Chapter 681 ABC TV Network Starts (4000+ Chapters, Ask for Subscription~)

"Warren Buffett has taken the initiative to contact you!" Wu Jianye learned the news from Linda's side.

Linda's mood has been very beautiful recently, because after the top ten box office lists in North America came out last year, many voices against the phantom disappeared at this time, and they were all praises instead, and Linda was naturally very satisfied with such a result!

The negotiations with Berkshire, which have now been at an impasse, have also suddenly made a breakthrough, and it is clear that everything is moving in a favorable direction.

"Yes, just yesterday, we talked on the phone, according to the information revealed by Warren Buffett, we hope that we can meet and talk about the official details of the acquisition of the ABC television network!" Linda said with a spring breeze on her face.

Wu Jianye nodded, just thought about it for a while, and understood Buffett's intentions, now that the development speed of the phantom has obviously exceeded their imagination, Buffett must be in a hurry.

"If you want to talk about it, let's talk about it, or Berkshire's shareholding in the Phantom must not exceed 10%!" Wu Jianye said.

Linda glanced at Wu Jianye and asked, "Aren't you going?"

The two had already discussed before this, involving tens of billions of dollars in mergers and acquisitions, Wu Jianye, as the behind-the-scenes boss of Phantom Entertainment, should attend, not to mention the negotiation of Lutai Investment's stake in Berkshire.

Wu Jianye shook his head with a smile and said: "During the negotiation, I won't be there, someone from Lutai Investment will contact you, and when the negotiation between the two sides is successful and the contract is signed, it's not too late to meet again!"

"You're too cautious, too!" Linda couldn't help but say.

She naturally understood what Wu Jianye meant, Wu Jianye did this because she didn't want to expose her identity on Buffett's side too early.

"Hehe, it's not a big mistake to be careful!" Wu Jianye said with a smile.

As for the management of Lutai Investment, there have always been professional managers in charge in North America, and it will be enough to let their people join Linda when the time comes!

When Buffett becomes a shareholder of the Phantom, Wu Jianye can meet Buffett as the boss of the Phantom, and then everyone is a cooperative relationship and a community of interests, at that time, Wu Jianye will rest assured that his identity will not be exposed, and it is also to reduce Buffett's ability to obtain more benefits in his own capacity in the negotiations with the Phantom!

"What about the company's loans?" asked Linda.

Although the last few movies have brought a lot of income to the Phantom, the Phantom still does not have enough cash to buy the ABC TV network, and it will definitely have to take out a loan when the time comes!

Wu Jianye said: "Contact the branch of Standard Chartered Bank in Los Angeles and JPMorgan Bank!"

Many people know that Standard Chartered Bank's basic market is in Xiangjiang, but they don't know that although Standard Chartered Bank is not as prosperous as its old rival HSBC overseas, it also has its own development trajectory.

As early as 1900, Standard Chartered Bank became the first foreign bank to be allowed to open business in New York, and Standard Bank, which had not merged with Standard Chartered Bank at that time, also had branches in Port Elizabeth, South Africa, and opened branches in many African countries, but due to business problems and the situation in Africa, some of them were closed!

In 1957, Standard Chartered acquired Oriental Bank, which acquired its branches in Aden (Yemen) Bahrain, Beirut, Cyprus, Lebanon, Qatar and the United Arab Emirates.

During this period, Standard Bank also had more than 600 branches and offices in Africa.

In 1965, its network was fully expanded following a merger with the former British West African Bank, which had branches in Nigeria, Ghana, Sierra Leone, Cameroon and the Gambia.

In 1969, Standard Bank and Standard Chartered Bank merged to form Standard Chartered Listed Companies. Standard Chartered then acquired the UK-based Hodge Group and Wallace Brothers Group.

Since the establishment of the Standard Chartered stock company, it has branches in Europe, Argentina, Canada, Nepal and the United States.

Standard Chartered's acquisition of three American banks, including the Union Bank of California, gave Standard Chartered access to Brazil and Venezuela.

Subsequently, Standard Chartered Bank was acquired by Wu Jianye's Yiwang Group, and delisted to become a holding subsidiary of Yiwang Group!

Although Standard Chartered Bank has its own branches in most countries, its scale is not large, so even if it seems to be full of flowers, it is still not far behind HSBC.

Now that the Phantom wants to take out a loan, Wu Jianye naturally wants to support the business of Standard Chartered Bank in North America, Phantom Entertainment wants to take out a loan, it must be the bank begging him, not him asking the bank, if Standard Chartered Bank can reach this cooperation with the Phantom in North America, it will also greatly improve the influence of Standard Chartered Bank in North America.

However, Standard Chartered Bank's business in North America is limited after all, and it can't bring all the loans to the Phantom, so it has to find another bank to continue to cooperate.

Linda nodded and said, "Okay, I'll contact the heads of these two banks now!"

Wu Jianye said: "Go and deal with these things!"

When the two sides had the willingness to negotiate in depth, the negotiations between the Phantom and Berkshire were much smoother, and they were no longer as slow as before.

Especially after Linda and Buffett met, the negotiations between the two sides became more rapid.

In late January 1991, the two sides finally reached a consensus on the acquisition of ABC TV networks!

According to the results of the negotiations between the two parties, Phantom Entertainment and ABC TV Network are valued at $13.5 billion and $10 billion respectively, of which Phantom Entertainment will take out 10% of the shares to communicate with Met, in exchange for shares, in exchange for 13% of ABC TV Network's shares.

Subsequently, 13% of the Phantom shares in the hands of Metcom were exchanged by Buffett for his own shares of MetCom to Berkshire's name, and the remaining shares of Metcom in Buffett's hands were returned to Buffett in cash by MetCommunications.

As for the remaining 90% stake in the ABC television network held by MetCommunications, it was acquired by MetCom for $8.7 billion in cash.

When the news was announced, the whole United States was dumbfounded!

No one would have thought that the Phantom would have such a big and bold acquisition of ABC TV Network, one of the three major TV networks in North America, or a wholly-owned acquisition!

All the newspapers, media and TV stations reported on this for a while, the Wall Street Journal, the Washington Post, the Los Angeles Report, Time Magazine, BC.....

Among them, the "Wall Street Journal" listed the transaction details of the two sides, and at the same time, Buffett was once again praised on the altar.

When Metcom wanted to buy ABC Network, Warren Buffett spent $517 million to buy a 15% stake in Metcom (the previous 25% figure was skewed, but it has now been corrected). )。

Now only 10% of the Phantom's shares are worth as much as $1.35 billion, plus the cash that has not been announced by Metcom and Berkshire, which means that in this trading center, Buffett's direct profit is at least more than $800 million!

Metcom didn't suffer either, buying ABC for $3.5 billion, but now it's being sold to Phantom Entertainment for $10 billion!

Also got high profits!

As for Phantom Entertainment, in the analysis of several major newspapers and various financial experts, Phantom Entertainment, which owns the ABC TV network, has officially become one of the largest media groups in the United States and even the world.

It also makes up for the most important shortcoming in their industrial chain!

Nowadays, if Phantom Entertainment still has its own shortcomings, then there are only two shortcomings left of the traditional newspaper industry and video tape companies, but looking at the current development speed of Phantom Entertainment, will they not notice this?

It's a win-win-win battle!

The Wall Street Journal closed the acquisition with such a report!

In this report, Standard Chartered Bank also appeared in it, for this acquisition, the Phantom needed to come up with $8.7 billion in cash, and the acquisition report showed that the Phantom itself took out $2.5 billion in cash, and the remaining $6.2 billion came from bank loans!

Among them, Standard Chartered Bank provided a loan of up to $2.2 billion for Phantom Entertainment, while Morgan Bank provided the remaining $4 billion in loans!

.......

At this time, Buffett's expression was very surprised, because he saw the boss behind Phantom Entertainment!

Director Wu ....... I didn't expect you to be the boss of Wuzang Investment behind Phantom Entertainment!" Buffett felt like he hadn't been so surprised in years!

Who would have thought that the boss of the largest media group in North America today would be Wu Jianye?

At the beginning, the media in North America did not speculate about the relationship between Wu Jianye and the Phantom, but later, with the joint statement of the Phantom and Fengge Media, many people dispelled this idea, in fact, everyone thought that they had overreacted a little at that time!

Wu Jianye's announced background has long been investigated clearly, an ordinary person born in rural China, and later admitted to Yenching Film Academy, one of the two most famous art schools in China.

Such a figure with no official background, even if he is successful, cannot own the two most well-known companies in Asia and the United States at the same time!

But now......

"Warren, hello, it's been a long-time friendship!" Wu Jianye shook hands with Buffett with a smile on his face.

Buffett has also returned to normal at this time, and sighed: "Director Wu, you really scared me this time!"

Wu Jianye said with a smile: "This is also a last resort, everyone knows the current environment!"

Buffett nodded, believing that whether it is Hollywood or the people of the United States, if they know Wu Jianye's true identity, it will definitely cause an uproar, and the phantom will also face more targets from the top.

"But Director Wu, I'm afraid you won't be able to hide your identity for long!" Buffett said, now he is a shareholder of Phantom Entertainment, if Wu Jianye's identity is exposed, the blow to Phantom Entertainment will be his loss, and now he has begun to stand at the level of Phantom and start to think about the problem!

Wu Jianye said with a smile: "How long can you hide it, I believe that after the release of "Jurassic Park", the phantom will be able to deal with some of the attacks!"

Wu Jianye himself knows that after Phantom Entertainment acquires ABC, it will no longer be just a simple production company, but a media group with great right to speak, and it is impossible for the top management of the United States not to investigate such a group.

Warren Buffett heard another meaning from Wu Jianye's words!

"Director Wu seems to be very confident in his new film!"

As long as "Jurassic Park" is successful at the box office, even if Phantom Entertainment is completely firm, even if some high-level officials will target the Phantom at that time, the Phantom's own coping mechanism is enough to deal with these problems.

Wu Jianye smiled: "If I didn't have self-confidence, I wouldn't think about investing in Warren your Berkshire!"

Your Berkshire, Wu Jianye also indirectly told Buffett that he is just optimistic about the development of Berkshire, and he is just simply investing in shares!

And Buffett also had a deeper impression of Wu Jianye in his heart at this time.

In fact, when he saw Wu Jianye, Buffett had already thought that Lutai Investment was also very likely to be Wu Jianye's company, and now when he heard Wu Jianye say this, the surprise in his heart was still not small.

Lutai Investment, which owns many high-quality company stocks, Wuzang Investment, which holds 73% of the shares of Phantom Entertainment, and Fengge Media, Yaoguang Group, and Yiwang Group in Xiangjiang!

Buffett suddenly discovered that Wu Jianye at this time had already stood at the top of the world's businessmen!

Now that he already knew that Wu Jianye was the behind-the-scenes boss of Lutai Investment, Buffett didn't hide it, and asked directly: "How many shares is Director Wu going to buy Berkshire?"

Wu Jianye smiled: "Naturally, the more the merrier!"

Buffett smiled, everyone knows that there must be a big premise for this more the merrier, that is, no one can affect Buffett's voice in Berkshire.

Buffett naturally has no opinion on the introduction of Lutai investment funds, and the more funds Buffett has, the happier he is!

In the end, the two sides finalized that Lutai Investment will acquire a 10% stake in Berkshire at a premium of $924 million at a premium of 20%!

The negotiation process went very smoothly, Buffett got the cash he wanted, and Wu Jianye's Lutai Investment successfully became Berkshire, the largest shareholder under Buffett.

"Happy cooperation!" Wu Jianye shook hands with Buffett.

Warren Buffett laughed and said, "This is the fastest decision I've ever made!"

Wu Jianye said with a smile: "I believe that it will also be the most successful decision!"

After the two sides had dinner, Buffett flew back to New York, while Wu Jianye continued to stare at the post-production of "Jurassic Park".

As for Linda.......

Held the first press conference after Phantom Entertainment's acquisition of ABC TV Network!