American Fortune Life
Chapter 1240: Everyone is a friend
Chapter 1239: Multiply with crooked brain holes and co Next »
Chapter 1241: Share God's Warning (39/66)
"The value of nbc Universal may be between $ 20 billion and $ 23 billion, including $ 5.1 billion of debt. For a successful acquisition of nbc Universal, the purchase price may have to exceed its value by 30% to 40%, which means that nbc Global's It could be worth more than $ 30 billion. "
Speaking of the most important financing issue of mergers and acquisitions, everyone in the conference room became serious, and Andy groaned for a moment and asked: "What is Vivendi's attitude? The 20% of their shares are also Very critical. "
"Vivendi acquired an nbc stake in 2004 at the cost of selling its media assets, such as Universal Pictures, to General Electric. Almost every November to December, Vivendi notified GE that it intends to market Sold nbc global shares. Vivendi's right will last until 2016. "
Analyst Aspersi continued to his big boss: "I think Vivendi may not want to sell this part of the asset now, it is more about pressure, and hopes to reverse GE's within a few months. Business performance, and then sell it for a higher price. "
"It seems that the breakthrough can only be placed on Jeff Immelt!" Andy frowned, tapping his finger on the conference table, looking at Arvitelle, asking, "What about our M & A chips?"
"AMC TV is currently valued at around 4.7 billion. As a bargaining chip, it can also be a premium of 30% -40%. A conservative estimate is about $ 6 billion.
Peak Entertainment's total valuation is about 700 million US dollars. As for Weinstein Company, it can currently value up to 200 million US dollars, including 50 million US dollars of debt. After all, the most valuable film library has been split out.
The hulu video market is valued at around $ 800 million, but its potential is huge. Since its inception, Hulu has exclusive access to content from three of the four major US television network companies. Hulu's total revenue is nearly $ 200 million, and there are currently about 2 million huluplus subscribers who pay to watch online content.
US satellite TV operators dish, Amazon, Google, and Yahoo all expressed their intention to acquire hulu. The acquisition prices submitted by these companies are in the range of 1 billion to 1.5 billion US dollars. Google's acquisition offer is higher. "
Al reported the valuations of the three companies, so that everyone including Andy was a little stunned. The key is that the development is too rapid, but it is also understandable that without the lack of money, development and expansion Speed really cannot be underestimated.
There are as many as 8 AMC TV stations by the annexation of News Corporation alone, let alone local TV stations in major cities previously acquired. It can have a valuation of $ 4.7 billion without any water, let alone the TV series and For reality shows, its ratings can easily crush the TV content launched by nbc in the latest season.
What is most amazing is the huge base of 51 million subscribers of AMC TV. This is a big piece of fat, and any TV station is jealous.
"At most it is only more than 8 billion US dollars. It seems that no matter how much cash you have to spend, but it doesn't matter. As long as you complete the acquisition of nbc global, all this is worth it, my media kingdom ..."
Andy was sitting in distress, looking around for a week, his fists slowly raised, his voice was a bit low, but the firmness and ambition revealed revealed that everyone present clearly felt that his boss's aspirations would be obtained.
"boom"
"Good shot!" Warren Buffett, wearing a peaked cap, watched the beautifully curved golf ball fall near the white flagpole in the distance, and couldn't help praising, "It looks like your golf skills have really improved a lot. "
"Speaking of sports, to be honest, there is no sport that can hold me back. The key is that I am not interested." Andy's mouth turned up, and he said with a look of faintness, with a strong taste of equipment 13.
Warren Buffett shook his head and laughed uncontrollably, and didn't do much entanglement on this matter. He gave the cue to the caddy behind him, said thank you, and took off the gloves on his right hand while saying: "GE Basically agreed to my conditions, which surprised me, but it was also expected. Moreover, Jeff was very looking forward to meeting you. He was originally going to come with me, but received it before leaving. The video conference notice from the Ministry of Finance can only be sorry for coming back later. "
Andy doesn't have any doubts about this. Jeff Immelt, who is suffocating, can never treat him slowly, and he doesn't take it seriously, but smiles and tells Warren Buffett: "It seems that GM makes The compromises made by the concession make you very happy and satisfied. With your personality, it is definitely a condition to make money without losing money. It seems that a good reputation and influence can really be turned into real money! "
"Oh, this is not just a question of reputation. I also invested $ 3 billion ..."
After hearing Warren's rebuttal, Andy raised his eyebrows and teased, "Come on, Warren, GE may really be short of money, but if they really want to get money, it is not difficult."
Andy didn't say the words too plainly, but the old man who was proud of picking up a smoke pigu to usher in a speculative opportunity that is stable and uncompromising, naturally understands what Andy said, they are very clear. At present The most serious problem is the fragile market confidence, and when GE opens financing, the most important thing is to eliminate people's concerns about its financial health.
"Apart from nbc Universal, don't you want to join in? You know, this opportunity is not available every year, whether it is interest or preferred stock, it is a small gain." Warren and Andy sat Electric car, heading for the next golf area.
"I'm not as rich as you. I have all my money. Short-term investment is okay, but I have to wait for three or four years to get a return. I don't have that patience. Hey, I don't have enough money!" Andy Reluctantly shook his head and shrugged his shoulders.
"Ahem, you kid, it really is ..." Buffett coughed and shook his head with tears of laughter. No one on Wall Street knew it. The little guy in front of him shot continuously for a while, almost using brutal methods against Lehman, mg. Danley, Citi, Aig, and even Goldman Sachs carried out a robbery-style short, almost eating the little bastard, and even pretending to be a piece of money, it really made people want to go up and give him a few slaps.
"By the way, Berkshire Hathaway's stock price has fallen sharply recently. It's 14%. Alas, if you don't know you have plenty of money, say no ..." Andy raised an eyebrow and grinned, I also look very interested in shorting your company.
Warren didn't worry about it at all. Like Andy said, he had enough reserve funds in his hand to be able to make all the short-selling forces who dared to short his company liquidate.
"Welcome to go short!" Warren said lightly, his tone expressing calmness and arrogance.
Andy just smiled unwillingly. Although he had the opportunity to give the old man in front of Pakistan a shot, but the income and the pay were disproportionate, and there might be an extra sly enemy of the old Jian. Do it.
After playing golf for about half an hour with Andy and Warren, a silver-haired Jeff Immelt was late with a sincere apology, and first expressed his sincerity to Warren and Andy. Sorry, the three of them greeted for almost 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 that."
Speaking of investing, Jeff Immelt opened his hole card directly, without making a roundabout. For him, who is surrounded by all sides, can pull the stock **** and the **** of wealth together into this financing plan, and it can definitely be solved easily. Trouble at General Electric.
"Thank you." Andy had some small surprises. First of all, thanked the other person for his kindness, then shook his head, and smiled a little awkwardly. "Although I really want to participate, I have other plans in progress and I do n’t have much cash. And it also continues to turn around. Preferential shares are fine. Ordinary shares. I subscribe for US $ 3 billion in ordinary shares. I hope this can help you, my friend! "
After hearing that Andy was so shameless, Warren Buffett's smile remained unchanged, only the corner of his mouth was unnaturally drawn slightly. Perhaps what he wanted most at the moment was to find a place to spit for a while, and seeing Jeff The deputy was very happy. Some excitement shook hands with Andy and thanked him. He had a urge to vomit again, and then he smiled and said, "Since everyone is a friend, you don't need to be so kind, let's talk while playing. "