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Chapter 479: Acquiring Artists

As soon as the loan is reached, Liberty City Investment Company will divide the 2 billion yuan of it, and the remaining funds are naturally prepared to acquire Marvel Entertainment.

However, Andy will definitely not spend Disney's original price of more than 4 billion to acquire Marvel, and the value per share is as high as fifty dollars, which is crazy.

Of course, I missed the bargain price when it went bankrupt in 1996. No matter what the price is, the shareholders will make a lot of money now. The most important thing is that the current economic environment and Marvel's load rate have huge advantages for Andy's next acquisition. At the same time, it is also because Marvel has not yet made a big fuss to shoot "Iron Man" in a hot spot. Judging from the current form, Marvel is still in the situation where she has just ended her life, holding resources in her hand, but no one takes care of it.

After the loan was completed, the people under each side were busy with various subsequent fund transfers, while Andy and Lewis came to the office.

Lewis took the Havana cigar handed to him by Andy, and after lit it, he waited patiently for the young man who rose up like a legendary story in front of him to tell him something amazing next.

"Lewis, do you remember what I told you before, will your sincerity bring you unexpected gains?"

Lewis' eyes lit up, and he looked at Andy, who was smiling with a cigar on his finger, holding a red wine bottle, holding a red wine bottle and pouring red wine with two goblets, asked anxiously: "Of course! I have been looking forward to the big plan you kept secret from me. Is the time ripe? Yes, now your net worth is... Oh my God, Mr. Smith, you have prepared so much money just for that big plan, right?"

Andy smiled and handed the wine to Lewis, who was already in a state of complete shock, shook his head and said, "Not all, but the funds needed are not small. Most of my funds have other places to go. I hope that Bank of America can complete this big plan with me as my allies."

Lewis heard some hints in Andy's words and knew that this cooperation might have some risks, but thinking of the legendary attributes of the young man in front of him, he almost watched him gather wealth at an almost crazy speed for more than a year.

If someone like Andy Smith needs to plan for so long, there is no huge benefit in it. The fool will not believe it. Since he has already followed Andy and tasted the sweetness, he will naturally not miss any opportunity easily.

“Your goal is…?”

"marvel is—Marvel Entertainment Group!" (Although it will be officially renamed in 2010, everyone is still used to the name of Marvel after all.)

Lewis didn't have any surprise expression this time. He had already made some mental preparations before, but he felt that this was natural. If it weren't for this kind of company, Andy Smith wouldn't be so cautious.

"Marvel... They contacted our bank some time ago, hoping to use the mortgage of 10 famous comic characters to raise funds from us to recover the copyrights of some core characters they sold before. However, because the amount of funds was not negotiated, they finally chose Merrill Lynch and took a total of $525 million from Merrill Lynch." Lewis frowned slightly and told Andy about his own situation.

"It seems that Marvel's debt ratio is not low, and she has a strong desire for funds." Andy's understanding of Marvel is limited to superhero comics and movies. The company's specific situation is being collected by his own think tank.

"I don't know how we cooperate?" Lewis was more concerned about how much benefit Bank of America could gain in this plan, which was directly related to whether he would participate in the decision-making in the plan. After all, he was just an executive, not a big man on the board.

"I hope your bank can be my partner and let me use leveraged acquisition to acquire Marvel Entertainment Group!" Andy's face was filled with confidence and calm smile, and his whole body leaned against the sofa, adjusted his comfortable sitting posture, and the cigars were smoky, but his eyes became extremely bright and bright.

Lewis's pupils shrank slightly, his brows frowned, weighing the pros and cons. To be honest, he did not understand the true value of Marvel, but he knew that the minimum amount of funds to acquire Marvel would be around 2-3 billion US dollars. Andy Smith was fully capable of completing the acquisition alone, but now he wanted to bring Bank of America, which means that he did not want to waste his funds on this acquisition case, and he was still confident that Marvel would maximize his interests in his hands.

He wouldn't doubt Andy Smith's ability. How many people dare to doubt Andy's ability to make money now? Damn it's almost turned into gold.

The so-called leveraged acquisition is also called a highly liable acquisition method. It is a merger and acquisition activity in which a small amount of own funds is used to collateralize the assets of the acquired company and the future income capacity to raise part of the funds for acquisition.

"Mr. Smith, how much money are you going to use as a basis? How much acquisition funds are you going to raise from our bank? How can you ensure that the company's income after the acquisition is enough to cover the high proportion of debts arising from the acquisition?" Lewis's expression was very serious. The question he asked was also the answer to him who wanted to go back and convince the board of directors.

"I will use 500 million US dollars as the basic funds, and the remaining subsequent acquisition funds will be raised by your bank. I have a systematic and long-term plan for Marvel and specific profit projects. However, this involves a strategic management plan. It needs to be kept confidential before your bank agrees to cooperate. I can't say too much, but everyone knows what Marvel is the most valuable, with nearly 5,000 superhero characters. I have a film company and a game company. I think these unrealized IPs will continue to turn into US dollars in my hands!"

Andy was not embarrassed by Lewis' doubts. This involved a business of more than one billion or even more than two billion. Without a reason to convince the board of directors of Bank of America, it would be difficult for him to use Bank of America's money to buy his own industry.

After all, acquirers who can make high profits with very little money are best at using other people's money, and are also called "acquisition artists".

Of course, if you miss the truth, the real assets of the acquired target company are too cheap, and this highly leveraged merger and acquisition behavior is also called "the dancer on the grave."

Lewis left with Andy's not very convincing answer. Although Lewis' expression has always been solemn, Andy is not worried that Bank of America will reject his plan, because what Bank of America has to do next is to quickly organize people to evaluate the assets of Marvel Entertainment Group to weigh the pros and cons, which also saves a lot of work from Andy's team. After all, no one is more professional than banks in evaluating assets.
Chapter completed!
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