Chapter 384: DreamWorks Group (I)

Mark Ritchie, the most controversial international businessman of the twentieth century, is known as the "King of Oil" in the industry, and is one of the top 10 most wanted criminals wanted by the US and G Justice Department for 17 years. Pen @ fun @ pavilion wWw. biqUgE。 Info became famous for being pardoned by President Bill Clinton, and was once again in the media spotlight for a hearing presided over by Attorney General Eric Holder.

At this moment, Xu Cun is sitting face-to-face with this controversial international businessman.

There were four other people at the banquet - Marvin Davis, Jeffrey Katzenberg, Barry Diller, and Alain Ryder, Jr., an old friend of Xu Cun.

Since two hours ago, Xu Cun, Mark Rich, and Marvin Davis were talking about Xu Cun's acquisition of Twentieth Century Fox Film Company, while Jeffrey, Barry Diller, and Alan Ryder Jr. participated in the negotiations as negotiation assistants for both parties.

That's right, the two oil tycoons, Mark Ritchie and Marvin Davis, are the real bosses of Twentieth Century Fox.

Alain Ryder Jr. looked at Xu Cun, who had hardly changed from a few years ago except for his temperament, and was filled with emotion -- Alain Ryder Jr. really didn't expect that one day Xu Cun would become his little Alain Ryder's boss! Then, Alan Ryder Jr. looked at his original boss, Mark Richie, and said secretly: "If it weren't for those political hooligans from the Department of Justice, how could Mr. Mark sell Twentieth Century Fox Film Company?"

Last year, Mark Ritchie was charged with fraud, trade with enemies, tax evasion and other charges filed by the U.S. and G Justice Department, and Mark Ritchie's company pleaded guilty to some of the charges and paid $200 million in fines and tax arrears, but the U.S. and G Justice Department still held on to Mark Ritchie.

Otherwise, Mark Ritchie would not have had any intention of selling Twentieth Century Fox.

And Marvin Davis, the other owner of Twentieth Century Fox Film Company, is also in trouble now, so Marvin Davis also wants to sell Twentieth Century Fox Film Company.

Xu Cun wanted to buy, Mark Ritchie and Marvin Davis wanted to sell, and the deal was naturally moving fast.

At present, the only consensus that the two sides have not reached is how much is Twentieth Century Fox worth now?

Mark Ritchie and Marvin Davis offered $750 million to Twentieth Century Fox Films (Truth be told, Mark Ritchie and Marvin Davis didn't ask for a lot of money -- you know, Mark Ritchie and Marvin Davis spent $722 million when they bought Twentieth Century Fox in 1981, and now $750 million is definitely not a black Xu Cun.) Of course, this also shows that Mark Ritchie and Marvin Davis are in a difficult situation right now. )。

Xu Cun clearly remembered that Murdoch spent less than $600 million ($575 million—in early 1985, Murdoch first bought half of the shares of 20th Century Fox for $250 million, and then bought the rest of the shares of the 20th Century Fox Film Company for $320 million. bought Twentieth Century Fox Films, so Xu Cun couldn't accept Mark Ritchie and Marvin Davis' offer to Twentieth Century Fox Films.

Mark Ritchie and Marvin Davis bite the bullet when it comes to the price of Twentieth Century Fox - Mark Ritchie and Marvin Davis don't seem to have any intention of cutting prices.

Naturally, it is impossible to make a decision on such a big thing as buying Twentieth Century Fox Films.

So, in the case of price standstills, Xu Cun and Mark Ritchie and Marvin Davis gave each other some time to think.

Taking advantage of this moment, Xu Cun and Barry Diller began to negotiate with Metrocity Media, the fourth largest television group in the United States, to acquire six local television stations in New York, Los Angeles, Chicago, Houston, Dallas and Washington.

Metropolitan Media offered $1.8 billion to six local television stations in New York, Los Angeles, Chicago, Houston, Dallas and Washington, D.C., and Xu counter-offered $1.3 billion, and the two sides also locked on the price of six local television stations in New York, Los Angeles, Chicago, Houston, Dallas and Washington.

Xu Cun's acquisition of Twentieth Century Fox and six local television stations in New York, Los Angeles, Chicago, Houston, Dallas, and Washington ran into two troubles:

The first trouble is Murdoch stirring up the situation - Murdoch also began to contact Mark Ritchie and Marvin Davis and Metropolis Media, and showed a strong intention to buy. To this end, Murdoch even sold his "Village Voice" and "Sun Times".

But-

Murdoch now has far less cash than Xu Cun -- he simply can't afford to spend more than $20 million to buy Twentieth Century Fox and six local television stations in New York, Los Angeles, Chicago, Houston, Dallas and Washington.

But—

With Murdoch's competition, Mark Ritchie and Marvin Davis, as well as Metropolitan Media, have bitten even harder, making it difficult for Xu's negotiators to push down prices for Twentieth Century Fox and six local television stations in New York, Los Angeles, Chicago, Houston, Dallas and Washington.

The second trouble is that there are some doubts in the White House about Xu Cun's simultaneous acquisition of Twentieth Century Fox Film Company and six local television stations in New York, Los Angeles, Chicago, Houston, Dallas, and Washington.

It can be said that if Murdoch is allowed to stir up the situation or the White House doubts become louder, it will certainly cause great difficulties for Xu Cun to acquire Twentieth Century Fox Film Company and six local television stations in New York, Los Angeles, Chicago, Houston, Dallas, and Washington.

Therefore, while Xu Cun sought help from the Bush family through George W. Bush, he accelerated the acquisition of Twentieth Century Fox and six local television stations in New York, Los Angeles, Chicago, Houston, Dallas, and Washington.

The strength of the Bush family is not covered, and in just two days, the voice in the White House has changed -- the United States and the United States are free countries that encourage free trade.

Actually,

The main reason why the Bush family was able to easily change the direction of the wind in the White House was that Xu Cun did not violate the laws of the United States and G, and if Xu Cun also owned several influential newspapers like Murdoch, and violated the law of the United States and G. that non-American and G-G citizens are not allowed to own newspapers and television stations at the same time, then there is absolutely no other solution unless Xu Cun also changes to the United States and G nationality like Murdoch.

Fearing that Murdoch would use public pressure to force him out, Mark Ritchie and Marvin Davis cut the price of Twentieth Century Fox to $680 million, and when Metropolis Media reduced the price of six local television stations in New York, Los Angeles, Chicago, Houston, Dallas, and Washington to $167 million, they bought Twentieth Century Fox and six local television stations in New York, Los Angeles, Chicago, Houston, Dallas, and Washington.

In other words, Xu Cun spent $270 million more on buying Twentieth Century Fox and six local television stations in New York, Los Angeles, Chicago, Houston, Dallas, and Washington than Murdoch spent on buying Twentieth Century Fox and six local television stations in New York, Los Angeles, Chicago, Houston, Dallas, and Washington.

……

(To be continued.) )