As soon as the loan arrives, Liberty City Investment Company will share 2 billion of it, and the rest of the funds will naturally be used to prepare for the acquisition of Marvel Entertainment.

It's just that Andy will not spend Disney's original price of 40 billion to buy Marvel, and the value of each share has reached more than 50 US dollars, which is crazy.

Of course, I missed the price of cabbage when I went bankrupt in 1996, no matter what the price is, now these shareholders will make a lot of money, the most important thing is that the current economic environment and the current load rate of Marvel have a huge advantage over Andy's next acquisition, and at the same time, because Marvel has not yet broken the pot and sold iron to shoot "Iron Man" turned over, in its current form, Marvel still belongs to the kind of situation that has just ended, holding resources in hand, but no one cares.

After the loan was completed, the people under each side of the bank were busy with various follow-up fund handovers, and Andy and Lewis came to the office.

Lewis took the Havana cigar that Andy handed him, lit it, and waited patiently for the young man in front of him, who had risen like a legend, to tell him something amazing.

"Lewis, remember what I told you before that your sincerity would bring you unexpected gains?"

Lewis's eyes couldn't help but light up, looking at Andy, who was smiling, holding a cigar between his fingers, holding a red wine bottle and looking at two goblets to pour red wine, and asked eagerly: "Of course! I have been looking forward to the big plan that you kept secret from me, is the time ripe? Yes, now your net worth has been... God, Mr. Smith, you're not going to have so much money for that big plan, are you?"

Andy smiled and handed the red wine to Lewis, who was already in a state of complete shock, shook his head and said: "Not all, but there are not a few funds needed, most of my funds have other places, this big plan, I hope that your Bank of America can complete it with me as my ally." ”

Lewis heard some hints in Andy's words, and knew that this cooperation might be risky, but thinking of the legendary attributes of the young man in front of him, he almost watched him amass wealth at an almost insane speed in more than a year.

To say that people like Andy Smith need to plan things for so long, there are no huge benefits in it, and fools don't believe it, since they have tasted the sweetness behind Andy, they naturally won't let go of any opportunity easily.

"Your goal is ... ？”

"Marvel Comics - Marvel Entertainment Group!" (Although the name will not be officially changed until 2010, after all, everyone is still used to the Marvel name.) ）

Lewis didn't have a surprised expression this time, he had already been mentally prepared before, but he felt that this was a matter of course, if it wasn't for this kind of company, Andy Smith would not be so cautious.

"Marvel... Some time ago, they contacted our bank, hoping to use the mortgage of their 10 famous comic book characters to finance us, in order to recover the copyrights of some of the core characters sold before, but because the amount of funds was not negotiated, they finally chose Merrill Lynch and borrowed a total of $525 million from Merrill Lynch. Lewis frowned slightly and told Andy what he knew.

In this way, Marvel's debt ratio is not low, and it has a strong thirst for funds. Andy's knowledge of Marvel is also limited to superhero comics and movies, and the company's specific situation is being collected by his own think tank.

"I wonder how we can work together?" Lewis is more concerned about how much benefit they can get from this plan, which is directly related to whether they will participate in the decision-making of this plan, after all, he is just an executive, not a big man on the board.

"I hope that your bank can be my partner and let me use a leveraged buyout to buy Marvel Entertainment Group!" Andy smiled confidently and calmly, leaning back on the sofa and adjusting to a comfortable sitting position, exhaling a cigar with smoke, but a pair of eyes became incomparably brighter.

Lewis's pupils shrank slightly, his brows furrowed, weighing the pros and cons, to be honest, he didn't know the true value of Marvel, but he knew that the minimum amount of money to acquire Marvel was about 20-3 billion US dollars, Andy Smith was fully capable of completing the acquisition alone, but now he had to pull in Bank of America, that is, he didn't want to waste money on this acquisition, and he was sure enough to let Marvel maximize its interests in his hands.

He wouldn't doubt Andy Smith's ability, and now how many people dare to doubt Andy's ability to make money? Nima is about to turn a stone into gold.

Leveraged buyouts are also known as highly debted buyouts. It is an M&A activity that uses a small amount of its own funds as collateral to raise part of the funds for the acquisition with the assets and future profitability of the acquired enterprise as collateral.

"Mr. Smith, how much of your own capital are you going to use as a base, and how much are you going to raise from our bank for the acquisition?, and how do you ensure that the company's income after the acquisition is sufficient to cover the high percentage of liabilities arising from the acquisition?" Lewis said with a serious expression, and the question he asked was the answer he wanted to go back to convince the board.

"I will use 500 million US dollars as the basic capital, and the rest of the follow-up acquisition funds will be raised by your bank, I have a systematic long-term plan for Marvel, and have specific profit projects, but this involves a strategic level business plan, before your bank does not agree to cooperate, it needs to be kept secret, I can't say too much, but everyone knows what Marvel is the most valuable, close to 5,000 superhero characters, and I have a film company, a game company, I think these unrealizable IPs, in my hands will continue to become dollars！”

Andy was not embarrassed by Lewis's questioning, which involved a billion-dollar or even billion-dollar business, and without a reason to convince the Board of Directors of Bank of America, it would be difficult for him to use Bank of America money to buy his own property.

After all, the acquirer who can achieve the goal of making high profits with very little money is the best at using other people's money, which is also called "acquiring artists".

Of course, if you look away and the real assets of the target company are too cheap, this kind of highly leveraged M&A behavior is also called "dancer on the grave".

Lewis left with Andy's not very convincing answer, although Lewis's expression has been very solemn, but Andy is not worried that Bank of America will reject his plan, because the next thing Bank of America has to do is to quickly organize people to evaluate the assets of Marvel Entertainment Group, so as to weigh the pros and cons, which also saves Andy's team a lot of work, after all, no one is more professional than the bank in evaluating assets.