Chapter 291: Harris's Project

"Harris, ...... Harris, the young Goldman Sachs partner?"

Tang Bao was stunned for a moment, and then remembered the relevant information about this Harris. Frankly speaking, they had only met once and were not familiar with each other at all, but his talk about Hollywood left an unusually deep impression on Tang Bao. At the beginning, this person intended to use Hollywood's network resources to get closer to Tang Bao, but considering that Harris is a partner of Goldman Sachs, Tang Bao did not respond immediately.

I didn't expect that after so long, Harris took the initiative to come to the door again!

"Ray, you go and get Harris in." Tang Bao hesitated for a moment and commanded. No matter what the other party's intentions are, after all, he is a Goldman Sachs partner with status, and it is not good to turn him away directly. And Tang Bao also wanted to hear what Harris would say this time.

"Hmm."

Ray hummed softly in response and turned back.

A few minutes later, led by Ray, Harris walked into the living room, dressed in a neat suit without a single wrinkle, and his bright red tie was particularly eye-catching.

Then.

Tang Bao also stood up, with a faint smile on his face, and said, "Hello, Mr. Harris, welcome to my place. ”

"Good afternoon, Don."

Harris, who was much older than Tang Bao, saw Tang Bao get up to greet him, and immediately quickened his pace, greeted him with a smile, and subconsciously shook hands with Tang Bao. His status as a Goldman Sachs partner is very noble, he is proud of himself, and outsiders are envious and jealous, but he knows very well that in Tang Bao's eyes, there will not be much difference between Goldman Sachs partners and ordinary people. He learned the lesson of the last time and put his posture very low at the beginning.

"You may be seated." Tang Bao beckoned, smiling and making an inviting gesture.

Harris hurriedly bowed down to express his gratitude, and after seeing Tang Bao sit down, he sat down gently. At this moment, he completely let go of his pride.

Soon. The maid brought two cups of coffee.

After a few simple greetings between the two sides, Harris went straight to the point, after all, the relationship between him and Tang Bao is not very familiar, and it is impossible to idle aimlessly all the time.

"Don, I proposed to invest in the Hollywood film and television industry together last year, how did you think about it?" Harris asked directly.

Last year. He proposed to jointly invest in the Hollywood film and television industry, and Tang Bao's reply was that he would consider it carefully. Unexpectedly, he waited for a long time and didn't wait for a response. Later, when he heard about the turmoil caused by Tang Bao in the Japanese stock market, he understood that Tang Bao was very busy, and he may have forgotten about cooperation for a long time.

Therefore, when he learned that Tang Bao had returned to the United States, he had been waiting for the opportunity to visit Tang Bao.

Forehead.

Seeing that Tang Bao was just smiling and didn't respond quickly, Harriston was anxious. Anxiously reminded: "Don, I have a very good project in hand, this is a rare opportunity to enter the Hollywood film and television industry." ”

"Oh? Tell me about it! Tang Bao expressed interest.

Call.

Harris breathed a sigh of relief and a confident smile appeared on his face. As long as Tang Bao is willing to listen, he has a great chance of convincing the other party to participate in the investment.

"MCA (American Music Company) is planning to sell MCA Universal! This is Hollywood's first-class studio, and its asset value is no less than that of Columbia Pictures. On top of that, I have a good personal relationship with the producer at MCA Universal, who has produced many successful commercial blockbusters. Very capable. If the acquisition is successful, he can be hired to manage Global. That's it. You will definitely be able to gain a foothold in the Hollywood film and television industry for the first time. Harris said.

Scold.

Before he expressed his intention to buy Universal, Harris actually helped him decide on the CEO candidate in advance. It's not so much that Tang Bao has a firm foothold in Hollywood, but that he Harris has a firm foothold. He can see that Harris wants to use Tang Bao's power to stir up the Hollywood film and television industry. However, he did not directly refuse, Tang Bao had long intended to lay out in the film and television industry.

"Why did MCA sell Universal? Could it be that the world is in financial trouble? Tang Bao asked.

"Hmm. Universal has some debts, but in recent years, it has shot several high-grossing movies one after another, and its financial situation is not bad. This time, MCA intends to sell Universal, mainly to raise funds for the development of the radio and television business. Harris explained in detail.

"To finance the development of radio and television, you have to sell Universal?" Tang Bao was surprised.

"Hmm. In fact, radio and television are the core business of MCA. Universal's status is relatively low......," Harris said.

Oh.

Tang Bao nodded clearly, when a company encounters financial problems and cannot raise funds from outside, it will generally choose to sell secondary assets to ensure that the development of its core business is not affected.

"Tang, I also paid a lot of price for winning this investment project, this is a rare opportunity." Harris said.

"Is this a Goldman Sachs project?" Tang Bao wondered.

"Of course, but now I'm in charge of this project!" Harris Road. Goldman Sachs will have a lot of investment projects within it, and some will be assigned to partners to be responsible for operation. If one of the partners is interested in a particular project, they can also apply to be responsible. If you succeed, you can get a lot of bonus sharing, and you will not be punished if you fail, but it will also affect the evaluation of partners within Goldman Sachs.

Scold.

Goldman Sachs' internal projects, but the partners used to find Tang Bao to cooperate, if it is successful, I don't know how those Goldman Sachs elites who have bad intentions towards Tang Bao will feel. Even if it's to disgust Goldman Sachs, it's worth it. What's more, although Universal Pictures has been sold back and forth like a wild child in history, it has been growing and expanding.

So.

Tang Bao immediately made a decision in his heart to acquire Universal!

"Do you estimate how much money is needed to acquire Universal, and are there any potential competitors?" Tang Bao looked at Harris and said with a smile.

Yes.

Harris was stunned for a moment, and then he was overjoyed, Tang Bao asked, that means that he intends to participate in the acquisition of Universal, how can he not be excited.

After calming down his excitement a little, Harris tried to use a calm tone and said: "The project team did a simple asset appraisal of Global, and the total price was about $4 billion to $4.5 billion, while the price of MCA's senior management was as high as $5 billion. In addition, Panasonic is also in contact with MCA to acquire Universal Pictures. And MCA also tends to have in-depth contact with Panasonic, which has strong financial resources......"

At that time.

What Harris did not explain is that since Panasonic expressed its intention to acquire Universal, MCA's contact with Goldman Sachs has gradually decreased, and Goldman Sachs also feels that having Panasonic bid for it will cause the purchase price to soar and become unprofitable, and in fact the project has been stranded.

To say that it took a lot of money to grab this project is Harris. No one at Goldman Sachs was interested in the project, which had little hope of success.

He's just picking up items that others don't look up to......

"Panasonic! Japanese companies have been acquiring in the U.S., and they have never been stingy with their moves, and their opponents are very strong. Tang Bao sighed with a smile.

Then.

Tang Bao looked at Harris again and asked with a smile: "At Goldman Sachs, is the acquisition of Universal really so popular?" ”

"Forehead ......"

Harriston smiled awkwardly and did not answer.

Goldman Sachs took the initiative to let it go when it learned that the competition would be fierce and that their project operation might become unprofitable after Panasonic's involvement in the acquisition. Harris said how difficult it was to grab this project, it was nothing more than wanting to raise his value in front of Tang Bao.

Unexpectedly, it was exposed by Tang Bao in person!

"How much money do you expect to get Universal Pictures?" Tang Bao looked at Harris, who was extremely embarrassed, and didn't pursue it, and directly changed the topic.

"Originally, $4.8 billion should be about the same. However, Panasonic will compete and raise the purchase price very high, which may soar to $6 billion or even higher. Tang, you know, with Japanese companies participating in the bidding, MCA's senior management will definitely greatly increase the psychological price, and when there are opponents competing with Panasonic, this psychology of waiting for the price and selling will be more serious. Harris replied. And with the intervention of Panasonic, the proportion of cash acquired may be very high, or even an all-cash acquisition! ”

"Well, it doesn't matter." Tang Bao said with a smile. With an all-cash acquisition, he has a terrible amount of liquidity in his hands, so he worries that he has nowhere to invest.

……

"Don, it looks like you've made up your mind to buy Universal Pictures. So before we cooperate, I will also talk about the conditions. Harris said bluntly.

Tang Bao smiled and motioned for Harris to continue. It's normal to have conditions, if Harris is busy helping him do this and that, but doesn't ask for anything, then he has to doubt the other party's true motives.

"I want to take 2% of the global stake and have the right to increase the stake to 5% in the next ten years!" Harris said solemnly.

"According to your estimates, the acquisition of Universal would cost $6 billion. 2% equity, that's $120 million, you have so much money? Tang Bao asked in surprise.

"Nope!"

Harris replied very dryly.

"No...... You're not expecting me to give you 2% of the equity in return for commissions, are you? Commissions worth $120 million, I'm afraid that all the investment banks on Wall Street will rush to do it. Tang Bao smiled.

"Investment banks can help you succeed in winning the world, but they can't guarantee future management, can they?" Harris asked rhetorically with a smile. "If you open your mouth, you will ask for 2% of the equity...... I'm also not that greedy and I'll raise money to buy. However, it is difficult for me to raise so much money with my ability, and if there is not enough money, please turn it around. ”

"Okay."

Tang Bao readily agreed. Then he added, "If you do well, I will give you a certain share award......

"Heh, don't worry, I won't let you down." Harris said confidently.

"Then I'll see!" Tang Bao said with a smile. (To be continued......)