 million subscribers of amc TV stations. This is a big piece of fat, and any TV station is extremely jealous.
"At the maximum is only more than 8 billion US dollars. It seems that no matter what, cash is necessary, but it doesn't matter. As long as you complete the merger and acquisition of NBC Global, all this is worth it, my media kingdom..."
Andy sat upright, looking around with a burning look, her fists slowly clenched, her voice a little low, but the firmness and ambition revealed made everyone present clearly feel the ambition of his boss.
"Bang"
"Good ball!" Warren Buffett, wearing a baseball cap, looked at the golf ball with a beautiful arc falling near the white flagpole in the distance, and couldn't help but exclaim, "It seems that your ball skills have indeed improved a lot."
"When it comes to sports, to be honest, there is no exercise that can stump me. The key is that I am not interested." Andy's lips curled up and said calmly, with a strong smell of costume.
Warren Buffett couldn't help but shook his head and laughed. He didn't bother with this matter. He handed the club to the caddie behind him. After saying thank you, he took down the gloves on his right hand and said, "General Electric basically agreed to my conditions. This surprised me, but it was also expected. Moreover, Jeff was very excited about knowing you. He originally wanted to come with me, but before leaving, he received a video conference notice from the Ministry of Finance, so he could only come back later."
Andy had no doubts about this. Jeff Immelt, who was in a hurry, would never be too slow to treat him. He did not take it seriously, but said to Warren Buffett with a smile: "It seems that the concessions and compromises made by General Motors make you very happy and satisfied. With your personality, it must be a condition for making a stable profit and not losing money. It seems that a good reputation and influence can really be turned into real money!"
"Haha, this is not just a matter of reputation, I also invested $3 billion..."
Hearing Warren's rebuttal, Andy raised his eyebrows and jokingly said, "Come on, Warren, GE may really be short of money, but it will not be difficult if they really want to make money."
Andy didn't say it too bluntly, but Old Man Ba, who was proud of picking up a cigarette and was smug at the speculative opportunity of making a profit, naturally understood what Andy said. They all knew very well that the most serious problem at present was fragile market confidence, and General Electric's opening of financing was to eliminate people's concerns about their financial health.
"Apart from NBC Global, don't you want to join? You know, this kind of opportunity does not come every year, whether it is interest or preferred stocks, it is a considerable profit." Warren and Andy got on the electric car and drove towards the next golf area.
"I'm not as rich as you. I have a place to go for money. Short-term investment is easy to say, but it will take three or four years to get profits. I don't have the patience. Alas, I don't have the confidence to do so!" Andy shook his head helplessly, looking like he was unable to match his strength, and said pretentiously.
"Ahem, you kid, really..." Buffett coughed lightly, shook his head with laughter and tears. Who on Wall Street knew that the little guy in front of him had taken action some time ago and almost used cruel means to rob Lehman, mg Stanley, Citi, Aig, and even Goldman Sachs. He almost ate to death. He even pretended to be in a loss of money. He really wanted to go up and slap him a few times.
"By the way, Berkshire Hathaway's stock price has fallen quite a lot recently, 14%, tsk, if you didn't know you have enough funds, you would say no..." Andy raised his eyebrows and smiled wickedly, as if I was very interested in shorting your company.
Warren was not worried at all about this. As Andy said, he had enough reserves to allow all the short forces who dared to short his company to lose their positions and lose all their money.
"Welcome to short!" Warren said lightly, his tone and expression showing calmness and domineeringness.
Andy just smiled unanimously. Although he had the opportunity to give a knife to Old Man Ba in front of him, the benefits were disproportionate, and he might have an old cunning enemy. He would not do anything that would be worth the loss.
After Andy and Warren's golf game for about half an hour, Jeff Immelt, with silver-white hair, came late with sincere apology, and first expressed his apology to Warren and Andy very sincerely. The three of them exchanged greetings for about ten minutes, which made the meeting normal.
"Andy, if you want to invest, we can give you the same conditions as Warren, and I can guarantee this."
Speaking of investment, Jeff Immelt directly opened his trump card without going around the corner. For him, who is currently surrounded by enemies, being able to pull the stock god and the God of Wealth into this financing plan can definitely easily solve the troubles of General Electric this time.
"Thank you." Andy was a little surprised. First, thanked the other party for his kindness, then shook his head and smiled a little embarrassedly: "Although I really want to participate, I have other plans in progress, not much cash, and I continue to turn over. Forget preferred stocks, just common stock, I subscribe to $3 billion in common stock, I hope this can help you, my friend!"
Hearing Andy's shameless words, Warren Buffett's smile remained the same, and only the corners of his mouth twitched slightly unnaturally. Perhaps what he wanted most at this moment was to find a place to vomit for a while. When Jeff looked very happy and was a little excited to shake hands with Andy to thank him, he once again had the urge to vomit. Then, he smiled and said, "Since everyone is friends, you don't have to be so polite. Let's talk while playing ball."
Chapter completed!