American Fortune Life
Chapter 1391: Celestial tyrants marched into the Unite
"By the way, does anyone know about the New York Times?"
After explaining the matter of NB Global, Andy thought of the information that Ivana told himself, and could not help asking his own think tank.
"Have……"
A subordinate in charge of media affairs hurriedly responded, and quickly opened the folder, while looking through the files while reporting.
"The New York Times opened today at $ 864. The New York Times Group is currently severely insolvent. A report previously submitted by the group to the American Stock Exchange shows that they currently only hold $ 46 million in cash, but at least 400 million The US dollar debt must be paid off in March next year. As far as we know, the New York Times maximum debt may be as high as one billion US dollars.
In order to ease the pressure on funding, the New York Times has raised $ 25 million in the third quarter of this year, but the ad revenue has not been able to decline rapidly. At present, it has to seek new funding sources. The company also recently cut its dividend by 75%. According to our analysis, they may sell some of the company's assets.
The news received from some channels also verified our speculation. The Times ’Chief Financial Officer James revealed in private that the New York Times has hired the well-known real estate company Gao Wei Property as its agent, seeking to obtain it through mortgage or sale and leaseback. Financing. "
"New York Times Building, after sale and lease back ..."
Hearing his detailed introduction, looking at the contents of the file that had been delivered to him, Andy muttered softly, touching his chin.
In recent years, they have been severely impacted by online media. In the past, advertisers have turned to online media with a wider audience and greater influence but more affordable. Andy's report showed that the New York Times' non-weekend circulation fell 31%. In addition, the impact of the financial crisis on the traditional publishing industry has made these media giants live longer.
Andy is not without his thoughts on the New York Times, but he really can't make a move in the near future to start a front, but he has to guard against Murdoch, the old fox who has been playing the New York Times. Tim blocking.
"620th Eighth Avenue, huh, I remember right, they moved into the new building last year, right?" Andy put down the documents in his hand and smiled at Suzberg who answered his question just now. Think tank member.
"Yes, in 2007, they sold the old building and moved into a 52-story skyscraper located at 620 8th Avenue in Times Square. The new building cost approximately $ 8.5 billion.
The New York Times Group has a 58% stake. Many people thought that at a time when newspaper sales were declining and the company's prospects were unknown, the New York Times Group invested so much money to build this building, which was really crazy.
Immediately after the economic crisis struck, the New York Times Group was hit. "
Andy glanced at Arvitelle with a smile: "Al, what do you think?"
"It can be considered that Manhattan, which has a lot of land and money, is also located in Times Square, near pennstation station, which is one of New York's most important transportation hubs. It has a large number of people and convenient transportation."
Regarding Al's suggestion, Andy nodded in agreement, and then smiled and said to his subordinate named Suzbek: "It's up to you to take charge of this matter. Contact the New York Times and tell them that I really like the Times Building Interest, as long as the price is right, I can buy it and sublease it to them at the right price. "
"Good boss, I'll contact them in a moment." Suzbek smiled and replied immediately, feeling happy that he was prepared for the little things and prepared for the opportunity.
Andy likes people who are smart, prepared, and motivated. His think tank also has a hierarchical existence. Not everyone can sit in the meeting room and meet him directly, and not everyone can propose to him. Suggestion, not to mention the opportunity to be a sole extension of his Andy Smith brain, is even more rare.
"By the way, Al, recently recruit some more talents to make reserves. There is news from Tianchao. There are more than 20 financial companies in Tianchao who will fly to the United States within two weeks in order to tap the financial talents of the United States and Britain And the UK.
I heard that they will not only go to Chicago and London, but also to New York. They have great ambitions this time, and they will recruit more than 1,000 talents in financial professionals, including banks, funds, and securities, in more than 170 professional fields. "
Thinking of the email Li Xiaoying received this morning, Andy had to remind Arvitelle.
When everyone in the conference room heard the news, they couldn't help looking at each other. Tianchao was preparing to make a copy of 'American goods'.
Alwittlie frowned and nodded, while Andy set his sights on Thompson, the head of the think tank's real estate management company.
"Thompson, the first U.S. house tour organized by Tianchao, flew to Los Angeles on a chartered plane five days later, and you will be responsible for entertaining them, and all the Chinese brokers trained will be in place.
This is the first batch of 100 people. Can we sell all the houses in our hands? It depends on the effect this time. Don't mess it up.
By the way, they will basically buy it in cash and pay by credit card once, don't be surprised, be prepared in advance! "
As soon as Andy's words came to an end, discussions began in the conference room, all of them were a little surprised and sighed, but looking at the big boss with a smile on his face also became more admired and admired.
The real estate purchased and reserved by the boss can not be mortgaged, but the real estate that can only be auctioned off at a low price by the bank can really be sold, and it can really make money. At the moment when the real estate bubble in the United States burst ...
It's a bit of a stone!
Andy naturally noticed the eyes of his subordinates, and he just smiled. He now holds thousands of American courtyard-style villas in his hand, so as not to enter the United States from the sea of people in the heavens.
Real estate speculators, coal bosses, and giants in the capital of the capital will definitely buy a large number of American homes whose prices have fallen to the end.
Such a cabbage price, Tianchao local tyrants would never even blink their eyes!
what? The house is too small?
Yes, there are big houses!
Should the mansion where Hollywood stars live?
The creation of little plums, the bathtub used by Jennifer Lopez, the weird taste of Nicholas Cage ...
The financial tsunami has spread all over the world, and many Hollywood celebrities are busy selling property sets of cash, but unfortunately, in the current economic environment, there is no market for entertainer properties, and all of them are indifferent.
But Andy knows that these celebrity properties are of interest. Almost all are cabbage prices. Originally, the tens of millions of luxury homes were only a few million dollars. Why didn't he hoard them? By then, once the local tyrants arrived, these properties were definitely in demand. goods!
"By the way, as long as all members buy real estate this time, charter flights to Houston and let them experience the atmosphere of the NBA live game. I will notify Dayao when they take photos with them. Be sure to make them feel at home and wait for them to return. After heaven, do propaganda for us! "
Andy knows very well how to make the local tyrants spend money happily, as long as they feel that this group of foreigners treats them as God, the service is in place, and they experience extraordinary treatment, so that they have more face and money? What is money, that's bastard!
Thinking of the scene of this group of wealthy locals sweeping the goods, Andy touched his chin and frowned slightly, worrying that the property in his hand would be a little small, not enough for them to buy.
No matter what, let ’s just sell the goods in your own hands. Then it ’s a big deal. At that time, the professional woman who is cheap and cheap at her own house, or directly intermediary, to other US banks or real estate matchmaking, eating agency fees at both ends, Well, a lot of money.
The meeting room was silent, and everyone was unaware that they were touching their chin, squinting their eyes slightly, smiling at the corners of their mouths, raising their faces at 45 degrees, and falling into a big boss in yy ...