I’m Almost Losing to a Muggle

Chapter 815: So everyone is our own

In many cases, a small event that happens by chance may be arranged.

Pei Qianlong invested in this calculation and spent at least tens of millions of dollars.

In fact, a large number of people are willing to commit crimes for three million US dollars. The core conflicts set in movies are often only tens of millions of dollars.

Under Pei Qianlong's remote control, Concubine Han's work is secret and fast.

In a very short period of time, I talked to MGM, and then completely focused on the negotiation with Paramount.

This makes MGM shareholders very frustrated.

Perhaps many people are curious about why MGM shareholders want to sell.

Hasn't the company been profitable?

In 2010, MGM was in debt of $5 billion.

Time Warner is trying to acquire 1.5 billion U.S. dollars.

Lionsgate has opened up to 1.6 to 1.8 billion US dollars.

Bankruptcy reorganization, when a company is unable to repay its debts, bank creditors can force the company to enter bankruptcy proceedings to seek compensation.

Please note that this is the creditor who filed for bankruptcy.

People may have a misunderstanding. I opened a company and I filed for bankruptcy, so I don't have to pay back the money I owe.

This is not the case.

It is my creditor who filed for bankruptcy.

They filed for bankruptcy and reorganization. After the reorganization, my company became debt assets, and my creditors divided up these assets according to their debt relationship.

For example, I originally had a 100% share.

If there are 90% of debt assets, then my share will remain 10%, and the other 90% will become the creditors' share.

MGM is similar.

According to MGM’s bankruptcy and reorganization plan, the $5 billion debt will be written off in exchange. The original MGM creditors including Carl Icahn will obtain approximately 95% of the reorganized MGM company’s shares. Carl Icahn will get a board seat, independent production company Telescope Entertainment will acquire about 5% of the shares, and two executives of Telescope Entertainment will serve as co-CEOs of MGM.

In other words, the current major shareholders of MGM are not willing to be the major shareholders.

It took them five billion dollars in real money to become a major shareholder.

Five billion dollars seven years ago are even more valuable.

Most of these creditors are investment banks and capital, how can they endure the annual profit of one or two billion US dollars.

The 200 million US dollars are a lot of staff, and some will be reserved for the development of the company.

Therefore, MGM is in contact with various capitals every year. The major shareholders want to escape, they want a free body, and they want to take money to create the myth of wealth.

Rather than decay with the once glorious movie myth of MGM.

But the change in form left them at a loss.

He turned his head with a clear goal and went straight to Paramount.

People don't want us anymore.

Be reserved and arrogant.

The eggs are blue with regret.

According to their various investigations and reports, this China Capital is not trying to get caught, but is actually negotiating with Paramount.

why?

Why would you rather buy Paramount for $10 billion than MGM for $8 billion?

We compare with them...

It seems to be incomparable.

A group of major shareholders gathered in a mansion in Beverly Hills, Los Angeles, and held a meeting all night.

"I can't stand it, gentlemen, what must we do?" a little man with glasses yelled frantically.

He was Mr. Morton of the board of directors, a bankrupt banker, and later set up a small venture capital to drink some leftover soup with the bigwigs.

Unexpectedly, he was tied to the broken ship of MGM and couldn't get on and off.

Moving from his Santa Monica mansion to Silver Lake where the middle class gathers, he desperately wants to realize MGM and get his money back.

His share at MGM is about 2.6%, but if he only sells for 5 billion US dollars and can get 130 million US dollars, he will become a billionaire again.

Rather than earning one or two million dividends every year like now, "hard work".

People like him accounted for the majority of those present today.

"Mr. Morton, I understand your feelings, but please stay calm." Co-CEO Gary Barber's gentle voice remembered, successfully calming most people.

After everyone was quiet, he turned his head and asked, "Mary, what is going on at Paramount?"

Chief executive producer Mary Parente was a little frustrated: "They talked very well. Paramount didn't plan to sell it at first, but the conditions for those Chinese people to open it are so good.

"Damn the Chinese!" Morton said again, but when Gary Barberwin looked at him, he quickly lowered his head.

The company’s largest shareholder, Carl Icahn, did not come, and Gary Barber was the one who could be the master.

It is said that Karl Icahn was hit by a young boy riding a mountain bike the other day and broke his leg.

"What conditions did they offer?" Gary Barber asked.

"The purchase price is said to have reached 10.3 billion..." Mary Parente obviously has eyeliner in Paramount, and the position is not low, and even knows the specific details of the acquisition.

But her words were quickly interrupted by that Morton again, and the bankrupt banker screamed: "My God, 10.3 billion, what the **** is Jimmy waiting for?"

"Jimmy is just the CEO. He has no power to sell Paramount, Mr. Morton. If you say one more word today, I will have to ask you out." Although Gary Barber is still gentle, Morton But he closed his lips and shook his head again and again, not daring to say another word.

"In addition to the purchase price, they promised to let the existing team continue to operate. They will give at least two billion US dollars a year and invest no less than ten movies. They will allocate 10% of the proceeds to the team..."

In this banquet hall ~www.wuxiaspot.com~, many people's breathing became heavy.

Huaxia people are really rich!

Who is saying that people can't eat tea eggs?

"I think Paramount may be tempted. China's acquirer has the most powerful distribution system on China's side. Their total box office for movies last year exceeded 2.5 billion U.S. dollars." Mary Parent's voice was full. It's fascinating.

Of those present today, some only care about how much money they can get, and some care about their careers after being acquired.

And all of this, the capital from Huaxia can satisfy them.

But sadly, people's current goal has become Paramount.

"Gentlemen and ladies, we must do something." Gary Barber looked around.

Morton trembled with excitement, because he had just said this sentence, but it was a pity that Gary Barber wouldn't let him speak, so he could only hold his mouth tightly.

"It is difficult for us to encounter such an opportunity again. Zheng Ce from China has tried to prohibit them from acquiring overseas assets, regardless of whether it is Neon or the masters of Los Angeles. They will not spend any more money for us. ."

Gary Barber is like a priest, his hands clasped, and his gentle eyes are full of the light of wisdom.

"We can lower the price appropriately, gentlemen, if you miss this opportunity, you may never get your money back."

Ms. Mary Parent, the chief executive producer, opened her mouth in surprise.

Why does she think Gary Barber has been bought?

This feeling is so strong.

But she would never stand up to expose Gary Barber, because she had been bought long ago.

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