Hollywood Hunter

Chapter 380 Exit Fee

Remember in one second [End of the God Station] Mobile phone user input address: m.xinwanben.com

After hesitating for a moment, Lou Vassalman said: "Simon, it is impossible to completely waive the exit fee, and the board of directors will not agree. However, we can discuss the specific amount carefully."

Simon didn't want to waste too much time on it, saying, "That's $50 million, a fixed number."

$50 million is a huge amount of money that is out of reach for most ordinary people, but for Simon now, this money is nothing.

The exit fee negotiated by mca and Panasonic is 2.5% of the final transaction value of both parties. If calculated according to the recent market value of mca close to 6 billion US dollars, once Panasonic abandons the acquisition, it needs to pay 150 million US dollars for the exit fee, which is roughly equivalent to mca's net profit for half a year.

Vasalman originally considered that the exit fee of Daenerys Entertainment could be set between 1% and 2%, which is already a big concession. Hearing that Simon was only willing to give a fixed fee of 50 million US dollars, he shook his head and said. : "Simon, that number is too low."

Simon insisted: "You want me to be involved in this as soon as possible, Lu, this is the price that has to be paid."

Vasalman thought again and said, "Then, things must be made public in advance."

Simon shook his head: "No, after signing the agreement of intent, Daenerys Entertainment will start a feasibility investigation of the acquisition of mca, and will not really start the acquisition immediately."

Vasalman twitched the corner of his mouth, feasibility investigation, who would believe that Daenerys Entertainment has not even completed this preparatory work?

However, everyone understood that this was just an excuse, and Vasalman did not refute it.

The two continued to haggle for a moment, with Simon reluctantly raising the exit fee to $60 million, roughly 1% of mca's current market value. Daenerys Entertainment will sign an agreement of intent with mca within a week to investigate and evaluate the feasibility of acquiring mca. mca needs to cooperate with the initiative to provide necessary internal assets and financial data.

At the same time, although this matter needs to be kept secret from the outside world, mca can inform Panasonic that Daenerys Entertainment has officially participated in the bidding.

Send Simon to leave in person, Vasalman returned to the office just now, mca president Sid Simberg had appeared, seeing Vasalman nodding, Simberg knew that Simon had confirmed his entry, and asked: "Lu, you and Has Westeros discussed corporate governance?"

Lou Vasalman has finally expressed his intentions to retire after a serious illness three years ago, which is why he agreed to sell the company he controlled for decades.

However, power is always the more deeply immersed it is, the harder it is to let go.

After a few years, Vasalman's idea of ​​retiring gradually faded because his physical condition improved again. Among the acquisition conditions discussed by Panasonic and mca, it is very important to continue to maintain the existing management's control over the company.

Compared with Lou Wassalman, who is 77 years old this year, Sid Schinberg, who is only 55 years old and in his prime, does not want to give up his power.

Lou Wassalman shook his head, sat down slowly behind his desk, and said, "A friend of mine in Washington called me yesterday morning and said it was Ovitz and they were making contacts to try and stop Danielle. Silk Entertainment's acquisition of mca. I asked Ovitz personally this morning and he admitted it."

Ronald Reagan was a signed artist under mca in his early years, so Vasalman actually has a good network in politics.

Sid Simberg was a little surprised by the news. He forgot the question just now and subconsciously said: "We can't let Ovitz destroy this acquisition."

"Of course," Vasalman motioned for Simberg to sit down opposite him, "I have warned him. However, if I had to choose between Panasonic and Daenerys, I would still prefer to sell the mca. To Panasonic, do you understand why this is?"

Sid Simberg pulled up a chair and sat opposite Vasalman, and nodded quickly after thinking about it: "If the company is acquired by Daenerys Entertainment, Westeros probably won't continue to let us run the helm. mca."

"Not very likely, definitely not," Vasalman said: "Once Westeros gets mca, he will definitely integrate Daenerys with mca, a lot of our company's business happens to be with Dany Liz complements each other. Westeros has built a very good management team in recent years, and he will not be able to keep us."

Sid Simberg quickly cleared Vasalman's line of thinking.

Vasalman urged Daenerys Entertainment to join the bid, which could force Panasonic to raise its offer.

Then, Ovitz shot at the right moment to squeeze out Daenerys Entertainment, so that mca could be sold to Panasonic smoothly. Although the shareholders were changed, mca would continue to be in the hands of his own management.

Seeing the clear expression on Sid Simberg's face, Vasalman added with a little sullenness: "Also, Hollywood has always been ours after all, Westeros, no matter what, it's just an outsider. I don't believe the other companies will really give up on stopping Daenerys Entertainment's continued expansion just because of the benefit of one or two movies."

The 'we' here, of course, refers to the Jews.

No matter what the shareholders behind the scenes are, the head of the studio with real power is basically Jewish. Lou Wassalman, Sid Simberg, Steve Ross, Barry Diller, Shirley Lansing, Peter

De Cooper and so on, that's all.

Even Amy Pascal, too.

So Hollywood is the Hollywood of the Jews, and few would argue against that.

The Jewish community in possession of Hollywood is sure to instinctively resist a non-Jew holding more and more power.

Simon Westeros, just a person of unknown origin, although there is a surname before Westeros that can show racial blood, but no one knows whether it is true or not, so no one Know what his racial lineage really is.

In fact, the traditional Western countries in their bones, among different groups of people, have always been very interested in this issue.

The unsubstantiated rumours that a certain American president must be more or less blood-related to the British royal family are the best proof of this.

The rise of Simon Westeros is so fast that it is dizzying. However, this time the acquisition of mca, probably no one will be too slow to respond.

Although Westeros did not exclude Jews or other racial inclinations in the process of running Daenerys Entertainment, he was not Jewish after all, or did not publicly profess to admit that he was Jewish.

Regarding this matter, although the Jews in Hollywood do not necessarily know about Eastern culture, they understand a common truth very well.

Non-my family, its heart must be different.

Sid Simberg didn't think there was anything wrong with Vasalman's words, and asked: "Lu, what are you going to do with Ovitz?"

...

Simon didn't know Lou Vasalman's thoughts, and when he returned to Daenerys Studios, he told Amy and others to officially start contact with mca.

Sign the agreement of intent as soon as possible, so as not only to determine the exit fee of 60 million US dollars, but also to formally ask mca for some internal assets and financial data that were not available before, so that the acquisition team can make appropriate adjustments to the original acquisition plan .

After finishing the meeting with Amy and others, Simon returned to his office, and the female assistant came in with a document.

"This is the information from New York. Regarding David Melrose's proposal to restrict the acquisition of American assets by overseas companies, they will formally submit it to Congress next week. Also, we have helped to contact the New York Times. ", "Los Angeles Times" and "Washington Post" three media, they will follow up and report on this motion simultaneously."

Simon took the folder from the female assistant, sat behind the desk and looked down.

David Melrose, the U.S. Congressman Simon met last time at Hearst's party.

Although he broke up with the Hearst family and did not think that David Merroth's bill would be able to gain Congressional support, Simon later instructed James Raybould to contact the other party and let Westeros Company The funded Schlapp Consulting Company followed up on this incident and took the initiative to help David Melrose to build momentum.

As long as it can put some pressure on Panasonic's acquisition of mca, it's worth it.

Moreover, after a cooperation, Daenerys Entertainment was also able to successfully establish contact with the congressman named David Melrose. This kind of network has always been accumulated little by little between you and me.

Because there are sufficient preparations for the acquisition of mca, Daenerys Entertainment quietly signed an agreement of intent with mca in just two days over the weekend.

Although mca did not quietly disclose the matter to the media this time, due to the official entry of Daenerys Entertainment, Panasonic withdrew an offer from last week and resumed consultations with mca.

As a result of this change, the mca takeover is doomed to drag on at least until the end of October, which is exactly what Simon wants.

With that done, Simon flew to Melbourne as planned on a new Monday, October 15.

For several days in a row, I spent a few days with Jane de Bont and others in the filming base that was originally an abandoned factory in the western suburbs of Melbourne, which was already a prototype of a studio. Although I was very satisfied with most of the samples that De Bont shot, but because After all, he didn't take the helm himself, and Simon still found a lot of shots that needed to be shot, partly for technical reasons, and partly because he was not satisfied with the effects of the shots.

However, the re-shooting work did not start immediately, but was scheduled for three months later, that is, in January next year.

At that time, the rough silhouette and special effects shots of "Batman: The Dark Knight" will basically be completed, and the details of the reshoots can be confirmed more accurately to save the budget.

Due to the great success of the first installment, the budget for Batman: The Dark Knight is practically unlimited as long as it is needed, but Simon has always been very mindful of this issue. With strict and meticulous pre-planning, the final budget of the project was able to be controlled within the planned $80 million even with the reshoots that took about two weeks.

During the process of Simon's stay in Melbourne, Panasonic submitted an offer to mca again after urgent weighing, raising the overall purchase price to US$6.5 billion, which is already comparable to the transaction price in Simon's memory.

Probably the news of Daenerys Entertainment's official entry into the game inevitably leaked, and this week, mca's share price also rose significantly again.

According to this trend, it is only a matter of time before the market value of mca exceeds the $7 billion offer cap in Simon's plan.

The only thing that is fortunate is that compared to Columbia Pictures' huge debt of more than one billion US dollars, mca, which has always been in a very good business situation, has an almost negligible debt ratio. Although it is impossible to not have it, it is basically

The above are operating liabilities such as short-term accounts payable bills, and there are no large bank loans.

The Johnston family home on the outskirts of Melbourne.

The time is already October 20th, Saturday, and I will return to Los Angeles tomorrow. Simon came here to have dinner with everyone today. Because of some things in North America, Janet did not come to Australia with Simon this time.

Still a big family, the Anthony Johnstons, the Norman Johnstons, and the Johnstons, Patrick Johnston and Sarah Kisson, who were recently officially engaged at the urging of the old man, Victoria. Ronica naturally rushed over.

After dinner, Simon and the old man, the eldest and the second came to the study together. Patrick felt that since he was a man from the Johnston family, he should also have the right to listen in, but the joke was not finished, and he turned into a quail after being glared by the old man.

"Initiating the acquisition of two companies at the same time may avoid some of the market's excessive frenzy, but Simon, have you considered the financial pressure in the later stage? I mean, not only the repayment pressure in the future, but also the two companies further The capital needed for development itself, especially Bell Atlantic, the telecommunications industry wants to expand, the investment has always been very huge, although it is only a regional telecommunications company, but if you want to develop emerging Internet access services, it is only infrastructure investment , probably in the billion-dollar level?"

In the study, Raymond Johnston obviously knew all about Simon's recent movements, and asked with a clear disapproval as soon as he opened his mouth.

Simon naturally considered these questions.

With the current accumulation of the Westeros system, with Daenerys Entertainment's profits in the next few years, some of the technology stock assets planned to be sold, and the cash flow of the two major target companies after the acquisition is completed, it will support the next three to five years. Debt repayment is not a problem.

Further down the line, after next year's Gulf War, the U.S. economy will recover. Various other assets held by the Westeros system will appreciate rapidly over the next few years.

In 1995, both Microsoft and Intel would have a market capitalization of around $50 billion.

With the Westeros system holding 20% ​​and 15% of Microsoft and Intel respectively, at that time, only the value of this batch of stocks is expected to reach 17.5 billion US dollars. If necessary, Simon can fully cash out some assets. form to ease your financial pressure.

After roughly describing his plan, the old man frowned even more and said, "It's really stupid to pin your hopes on the U.S. economy will improve. Bush is not a president who cares about the domestic economy, and he is still Planning to drag the United States into another war, you go to find out what was the state of the U.S. economy during the Vietnam War. If he succeeds in re-election next, the U.S. economic situation will only continue to deteriorate, and it is impossible to improve.”

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