I’m Almost Losing to a Muggle

Many times, a small incident that happens by chance may be arranged.

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

In fact, for three million dollars, a large number of people are willing to commit crimes. 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 secretive and fast.

In a very short period of time, negotiations with MGM collapsed, and then completely focused on negotiations with Paramount.

This made MGM shareholders very frustrated.

Perhaps many people will wonder why MGM shareholders want to sell.

Isn't the company already profitable?

In 2010, MGM had $5 billion in debt.

Time Warner is trying to acquire it for US$1.5 billion.

Lionsgate Films opened to 1.6 to 1.8 billion US dollars.

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

Note that it is the creditors who file for bankruptcy.

People may have a misunderstanding, I start a company, I file for bankruptcy, and I don’t have to pay back the money I owe.

In fact, this is not the case.

It was my creditor who filed for bankruptcy.

They filed for bankruptcy reorganization. After the reorganization, my company became a debt asset, and my creditors divided up these assets according to their creditor's rights.

For example, I originally accounted for 100% of the share.

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

MGM is in a similar situation.

According to MGM's bankruptcy reorganization plan, the debt of 5 billion U.S. dollars will be written off. In exchange, the original MGM creditors, including Carl Icahn, will get about 95% of the restructured MGM. Icahn will get a seat on the board, independent studio Telescope Entertainment will get a roughly 5 percent stake, and two Telescope executives will serve as co-CEOs of MGM.

In other words, none of the major shareholders of MGM are willing to be the major shareholders.

They spent five billion U.S. dollars in real money to become the major shareholder.

Five billion dollars seven years ago was worth more.

Most of these creditors are investment banks and capital, how could they endure an annual profit of 100 to 200 million US dollars.

The 200 million US dollars is divided among a lot of people, and some will be reserved for the development of the company.

Therefore, MGM is exposed to all kinds of capital every year. Major shareholders want to escape, they want to be free, and they want to use the money to create a myth of wealth.

Instead of decaying with MGM, the once glorious movie myth.

But the change in form left them at a loss.

With a clear goal, he turned his head and went straight to Paramount.

People don't want us anymore.

What a pity, what an arrogance.

I regret so much that my balls are green.

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

Why?

Why would you rather buy Paramount for 10 billion dollars than buy us MGM for 8 billion dollars.

We compare them to...

It seems that it is not comparable.

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

I can't stand it, gentlemen, what do we have to do? a small man with glasses shouted manically.

He was Mr. Moulton of the board, a bankrupt banker who later set up a small venture capital, and ate some leftover soup with the big guys.

I didn't expect to be tied to the broken ship of MGM and couldn't get on or off.

From the mansion in Santa Monica to Silver Lake, where the middle class gathers, he desperately wants to cash out MGM and get his money back.

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

Instead of living hardly with one or two million dividends every year like now.

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

Mr. Moulton, I understand your feelings, but please stay calm. The gentle voice of Co-CEO Gary Barber remembered and successfully appeased most people.

After everyone quieted down, he turned around and asked, Mary, what's going on at Paramount?

The chief executive producer Mary Parent was a little frustrated: They talked very well. Paramount didn't plan to sell it at the beginning, but those Chinese people opened the conditions too well.

Damn Chinese people! Moulton yelled again, but when Gary Barberwin looked at him, he quickly lowered his head.

The company's largest shareholder, Carl Icahn, was absent, and Gary Barber was the man most able to call the shots.

It is said that Carl Icahn was hit by a boy riding a mountain bike and broke his leg a few days ago.

What terms did they give? Gary Barber asked.

The acquisition price is said to have reached 10.3 billion... Mary Parente obviously had an eyeliner in Paramount, and her position was not low, and she even knew the details of the acquisition.

But her words were soon interrupted by that Moulton again, and the bankrupt banker screamed: My God, 10.3 billion, what the hell is Jimmy waiting for?

Jimmy is just the CEO, he has no right to sell Paramount, Mr. Moulton, if you say one more word today, I have to ask you out. Gary Barber was still gentle, but Moulton But she kept shaking her head with her lips tightly closed, not daring to say another word.

In addition to the purchase price, they promised to keep the existing team in business, give at least two billion dollars a year, invest in no less than ten films, and they will distribute 10% of the proceeds to the team...

In this banquet hall, many people's breathing became heavy.

Huaxia people are so fucking rich!

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

I think Paramount may be tempted. Huaxia's acquirer has the most powerful distribution system in China. Their total box office of films last year exceeded 2.5 billion dollars. Mary Parent's voice was full of Bewitching.

Some of the people here today only care about how much money they can get, and some only care about their careers after being acquired.

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

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

Gentlemen and ladies, we have to do something. Gary Barber looked around.

Moulton was trembling with excitement, because he said this sentence just now, but unfortunately Gary Barber didn't let him speak, so he could only tightly cover his mouth.

It's very difficult for us to encounter such an opportunity again. Zheng Ce from Huaxia has already tried to prohibit them from acquiring overseas assets, and whether it is Nihong or the gentlemen in Los Angeles, they will not spend any more money for us. .”

Gary Barber was like a priest, with his hands folded and his gentle eyes full 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 did she feel that Gary Barber had been bought?

This feeling is so strong.

But she would never stand up and expose Gary Barber, because she had already been bought.