"You're going to buy Miramax?" Robert Iger didn't know what mood he was in at this time, he delayed in Huaxia for a few days, but he didn't expect such a result.

"There is still a lot of potential for Marvel's development, and we still want to continue to develop, and Miramax doesn't have much development when he stays at Disney, just right for us" Kevin Feige

"So you've decided?"

"We bought Miramax and Disney came to the Marvel board of directors to give us all a chance. "Zhou Shi

"Marvel Board of Directors?" Ig thought thoughtfully, after entering the Marvel Board of Directors, how strong will he be?

Zhou Shi can't do much, the potential of superhero movies has not yet exploded, and if Disney buys it at a premium, I am afraid it will be difficult to resist Disney's offer. You must know that Marvel's market value is now about $2 billion, and if memory serves, Disney spent more than $4 billion to acquire Marvel, although I don't know if there are other conditions, such as performance. But with an offer of double the premium, I'm afraid not many people can resist. The current approach is nothing more than a delaying tactic, but there is still much to be insisted upon. Disney isn't that easy to deal with and definitely wants to dominate here.

The next thing must be very troublesome, Zhou Shi is also prepared, Disney will think of other ways to try to obtain the consent of shareholders, whether it is for more equity or to acquire the company, but Zhou Shi is also the company's management, and he has made a lot of contributions after joining Marvel, not to mention deep-rooted, it is difficult for everyone to ignore. Attracting more shares has also become a top priority.

Galaxy Capital also contacted MGM and wanted to win the project in the magic capital.

"Is it possible for them to transfer this kind of project?" James, who was preparing to negotiate in the past, was puzzled, a project like "MGM World" could improve the company's profitability very much, and it would not lose money, and now that the financial crisis was about to pass, how could they transfer such high-quality assets now.

"They have no money, and there is no other way but to sell their assets or choose to go bankrupt!" Zhou Shi explained

"MGM is going bankrupt again?" James

"Well, that's right, I'm going to go bankrupt again!"

"Oh, it's pathetic, his luck is so bad. "James

"Who's to say it's not?"

"So there's a good chance we're going to buy this project?" said James

"Chinese companies will also give us the necessary support. "Zhou Shi

"Then I don't have to run. "James

"The amount of money they invested is about $150 million, and you can negotiate the exact price. Zhou Shi's acquisition of MGM's assets saved his life in disguise, investing $150 million in 2007, and if the level of negotiations is high, it may ......

"Don't worry, this little case, there is no problem at all," James said proudly

"It seems that you guys are doing a good job over there, what are our results this time?" Zhou Shi

General Motors announced bankruptcy and reorganization in June, and the restructuring was completed in 40 days. However, there are too many unlucky, and the original shareholders of GM (mainly funds that buy GM shares in the secondary market, and shareholders such as natural persons who do not participate in the management) can basically be said to have lost all their capital. In addition to the previous managers, who may be able to damage the public and private interests through asset replacement, stealing beams and changing pillars, etc., the shareholders who take advantage of the chaos to grab some assets may still have profits, and other creditors, employees, the government, etc. are all losers.

"We bought a total of $3 billion in bonds, the average cost is about 0.3 percent, converted into shares roughly at about 1.2 percent, some creditors are not willing to convert into stocks, we exchange the bonds in our hands with other bondholders, a total of 1.8 percent of the new general shares, a total of 130 million US dollars, of which 0.5 percent of the shares of China Investment and SAIC, our actual expenditure is 30 million US dollars, accounting for 0.8 percent of the shares. "James

"Awesome!" Zhou Shi gave a thumbs up in his right hand

"It depends on the future, and I don't know what the operating conditions of GM will be after the restructuring, and what level of market value can be reached after the relisting, but the debt burden of the new company is also very heavy, and the probability of our loss is not small. "James

"It's only 30 million, we can afford to lose, the main thing is whether you have gained or not, and whether our network of contacts has been established. "Zhou Shi

"That's our main task, of course, no problem, in this deal, we talked with ......" James, with a shrewd and capable look.

There are thousands of general unsecured creditors, although they are mainly institutions, but there are also many individual investors, and those who make money, naturally there are those who lose money, I hope those people are not the initial investors, otherwise, after these debts are converted into equity, the current market value is about one-tenth of the original, even if they continue to hold the creditor's rights, it is impossible to get full compensation. It is important to know that there are secured and unsecured creditor's rights, and the mortgaged assets also depend on whether the debts can be paid off. All in all, except for a few winners, the institutions and individuals related to GM have basically lost badly. Like Toyota, the market benefited the most, which is one of the reasons why Toyota counterfeiting broke out in the United States later. There is no doubt that all parties in the United States have invariably amplified the harmfulness of Toyota's counterfeiting and dealt a huge blow to Toyota. It's a pity that it's useless, GM, Ford is still languishing, and Toyota is still the world's largest car company by market value. It is also Tesla's corner overtaking, but car sales are not worth mentioning compared to Toyota.

In addition to the possible future benefits, the relationship between the United States and China has been consolidated in this action.

James, who returned from victory, brought a satisfactory reply to Zhou Shi a few days later, and MGM replied that if the funds arrive quickly, the price is negotiable. Zhou Shi was happy when he heard this, he lacked everything, that is, he was not short of money. Whether it is a bank or an investor, it is now known that Galaxy Capital's fund has been successful in buying the bottom this time, and several stocks that have entered the top ten shareholders in the open market have earned more than 30% according to the cost of holding positions. There are not too many local tyrants crying and shouting to invest money in Galaxy Capital, if it weren't for Lu He's busy now, Xuanwu Fund might have to expand its scale or set up a new phase of the fund.

Without hesitation, he used 200 million US dollars to win the "MGM World" project of the North Shore of the Magic City, and then invited Yanjing Tianhong Group, a state-owned enterprise, to Hollywood to discuss cooperation with Marvel. With the development of Marvel superhero IP, the company's stock price has risen again, but unfortunately it is not Huaxia, otherwise the concept alone can be several price limits.

However, Marvel took this step and the future prospects are promising, which also made Disney temporarily cut off the idea of acquiring Marvel and began to seriously discuss the acquisition of Miramax with Zhou Shi and other Marvel executives.

(End of chapter)