Chapter 145: Snatching the "Lion" MGM

The Bulls' change of owners has become the focus of attention throughout Chicago and even across the United States, with countless media reporters surrounding the team in the hope of getting first-hand news.

Before the official press conference, these reporters surrounded the team's management, coaches, and players every day, asking about the team's feelings about the change of owner. Faced with this situation, Klaus issued a gag order, strictly prohibiting anyone from divulging relevant information.

Since there is no news from the mouths of these people on the team, the media pointed the finger at the former owner Jerry?? Rainsdorf, hoping to get some big news out of his mouth. But, Jerry?? Reinsdorf's tone is still very good, refusing to respond to reporters' interviews with the phrase "I am no longer the owner of the team".

I have to say that reporters are really omnipotent, and they can always dig up some unexpected news.

As a result, the Wall Street Journal was the first to break a piece of exciting news - "The new owner of the Bulls, super banker Jamie?? Dimon".

In the news, the Wall Street Journal detailed SS Financial's relationship with the newly formed Standard Chartered-Sumitomo Mitsui Banking Group, and mentioned that the banking giant is likely to move its headquarters to Chicago.

As soon as the Wall Street Journal report came out, even the city of Chicago was alarmed, and it was clear that they were very interested in the Standard Chartered-Sumitomo Mitsui Banking Group moving into Windy City. In the end, Chicago Mayor Daley Jr. shouted in the "Chicago Tribune" in the air, "flattering" the Standard Chartered Bank Group.

In the face of increasing media opinion, the Bulls' press conference began in the eyes of the public, and the entire conference gathered almost all the large and small newspapers, magazines and television media in the United States.

When Andy?? Brent, Jerry?? When Klaus, Zen Master, and Jordan walked on stage together, the flashing lights under the stage did not stop, and the entire venue was instantly detonated. These reporters threw questions at the four people on the stage as if they were in heat, and the scene almost got out of control for a while.

Andy?? Brent, Su Chenyu's plenipotentiary agent, explained in detail the entire process of SS Financial Holdings' acquisition of the team. And, he also shows Jamie?? Dimon's instructions to the team can be regarded as a side confirmation of the Wall Street Journal report.

As a result, the media in the audience is even more crazy, you must know that the newly established Standard Chartered Bank Group is definitely the biggest name in the entire financial industry at present.

As a result, many media outlets have shifted their questions from team acquisitions to the restructuring of Standard Chartered. But these reporters are doomed to disappointment, Andy?? Brent, the plenipotentiary, had no idea what was going on at the top, so he couldn't give any decent answers.

However, a few of his casual perfunctory words were also taken back by these reporters to be carefully interpreted, hoping to find out the explosive information with selling points.

Fortunately, under the guidance of the host of the press conference, the theme of the entire press conference turned back to the team. Subsequently, Klaus, Zen Master and Jordan all expressed their welcome to the new owner, as well as a series of prospects for the development of the team.

In the end, the four representatives of the team directly said that the goal of the Bulls this season is to win the championship.

After the press conference, newspapers and television stations all over the United States carried detailed reports, and the focus of the natural reports varied.

The popularity and attention of the Bulls has skyrocketed, and newspapers can sell out of any story about it. Therefore, during this time, reporters regarded the Bulls as a "stepping stone" for their promotion and salary increase, and they rushed to get a piece of the pie.

Regarding the sensational effect caused by a "big toy" that he bought casually, Su Chenyu has no time to ask about it now.

Because, Su Chenyu has discovered a new target - "Lion" MGM.

When it comes to MGM Films, many people may not have heard of this film company at all, let alone know its history and glory.

But just mention classic movies like the 007 series, Cat and Mouse, Gone with the Wind, and so on, and you'll know what a great movie company MGM is. Even the birth of the Oscars is closely related to MGM, when the famous "King of Hollywood" - MGM general manager Meyer mentioned yƬ at a dinner party in the same industry.

As one of Hollywood's film giants, MGM's recent situation is not as glamorous as it seems on the surface.

Even, since Meyer left MGM, this "lion" has become a "sick cat", although there has been an incalculable ZTE in the middle, but it still can't change the bad luck of losing money year after year.

Later, casino tycoon Kirk?? Corklian bought the debt-ridden MGM, but that didn't start MGM's rise.

On the contrary, because the casino tycoon is more fond of casinos, hotels and other industries, he changed hands to MGM several times in the middle. Just tossed and turned, the later "lion" MGM was really unable to continue, and finally filed for bankruptcy protection in 2010.

Now at this time, casino tycoon Kirk?? Corklian is in talks with an Italian consortium led by Giancardo Paretti to make MGM another shot.

Without Su Chenyu's appearance, the Italian consortium would have spent $1.3 billion to take over MGM from Corkrian. Just two years later, Paretti was accused of fraudulently acquiring MGM's rights, which were subsequently auctioned off by the Bank of France.

As an aspiring young man who wants to show his strength in the entertainment industry, how can Su Chenyu watch this "lion" be tossed into a "sick cat" like in his previous life.

As a result, Su Chenyu's team quickly intervened in the acquisition negotiations, and the mercenary Corkrian was naturally very willing to sit on the ground and raise the price.

Seeing that the fat is about to reach its mouth, the Italian consortium naturally quit, but there is no way, this is the United States, not Sicily - the mafia will also lie down here.

Su Chenyu soon met Corkrian, a casino tycoon who was still in good spirits despite his old age, and looked like a coquettish super-hipster in a white casual suit. However, Su Chenyu caught a kind of fierceness and majesty from the eyes of the casino tycoon that flashed from time to time, and he was really a ruthless character.

With a wave of his hand, Xie Hao and Victor took the bodyguards out of the room, and Corklian also let his bodyguards go out.

Without the slightest greeting, for a businessman like Corkrian, Su Chenyu prefers to talk about the conditions directly and straight to the point.

"Mr. Corkerian, you know what I'm here for, I just want MGM Pictures. Su Chenyu fiddled with the watch in his hand casually, but his tone was unusually firm.

Corklian took a puff on his cigar, thought for a moment and said, "Mr. Su is really young and promising, but my negotiations with the Italian consortium are almost underway. ā€

As soon as he heard the words of the casino tycoon, Su Chenyu knew what this guy meant, so he said with a smile: "Make a price." ā€

Corklian was shocked by Su Chenyu's tone, he didn't expect Su Chenyu to be so stunned and say so casually. Obviously, the casino tycoon didn't understand the nature of the young man opposite, so he secretly said in his heart, funny, do you think you can buy a burger at any price.

"2 billion. Corklian was not polite, and directly quoted the price of an absolute bunker.

Su Chenyu couldn't help but smile secretly, knowing that the table just now made the other party regard him as a Kaizi, so he said with a smile: "Mr. Corkrian, you really dare to make an offer, do you think the shares in your hand are worth this price?"

"A few years ago, Sony's acquisition of Columbia Pictures cost about $5 billion. And if calculated based on the current stock price, how can MGM be worth about 4 billion, then the shares in my hands are definitely worth this price. Corklian said shamelessly.

Su Chenyu really admired the shamelessness and cheekiness of this casino tycoon, and said with a wry smile: "Mr. Corkrian, everyone knows that Sony acquired Columbia Pictures back then. And among the targets of Sony's acquisition, it is not only Columbia Pictures. Even so, Sony suffered a big loss, you must know that the stock price of Columbia was only $12 at the beginning of the year, but it skyrocketed to $21 after the Sony acquisition began, and Sony's final purchase price was actually $27. In the end, Sony spent more than twice the price to take over for Coca-Cola, and became a big wrongdoer. ā€

"Do you think I'm a fool like Sony? Judging from MGM's current stock price, the total market value is around 2.5 billion at most, and now some of MGM's assets are still in the hands of N, and it will cost hundreds of millions of dollars to recover this part of the assets. ā€

Corklian knew that what Su Chenyu said was also the truth, but he still said with an unchanged face: "Mr. Su is not willing to pay this price, but the Italian is very willing to pay." ā€

"Huh. Su Chenyu can be regarded as having seen the highest level of what it means to open his eyes and tell nonsense, so he said: "Mr. Corkerian, the Italians will pay up to $1.3 billion, you should know this better than me." ā€

Corklian raised his head and glanced at Su Chenyu suddenly, knowing that this price was a preliminary agreement with the Italian consortium that had just been reached not long ago, he was wondering how Su Chenyu knew.

Su Chenyu knew that his "Past Life Encyclopedia" had worked, so he said: "In this way, 1.5 billion US dollars to buy MGM Pictures is definitely a high price." ā€

Corklian thought for a moment, then said, "Well, in principle, I'm pretty happy with the price. However, my team will discuss the specific details with you slowly. ā€

"No problem. Su Chenyu breathed a sigh of relief in his heart, and then said calmly.

Both bosses had already reached a rough agreement, and the next negotiations were much easier, and the two sides quickly reached a formal acquisition contract around the big picture.

Just when Su Chenyu's people were negotiating the acquisition agreement with Corkrian's team, Su Chenyu's traders had almost cleared the MGM stock in the market.

At the same time, Su Chenyu's other team is also busy contacting other shareholders, including MGM executives, and the entire acquisition is proceeding in an orderly manner.

ps: The first chapter of the new book is on the shelves, please order it for the first time! Kneel and beg! Thank you!