Chapter 499: Acquisition of an American Cinema Company!

AMC American Cinema Line, this company has little to do with the AMC cable channel, the names of these two companies are different, but this AMC Cinema Line is not a fighter of the first and second classes, and they are also very good.

AMC opened its first movie theater in the United States in 1920, 90 years ago, and today, they have more than 340 theaters and more than 5,000 screens, making them the second-largest theater company in the United States.

It's tough, it's tough, but what did Gerardo Lopez, the man at the helm of AMC do today, do?

"100% of this is definitely not possible, this is not equivalent to selling us all, such a decision, we AMC is unacceptable. ”

100%?

Why does Lopez look like a chicken-headed white face? And his head is still full of sweat.

"If it's not 100%, it's just too boring, you AMC has so much debt, if we can't buy you completely, then what are we going to do? When the time comes, you will still do things according to your previous ways, so how can you solve the debt problem? You are losing money now, and you will continue to do the same as before, so when will you be able to pay off the debt? You must know that we are here to buy you, not to inject capital into your company!"

Yu Dong spoke first, this guy's rhetoric was very strong, even full of gunpowder, and the subtext was that the AMC executives led by Lopez were a group of rice buckets!

That's what I said, anyway. There is still a translation process in between, so I don't know if Lopez can hear a little bit of it.

β€œNONONO。 We are an old brand with a very glorious history, and the whole management is very good, as for the debt problem, it is a historical problem, and we will solve it. ”

Obviously, this Lopez is not a fool, and he understands the meaning of those words. And completely disagreeable.

"Forget it, can you still solve the debt problem? The current American film market is still growing, as Campbell, the CEO of Emperor Entertainment Theaters, who is holding you down AMC, said before. The more the economic crisis, the more people watch movies. But in this context, your AMC's performance has not improved much, can you deal with the debt?

"I, we'll be able to handle it. And. The key issue is a 100% acquisition, which is just too much trouble. ”

Lopez was trained like a son, his face was flushed, but he couldn't help it.

That's right, in the VIP box of Staples Field, negotiations are underway over a takeover, but the negotiations seem to have reached an impasse. There is a big disagreement between the two sides on the amount of shares to be acquired!

In this way, this is a 100% acquisition of AMC, the second largest cinema chain company in the United States?!

That's right. It is this acquisition case, because of this, Wu Xiang and Wang Shoufu were present in person, because the funds involved in this acquisition are quite large.

Now this negotiation is about how much equity to acquire, and the Chinese side wants to use 2 billion US dollars to acquire 100% of the shares of the 90-year-old AMC Cinema Company, 2 billion US dollars, which is not a small amount!

2 billion US dollars, this is already more than 10 billion RMB, this number is not small, judging from the strength of Wu Xiang and Wang Shoufuman...... Again, you can't put all your eggs in one basket, everyone cooperates, share the risk, hello, hello, everyone.

But the question is, can this acquisition be successful? Will the AMC be sold? Do they owe a lot of money?

I really owe a lot of money, and I have a lot of foreign debts.

Although, according to the CEO of Emperor Entertainment Cinema, the more economic crisis there is, the more people watch movies. But the problem is, you have to have a premise for watching movies, that is, this movie theater must be able to show movies.

Isn't cinema just for movies?

This is true, but with the development of the times and the progress of film technology, cinemas need to be renovated and upgraded.

Now, AMC is actually the world's largest 3D and IMAX theater company, with the largest number of screens in these two technologies, but don't forget, these two new technologies, they cost money.

Before the financial crisis, people started to invest, and then experienced an economic crisis, not to mention, there was a cost loss in the cost of this investment, simply put, things are cheaper now, at least in the cost of the venue, and the real estate in the United States has collapsed.

This is equivalent to not making money, this debt will directly become larger, in fact, the money from the previous investment transformation and upgrading is also borrowed.

To put it bluntly, this AMC is a little back, but you can't rely on society, it's useless to rely on it, just go find money.

Now the United States has money or not?

The answer is needless to say, yes, yes!

But the question is, also score who has money and who doesn't.

If you're a financial business, hey, you've got money, and you can have as much as you want.

To give an example, the famous insurance company in the United States, AIG, which many people may have heard, is a really large company, in the 2008 Forbes list, in the list of the top 2000 multinational companies, AIG ranked 18th.

In 2008, it was so powerful, but before 2009, in September 2008, people couldn't do it, and the United States was going to take custody. This is a slap in the face of Forbes, it is simply inhumane.

To put it simply, that is. Government, come, give money!

What was the price of AIG at that time?

The U.S. government is not an idiot. Even if people have money, they also take it from the Federal Reserve, and you have to have a price for AIG money, and you have to report your worth yourself.

$15.4 billion, that's the total price of AIG at the time, but how much money did Ohama send to this insurance company, that is, how much blood?

$180 billion!

Don't be surprised. This is a very real case, which happened not long ago, and Wu Xiang still knows about it. In 2011, AIG's former CEO, Morris Slingberg, sued the U.S. government for AIG's aid program.

You read that right, he's really suing the U.S. government. Otherwise, the government is good. The government will sue casually, and it can sue for any reason.

The reason for people is that your U.S. government's assistance to AIG has ulterior motives, because your U.S. government has invested more than 180 billion US dollars, taken too many shares of AIG, and then obtained more than 20 billion US dollars in benefits from it, so you are evil!

Let's be honest. Perhaps only these people engaged in finance can understand that more than 180 billion US dollars are used. It's still evil or wrong to save a business worth more than $15 billion and then make a profit of more than $20 billion in a few years...... This reason is really drunk.

Therefore, it can be seen that the people on Wall Street are all bull X, and ordinary people can't compare.

AMC is not a Wall Street company, and Lopez is not as thick-skinned as Slingberg, so he has no money, and he has no way to borrow money from the US government, so he has to find someone else.

Now except for the US government, who has the money?

Chinese.

The God of Wealth has found it, and people are quite willing to invest in AMC this company, but the problem is, these Chinese are not easy to fool, they just want the entire AMC company, but this whole is given to you, then we were busy before?

Anyway, Lopez insists on one point, you can buy it, but you can't take it all, it's not 100% of the $2 billion acquisition, let's just buy 50% of the $1 billion acquisition!

And Yu Dong is very simple here, we will pay 2 billion US dollars, this AMC is all ours, you guys stay cool, we will all take over, a hammer deal!

These two people are frozen here, if you want to say who is right or wrong, it can be said that it is all the masters, at this time, Wu Xiang spoke.

"Mr. Lopez, I know you can't be the master, so it's better to let JPMorgan Chase behind you, and Bain Capital or something, come out and talk, it's not interesting to keep freezing like this. ”

Wu Xiang's words are very interesting, if he is right, then didn't Yu Dong spray so much saliva in vain just now?

"This ......" Lopez's face was not very good, this Wu Xiang in front of him was very powerful, and he directly found his weakness.

That's right, Lopez is the CEO, but he is also a part-time worker, although he is in front of him, but in fact, he can't be the master.

In fact, as far as the big enterprises in the United States are concerned, they are basically like this, that is, they seem to have unlimited scenery, but in fact, they are controlled by large consortia behind them, and these financial consortia are naturally all from Wall Street......

Wait a minute, isn't Wall Street being transfused by the U.S. government? They should be very rich, so if they have money, why not transfuse blood from a company like AMC?

Normally speaking, it should indeed be the case, let's just say that although Ao Guanhai does not have a strong economic mind, but a group of people in the US government are not stupid, the reason why they formulated an economic rescue plan for Wall Street with unlimited blood transfusion is to let these Wall Street financial consortia drink enough blood, and then transfer this blood to American companies.

To be honest, this idea is still good, because from all aspects, from the perspective of financial holdings, it is theoretically valid.

However, you must know that capital has an innate thing, called profit-seeking, although this thing stimulates the activity of capital, but sometimes it is also very cold-blooded.

For example, this AMC, the financial consortium on Wall Street calculated, and we transfused blood to plug the hole for you, which is not cost-effective!

You don't care how they calculate it or not, but they just don't think it's worth it, so it's better to put the money of the U.S. government in your own pocket first......

"Mr. Wu, since you already know what Lopez said doesn't count, then I'm curious to know, what can you do to convince Morgan or Bane?"

At this time, a middle-aged man who had been sitting behind Lopez spoke, this person was a Chinese man, he could see it from his skin, when they introduced each other just now, Wu Xiang knew that this person's name was Li Junjie, and he was a person from Morgan.

"It's simple, $1.5 billion, 100% AMC shares!"

1.5 billion? Wu Xiang is bargaining? This is not buying cabbage, this is hundreds of millions of dollars!

This kind of bargaining is absolutely unacceptable, but Wu Xiang's words are not finished.

Add to that a 10% stake in the NASDAQ-listed Focus Media advertising company. Focus is now worth $6 billion, and you can make a profit on 10% of the shares!"

So, that's $2.1 billion, so that's $100 million more?

I saw this Li Junjie whispering a few words to a few people next to him, and then said, "Very good!

100 million more is it done? (To be continued......)

PS: Thank you for the tip of the eternal promise of Meteor, thank you very much!

Thank you LeD, Duke of September?, wangbing2496, several monthly passes, thank you very much!

Let's talk about the news of the movie, Xing Ye's "Journey to the West" is going to be released in Japan, but after watching the film, many Japanese celebrities gave angry praises, such as Akira Toriyama, hehehe.

It seems that our own people are more thorough about their own things.

Okay, not much to say, thank you for your support, thank you!