Chapter 108： Buy MGM?
As soon as Lindsay Lohan's words came out, everyone responded.
At this time, everyone except Chen William had drank some wine, and under the influence of alcohol, they also wanted to do some activities.
However, Chen William estimated that the name of the Walton family was also one of the main reasons why they agreed to go there.
In the end, only Scarlett and his wife had something to leave, and everyone else agreed to go to Rick's side together.
This situation made William Chen feel a little obsessed with Scarlett, WTF? You took the initiative to bring this topic out, and then at the end, you want to leave?
In the end, there were seven people who were ready to go together, including Chen William Paris, Britney, Ka Daishan and her boyfriend, Jessica and Lindsay Lohan.
But except for Chen William, everyone else had already drank. Fortunately, when Chen William and Paris came over, they brought bodyguards. So it was still possible to drive them together to the club under Rick Walton's package.
After walking out of Lindsay Lohan's house, Paris was already a little drunk and leaned on Chen William.
At this time, William Chen couldn't care about the reporters who were squatting here. He helped Paris to get into the car. William Chen was a little helpless. This woman is a representative of people who are addicted to vegetables.
After sitting in the car at this time, Paris leaned against William Chen's shoulders with his eyes closed.
"Is Paris all right?"
Sitting on the other side of William Chen is Jessica Alba, she leaned her head forward, looked at Paris and asked:
"Would you like to give her some water?"
As he spoke, he took out a bottle of mineral water from the storage box in front of the car.
"Paris, do you want some water?"
William Chen asked Paris softly, and when he saw her nodding lightly, he said to Jessica:
"Please open the bottle cap and I'll give her something to drink."
Because at this time, William Chen was holding Paris with one hand, and the other hand was not convenient to open the bottle cap.
Hearing this, Jessica unscrewed the cap of the mineral water bottle in her hand, then turned sideways and carefully handed it to William Chen.
William Chen raised his other hand and took the mineral water that Jessica handed over. At this time, since the other party was facing him, while taking the mineral water, Chen William felt a soft touch on his arm.
Surprised, he looked down and saw the neckline of Jessica's low-cut dress and the deep career line.
Realizing the situation at this time, he hurriedly turned his arms, put the mouth of the mineral water bottle against Paris's lips, and put the other hand on the back of her head, and then slowly let her drink water.
After taking a few sips, Paris didn't want to drink anymore, so William Chen handed the mineral water bottle to Jessica and asked her to help cover it. Unintentionally, his arm felt the softness again.
Jessica didn't seem to notice, she tightened the bottle cap and put it back in the storage box.
Then she turned to William Chen's side, leaned forward slightly, and looked at Paris with concern.
At this time, Chen William felt that his arm on Jessica's side was being pinched from left and right, and he was surrounded.
Uh, very flexible.
At this moment, he smelled the faint scent of perfume, and felt that this journey had become short.
...
By the time they got to the club, Roger and Rick were already there.
At this time, there were no other customers in the venue. After introducing each other, Roger shouted:
"The carnival begins!"
Then the music with a sense of rhythm sounded, and the female dancer dressed in cool walked into the dance floor and began to dance to the music.
Under the infection of this atmosphere, Paris also magically woke up. She pulled Britney and Jessica and entered the dance floor and began to twist with the rhythm.
Anyway, now that the entire club has been reserved, they can release their energy at will without worrying about being photographed secretly.
"Rick, what Roger said, you asked me to say that there are good investment opportunities, can you talk about it now?"
At this time, William Chen had walked to the balcony outside with Rick Walton, listening to the faint sound of music and drums coming from the house. In the cool breeze, William Chen said to Rick beside him.
Rick took out a box of camel cigarettes from his pocket and gestured to William Chen.
Seeing him shaking his head slightly, he took one out of it himself, put it in his mouth, lit it, and took a deep breath.
"William, have you heard? MGM."
William Chen couldn't help laughing out loud: "Rick, don't tell me that your so-called investment opportunity is MGM. That's a big trouble, otherwise, no one would be willing to take over it by now."
"I know, the entanglements are complicated. MGM is now over $3.5 billion in debt, and the saddest thing is that they don't have much money to keep going, so they want creditors to hold off on their interest payments. time."
It seems that Rick did investigate before, he continued:
"MGM was acquired by the acquisition team headed by Sony for $3 billion in 2005, but at that time they did not buy it with cash, but with stock, so MGM did not get enough development. Cash to replenish blood, which also puts them deeper and deeper into the predicament."
"Now that Sony has the resources they want, they hope to get rid of the burden of MGM, so they tend to sell the company and will not add any more funds to the company."
"But according to my information, of the two parties that are interested in MGM now, Universal is willing to take cash, but the asking price is only $1.5 billion; Lionsgate is asking for a higher price, which is expected to be $1.6-1.8 billion. , but they were not acquired in cash, and they also needed to be acquired through stock, which would not help MGM’s current predicament, so it was rejected by MGM’s creditors.”
"MGM's creditors include Carl Icahn, known as the Lone Wolf, who holds 20% of MGM's debt, and he proposed Lionsgate's acquisition plan for MGM because he also He is also a major shareholder of Lionsgate, but as far as I know, other creditors have persuaded him to reject the plan."
Carl Icahn, who is very famous, is known as "the barbarian at the door". Many of his classic achievements are that after acquiring a company, he splits and sells it for profit, so he is vigilant by many company managers.
"The minimum purchase price that MGM's creditors can accept now is $2 billion, and it needs to be paid in cash, which is too far away from the current bid, so it seems that if no new buyer emerges, MGM will There's only bankruptcy and reorganization, and that's what those creditors want, because they think it's easier to get their debts back in that situation."
Hearing that Rick told himself so much inside information, William Chen asked with doubts:
"So, do you mean that you want to buy MGM? Rick, don't be fanciful, you have to know that movies are not so easy to do, if it was really that simple, it wouldn't let MGM fall into the current predicament already."
William Chen shook his head and said, "And I can't see what MGM means to you Yes, William, I admit, buying MGM means nothing to me. Big, but not the same for you."
Rick looked at William Chen who seemed to be unmoved, and said seriously:
"I have studied your investment. The main reason for MGM's decline from the eight major Hollywood companies to the present is that there is no media group behind him, just like 20th Century Fox has News Corporation, Paramount has Viacom, Warner merged into Time Warner..."
"And MGM has not been able to complete this transformation in time, so its ability to resist risks is very low. And you invest in Internet media, print media, Netflix, if you add MGM, you can complete a The embryonic form of the entertainment media group, I don't believe you are not interested."
Hearing Rick's analysis, William Chen said with a smile: "It sounds reasonable, but you overlooked a problem, Rick, I'm not qualified to do that at all."
"The total market value of the companies that I have acquired and held is only a few hundred million US dollars, not to mention the large media groups that are tens of billions of dollars at every turn. Even now, MGM, which is on the verge of bankruptcy, I can only Just take a look, because I've run out of money."
At this time, everyone except Chen William had drank some wine, and under the influence of alcohol, they also wanted to do some activities.
However, Chen William estimated that the name of the Walton family was also one of the main reasons why they agreed to go there.
In the end, only Scarlett and his wife had something to leave, and everyone else agreed to go to Rick's side together.
This situation made William Chen feel a little obsessed with Scarlett, WTF? You took the initiative to bring this topic out, and then at the end, you want to leave?
In the end, there were seven people who were ready to go together, including Chen William Paris, Britney, Ka Daishan and her boyfriend, Jessica and Lindsay Lohan.
But except for Chen William, everyone else had already drank. Fortunately, when Chen William and Paris came over, they brought bodyguards. So it was still possible to drive them together to the club under Rick Walton's package.
After walking out of Lindsay Lohan's house, Paris was already a little drunk and leaned on Chen William.
At this time, William Chen couldn't care about the reporters who were squatting here. He helped Paris to get into the car. William Chen was a little helpless. This woman is a representative of people who are addicted to vegetables.
After sitting in the car at this time, Paris leaned against William Chen's shoulders with his eyes closed.
"Is Paris all right?"
Sitting on the other side of William Chen is Jessica Alba, she leaned her head forward, looked at Paris and asked:
"Would you like to give her some water?"
As he spoke, he took out a bottle of mineral water from the storage box in front of the car.
"Paris, do you want some water?"
William Chen asked Paris softly, and when he saw her nodding lightly, he said to Jessica:
"Please open the bottle cap and I'll give her something to drink."
Because at this time, William Chen was holding Paris with one hand, and the other hand was not convenient to open the bottle cap.
Hearing this, Jessica unscrewed the cap of the mineral water bottle in her hand, then turned sideways and carefully handed it to William Chen.
William Chen raised his other hand and took the mineral water that Jessica handed over. At this time, since the other party was facing him, while taking the mineral water, Chen William felt a soft touch on his arm.
Surprised, he looked down and saw the neckline of Jessica's low-cut dress and the deep career line.
Realizing the situation at this time, he hurriedly turned his arms, put the mouth of the mineral water bottle against Paris's lips, and put the other hand on the back of her head, and then slowly let her drink water.
After taking a few sips, Paris didn't want to drink anymore, so William Chen handed the mineral water bottle to Jessica and asked her to help cover it. Unintentionally, his arm felt the softness again.
Jessica didn't seem to notice, she tightened the bottle cap and put it back in the storage box.
Then she turned to William Chen's side, leaned forward slightly, and looked at Paris with concern.
At this time, Chen William felt that his arm on Jessica's side was being pinched from left and right, and he was surrounded.
Uh, very flexible.
At this moment, he smelled the faint scent of perfume, and felt that this journey had become short.
...
By the time they got to the club, Roger and Rick were already there.
At this time, there were no other customers in the venue. After introducing each other, Roger shouted:
"The carnival begins!"
Then the music with a sense of rhythm sounded, and the female dancer dressed in cool walked into the dance floor and began to dance to the music.
Under the infection of this atmosphere, Paris also magically woke up. She pulled Britney and Jessica and entered the dance floor and began to twist with the rhythm.
Anyway, now that the entire club has been reserved, they can release their energy at will without worrying about being photographed secretly.
"Rick, what Roger said, you asked me to say that there are good investment opportunities, can you talk about it now?"
At this time, William Chen had walked to the balcony outside with Rick Walton, listening to the faint sound of music and drums coming from the house. In the cool breeze, William Chen said to Rick beside him.
Rick took out a box of camel cigarettes from his pocket and gestured to William Chen.
Seeing him shaking his head slightly, he took one out of it himself, put it in his mouth, lit it, and took a deep breath.
"William, have you heard? MGM."
William Chen couldn't help laughing out loud: "Rick, don't tell me that your so-called investment opportunity is MGM. That's a big trouble, otherwise, no one would be willing to take over it by now."
"I know, the entanglements are complicated. MGM is now over $3.5 billion in debt, and the saddest thing is that they don't have much money to keep going, so they want creditors to hold off on their interest payments. time."
It seems that Rick did investigate before, he continued:
"MGM was acquired by the acquisition team headed by Sony for $3 billion in 2005, but at that time they did not buy it with cash, but with stock, so MGM did not get enough development. Cash to replenish blood, which also puts them deeper and deeper into the predicament."
"Now that Sony has the resources they want, they hope to get rid of the burden of MGM, so they tend to sell the company and will not add any more funds to the company."
"But according to my information, of the two parties that are interested in MGM now, Universal is willing to take cash, but the asking price is only $1.5 billion; Lionsgate is asking for a higher price, which is expected to be $1.6-1.8 billion. , but they were not acquired in cash, and they also needed to be acquired through stock, which would not help MGM’s current predicament, so it was rejected by MGM’s creditors.”
"MGM's creditors include Carl Icahn, known as the Lone Wolf, who holds 20% of MGM's debt, and he proposed Lionsgate's acquisition plan for MGM because he also He is also a major shareholder of Lionsgate, but as far as I know, other creditors have persuaded him to reject the plan."
Carl Icahn, who is very famous, is known as "the barbarian at the door". Many of his classic achievements are that after acquiring a company, he splits and sells it for profit, so he is vigilant by many company managers.
"The minimum purchase price that MGM's creditors can accept now is $2 billion, and it needs to be paid in cash, which is too far away from the current bid, so it seems that if no new buyer emerges, MGM will There's only bankruptcy and reorganization, and that's what those creditors want, because they think it's easier to get their debts back in that situation."
Hearing that Rick told himself so much inside information, William Chen asked with doubts:
"So, do you mean that you want to buy MGM? Rick, don't be fanciful, you have to know that movies are not so easy to do, if it was really that simple, it wouldn't let MGM fall into the current predicament already."
William Chen shook his head and said, "And I can't see what MGM means to you Yes, William, I admit, buying MGM means nothing to me. Big, but not the same for you."
Rick looked at William Chen who seemed to be unmoved, and said seriously:
"I have studied your investment. The main reason for MGM's decline from the eight major Hollywood companies to the present is that there is no media group behind him, just like 20th Century Fox has News Corporation, Paramount has Viacom, Warner merged into Time Warner..."
"And MGM has not been able to complete this transformation in time, so its ability to resist risks is very low. And you invest in Internet media, print media, Netflix, if you add MGM, you can complete a The embryonic form of the entertainment media group, I don't believe you are not interested."
Hearing Rick's analysis, William Chen said with a smile: "It sounds reasonable, but you overlooked a problem, Rick, I'm not qualified to do that at all."
"The total market value of the companies that I have acquired and held is only a few hundred million US dollars, not to mention the large media groups that are tens of billions of dollars at every turn. Even now, MGM, which is on the verge of bankruptcy, I can only Just take a look, because I've run out of money."
RECENTLY UPDATES
Urban
Video Games
Action
Fantasy
Action
Action
Action
Action