Chapter 460 is thriving
Now Mark is finally living a life of mansions, yachts, and private jets, with supermodels as wives and N lovers, his life is very happy, and their current asset structure is very high-quality, without any debts, and a large company has no debts, which is really enviable.
The Ellison family and Iger still owe Citibank debts, which is a relatively low interest rate, and others can't find such a good thing, so they are not in a hurry to repay, they are all people with financial owners, and they can take out a sum of money to pay off the debts on the last repayment date, and they are not afraid of the bank's ghosts.
The more the economic environment deteriorates, the more valuable the futures index is, and one day they will have to take ten times the money to complete the transaction, so now they take the opportunity of Mark and their debts to force them to repay the debt in advance, in the hope that the contracts will cancel each other and pay off the debt.
For Mark, he just bought a futures contract for $1.2 billion, and now he has paid off a huge debt of more than $6 billion, while for the bank, they don't have to pay a huge compensation of $12 billion, and everyone is happy, which is a win-win result for everyone.
Paid off all the debts at once, and only spent part of it, it is estimated that throwing out the futures contract in their hands will give them billions of liquidity, which gives Mark and them a very strong purchasing power, the purchase and sale of private jets is just one of them, and Williams Construction Group very much hopes to sell the Williams Center in their hands to them, but Mark They are not very satisfied with the price.
Now that house prices have plummeted, and no one knows where the bottom line is, in light of this, it is really not a good idea to buy real estate now, and no financial expert would recommend buying property at this time, it is best to hold cash and wait for the market to stabilize before starting.
In fact, Mark and they thought the same way, but the Williams Group was eager to sell the property to avoid bankruptcy, and they were looking for buyers everywhere, and they really found a lot of buyers, and it is said that they all made bids, especially the Japanese and Indians who bid the most.
In fact, many people think that MM is the most suitable buyer, this large consortium with a market value of 30 billion, should have its own headquarters, not live by renting, this Williams Center, with a 47-storey skyscraper, is a nearby landmark, and the ground is a huge commercial center, consisting of shops and supermarkets, MM is the largest customer here.
It would be a shame if the commercial center fell into the hands of someone else, and they decided not to renew the contract with MM and let MM move out, but of course, these are the words of the lobbyists of Williams Construction Group, who say that MM is the most suitable buyer for this center, and this is a marriage in heaven.
However, for their lobbyists, Mark does not nod, and Iger will not take the initiative to be the wrongdoer, the best way now is to wait and see, the house price has not fallen to their ideal price, and the stupid will be in a hurry to buy, no matter who buys this center, it is impossible for Gen to drive away MM.
MM is the business card of this center, and it is also the first major customer, it is thriving because of MM's entry, leaving MM, it will fall even worse, MM Group nearly 3,000 employees moved away (headquarters), which will make this place a dead city, there is not one more ghost, drive them away, what a joke.
They signed a ten-year contract, and unilaterally suspending it on either side would cost money, and Iger was sure that the first thing any company would do to take over the center would be to reassure MM and make sure they would continue to rent.
Iger was even sure that as long as MM quit the lease, the house prices here would immediately plummet, so Williams Construction Group's little tricks, Iger saw through at a glance, and turned a blind eye to the several auctions organized by Williams Construction Group, and didn't even look at it.
Mark is saying that now that the real estate market is in a big recession, anyone's decision to buy a business center for a billion dollars is hopelessly stupid.
As a result, several auctions by Williams Construction Group were missed.
There was once a buyer who successfully auctioned for 1.5 billion, but finally abstained, in the miserable environment of the housing market, any means are useless, people just want to take advantage of the fall to the street, sell the property in their hands as soon as possible.
Williams Construction Group can sell the center to MM, but the price must be reasonable, and MM can't be slaughtered as a fool.
Mark's price for the Williams Center is one billion, and if he agrees, he will start, and as for the other party's psychological price of 1.5 billion, the two sides cannot agree on it.
The world is not good, Viacom is interested in selling UPN, and MM is what they consider to be the main potential buyer, as MM is the only one of the Big Six who can afford to get that much cash and is interested in UPN.
Warner can sell Chicken Rib B TV, why can't Paramount sell UPN?
This time is different from last time, this time Paramount took the initiative and proposed to the parent company to sell UPN TV network, so the CEO who understands the righteousness of the general government, won the favor of Lei Shidong, last time he sold PUN, the president of Paramount was like selling his JJ balls, crying, making trouble and hanging himself, which made Lei Shidong very annoying, and now the fund grid caters to the wishes, and the main proposal makes Lei Shidong feel very happy.
Paramount Television was founded as early as a film company, a former radio station, and it started late and has not been able to compare with the major television stations, and in 1976, a new radio-trained team took over the position of president of Paramount. This team united Barry Diller, who was dubbed the "killer Diller" by the media, as well as Michael Eisner, Jeffrey Katzenberg, Dorne Stigh and Don Simpson, all of whom would become Hollywood's top tycoons.
Paramount's work is more concise at this time, such as the "high-sensual imagery" used in "Weekend Night Mania" and "Grease," and Barry Diller proposed his business strategy to the board of directors of the parent company, Western Gulf Oil, to create a fourth business network, but the board and Bludon did not adopt it, and Bludone's successor, Martin Davis (not Mark's "friend") After Brudon's sudden death, Davis shut down the rest of Paramount's business, focusing on mining, sugar farming, and concentrating on running the company, and in 1984, Diller moved to 21st Century Fox because his boss, Meadow, was more interested in the idea of Diller's Fourth Business Network.
Diller was followed by the coalition of Stanley Jaffe and Shirley Lansing, and it was also one of the glorious eras of Paramount, with six of Paramount's ten highest-grossing films coming out at this time.
After the acquisition of Paramount by Thunderstone, he integrated Viacom's television stations to form a new national television network, Paramount Union, which was considered to have reached Barry Diller's vision in the seventies, and Paramount's glorious decade also had the credit of PU, but with the acquisition of CBS, the super television network, PEN's status became weak, and its performance began to plummet.
What is the problem with PU, which has been an old rival for decades, B TV Network can sell to MM? It can be said that B TV Network has set an example for PU.
As a super large enterprise, there are many companies under it, and the divestment of assets can not only reduce expenses, but also cash out profits, many companies are doing this, the key is to pay the right price.
This time, it was Viacom Dawman who came out and took the initiative to hook up with Egger, although their BesTV and Neffy fought happily and lost a lot, but business is business, one is one and the other, and BesTV and Nefei are gentlemen's disputes, everyone is legal and fair competition, there is no black hand, no conspiracy, and no greeting each other's mother, so there is still a superficial harmony.
For Viacom's vice president Dawman's temptation, MM gave a warm response, they did not hide the desire to have a really powerful TV network, MM is through a series of mergers and acquisitions, to have today's momentum and scale, they did not because of Viacom's initiative to lower the price, their offer remains unchanged, but also increased by a few percentage points on the basis of last year, which is completely in line with Viacom's psychological expectations.
Daoman excitedly went back to report that this blind date was very successful, and there was a chance that this family affair would be successful.
Lei Shidong expressed his satisfaction with this, this is the material for doing big things, if you are like those hillbillies, you can't worry about two or three peanuts all day long, this is not a big thing, the hateful person is not good in the market now, there are no competitors, you can't sit on the ground, you can't slaughter MM.
Now it is not realistic to sit on the ground and start the price, MM already has its own TV network, for PUN, there is no sense of urgency earlier, they just hope to merge the resources of the PUN TV network into the MM TV network, expand their momentum and scale, and increase competitiveness.
After owning the MM TV network, they are still in the process of expansion, and have been lobbying and harassing local TV stations to join and merge and acquisition, as much as possible to shorten the distance between them and the four major TV networks, PEN is just speeding up this speed, MM is spending money to buy time, not wronged.
Their offer is higher than the market price, but it is not ridiculously expensive, for PUN, they can buy it or not, anyway, there are not many buyers who can afford PU now, there is no competition.
Of course, they won't be stupid enough to undercut the price, Viacom has no reason to sell, without a suitable offer, they can't impress the tycoon Lei Shidong, so they came up with a suitable offer from the beginning to show sincerity to this big share, hoping to facilitate the deal.
MM has grown rapidly through rapid mergers and acquisitions, and they will not change that way for a long time to come.