237 Bulls vs. Jordan
In Allen Town, Xu Zhi stayed for another three days, wanting to buy a truck company with more than 3,000 employees, which must involve many aspects, and during these three days, Xu Zhi had the first negotiations with Mark's management, labor union, and government representatives.
The representatives of these parties are quite satisfied with this acquisition, after all, Xu Zhi will invest heavily in the development of the company and assist in the development of the Asian market after the acquisition, which is undoubtedly a relief for Mark, who has fallen into financial difficulties.
After obtaining the consent of several parties, Goldman Sachs immediately began to contact several major shareholders, Mack Truck has been established for more than 80 years, after World War I, the Great Recession, World War II and several subsequent economic fluctuations, Mack's shares have long been dispersed, and the largest of the holding institutions are some large pension funds and union funds.
After entering the 70s, high-tech enterprises have sprung up, and many funds are naturally more optimistic about science and technology companies, but they naturally don't care much about traditional enterprises, and in the face of a 30% premium acquisition, several major funds are naturally willing to sell their shares.
On April 1, 1980, Goldman Sachs Group announced that the Hong Kong Investment Fund from Heung Kong would fully privatize the company for US$238 million, and at the same time would assume its US$60 million debt.
Although the engine of the truck is a high-tech product, it is still far from some military weapons, semiconductor technology, aviation technology, etc., and Goldman Sachs' public relations ability is also very strong.
In fact, Xu Zhi did not plan to spread these technologies, which is the core competitiveness of Mack Truck, and he naturally hoped that this company would develop better in the future.
With the assistance of Manhattan Law Firm, Xu Zhicheng successfully took over all of Mark's shares, and according to the agreement with management, the first $50 million in research and development funds have been remitted to the company's accounts, which will not only be used to develop new heavy-horsepower engines, but also to reuse existing technology to design new light trucks and passenger vehicles for future development in Asia.
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The United States is a country that worships sports, several major TV stations, shoot a large number of TV episodes every year, but basically only 22 episodes a year, in addition to avoiding holidays such as Christmas and Thanksgiving, the main reason is to avoid various sports league finals, especially football and baseball games, no matter how good TV series have to give way, including the most classic Friends in later generations.
In the United States, the most influential and money-making games have always been football and baseball, and the NBA, which countless Chinese people have been obsessed with in later generations, is still just the youngest brother of the younger brothers, until David St. Turming joined the NBA and served as president for 30 years, through strong commercial packaging, star strategy and international promotion measures, the NBA has developed into the world's most successful professional sports league, involving film and television, catering, clothing and many other fields.
But that's the future, and now the NBA is still only a little famous, except for the San Francisco Warriors, Celtics and other teams are famous, most of the others are losing money, in the 80s, the entire 23 league teams, 17 are in a state of loss, and the Chicago Bulls are on the verge of bankruptcy.
If in the later generations when the NBA was at its most famous, many times even if there was money, it was impossible to buy a team, except for a few super-rich people in history, all other transactions were sold by teams with a poor level, and even if there was money, it was not possible, and it had to be approved by the NBA league. However, this time is naturally completely different, and many bosses are eager to sell these burdens.
In his previous life, Xu Zhi liked to watch the NBA, especially in high school, the Lakers were in the middle of the day, and Yao Ming also represented all the Chinese to a certain extent.
But now it is completely different, as a businessman, he will not indulge in this kind of sports competition, but there are profitable things to attract him, in the future, just in the mainland market, the huge advertising benefits that the NBA can cause are worth the current investment, not to mention relying on the memory of future generations, select some excellent players in advance, you can also choose some potential stocks in China, even if they are placed on the bench every day, as long as the live video captures them, they can also have a star effect.
Xu Zhi was not involved in this small business negotiation, and a team of professional business lawyers spent a week buying the Chicago Bulls and a large basketball stadium in the suburbs of Chicago for $18 million.
After successfully acquiring the Bulls, Xu Zhi arranged for his subordinates to rush to a high school in Delaware, where there is the most famous basketball star in the future - Jordan!
The words NBA and Jordan have almost been connected to a certain extent, no one knows whether the NBA has made Jordan, or Jordan has made the NBA.
But potential is potential, and these teams don't plan to contact privately beforehand, but wait a few years later, when Jordan enters college, to play in the college league and the NBA draft.
Xu Zhi knows the value of Jordan, of course he has to come first, otherwise what is the point of buying the Bulls?
At Lenny High School in Wilmington, Jordan was riding a basketball basketball on the basketball court, causing the cheerleaders around him to exclaim from time to time.
Suddenly, the loudspeaker in the gymnasium sounded: George Jordan is invited to the principal's office!
βohοΌmanγ As soon as Jordan heard the horn, he immediately looked pained when he was still smiling, and in high school, it was generally nothing good to be called to the principal's office.
A white teenager next to him laughed, "Jordan, you won't let the earthworms into the cheerleaders' locker room again, will you?"
"Cut, I won't do the repetitive thing!" Jordan ignored the ridicule, turned his hand to shoot a beautiful three-pointer, grabbed his clothes and wiped his sweat and ran out the door.
"Knock knock...... Jordan knocked on the door and found five or six people sitting on the side in addition to the principal.
The principal smiled, "Jordan, come here, this is Jerry Sloan, the coach of the Chicago Bulls." β
"Hello!" Jordan said as he immediately wiped the sweat stains on his pants and shook hands.
"Please sit down!" Jerry smiled, "Jordan, I'm here today because I happened to see your game video, so I want to invite you to join our Bulls!"
"Really!" exclaimed Jordan excitedly. You must know that last year, when he was still a sophomore in high school, he was considered by the school basketball coach to have no basketball talent, although his level has improved this year, but he didn't expect that the NBA team coach would come to invite him in person.
Jerry smiled and said, "According to the law, you are not yet under 22 years old and cannot enter the league, I only came here to book your future, but this contract needs to be signed by your parents." β
Jordan also calmed down and said, "Is there a contract? I need to take it back and discuss it with my parents." β
Jerry nodded and said, "Of course, this is the contract we signed, you can take a look at the amount on it first?"
"The amount?" Jordan was stunned for a moment, quickly turned a few pages, and exclaimed: "The signing fee is 200,000 US dollars! The annual salary is 250,000 yuan in the first year!"
Jerry said: "This annual salary can be said to be the average salary income of current NBA active players, and it can be said to be unique among newcomers, and this is not counting if your basketball level reaches a certain level, you can receive outside advertising as a sports star, although our team will have a share, but your income will also be very high, and the future annual salary of millions of dollars is not a problem." β
"Why do you want to spend so much money to sign me as a rookie?" Jordan asked, his dream is to join the NBA, but the normal process is very cumbersome, and it is not uncommon for a team to be signed in advance like this, but it is very rare.
Jerry laughed, "I don't know, I'm just taking orders from my boss?"
"Boss?" Jordan asked again, "Can I meet him?"
Jerry shook his head and said: "He won't see you, if you really want to ask why, just rely on yourself to prove it, prove that our boss's vision is right, as long as you meet his expectations for you, you can naturally meet him." β
Jordan nodded and said, "Understood, I will get my parents' consent, so I don't know what I should do now?"
Jerry said: "Study hard, practice your skills more, and when the time comes, we will naturally come back to you!"