Chapter 815: It turns out that everyone is their own people

Many times, a small thing that happens by chance may be arranged.

Pei Qianlong invested in this calculation, spending at least tens of millions of dollars.

In fact, for the sake of three million dollars, there are a large number of people who are willing to commit crimes, and the core conflicts set in the movie are often only tens of millions of dollars.

Under Pei Qianlong's remote control, Concubine Han's work was secret and fast.

In a very short period of time, the negotiations with MGM collapsed, and then completely focused on negotiations with Paramount.

This has left MGM shareholders very frustrated.

Many people may wonder why MGM's shareholders want to sell.

Aren't all companies already profitable?

In 2010, MGM was $5 billion in debt.

Time Warner is $1.5 billion in an attempt to acquire.

Lionsgate opened between $16 and $1.8 billion.

In bankruptcy reorganization, when a company is unable to pay its debts, bank creditors can force the business to enter bankruptcy proceedings to seek compensation.

Please note that it is the creditor who is filing for bankruptcy.

People may have a misconception that if I start a company and I file for bankruptcy, I don't have to pay back the money I owe.

This is not the case.

It was my creditor who filed for bankruptcy.

They filed for bankruptcy reorganization, and after the reorganization, my company became a creditor's asset, and my creditors divided the assets according to their creditor's relationship.

For example, I originally had a 100% share.

If 90% of the debt assets are owned, then my share will be 10%, and the other 90% will become the share of the creditors.

MGM is in a similar situation.

Under MGM's bankruptcy plan, $5 billion of debt will be written off in exchange for a share of approximately 95 percent of the restructured MGM creditors, including Carl Icahn, a board seat on the board of directors of the restructured company, and an approximately 5 percent stake in independent production company Telescope Entertainment, which will serve as co-CEO of MGM Resorts with two executives at MGM Entertainment.

In other words, none of MGM's current major shareholders are willing to be the majority shareholders.

It took five billion dollars of real money to become a major shareholder.

Five billion dollars seven years ago were worth more.

Most of these creditors are investment banks and capital, how can they put up with a profit of one or two hundred million dollars a year.

This $200 million is a lot of people, and some of it has to be set aside to grow the company.

Therefore, MGM is in contact with all kinds of capital every year, and the major shareholders want to escape, they want a free body, and they want to take the money to create a wealth myth.

Rather than decaying with MGM, the once-glorious myth of the film.

But the change in form left them at a loss.

The people turned around with a clear goal and went straight to Paramount.

People don't want us anymore.

Reserved fart, arrogant fart.

I regretted that my balls were all green.

According to their various investigations and reports, this Huaxia Capital is not trying to get away with it, but is actually negotiating with Paramount.

Why?

Why would you rather buy Paramount for 10 billion dollars than 8 billion for us MGM.

We compete with them......

It doesn't seem to be comparable.

A group of major shareholders gathered in a mansion in Beverly Hills, Los Angeles, for an all-night meeting.

"I can't stand it, gentlemen, what must we do?" A small man with glasses shouted manically.

He was Mr. Moulton on the board, a bankrupt banker who later set up a small venture capital and drank some leftover soup with the bigwigs.

I didn't expect to be tied to the broken ship of MGM and couldn't get off or off.

Moving from his mansion in Santa Monica to Silver Lake, where the middle class gathers, he desperately wants to cash in MGM and get his money back.

His share of MGM is about 2.6 percent, but if he just sells $5 billion, he can get a share of $130 million, and he will become a billionaire again.

Instead of living a "hard" life with a dividend of one or two million a year as it is now.

People like him make up the majority of those here today.

"I understand your feelings, Mr. Moulton, but please be calm." Co-CEO Gary Barber's gentle voice remembers and succeeds in reassuring most people.

After everyone had quieted down, he turned to him and asked, "Mary, what's going on with Paramount?" ”

Chief Executive Producer Mary Parente was a little frustrated: "They talked very well, Paramount didn't plan to sell it at the beginning, but the conditions of those Chinese people were too good." ”

"Damn the Chinese!" Morton snorted again, but he quickly lowered his head as Gary Baberwyn looked at him.

Carl Icahn, the company's largest shareholder, didn't come, and Gary Barber was the one who could take charge of the house.

It is said that Carl Icahn broke his leg the other day when he was hit by a young boy on a mountain bike.

"What conditions did they give?" Gary Barber asked.

"The purchase price is said to have reached 10.3 billion ......" Mary Parentt obviously has eyeliner in Paramount, and her position is not low, and she even knows the details of the acquisition.

But her words were soon interrupted again by the same Moulton, and the bankrupt banker screamed, "Oh my God, 10.3 billion, what are the damn Jimmy waiting for?" ”

"Jimmy is just the CEO, he doesn't have the authority to sell Paramount, Mr. Moulton, if you say one more word today, I'll have to ask you out." Gary Barber was still mild, but Morton closed his lips and shook his head, not daring to say another word.

"In addition to the purchase price, they promised to keep the existing team in business, and they would give at least $2 billion a year to invest in no less than 10 films, and they would give 10% of the proceeds to the team......"

In this banquet hall, many people breathed heavily.

Chinese people are really rich!

Who is saying that people can't afford to eat tea eggs?

"I think Paramount might be tempted, because Huaxia's acquirers have the most powerful distribution system on the Huaxia side, and their films grossed more than $2.5 billion last year." Mary Parent's voice was demagogic.

Some of the people here today only care about how much money they can get, and some people care about their careers after being acquired.

And all this, the capital from Huaxia can all satisfy them.

But sadly, the target has now become Paramount.

"Gentlemen and ladies, we must do something." Gary Barber looked around.

Morton trembled with excitement, because this was what he had just said, but unfortunately Gary Barber would not let him speak, and he could only cover his mouth tightly.

"It's hard for us to encounter such an opportunity again, Zheng Ce on the Huaxia side has tried to prohibit them from acquiring overseas assets, and whether it's neon or the old men in Los Angeles, they won't spend a penny more for us."

Gary Barber was like a priest, his hands clasped and his gentle eyes full of wisdom.

"We can lower the price as appropriate, gentlemen, if you miss this opportunity, you may never get your money back."

Chief Executive Producer Mary Parente's mouth opened wide in surprise.

Why does she think Gary Barber has been bought?

The feeling is so intense.

But she would never stand up and demolish Gary Barber, because she had already been bought.