Chapter 1302: Smith Newspaper Real Estate Supermarket (58/69)

"Boss, the McClatch Publishing Group was founded in 1857. It is the second-largest newspaper group in the United States, with a total daily circulation of 3.3 million copies of its 32 daily newspapers. Until the '90s, McLatch & Co. continued to expand, acquiring local newspapers.

In June 2006, McClatch & Co. annexed Knightreed Newspaper Group, which was the top newspaper company in the United States in the 70s of the last century, but the merger failed completely.

In fact, since 2005, the share price of McClatch Newspaper Group has been falling from a high of more than $70 to about $3. ”

Outside the Miami Herald newspaper building in Biscayne Bay, Miami, in a motorteam parked on the side of the road, Andy's subordinates in charge of the acquisition negotiations gave a quick briefing on the situation.

Andy, on the other hand, looked at the newspaper building outside the car window, his eyes narrowed slightly, and he looked with interest at the surrounding prime location with an invincible sea view.

"McClatch Newspaper Company has announced several large-scale layoffs in less than one year, with a cumulative reduction of more than 4,000 positions, and the proportion of layoffs has exceeded one-third... ”

"How is the real estate market in Miami right now?"

Andy's lack of interest in the McCarracy situation is a concentrated reflection of the declining trend of the newspaper industry for the acquiree in this acquisition. At the same time, the win-win situation of the McLachey Group seems to point the way for the troubled newspaper industry.

However, for Andy, the so-called win-win situation is only that he won the other party twice, and the purchase price of 260 million US dollars made the 14-acre sea-view building and the 105-year-old newspaper his pocket, which is almost equivalent to a century-old newspaper for nothing.

"The real estate market in Miami is very bad at the moment, both land prices and housing prices are very low... ”

"Really?" Andy touched his chin, pondered for a moment, and said to the driver, "Go around in a circle!"

"Good boss. ”

Andy looked at the land around the Miami Herald building, and couldn't help but be interested, he knew better than anyone that after the financial crisis and the successful dumping of the world by the United States, the domestic economy ushered in a period of rapid recovery, not only the financial economy was improving, but even the real estate was blowing a big bubble again, and the land in the prime area soared to several times the current price, more than ten times.

Andy will not engage in real estate, this kind of business cycle is too long, and it is really not very attractive to him, but this does not prevent him from hoarding land when the real estate is at its lowest, and there is a real estate team in his think tank to find him prime locations in major cities across the United States to hoard land, and in California alone, the scenic land has hoarded more than a dozen pieces, reaching an area of more than 1,000 acres.

In order to welcome the expansion of the Celestial Empire and local tyrant real estate companies around the world, Andy really spared no effort to prepare a 'super gift package' waiting for them to come to the door, when the time comes, he only needs to wrap a napkin, pick up a knife and fork, and bring a bright smile to open the slaughter!

"After the acquisition is completed tomorrow morning, let the real estate team start the real estate acquisition around the newspaper building, I want this area!"

Andy stretched out his hand and pointed to the newspaper building outside the car window and drew a circle in the air, and the subordinates next to him immediately understood what the big boss meant, originally in this acquisition negotiation, the building was more valuable than the newspaper itself, which is also the other party's gritted teeth less than 260 million not to sell the confidence, even if the real estate bubble bursts, it is impossible for land in a prime location like Miami to fall to the price of cabbage.

It looks like this group of journalists has to move!

House, who was in charge of the acquisition negotiations, sighed in his heart that according to the boss's pee, he would definitely cash out the land in this area at the right price.

Against the backdrop of rapid changes in the media ecological environment, the hurricane of the economic crisis swept through the prosperous territory of the traditional newspaper industry, leaving a devastation in its wake. In the face of declining performance and a sharp decline in advertising revenue, the big boss still dares to buck the trend, don't think that he is confused, or what media feelings are touted by the outside world.

Big Boss knows the predicament of the print media better than anyone else, just because the newspapers he acquired have enough assets that can allow him to complete the cash-out and return to the capital, and although the credibility and influence of these newspapers are also valued by the big boss, but how much is valued, this is really only known to the big boss himself.

This is also when Andy sold the newspaper building and surrounding real estate on a large scale in the next few years, frantically cashed out, and made all the media dumbfounded and complained that the building was more valuable than the newspaper office, and the outside world understood the strategic vision of this 'business genius', and gave him the nickname 'Smith Newspaper Real Estate Supermarket', of course, this is a later story.

Andy doesn't care about the outside world's eyes, as he accumulates more and more wealth, he understands an important investment philosophy, that is, middle-class long-term investment, and the reason why the rich will get richer and richer is because their investments can be quickly rewarded or can be easily cashed out.

Hotel Fontainebleau Miami Beach.

A black gauze loose dress with a skirt just above the tun girth highlighted a pair of wheat-colored slender and long Tui Adriana Lima, with flaming red lips, a pair of large triangular sunglasses, and a black satchel in her hand.

"You're going out?"

In the corridor of the hotel, Lima happened to meet Alexander and Du Chen who were walking towards him, and when he heard Alexander's question, Lima smiled and nodded and said, "I made an appointment with a friend for dinner." ”

After the three of them chatted briefly, Lima walked to the elevator with the bodyguards, while Alexander and Du Chen looked at each other and smiled meaningfully, for the scandal between Adriana Lima and Andy Smith, they would not believe that it was just a scandal, after all, everyone made about the same money, and they were supercars, yachts, and two female bodyguards by their side, which was not a luxury that these Victoria's Secret angels could easily enjoy.

It's just that everyone tacitly agrees, of course, if you want to say that you don't envy, it's impossible, only these supermodels themselves know best, once they walk off the runway, how to deal with this good skin is the most important!

To some extent, the circle of supermodels who can PK has stood on the stage of the first echelon of life, how to find a new world before old age, YOUU has their own tricks, some people have embarked on the acting route with their personalities, some people shine in the shopping mall with their financial quotients, some people eventually marry into a wealthy family, of course, some people become short-lived fireworks, and some people are getting more and more wrong...

Bite!

The elevator door opened, and Miranda Kerr, who was wearing only a bikini in a long fuchsia dressing gown, happened to be in front of Lima, and the two only smiled politely, and did not even communicate.

This is not because Lima found anything, but Miranda Kerr's popularity in Victoria's Secret is not very good, anyway, Lima doesn't like her very much, and the sweet smile on her face is always so fake, a proper scheming.

Well, Lima admits that in fact, Victoria's Secret is all scheming...

The elevator door closed, the sweet smile on Miranda Kerr's face dissipated, the beautiful eyes on the baby's face narrowed slightly, and she glanced back at the elevator, a sneer appeared at the corner of her mouth, she naturally received a text message from Andy Smith, knowing that he was coming to Miami, and seeing Lima leaving, of course she guessed that this Bichi was going to deliver to the door!

However, thinking of Adriana Lima's previous invitation to everyone to have a party on her yacht, the fire of jealousy in her heart couldn't help but rise, I really don't know how this Bichi knelt down to make Andy Smith so fond of her.

With a gloomy expression, Miranda Kerr, who was clenched with silver teeth, returned to her room, took off her nightgown, threw away the bikini she took off, walked into the bathroom, turned on the shower and rinsed the sea water on her body, looked at her delicate body in the mirror, her eyes flashed, and she thought about how to capture and charm Andy Smith.