Chapter 1450: Acquisition of the Cinema Chain (5/10)
Fengyu Holding Group announced that it would spend $5 billion to acquire 98.3 percent of MGM's shares, and the remaining 1.7 percent would be in the hands of Mayo and several other MGM executives, who would also continue to remain at MGM, and at the same time, Fengyu Holdings also had the power to forcibly acquire MGM shares in the hands of those shareholders. Pen | fun | pavilion www. biquge。 info
On the same day, Fengyu Holdings announced that it would restructure MGM's assets, of which MGM's coffee assets were sold to Starbucks, and MGM's hotels, resorts and other property assets were sold to Trump Holding Group, that is, Donald's company.
Several MGM film companies, cinema chains, and television companies were retained by Fengyu Holdings and operated by themselves.
At the same time, Fengyu Holdings announced that MGM will continue to shoot the 007 series this year, and the script has been written, ensuring that everyone will not be disappointed.
At the same time, the production of several films has been put on the agenda, among which the scripts have been certified by the film union in the United States, so that even if they are not filmed, others cannot imitate them.
These scripts are all dictated by Feng Yu, recorded and perfected by well-known screenwriters, and among these well-known screenwriters, there is also a big director, who is the director who filmed Batman, Feng Yu plans to hand over a movie to him to shoot, the name of this movie is "Inception"!
Just when everyone thought that this was all the actions of Fengyu Holdings, Fengyu Holdings announced that it would start the acquisition of AMC Cinemas, which is the second largest theater company in North America, with thousands of big screens, and is also one of the first theaters to have 3D and IMAX theaters.
At this time, it will take some time before the box office explosion here in the United States, so these theaters do not need too much premium.
However, even so, the purchase price offered by Fengyu Holdings exceeded $1.6 billion.
According to the asset evaluation, the market value of AMC at this time is about 1.5 billion US dollars, which is a premium of more than 6%!
After the news broke, the entertainment media and economic media were in an uproar.
The front page of many media that day was this news: Fengyu Holdings has entered the film and television entertainment industry in a big way!
Originally, Fengyu Holding Group acquired MGM, which shocked the eyeballs, and now it has actually begun to acquire the cinema chain, which many people did not expect.
They think that Fengyu Holdings should focus on the IT industry, the electronics industry and the financial industry, which is also the main impression of many people on Fengyu Holding Group.
Even a retail giant like Amazon, in the eyes of many people, belongs to the IT industry, because it is an online mall, and it is inseparable from the Internet.
The performance of this kind of industry invested by Fengyu Holding Group is also very good. Although Amazon's profitability has not been high, it has developed into the world's No. 1 online shopping mall, and the level of trust of investors can be seen from the steady increase in its stock price after its listing.
And Guge, the company that was abandoned by Yahoo at the beginning, has now grown into the world's No. 1 search engine. At the same time, they also know that Qiandu, the world's second search engine company, also has Feng Yu's investment, which is invested in the name of another Taihua Holding Group.
Among the two holding groups controlled by Feng Yu, Fengyu Consulting, the subsidiary with the highest market value and assets, is mainly engaged in financial investment, which is also the company that Feng Yu really rose according to many people's analysis.
During the Asian financial crisis, even predators like Soros lost, but Feng Yu won a big victory, and his assets skyrocketed.
Then the stocks, futures, etc. that Feng Yu invested in were all very profitable, even now, Feng Yu's investment in the futures market is still the most.
But just when they thought that Feng Yu would continue to invest in this kind of enterprise steadily, Fengyu Holding Group actually invested in the film and television industry, is this Kameda Masao's idea, or Feng Yu's idea?
After these news broke, those film and television company giants in the United States felt that trouble was coming. MGM, the dying lion, in Feng Yu's hands, may really become a lion to swallow the market that originally belonged to them.
The most frustrating of this is the company, which originally hoped to buy MGM, so that they will become the world's largest film and television production company and will have the most film and television rights. Strong alliances, contempt for other companies.
But all these dreams have been shattered by Fengyu Holdings.
They snatched MGM from the mouth of the many. was also ridiculed by MGM CEO Mayo for being childish, and this matter was actually told by Mayo in front of the media.
The reports on the entertainment page that day were all talking about the childishness of the family, and other film and television companies also took the opportunity to come out to criticize the company, which made the company very passive.
Some media even said that he couldn't even take out $5 billion, and he was no longer a first-tier big company. This news made the stock price of Ni Ni fall a lot that day.
And this time, Fengyu Holding Group wants to acquire AMC, and Yani originally planned to pit Fengyu Holding Group once and raise the price.
As a result, as soon as Kojima Kuraka contacted the president of AMC, the other party directly refused and didn't even listen to the offer.
Because the other party believes that no matter how much he quotes, there is no cash. They will never accept leveraged buyouts anyway, after all, AMC's assets are still relatively good, the profitability is acceptable, and the debt ratio is not high.
Kojima Cangjie is so depressed, the other party doesn't even give him a chance to quote, how can he raise the price?
In the past when MGM was acquired by Fengyu Holding Group, he was not less severely criticized by the headquarters. This time I wanted to take revenge, but unfortunately it seems that everyone now agrees that he has no money.
I can't get $5 billion in cash, but I still have $1.5 billion in cash, so why can't I offer it? Can't you listen to it?
There are no opponents competing with Fengyu Holding Group. Now no one thinks that investing in cinemas will make a lot of money. It's just that the No. 1 cinema chain is a little nervous, and they think that Feng Yu plans to set up the world's largest cinema company.
AMC plus MGM's original theater chain is not much different from them. If you buy one or two smaller cinema chains, it will definitely be easy to become the world's No. 1.
For other companies, it may be difficult, but for Fengyu Holding Group, there is no pressure.
And they also know that Taihua Holding Group set up a cinema company in Huaxia last year, relying on the construction of Taihua Supermarket Group, every Taihua super hypermarket, there is a Taihua Cinema.
If Taihua Cinema merges with AMC, it will already be the largest cinema company in the world!
The benefits of being number one in the world speak for themselves. The boss always has the most right to speak. So the world's No. 1 cinema company also began to negotiate with several small cinema companies, planning to merge and acquire to ensure that it is the first in the industry!
At this time, Fengyu Holding Group announced another blockbuster news.
…… (To be continued.) )