Chapter 381: Meeting
After Simon and Janet got married, the old man had a tendency to 'reveal his true nature' in front of Simon, just like his own sons, and he often spoke not so politely.
Hearing the old man bluntly say that his idea was too stupid, Simon did not refute it, and said patiently: "Even if the US economy continues to deteriorate, relying on the accumulation of Westeros in recent years, it is probably possible to deal with it." ”
Anthony Johnston said: "Most of Westeros' existing portfolio is gaining momentum. It's not worth it if you need to sell off these high-quality assets with a lot of growth potential to make up for the shortfall from the acquisitions of MCA and Bell Atlantic. ”
Simon said: "It's just a strategy for the worst of situations, and it doesn't necessarily come true. Moreover, there is no need to sell those assets at that time, and Daenerys Entertainment and Bell Atlantic themselves can also ease the financial pressure by selling their shares. ”
Norman Johnston said at this time: "It's better to adopt the strategy of share exchange acquisition now, Bell Atlantic may not be able to, Daenerys Entertainment here, it is completely possible to acquire MCA in the form of share exchange merger, with Hollywood's optimism about Daenerys Entertainment, the share exchange model is easier to succeed than cash acquisition." ”
"I actually hope to be able to adopt the share exchange acquisition model," Simon shook his head and said, "However, Daenerys Entertainment is not listed, and the valuation of the share exchange acquisition is a very troublesome issue." ”
When Forbes magazine counted Simon's personal assets in early August, it valued Daenerys Entertainment at $8 billion to $10 billion.
Simon believes that if it goes public, Daenerys Entertainment's market capitalization will definitely be able to easily break through the $10 billion mark, even if it is $15 billion or even $20 billion. However, in the current private state, Daenerys Entertainment wants to acquire MCA through a share swap, and it is difficult for its valuation to exceed $10 billion, plus it has to pay a high premium for MCA, which is a great loss for Daenerys Entertainment.
Raymond Johnston suddenly asked another question that seemed a little off track: "Cersei Capital, Simon, do you think there will be a more suitable opportunity in the next few years?"
Simon knew what the old man was referring to hedge funds, and said: "The turmoil in Europe should bring some opportunities, but Cersei Capital's future development focus will be on private equity, asset management and M&A advisory." The size of the hedge fund will be reduced to about $3 billion, and it will also try not to participate in macro hedging against the national economy, so as to avoid being targeted by the target country's government in other areas of Westeros' involvement. ”
From the stock market crash in 1987 to the sporadic operation of the crude oil futures market at this time, Simon quickly accumulated a large fortune for himself, but in fact, it also attracted countless criticisms.
Now, Westeros has completed the initial layout of entertainment, fashion, technology and other industries around the world, and if these industries can develop smoothly, they must be abandoned.
Just like the 1992 pound crisis in memory, if Cersei Capital and Soros had shorted the pound as lavishly, they would have made a lot of money. However, the British government may have no choice but to do anything about Cersei's capital, but it can make it difficult for other industries involved in the Westeros system to move in the UK.
The study room is full of smart people, Raymond Johnston heard Simon say this, not only was he not disappointed, but nodded appreciatively, and turned back to the topic just now in a soothing tone, and said: "In this case, if you insist on launching two acquisitions at the same time and adopting an all-cash strategy, it is better to bring in partners, so that not only the cash pressure, but also the resistance in other aspects will be reduced a lot." ”
Simon said, "I've considered that option as well, Ray. However, if MCA introduces cooperative capital, the two companies will definitely face asset valuation problems in the process of merging MCA and Daenerys Entertainment. Bell Atlantic is a good place to bring in a partner, but it doesn't have to be. After all, bringing in a partner, either to solve the funding problem, or the two sides can complement each other in terms of technology or channels, but these are not what I need, Westeros can raise enough capital, and Bell Atlantic itself has enough technology and channel accumulation. All I had to deal with was a huge amount of loan risk, but Westeros could afford it. ”
Raymond Johnston felt the firmness in Simon's tone, shook his head slightly, not dissuading, but sighed: "Tens of billions of dollars in debt, Simon, your current net worth is unmatched, there is no need to take this risk again." ”
"Actually, Ray, everything is just the beginning for me. ”
Raymond Johnston was stunned, reached over and patted Simon on the shoulder, not persuading, and said, "Then, you brothers can talk a little longer." ”
After the old man finished speaking, he was about to get up and leave first, when he remembered something, and said, "There is one more thing, Simon, you and Jenny should have a child as soon as possible." Even if the two of you are too busy to take care of the children, you can leave it here in Melbourne, and Jenny and her mother and I will take it. ”
Simon nodded and explained, "Jenny and I actually want to have a child too, but Jenny hasn't moved for more than half a year. ”
Anthony Johnston didn't shy away from asking, "Have you checked, I mean, physically?"
Simon said: "I checked it twice, and it was no problem. ”
Because her stomach has not moved, Janet, who is very resistant to the hospital, has a private examination with Simon.
Norman Johnston was also concerned: "Perhaps, you can try IVF." ”
Simon shook his head and said, "Jenny and I plan to take another look, it's hard to say whether the IVF technique is really safe." ”
The other three big men all nodded.
This kind of thing, in fact, is not convenient to discuss too much.
Raymond Johnston sighed, got up from the couch, stopped Simon and his two sons from trying to get up, and said, "You guys keep talking, I'm going to rest." Passing by Simon's side, the old man patted him on the shoulder again, and said, "It's okay to play outside, don't have anything with other women, Jenny will be sad, and it will be a big trouble for yourself." ”
Simon's expression was a little embarrassed for an instant, and he didn't know how to answer at all, but fortunately, the old man left the study without waiting for Simon's answer.
Anthony Johnston and Norman Johnston looked at Simon's expression, and both had a smile on their faces, and Anthony said: "Don't mind, Simon, Dad also explained this to our brothers, a family like ours, if those things really happen, it will indeed be very troublesome." ”
Simon had to pull the corners of his mouth and nodded.
The three of them talked about the Seventh Television Network and telecommunications investment until nearly eleven o'clock, when everyone dispersed to rest.
Early the next morning, Simon returned to North America.
Before you know it, it's late October.
One of the most talked-about topics of the week at the end of October was undoubtedly the release of Forbes magazine's list of the world's richest people, following the North American 400 list.
There is no suspense, Simon, with a personal net worth of $21 billion, leads the Japanese real estate tycoon Yoshiaki Tsutsumi and ranks first on the list of the world's richest people. Yoshiaki Tsumi, who ranked second, has a personal net worth figure that has slipped directly to $16 billion, which is $5 billion lower than Simon.
It is worth mentioning that the Johnston family also entered the top 50 on the list with a family asset valuation of $3 billion, ranking 36th.
However, because the Johnston family has always kept a low profile and the family members have relatively dispersed shareholdings, this figure is actually undervalued by at least $500 million. If it weren't for the Johnston family's sudden display of strength and direct purchase of Australia's seventh television network for $800 million in cash, the asset valuation figure might have been even lower.
In North America, despite the release of the Forbes list of the world's richest people and the increasing news that Daenerys Entertainment will soon participate in the bid for the MCA, in the new week, several mainstream media on the east and west coasts of North America plan to start reporting on a bill submitted by Congressman David Melros to restrict foreign investors from acquiring American companies, which focuses on curbing the excessive involvement of foreign giants in the American cultural industry.
The controversy over Sony's acquisition of Columbia Pictures last year is still fresh in our minds, so many media outlets have begun to follow suit and report on it on a large scale.
Panasonic has publicly launched the acquisition of MCA, which instantly became the focus of this public opinion storm.
Affected by these positive or negative news, MCA's stock price continued to fluctuate in five trading days from October 22 to October 26, and finally settled at $65.75 as of the close of trading on October 26. Meanwhile, the MCA's board of directors formally approved Panasonic's last $6.6 billion acquisition offer after several adjustments on Friday, Oct. 26, and plans to hold a shareholder vote next week.
This means that Daenerys Entertainment must take action before MCA shareholders vote.
Inside Simon's estate in Greenwich, Connecticut.
It's Saturday, October 29th.
The black Mercedes sedan stopped in front of the villa, and Raymond Smith, chairman and CEO of Bell Atlantic, was still a little confused about Westeros' purpose for inviting him until he got out of the car.
However, seeing the young couple appear in front of the villa to greet him, Raymond Smith smiled and stepped forward to greet the two. Aside from everything else, the young man in front of him, who has created a miracle of wealth that countless people can't reach in just a few years, is definitely something that many people are looking forward to.
During the handshake, Simon was also looking at the middle-aged man in front of him, who had risen from the most basic employee to the top of Chairman and CEO of Bell Atlantic.
Raymond Smith looked to be fifty years old at most, wearing a black suit, a tall build, a shrewd and capable face, and a pair of old-fashioned large-framed tortoiseshell glasses.
Although it was a Saturday, everyone was not very idle, so the meeting was only scheduled for an hour, and Raymond Smith had to fly to Europe after the meeting.
When everyone came to the study, Janet personally helped to entertain Raymond Smith with a cup of coffee, put a glass of juice in front of Simon, and turned away.
Raymond Smith took a sip of coffee, noticed the juice in front of the young man opposite, and asked with a smile, "Simon, don't you drink coffee?"
Simon said: "I used to drink it, but I recently quit it." ”
Raymond Smith nodded, didn't ask the reason, put down the coffee cup, skillfully found another topic, and said: "Speaking of which, about the exclusive contract with AOL last time, I have studied the World Wide Web technical data developed by Ygritt Corporation, and the development potential is indeed very large. If it weren't for Bell Atlantic's inability to juggle other businesses in recent years, I wouldn't have been willing to sign with you. ”
Simon said: "The fixed-line telephone business has developed to an extreme for so many years, and the federal government will not open restrictions on the telecommunications industry in the short term, so what does Bell Atlantic plan to do next?"
Hearing this question, Raymond Smith looked at Simon a few times, and suddenly smiled: "Simon, maybe you already know, right?"
Simon hesitated, but nodded, "Mobile communication." ”
Westeros had collected enough information about Bell Atlantic, and Simon naturally knew what Bell Atlantic's next development would be.
Today's regional telecommunications companies are unable to tap into long-distance and cable services, telecommunications equipment manufacturing is restricted, and the Internet industry is simply not up to the scale of Bell Atlantic's appetite.
Therefore, the focus of Bell Atlantic's next development is mobile communications.
You know, Motorola's rapid recovery in the past year or so, to a large extent, rely on the development of mobile communications, Motorola's Micro-TAC mobile phone that has been close to the mobile phone, this year can be said to have created a good sales miracle, coupled with the analog signal to better communication quality of digital signals, more and more telecommunications companies have begun to bet on the development of the mobile communications industry.
In fact, Raymond Smith's next trip to Europe was to examine the GSM digital mobile communication technology that has gradually taken shape in Europe.
Moreover, in the original time and space, it was precisely because of Raymond Smith's key layout in the mobile communications industry in advance that Verizon once became the largest mobile communications operator in the United States with a scale larger than AT-T, and Sprint, which ranked third, was thrown far away.
Raymond Smith listened to Simon say the words 'mobile communication', and felt that he roughly understood the purpose of this young man's invitation today, and said with a smile: "Simon, I happen to know that you have invested in a mobile communication equipment manufacturer in Europe, Nokia, and this company does have a good accumulation in the latest GSM technology, and it seems that it is still developing a new generation of digital mobile phones. So, you're hoping that we can work together on that this point, right?"
Simon didn't expect Raymond Smith to directly guess his purpose, smiled, and said, "If there is a chance, I think Bell Atlantic will definitely be able to cooperate with Nokia." “
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