I’m Almost Losing to a Muggle
Chapter 819 There is no ghost, please continue trading
As the company's chief executive producer, decide what movies the company makes.
It seems to be in control.
But Ms. Parent's life is not easy. MGM cannot pay 500 million US dollars a year, and in many cases it can only co-produce movies with other companies.
What power do you have as the chief executive producer when you are reduced to a co-producer?
She feels that she is still young and should have a relatively good future.
Unfortunately, Hollywood is a very seniority place.
If MGM is a good place, how could it be her turn to be the chief executive producer.
Now, her chance is at hand.
Two million dollars and a new contract made Mary Parent give up her resistance.
Her role is to report information from Paramount to the board of directors.
I just didn't expect that even Gary Barber was bought off.
Gary Barber has a very high prestige in the company. He has been in charge of the company for seven years since 2010.
It's just that in the past seven years, not many things have changed.
The days of studios controlling Hollywood are long gone.
The eight major film companies of the year have basically become vassals of multinational business groups: Columbia belongs to Sony; Warner becomes Time Warner; Murdoch owns Fox; Paramount is acquired by Viacom; General Electric controls Universal ...
MGM was simply the most unlucky studio of the Big Eight to make the switch in time.
With the strength of the film company alone, it is no longer possible to bear the risks or seize the opportunities brought about by this era of blockbuster movies or blockbuster movies.
Now, MGM needs a dad.
Once he can find his father, one of the former top eight will surely be able to regain his glory.
MGM now wants to sell the company, they can be divided into two factions, one is the capitalist faction, they are eager to sell the company to cash out, and then leave this quagmire.
There is also a school of businessmen, who want the company to be reborn and develop rapidly.
So as to gain their own opportunities in the process of this development.
The capitalists hope that MGM will sell as expensive as possible.
The business school is not so hopeful, because the more expensive the sale, it means that the funder's father will invest less in the follow-up.
Assume that the donor's father plans to spend 10 billion on this project.
If the purchase price is 9 billion US dollars, then the follow-up investment of the father of the funder in the company may only be 1 billion US dollars.
One billion dollars is not enough to make MGM skyrocket.
After talking with Concubine Han, Gary Barber had completely surrendered.
Huaxia Capital has to rely on his influence in Hollywood to complete the acquisition, so he is not worried about being dismissed.
He has no way out now.
The people in the living room quarreled all night, and finally came to a very shallow conclusion, MGM must be sold at a discount, and there will be no such store after passing this village.
Carl Icahn was lying in a hospital room full of capitalists.
They hadn't slept all night last night, but none of them were sleepy, and they needed to convince stubborn Carl Icahn.
When MGM went bankrupt, it was Carl Icahn who persuaded them to accept debt-for-equity swaps.
Mr. Icahn, you have a lot of assets, and you don't care if MGM sells it or not, but we people, look at me, I have moved three times, look at Frans, he doesn't even have an ambulance Don’t dare to shout anymore.” The bankrupt banker Moulton’s voice was so loud that it seemed to have a horn embedded in it.
Other capitalists nodded their heads.
Be patient, guys, think back when I was hunting in the South, you know what the hardest thing to hunt was there? Mr. Carl Icahn needed a little response.
However, one of his legs was hung high by a bracket, and there was his daughter's signature on it, which read, This is a humiliating leg. It was a twelve-year-old boy who broke it.
If you're really that dick, how on earth did you get hit by a bicycle and broke your leg.
So, no one responded to him.
The strange silence in the ward made Carl Icahn feel very sad.
These stupid people.
Do you know how ridiculous the prices you are discussing are.
$6.5 billion?
Legendary Pictures sold 3.5 billion, but you dare to say 6.5 billion, and clamor to take the initiative to get it.
With your method of operation, it is very likely that you will not even be able to sell 6 billion.
I waited for seven years, did I just wait for such a result?
Carl Icahn is not short of money, MGM is just one of his many properties.
Carl Threan Icahn, an 81-year-old man, ranked 50th on the 2012 Forbes list of the world's richest people.
It's not uncommon for his name to be preceded by such hideous titles as speculator, activist investor, or even corporate raider.
Icahn is well-known on Wall Street for his fierce acquisition style and his tough character of never giving up until his goals are achieved. He is nicknamed The Wolf of Wall Street.
But he himself prefers to be called an activist investor.
According to Forbes statistics, Icahn, the veteran driver of Wall Street, is currently worth as much as 17 billion US dollars.
He has about 13% of the creditor's rights in MGM, and he is the number one capitalist.
If he hadn't broken his leg.
If it weren't for these little brothers, they would be too disappointing.
If it weren't for MGM, it's really not going well now.
If it weren't for the capitals of various countries, they would have lost interest in MGM...
It seems that there are not so many ifs. Mr. Icahn looked sadly at his hanging legs and had to recognize the fact that he was 81 years old.
I will send my client. No matter what, my interests must be protected. Carl Icahn closed his eyes and signaled his assistant to drive the group of people out.
However, the most urgent thing now is to interrupt the negotiations between Huaxia Capital and Paramount.
The representatives sent by MGM contacted the representatives of Huaxia Capital again, hoping to restart the negotiation, but they were flatly rejected.
Concubine Han's face is righteous and serious, I'm sorry, we and Paramount have reached a consensus in many ways, and it is impossible to interrupt the negotiation.
Paramount also changed its previous attitude.
In the past, I was more or less indifferent to answers. I didn't really want to sell it, but I couldn't stand the amount of money they gave me.
They want more.
The $12 billion was the result of their internal discussions.
The reason why the valuation has become so high is because the representatives from Huaxia are so easy to talk to.
Three meetings a day, each of which can inflate the estimate by half a billion dollars, if you can justify it.
Paramount is greedy for profit, so why not be polite.
However, MGM, which was abandoned by Huaxia Capital before, suddenly came together again.
This made them disdainful, but also a little anxious.
Enough was enough, we decided to sell.
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