"NBCUniversal!

Hearing Andy's words on the phone, Buffett, who was frowning and unhappy, couldn't help but breathe a sigh of relief in his heart, his brows stretched, and he smiled. Sure enough, he is a smart, measured young man.

"Haha, you guy, it seems that you have a great obsession with the media empire, but NBCUniversal is not cheap, even under the current economic situation, it will cost at least more than 20 billion US dollars, can you eat it?"

Hearing Warren Buffett's teasing laughter, Andy couldn't help but raise his eyebrows and said, "Even if I eat it, do you think GM will really sell me all NBCUniversal?"

"No, that's their mouthpiece, and even if they promise a deal, it's going to be a conditional deal, and they're going to cling to their shares and board seats. ”

Andy has long been mentally prepared for Warren's judgment, but if you want to quickly build a media empire of sufficient scale, you can only do it through capital operation, although the rise of AMC TV is very strong, but it really can't be compared with NBC, ABC, CBS three major broadcast and television networks, and don't even think about surpassing.

The news brought by Warren this time undoubtedly made him see an opportunity to take advantage of, and if it is operated properly, it may not be impossible to fulfill his dream of a media empire.

"I've helped with this, I think GM CEO Jeffrey Immet, who is in a difficult situation, will be very willing to get to know you, an excellent genius, so when will you go back to New York, I can make an appointment to play golf together, it's autumn and it's cool, you won't refuse with the reason that the weather is too hot, right?"

"Hehe, of course, besides, my current skills have really improved a lot, playing ball is my best sport!" Andy raised his eyebrows slightly, and a wicked smile appeared on the corner of his mouth, and he said with a pun.

It's a pity that his words are no different from saying to the deaf, the old rascal didn't hear Andy's pun, just laughed at Andy's ball skills a few words, and agreed on a time to contact, and ended this time of communication.

After hanging up the phone, Andy took out his mobile phone and sent a text message to Al in New York, asking the think tank to sort out the details of General Electric.

If he can really enter NBCUniversal, then the acquisition of AMC Cinemas will be dispensable, and at this moment, Andy's ambition swells again, and his eyes shine brightly.

Half an hour later, Andy turned on the video link and began a video conference, listening to his subordinates report to him all the information they had collected from General Electric, as well as their analysis and judgment.

“。。。 Unlike banks, GE Capital itself has limited deposits and is currently in a difficult situation.

GE Finance's high leverage, which had been supported by high performance at the time, was now in a state of operational tension due to declining profits in the financial business, triggering market panic and a plummeting stock price, and capital operations in trouble.

Coupled with the recent tightening of government supervision of "non-bank systemically important financial institutions", GE Capital has become a heavy burden on the parent company as a result of its inability to conduct various highly leveraged financial operations.

The company's credit guarantee rating has been downgraded, and the financial loopholes and risks have exerted greater pressure on GE to return to specialization and reduce financial resources.

It can be said that the current CEO of General Electric, Jeff Immelt, has slowly lost the trust of the board of directors and continues to strengthen his position with external forces and good news. ”

Listening to the analysis of the think tank, Andy touched his chin, pondered and said: "General Electric once had a market value of more than 600 billion, are they really so short of money? Or do they just want to boost the stock price through this financing and dispel the panic of investors?"

"Boss, they don't even have a market value of 300 billion now, it is precisely because of their large size that they are even more short of money, once the capital chain is broken, it may collapse instantly, this is not alarmist. ”

Alvitatre explained the doubts in his heart to Andy with a serious face, and continued to show the data to corroborate.

As of July 17 this year, General Electric released its second-quarter financial report showing that the company's net profit for the quarter was $2.67 billion, far lower than the $5.07 billion in the same period last year. The company's revenue also slipped to $39.08 billion from $46.84 billion last year.

Based on all the data analysis, $33 billion of the company's $45 billion in total pretax revenue last year was used to keep the business afloat, and the remaining $12 billion was not even paid off on the interest on its $43 billion debt.

By July of this year, GE's net tangible assets were only $17 billion, but its debt-to-asset ratio was as high as 3,000 percent — it had liabilities of more than $500 billion. This means that once the underlying value of an asset falls by 3.3%, all of its tangible assets will be zero!

As a result, GE must find more sources of funding. In the case of the capital market's reluctance to help, its only way out may be to open up sources and reduce expenditures and sell assets.

Since the first quarter of this year, after the news that General Electric is about to sell or spin off its home appliance business, many Wall Street analysts have been urging GE CEO Jeff Immelt to divest off NBCUniversal and consumer finance.

Because the former is the main reason for the shrinking of GE's profits, the latter is not in line with the development strategy of GE's parent company, which focuses on the industrial, financial and healthcare industries.

My guess is that Jeff Immelt has probably accepted the advice, and even if they get help from outside forces this time, GE should be ready to cut money and sell off mismatched assets. ”

Andy's eyes lit up slightly, and then he looked at the members of the think tank in the video window, and after his eyes focused on Al's face, he said with a serious expression: "If I propose to buy NBCUniversal now, Jeff Immelt may be happy to see it, right?"

Al's face froze slightly, and the members of the think tank in the conference room also looked at each other, and they were all a little speechless about the sudden arrival of the big boss, although the funds are sufficient, and they can also annex NBCUniversal in one fell swoop, but what about the acquisition plan prepared before?

But after all, they are just part-time workers, and the big boss can naturally change their goals, what they do is to serve the big boss, and several data analysts in the think tank immediately got together and began to sort out NBCUniversal's data and data.

Al, on the other hand, frowned slightly and pondered for a moment, then asked, "Boss, do you want to buy it wholly or just want to control NBCUniversal?"

"GE may not agree to a wholly-owned acquisition, and I don't plan to spend too much cash on NBCUniversal, as long as I become the largest shareholder, control NBCUniversal, and then... ”

Although Andy didn't say it completely, but Al, who knew his boss's pee, naturally knew what the boss didn't finish, and slowly cannibalized it? Al groaned and said: "Then AMC TV, Summit Entertainment, Weinstein Studios will complete the absolute control of NBCUniversal in the form of cash and cash, but in this way, we will inevitably be suppressed in the negotiations, if we add the Marvel Group... “

"That's definitely not going to work, I won't take care of one or the other, I won't trade with the Marvel Group!" Andy didn't even blink an eye, and directly rejected Al's proposal to Marvel.

"Hulu video, I think that's definitely a huge attraction for NBCUniversal, so that we can have some advantage in the negotiations, and of course, if this thing is going to work, the key person is GE CEO Jeff Immelt. ”

Hearing Al's analysis, Andy couldn't help but nod slightly, and then chuckled confidently: "Don't worry, even if the acquisition is not successful, I will make a fortune on General Electric this time!"

"Boss, do you want to invest in GE preferred stock?" asked Al with a slight frown of uncertainties, this was not like his own boss's thinking.

"Hehe, how is it possible, I don't have so much patience and time to wait for their performance to slowly improve, won't they still cash out $12 billion of common stock? Hehe, you say, if Warren Buffett, the stock god, and I, a genius touted as the God of Wealth, invest in General Electric at the same time, do you think their stock price will skyrocket?"

Hearing the big boss's plan, Al nodded with a smile on his face, and complained in his heart, this is his own boss!