Chapter 523: San Marino
Chapter 523: San Marino
……
"Mr. Guo really knows a lot about MGM's finances. In that case, I believe you must be aware of it. At least one-third of MGM's debt structure is convertible.... ”
"Convertible bonds are also debts that must be repaid. Guo Shouyun interrupted him, "Of course, if Mr. Gary Barber intends to give MGM a new lease of life through the Bankruptcy Law, it is indeed a good idea." But I think MGM's board of directors wants to sell the company more than go bankrupt. ”
According to Article 11 of the U.S. Bankruptcy Code, an insolvent company can be reborn through bankruptcy reorganization, and creditors can not only reduce their losses by means of debt-to-equity swaps (converting the debts of the old company into shares of the new company according to certain rules and procedures), but also justifiably erase the interests of all shareholders of the old company in accordance with the legislative provisions of the legislative principle that the investor first takes care of the owner.
This means that all MGM shareholders will now have no money.
Gary Barber's eyes flashed, "I never intended MGM to go bankrupt to survive the crisis. I just want to emphasize to Mr. Guo that MGM's financial situation is not good, but it is not as bad as Mr. Guo said. And, as one of Hollywood's greatest studios, we can generate new revenue by making new movies. The failure of "Windtalker" does not mean that we will always fail. Just like Universal before Mr. Guo's acquisition, although the investment in "Future Water World" failed, it also succeeded through "Mummy" and "Jurassic Park". I'm sure MGM has that ability as well. ”
"In the end, even if we didn't succeed in filmmaking. We also have potential collaborators such as Sony Columbia, Twentieth Century Fox, etc., and the matrix is not the only one. ”
"Of course we believe in the United States, but there are many other consortiums in the world that are interested in MGM. I also trusted Mr. Gary Barber to lead MGM forward, but MGM's financial woes were also true. Without the injection of new capital, MGM would undoubtedly be making a riskier gamble on an uncertain future. Success is better, but if it fails, MGM will be in a more dangerous position than it is now. ”
After Guo Shouyun completed his task of 'singing white face' and exposed all the major crises of MGM, Buddy Morris sang 'red face'.
"In contrast, our matrix has many popular movie rights, such as the "Pirates of the Caribbean" series, the "Harry Potter" series, the "National Treasure" series, the "Fast and Furious" series, the "Spider-Man" series, the "Hulk" series and other series of movies, which can support the matrix for at least ten years of glory. In addition, our boss is recognized as a top writer in the United States, and as long as he is there, we will never be short of excellent scripts. ”
Hearing this, looking at the young man sitting opposite, looking confident and with a steady temperament, Gary Barber was full of envy in his heart, although his face remained calm. As Buddy Morris said, the film and television adaptation written by Bruce Guo has become a big hit that the whole of Hollywood is chasing through the success of one movie after another in the past four years. As long as he is there, the matrix will never lack excellent scripts. This is an advantage that MGM does not have.
“… If, at the Matrix, we acquire MGM, then the proceeds of the Matrix will also be distributed to MGM's shareholders, including Mr. Barber. ”
As the CEO of MGM, Gary Barber also owns MGM's shares, although it is not much, but if you multiply it by MGM's size, it is also a huge amount of money. Finally, if you can convert your stake in MGM to a promising matrix, the benefits represented by this stake will be even greater.
You must know that the current matrix company is not a listed company, and if you want to get its shares, there is no way unless you let the young man on the opposite side nod.
As a result, the price of bonds issued by Matrix companies has risen in the bond market today.
"The matrix company has a bright future, and it is precisely because of the excellence of the matrix that I agreed to the invitation of the two of you to attend today's dinner, and plan to merge MGM and Lianyi into the matrix company. But the price you give is too low. I, and MGM shareholders, including me, will not agree. ”
"Mr. Bobble, your overvaluation of MGM will not lead to a merger either. Buddy Morris said.
"We can reduce the cash ratio a little bit. After a moment's silence, Gary Barber said.
"How much?"
Buddy Morris then asked.
"$2.5 billion plus a 10% stake in the company. ”
"This can't be!" Buddy Morris quickly shook his head.
"Mr. Morris, Mr. Guo, this is MGM's last condition, and we will not back down. ”
Looking at his serious expression, Guo Shouyun, who had not spoken much, nodded.
"Cash plus $4.5 billion in equity and assumption of all debt is also the final condition of the Matrix's acquisition of MGM. ”
"So we can't reach an agreement today!"
Guo Shouyun spread his hands.
He wanted to buy MGM, but he didn't want to be the boss either.
"Well, in that case, then I'll take my leave. If Mr. Guo changes his mind, I always welcome your call. ”
Guo Shouyun smiled faintly, and did not deny or agree.
Together, the two of them escorted Gary Barber out of Cyrill's restaurant.
Looking at the car shadow in the distance, "Boss, do you think MGM is more likely to agree to our conditions?"
"What do you think?"
"Judging by Gary Barber's reaction, the odds are slim. ”
Guo Shouyun nodded slightly, "Now that MGM is at the end of the mountain, Gary Barber naturally still has the confidence to negotiate with us." However, this is no longer the time for independent film companies to dominate. ”
In addition to movies, Disney also has theme parks, ESPN Sports, ABC, as well as games, toys and other peripheral businesses.
Twentieth Century Fox, behind it is the huge News Corporation. AOLTIME Warner's business spans online and offline, involving almost all media and entertainment methods such as movies, television, radio, newspapers and magazines.
Behind Paramount is the much larger media giant Viacom. Behind the Columbia company is Sony, a giant that is still standing tall despite its decline. Not to mention the matrix, all the assets under Guo Shouyun are its backing.
After nodding his head clearly, Buddy Morris continued to ask, "Do you need to continue negotiations with MGM?"
"Go on. Just pause for a while. It's not good for us to act too urgently. ”
"Yes!"
……
After separating from Buddy Morris at Cyrill's restaurant, Guo Shouyun drove home. However, after his itinerary was exposed because of his participation in the Oscars, he had more invitations here.
Some of them are too lazy to go, while others are necessary to go.
"Boss, do you need us to go together?"
"No, Matthew can just go with me. ”
Looking at Guo Shouyun, who had tidied up his clothes and walked out, Wu Xiaojing and Wang Jue invariably showed a trace of disappointment on their faces.
As administrative assistants, the big boss rarely takes them out when he goes out, which is not a good sign. At least in their opinion.
Out of the house, Matthew drove to San Marino. It is the third largest residential area in Los Angeles after Beverly Hills and Malibu.
Among the more than 4,000 households, Asians account for more than 53.3%, especially the majority of wealthy Chinese. And more than two-thirds of the people here are highly educated, and it is also the city with the highest concentration of Chinese in California.
Also, the scenery here is not as close to the sea as Beverly Hills and Malibu are. However, in the famous Huntington Library, the Chinese Jiangnan-style garden 'Liufang Garden', which is completely built against the backdrop of Chinese gardens, makes this place full of different attractions.
At the same time, because of its proximity to the world-renowned California Institute of Technology, it has a more humanistic and academic atmosphere than Beverly Hills and Malibu. The San Marino School District is also the best and best in California and the only school district in the United States with perfect scores. Elementary, middle, and high schools add up to 10 out of 10.
Of course, this series of favorable conditions has also caused the supply of houses in San Marino to almost outstrip supply, especially now that housing prices in the United States have begun to rise significantly.
"Boss, we're here!"
Guo Shouyun looked at the single-family villa, which was surrounded by lush vegetation and courtyard walls, and waved his hand.
"Go call the door!"
"Yes!"
After answering, Matthew got out of the car and walked to the closed iron gate and pressed the doorbell. After he identified himself, the courtyard door soon opened. Matthew on the return drove into the interior of the villa.
After passing through the courtyard gate, there is a garden, about 200 square meters. For the United States, this scale can only be considered mid-range. Half of the yard is planted with flowers and plants, and the other half is a smooth and hardened pavement.
The main body of the villa is a two-storey, distinctly American-style villa. Judging from the shape, there is also a backyard in the back that I don't know how much it occupies.
After Matthew stopped the car, Guo Shouyun looked around. There were several obviously high-end cars parked next to him, and he understood that he was not the only one invited to today's party.
"Bruce!!"
When Guo Shouyun just opened the car door and came down, a young man with a surprised face had already strode towards him.
"I didn't expect you to come. ”
Cheng Tinghua, who was surprised in his heart, stepped forward and gave the other party a hug.
"Of course I'm here at a friend's invitation!"
"Bruce, meet again!"
"Qin Xiao!"
After glancing at the man who still maintained the dark and thin image in his impression, Guo Shouyun's eyes turned to the back. Wang Guozhen who wears glasses, Du Hongchuan who is blessed, Gao Jingguo who is a little more mature and capable, and Yao Qianqian, who is still wearing a red dress and is charming and beautiful.
"Why didn't you see Chen Huidi and Qiu Hongying?"
At the beginning of the meeting in San Francisco, and later the establishment of the 'United Real Estate Company', including Guo Shouyun, there were a total of nine people!
"They went to Singapore to get married and are not here today. Qin Xiao said.
"Really? That's a big congratulations!"
"At present, the specific date of the wedding has not been decided, otherwise I will definitely send you an invitation. ”
Wang Guozhen, who was close to Chen Huidi and Qiu Hongying, was afraid that Guo Shouyun would be dissatisfied because of this, so he hurriedly explained.
In fact, there was no Guo Shouyun at today's party, but after they heard that the other party was in Los Angeles now, they tentatively sent an invitation, but they didn't expect the other party to really come, which was an unexpected surprise!
"Then I'll just wait!"
Guo Shouyun smiled. He could see that these people, including Cheng Tinghua, who had met him the most, had some restraint in their expressions.
Also, compared to more than three years ago when the two sides first met. Guo Shouyun's identity and status are completely different from the past.
At that time, LinkedIn and Google's influence was limited to Silicon Valley. The matrix is just getting started, Phoenix and Hanhua are only inconspicuous members of the financial world, and Guo's Commercial Group is only a medium-sized self-produced and self-sold agricultural and animal husbandry group.
But now Ruby, which includes LinkedIn, and Google, have become high-tech companies that have attracted the attention of the world. After acquiring Pixar, Marvel Comics, Blizzard, Warner Records, C TV, TNT TV, Universal Pictures, Universal Studios and many other businesses, Matrix has become the world's top media company alongside Time Warner, Disney, Twentieth Century Fox, News Corp. and other giants.
Phoenix and Hanhua have also become the two major financial companies in New York and Hong Kong with the fastest growth and the largest profit growth, and have attracted the world's attention.
After the acquisition of Burger King, Kwok's Commercial Group has become a large-scale comprehensive business group with five major businesses: retail, agriculture and animal husbandry, slaughtering, logistics and catering, with assets of nearly 10 billion US dollars.
In addition to these, Guo Shouyun also owns Apple, an old computer company, which has once again become a high-profile high-tech company in the United States because of the hot sales of iPods.
Pacific Energy Group, after the annexation of Pacific Electric Power and Natural Gas Company, Southern California Natural Gas Company and Southern Company, is currently the world's largest power group and natural gas distribution and retail company, developing business in 48 countries and regions around the world.
Unocal Petroleum is currently the fifth-largest oil company in the United States after ExxonMobil, Chevron Texaco, ConocoPhillips and Valero Energy.
Although Huaxia's business sector is not too eye-catching because of its small scale. But the U.S. career map alone is already a place where others may not be able to achieve amazing careers in their lifetime.
All this constitutes Guo Shouyun's admirable, even a little fearful, illustrious power.
Although Cheng Tinghua and the others are also from wealthy families, compared to Guo Shouyun, Qin Xiao, who has the best family affairs among them, is too far behind. This kind of psychological gap, even if Guo Shouyun deliberately makes himself easy-going, he can't change the subtle embarrassing atmosphere.