Chapter 390: Get the AMC management
This party for Meghan was held in the Ellison family's villa in Beverly Hills.
It was originally just a small party, mainly to celebrate the completion of the filming of "Earth Thunder", which David and Meghan jointly invested.
"Earth Thunder" is a western adventure film produced by Paramount Pictures, co-directed by Ethan Cohen and Joel Cohen, and starring Jeff Bridges, Hailee Steinfeld, Matt Damon and Josh Brolin.
But because of David and Meghan, two rich second-generation investors, after they burned a lot of money and invested in so many films, they all had high hopes for this film directed by the Coen brothers, so they specially held this party before the release.
On the one hand, it is to celebrate the crew, and on the other hand, it is also hoped to communicate with the distribution company and get more screens.
However, as soon as night fell, more and more luxury cars appeared in front of the villa, and countless Hollywood bigwigs and famous movie stars appeared at the party. Among them are independent film executives such as Lionsgate president Mark Rachesky and DreamWorks Animation CEO Jeffrey Katzenberg, as well as famous actresses such as Kelly Brook, Penélope Cruz and Megan Denise Fox.
Hollywood is arguably the most well-informed group of people in the United States outside of Wall Street.
Larry Ellison had just invited Lin Feng to Meghan's party tonight in Silicon Valley, and it didn't take long for the news to spread all over Hollywood......
Who is Lin Feng?
The second richest person in the world with a net worth of more than $50 billion!
Just look at David Ellison and Meghan Ellison, the sons and daughters of the world's fifth-richest people have already begun to dominate in Hollywood.
Who can compare with Lin Feng?
Bill Gates, Warren Buffett, Steve Jobs, Larry Page......
These super-rich people don't come to Hollywood to party!
In case it is better to have a chat with Lin Feng at the party, the investment of hundreds of millions of dollars is just a drop in the bucket for Lin Feng.
The most exciting thing is that Lin Feng is only 31 years old now, young, handsome and golden.
Moreover, his beautiful lady, known as the "Angel of the East", is not here tonight!
If you can seduce Lin Feng to spend the Spring Festival together, it will be a very wonderful thing...... Don't overestimate the discipline of these Hollywood stars.
…………
However, when Lin Feng came, many people were amazed!
Accompanied by Larry Ellison personally, Lin Feng, who walked into the party hall, was still standing beside a beautiful and stunning oriental woman......
Xie Jiaren wore a Dior dark blue evening gown, with countless diamonds on the shoulders and side waist, which sparkled in the night lights.
She gracefully held Lin Feng's arm, without the slightest feeling of stage fright.
Xie Jiaren was originally stunning, and as Lin Feng's personal assistant over the years, she has been in contact with a group of people at the top of the world, and her vision and insight have long been different.
Although it can't be compared with the boss lady, as Lin Feng's side, how could she let those wild flowers of "wild bees and butterflies" outside harass the boss when the boss lady is not there?
To be honest, Lin Feng was also a little surprised when he first saw her.
Usually Xie Jiaren's clothes are slightly conservative professional suits (no way, you have to reassure the boss), although they are all high-end brands, but after all, they are still relatively low-key.
Now she has changed into an evening dress and a long skirt, her long hair is coiled up, and the diamond necklace is indeed beautiful.
Even the legendary film boss Thomas Tool, who is usually considered a Hollywood power figure behind them, was ignored by everyone......
The party hosts, David Ellison and Megan Ellison, came up together.
David shook hands with Lin Feng warmly: "Richard, welcome to you, let this place shine!"
Megan stepped forward to hug Lin Feng even more enthusiastically: "Richard, it's a pleasure to see you, it's great for you to come!"
Then he and Xie Jiaren next to Lin Feng also hugged the veneer.
They are accustomed to a rich man like Lin Feng, and the female companion around him is not a wife......
By this time, Thomas Toole had already seen AMC's CEO, Gary Lopez, in the crowd.
He walked up to Lin Feng and whispered in his ear.
Lin Feng nodded and smiled at Xie Jiaren: "Beauty, you go play with them, have fun." ”
For him, even if he participates in this kind of party, it is not for entertainment, but to use this occasion to talk about business.
While in the car, Tours had already called and asked Lopez to meet here in the evening.
Accompanied by Tours, Lin Feng greeted some famous Hollywood producers along the way, shook hands, and walked towards Gary Lopez.
Walking up, under the introduction of Tur, Lin Feng and Gary Lopez shook hands and clinked glasses, and after a few words of greeting, the three of them walked to a corner sofa and sat down.
These three people, one is the second richest man in the world, one is the president of the famous film company Legendary Pictures, and the other is the CEO of the second largest cinema chain in the United States.
Even if it is such a party, there is a clear class division.
And these three people are undoubtedly the topmost existence.
"Mr. Lin, listen to Tours, would you like to talk to me about AMC?" Gary Lopez said first.
He is 50 years old, burly, with a pair of silver-rimmed glasses, and a formal suit, a typical image of an American company executive.
"Gerry, you can call me Richard,...... Yes, I want to talk to you about AMC, I want to get it, what do you think?" Lin Feng smiled.
Although the tone is relaxed, the meaning is very direct and sharp.
Lin Feng knew that no one except the management knew the whole picture of AMC's operations. If you want to take the initiative after acquiring AMC, you need to convince the management.
After all, AMC's controlling shareholders are five private equity funds, and they are not directly in charge of the company.
Only with the support of the management can he see all kinds of confidential information of AMC, and only with the help of the management can Lin Feng know where to cut out the money, where to cut the budget without affecting the operation of AMC, and what assets can be sold without affecting the performance.
Therefore, the starting point of Linfeng's acquisition of AMC is to first find the management, show the hole cards, and cooperate frankly with the management, but will never give up control of the company.
Obviously, Lin Feng was direct, and he also startled Gehry.
"With all due respect, Richard, AMC is preparing for an IPO and we don't plan to sell it right now. Gehry paused before speaking.
Lin Feng smiled: "Yes, I know that AMC is preparing for an IPO and has submitted a prospectus, but believe me, whether it is an IPO or an acquisition, it is only a matter of money." As long as the price is right, I'm sure AMC's shareholders will be interested as well. ”
"Gerry, I know that AMC has actually been running with you as the head of management, so I wanted to talk to you about it in advance...... I mean, if I buy AMC, hopefully you and the management team will stay!"
The remark clearly piqued Gehry's interest.
He looked at Lin Feng and began to think seriously about the possibility of this matter, and then asked suspiciously: "As far as I know, your industry is mainly the Internet and mobile phones, and it seems that there is not much intersection with the cinema chain in business?"
Turning his head to look at Thomas Toul, he shook his head and said, "Just Legendary Pictures, it doesn't seem that you need to buy a big theater chain like AMC." ”
Lin Feng nodded and said, "Yes, of course it's not for Legendary Pictures...... Gerry, you may not know that Fengxing Group not only owns Internet assets, but also has cultural and entertainment industries including music, film and television, and literature. In fact, I also have three cinema chains in China, including 260 cinemas in Dadi Cinemas, 360 cinemas in Xingmei Cinemas and 45 cinemas in Dongheng Cinemas, with more than 3,000 screens. ”
"I hope to have the world's No. 1 cinema brand in the future!"
"Therefore, if I can acquire AMC Cinemas, I will continue to increase my M&A efforts and acquire cinemas in Europe and the United States. And this, I think, should be your dream too!"
The world's largest cinema chain, this title really makes Gary a little excited.
It's not impossible!
You must know that there are not many people on this earth who want to find more money than Lin Feng...... (If you don't count the hidden rich of those family conglomerates)
Gehry was a little excited.
He changed the topic and began to introduce the situation of AMC to Lin Feng.
Only then did Lin Feng know that what Gary was most worried about was actually the vital interests of him and the management.
For example, AMC's predecessor private equity fund company had two equity incentive plans, the 2004 stock option plan and the 2010 equity incentive plan. If there is a transfer of control of AMC, the equity incentive implemented by the previous shareholder will automatically become invalid, how will the loss of the management be calculated?
For Lin Feng, is this a problem?
A lot of money was spent on the acquisition of AMC, what are these equity incentives?
Lin Feng's answer was very simple: accept it in full and give cash compensation.
At the same time, if Gehry's management is willing to help with Lin Feng's acquisition plan, AMC executives will be allowed to buy equity with their own funds in return.
This apparently also overjoyed Gehry.
All along, he has only been a professional manager and enjoys remuneration, but if he can buy equity, he will become a shareholder of the company!
As the conversation deepened, Gary realized that Lin Feng really wanted to buy AMC.
His attitude has become more serious.
After all, compared with institutions like five fund companies, which are ready to cash out and exit at any time, as major shareholders, a world-class super-rich person like Lin Feng as a major shareholder is obviously more in line with the future of AMC cinema development.
Next, Lin Feng and he talked in detail about the content of the management agreement, which mainly includes four parts: how the acquired company is managed, who has control, the final veto and how to distribute the profits.
If we can reach an agreement with the management and join forces, Lin Feng's plan to acquire AMC will undoubtedly be much more convenient.
That night, Lin Feng and Gehry had a good conversation.
Although the acquisition of AMC was Lin Feng's temporary idea, when you think about it, it is also a proper meaning.
The entertainment sector of Fengxing Group must also have the layout of overseas cinemas to be perfect.
Next, he will ask Zhao Yihua, who is in charge of mergers and acquisitions on the Fengxing side, to come to the United States to follow up on this matter and negotiate with the five private equity companies.
Compared with the acquisition of Wanda in the previous life, Fengxing Group also has an advantage, that is, it can be acquired by stock + cash.
This is undoubtedly more popular with fund companies.
…………
At this night's party, although everyone in Hollywood did not get a chance to get close to Lin Feng, they saw Lin Feng negotiating with the boss of AMC, and this kind of high-level gossip was enough for them to talk about it for a while.
And Lin Feng's personal assistant, Xie Jiaren, also appeared for the first time in a social occasion such as a Hollywood party, and he was shocked.
After poor Lin Feng returned to the villa on Monica Beach, he had to call Ye Weiyu and explain......