Chapter 656 Mergers and Acquisitions
"Master, I don't know if you've heard that Comcast is interested in buying Time Warner?" Chris. Wade asked mysteriously. Pen ~ fun ~ pavilion www.biquge.info
The Grandmaster was stunned for a moment.
When the Grandmaster was preparing to work with Warner Bros., he had made a point to learn about the company. So he was well aware that Warner Bros. was a subsidiary of Time Warner and a very important content provider to Time Warner.
It's just that this life is slightly different from the previous life.
Although Time Warner also merged with AOL to form AOL Time Warner, in 2009, AOL was spun off to form a separate subsidiary.
It's just that in the previous life, Comcast acquired Time Warner Cable for 45 billion in 2014, and in the same year, News Corp. was ready to invest $80 billion to acquire Time Warner, but was rejected by Time Warner.
In the previous life, these major events all happened in 2014.
But now, it's 2018, why is Comcast ready to acquire Time Warner? And it's not the merger and acquisition of Time Warner Cable, but the entire Time Warner, which is very different from the previous life.
Seeing that the Grandmaster obviously didn't know about the situation, Chris. Wade then said: "Comcast wants to acquire Time Warner, and this is also the news that has just come out, but it is obvious that not only Comcast has taken a fancy to Time Warner, but there is another giant who has also taken a fancy to Time Warner, that is, the Yan Group from Dahua." ”
"The Yan Group? You mean Dahua's Yan Group? Yanshi Group, which owns Yanhuang Communication and Yanshi Electronics? "The Grandmaster was really surprised at this moment.
Yan's Group is the giant group controlled by Yan Tianjiao's family, and it is an absolute giant enterprise in the communication and information industry.
Chris. Wade nodded and said, "It's the Yan Group from your Dahua." ”
Now the Grandmaster was even more confused, he couldn't figure out Chris. Why is Wade saying this? Time Warner is going to be acquired, what does this have to do with him as a young director? The Grandmaster doesn't think that his net worth of more than one billion Chinese dollars can influence a merger and acquisition case of hundreds of billions of dollars.
But Chris. Wade said this, it is obvious that this matter seems to have something to do with him, otherwise he would not have offered such favorable terms.
Sure enough, Chris. Wade immediately explained.
"Master, Comcast wanted to acquire Time Warner a few years ago, and at that time, Comcast also competed with News Corporation, but Time Warner's major shareholders, Itochu and Toshiba from Toei, jointly rejected Comcast and News Corp."
Chris. Wade's words made the grandmaster understand why Time Warner was not acquired in 2014 in this life, and it turned out that the major shareholder of Time Warner did not agree.
Time Warner was established in 1990 by the merger of Time Inc. and Warner Media Inc., and was the world's largest entertainment media group at that time.
However, in 1992, Time Warner reorganized its entertainment industry and sold 56 percent of its shares to two major companies, Itochu and Toshiba. And ITOCHU and Toshiba also relied on these shares to become the heavyweight majority shareholders of Time Warner.
In the matter of the acquisition of Time Warner, compared with the previous life, Comcast in this life has a greater taste, and it is ready to swallow the entire Time Warner in one go.
It's just that Itochu and Toshiba from Toei are the majority shareholders of Time Warner, so their refusal made Comcast's first merger and acquisition plan aborted.
It's just that Comcast must be really interested in Time Warner, and after a lapse of four years, Comcast has restarted the plan to acquire Time Warner, but compared to the last time News Corp. was competing, this time Comcast's opponent is stronger.
Although News Corp. is not small, it is really small compared to Dahua's Yan Group. Not to mention, just one Yanhuang Communication, a subsidiary of the Yan Group, has a market value that is three times that of News Corporation!
But this matter has nothing to do with me, right?
The Grandmaster really couldn't understand the intricate relationship in this.
Chris. Wade went on to explain.
"Master, in fact, this time the Yan Group wants to acquire Time Warner, and it is not the Yan Group that directly makes a move. If the Yan Group makes a direct move, Comcast will not have a chance at all, and our Time Warner shareholders are very happy to be a part of the Yan Group. To use a common saying of your Dahua, it is good to enjoy the shade under the big tree. We at Time Warner also need a big tree like the Yan Group to shelter from the wind and rain. ”
After a pause, Chris. Wade took a sip of red wine and continued: "This time the Yan Group is working with Dahua's Weld Group, as far as I know, the Yan Group is ready to cooperate with the Weld Group to jointly establish an entertainment media company, I don't know the specific situation, but the person in charge of this company, I know very well, that is the second son of the Weld Group, Mr. Han Fei." At the same time, the chairman of this newly established entertainment media company is the second son of Mr. Yan Lisheng, the head of the Yan Group, Mr. Yan Tianjiao. ”
"Ah weld? Yan Lao Liu? How did these two guys get together? Hearing this news, the Grandmaster couldn't help but exclaim.
To say that Ah Weld wants to enter the entertainment media industry, the grandmaster has no doubt, after all, in the past two years, Ah Weld's name of Tian Lai Audio and Video has developed extremely rapidly, and has become one of the world's leading entertainment product sales chain groups, with extremely strong sales channels, and now Ah Weld wants to enter the content production aspect, it is naturally not surprising.
It's just that how could Yan Lao Liu, this guy, be involved in such a business thing? This guy has always been obsessed with his violin world, and he doesn't even bother to take care of family affairs, how can he hold the most important position of chairman in this newly established entertainment and media company?
Chris. Wade said with a smile: "The name of this company has been decided, the name is Yanhuang Tianlai Media Co., Ltd., Mr. Yan Tianjiao is the chairman of the company, and Mr. Zhu Fei is the CEO of the company...... Master, when I say this, you can see why I am giving you this gift, right? ”
Although the grandmaster is still a little unclear, but looking at Chris. Wade seems to be very sure of what he said, it seems that this guy already knows his relationship with Ah Jian and Yan Tianjiao, so he will offer such a preferential condition today.
No, I have to ask Ah Zhu and Yan Lao Liu when I go back, and they have done such a big thing quietly.
Just thinking about it, the mobile phone in his trouser pocket vibrate, and the grandmaster took it out and saw that it was the phone number of Yan Lao Liu......