Chapter 681: Inner City Broadcasting Company
Both of them came from law school, Peter has been a prosecutor at all levels for half his life, Alicia is now the title partner of the law firm, and there is no nonsense when he really concentrates on chatting about the case, and Peter can't stay too long, so the amount of information in the conversation is very large, Song Ya listens attentively, and can barely keep up with the rhythm.
"That's all."
Peter felt that the collusion was almost over, and raised his wrist to look at his watch, "APLUS, YOU AND ALICIA STILL HAVE BUSINESS TO TALK ABOUT, RIGHT?" Then you guys are busy, I'm leaving, there's still a lot of work to be done in the campaign office. ”
"Don't worry, brother, leave it to me."
Song Ya glanced at Alicia and said, then immediately reacted, "Uh, Mr. Flock. ”
"It's okay." Peter smiled and touched the black man with his fist, "Remember, don't talk about it next to the telephone or anywhere else where you might be being spied on." ”
The elevator reached the floor of Flock and Argus's office, where Songya said goodbye to Alicia and Peter, and then walked into Alicia's office one after the other.
"Wow, this place is so different from the last time I was here, you're doing a great job with Alicia."
Song Ya closed the door casually, looked inside and out, and exclaimed, indeed, the last time I came here, it was very simple, and now it is a small law firm with a lot of family and vitality, even a little larger than Goodman and Hamlin Law Firm, of course, the two law firms serve different people, and they can't be compared like this.
"Thank you."
Alicia sat down at her boss's table and smugly brushed her long hair, "I've put a lot of effort into this place, and we've had a good win rate lately. ”
"I understand." Song Ya sat down across from him in style, "You former fourth-year lawyers from Lockhard & Gardner have made a name for themselves in Chicago. ”
"Yes, seniority doesn't mean everything, even their senior partners have a win or lose with us."
The two chatted for a few words, tacitly not mentioning Vic's case at all, "OK, can we talk about a new joint project?" ”
Again, Peter charged ahead, everyone was tied to the same boat, Song Ya naturally had to use his own money to do a good job of logistics, but he didn't want to be wronged, and some things had to be made clear, "That's the case Alicia, I do have a new project that needs legal services, but I also need to reach a consensus with you in advance, that is, my business is for Peter's sake to give you this law firm." Of course, I appreciate you and your business skills, and I want to make sure that you and Peter don't part ways in the future, or in the near future, or else I'll have to re-evaluate our cooperation at that time. Sorry, I may have been a little explicit......"
His words are very straightforward but necessary, because he feels that the beautiful mature woman in front of him sometimes can't figure out her position because her personality is too idealistic.
"APLUS, IT'S HARD TO IMAGINE THAT A BIG BOY OF YOUR AGE CAN BE SO COLD AT TIMES."
Alicia's smile froze on her face, but she quickly adjusted her mood and replied with a little sentimentality: "I understand, please rest assured, Peter and I need each other, he needs me to continue to be a good wife to add points to his public image, and I also need his political influence." Although it is disappointing and sad that marriage has become a bargain of interests, we are all adults......"
"Hmm."
Song Ya is no longer verbose, his time is also precious, "Inner City Broadcasting Company, do you know?" ”
"Not at all."
Alicia shook her head blankly, "I thought ......"
"You think it's my venture capital business, right? I'm sorry, but maybe you got some news from DeLay's that I'm going to set up a new venture capital company, but I'm currently experiencing difficulties there, and I won't be able to get into business anytime soon. Please write down what I have to say......"
"The Inner City Broadcasting Company is a radio station operation company dominated by African-American political forces in Manhattan, and is now managed by Pierre Sutton, who and his father Pathy Sutton jointly own about 11 percent of the company's shares, and the other shares are scattered among various institutions and individual minority shareholders, including former New York Mayor Dingkins, the first African-American female television owner Dorothy ......"
"You want to acquire? It's hard to make money on most radio stations these days, right? Alicia asked.
"Yes, I'm still hesitating, so I need you and your law firm to be involved in the assessment. This company is doing very badly, I commissioned Coopers to have a rough understanding, only four to five of their 12 self-owned radio stations located in big cities can cover their own profits and losses, and most of the eight joint venture radio stations are also losing money, and they also participate in investing in small African-American media all over the country, probably most of the investment behavior is for political purposes, so very little can make money, and even Coopers can't find out how much debt all the affiliated companies owe. Their only consistently profitable project is the Apollo Theatre in Manhattan, but only the New York City government can forcibly repossess the rights at any time, because long-term cheap leases have long expired and are now in an automatic one-year renewal state......"
"Why didn't the City of New York take it back?" Alicia asked.
"For political reasons, Dingkins was the mayor of New York before, so he naturally wouldn't move that lease, and the new mayor, Giuliani of the Elephant Party, may not want to risk being attacked and engaged in political hunting during his first term, but the consensus in New York is that if Giuliani is re-elected, the inner city radio company will definitely not be able to keep the right to operate the Apollo Theater."
Song Ya replied: "The political power of Dingkins and Sutton and others is called the Manhattan Gang by New Yorkers, and most of them are African-American, because the Dingkins Donkey Party lost the incomparably important ruling power of New York City, and during his tenure he had a very bad reputation among the mainstream white, Jewish, and Chinese groups, the political strength of the Manhattan Gang has been greatly weakened, and as Dingkins and Pathsy Sutton have grown old, they have no politicians who can get on the table, and only have some influence in the courts, municipalities and law enforcement units in New York." ”
"How much do they offer?" Alicia asked.
Song Ya smiled bitterly, "They want me to inject 30 million yuan, take less than 25 percent of the equity, become the largest single shareholder and chairman, and have four seats on the board of thirteen people, but the specific management will still be maintained in the hands of the Sutton family until the end of 1999, and Pierre Sutton's general manager and executive director will also do it until that time." ”
"Very harsh conditions, according to what you just described, their valuation can reach 120 million, but in fact, this company may not be worth a penny, right?" Alicia asked.
"Hmm...... Money is not the biggest problem, if I get in, the inner city broadcaster may be able to breathe a sigh of relief in the short term, but in the long run, it is likely that as the Manhattan gang weakens year by year, it will lose a lot of donations from foundations and African American social groups, and the important reason why many of their media outlets around the country can still operate normally is that many African American organizations provide all kinds of support in money and politics for many years, and then they return the favor with media resources and political help. ”
"And even if I sit as chairman and have four directors, I don't necessarily get control of the company, because the other directors are either former political bigwigs like Dingkins and Pathy Sutton, or representatives of African-American foundations or social organizations, and they have a lot of energy." In the same way, I think it is very difficult to carry out reforms to get rid of the baggage, because many of the investments that are scattered all over the country, and many of the investments that look very bad to the outside world have hidden political commissions under the surface, and if you want to divest those bad assets, you will inevitably offend the local African American political forces. It's not worth the loss for me, because I bought that company to take advantage of those resources, and given the trouble I'm facing right now, I don't really mind losing a little money every year in that company, but it looks like losing a little money right now is far from filling its hole. ”
"I understand why you're hesitant......"
Alicia pondered for a moment and said, "Although this 30 million acquisition is a big deal for me, it doesn't seem wise to enter this company. ”
Song Ya didn't answer directly, pointing to the landline in front of her, "This is an extension, right?" ”
After receiving an affirmative reply, Song Ya picked up the microphone and dialed, "Please transfer Mr. Sutton, Pierre Sutton, no appointment, I'm APLUS, okay ......"
While waiting for the transfer, he pointed to the landline in front of Alicia again, she understood, and also picked up the microphone and listened silently.
"HEY, APLUS, I'VE BEEN WAITING FOR YOUR CALL." Pierre Sutton's excited voice came into the ears of the two, "How are you thinking about it?" ”
"Pierre, I'm very upset, you know why." Song Ya was very unceremoniously straight to the point.
"What? Because of what? Pierre Sutton looked a little confused, "Because of how our company operates?" ”
"No, it's the things you asked your radio reporters to do when my new order was announced." Song Ya said.
"Haha, you just accept our heart." Pierre laughed.
"You know that's not a good idea, Pierre, I made my debut at the age of fifteen, I know what it is. If I need help, I'll ask you, and if you want to help, you can let me or Sony Columbia Records know beforehand. I don't want to face any surprises, whether they work in my favor or against me, and you do it for the only reason, you want to show me the strength of the Inner City Broadcasting Company...... I don't like the way you flex your muscles. ”
Song Ya stabbed the other party's Xiao Jiujiu very coldly.
"Well, maybe I misunderstood you, but I really didn't have that kind of motive APLUS, I just casually said hello to my men. Well, anyway, I apologize to you. ”
Pierre, of course, won't admit it, "By the way, have you thought about investing in us?" ”
"This business isn't that urgent, is it? I just had an incomplete honeymoon with Mimi and I threw myself into the busy new album announcement, so I have to wait for me to catch my breath. Song Ya and Alicia looked at each other and pretended to excuse themselves.
"Well, yes APLUS, we do need a sum of money right now to get through this, but the inner city broadcaster doesn't take anyone's money, and this investment opportunity is hard to come by. You are the most suitable successor for my father and Mr. Dinkins, and they like your personal image and political affiliation......"
"Mr. Dinkins has asked me to study you, and I agree with you on a range of issues like South Africa, that you and the Inner City Broadcasting Company are a natural match, and that taking control of this company gives you a huge deal of influence in the African community," Pierre said. You're so young, the sooner you join forces with us, the bigger the future you'll have......"
"I don't think there's any need to be exposed to this too early at my age." Song Ya replied.
"Trust me APLUS, we can help you a lot, for example, for example, you satirized Fukuyama's final conclusion in a small essay in a philosophy class at the University of Chicago last year, right? Allow me to quote your original text, 'Mr. Fukuyama's praise of the current political system of the United States in his book The End of History and the Last Man reminds me of the words of the ancient Roman statesman Cicero: The ancestral political system of Rome is the best political system. But apparently history has proven Cicero wrong......'"
Pierre laughed, "It's a bit imprudent, as a promising African light, you should be careful about everything you say and do in college, and Mr. Dingkins told me to watch out for you not to repeat the mistakes of MJ and Simpson." ”
"Take care? How do I feel like you're threatening me? Song Ya sneered.
"Don't be so sensitive APLUS, join us, we need you, you need us, please trust me." Pierre took the opportunity to complain, "You've been avoiding me lately. ”
Song Ya took a deep breath, "I think you are too sensitive Pierre, not only sensitive, but also too eager, and it is less than a month before I can discuss the acquisition intention with your father." ”
"I don't shy away from the trouble with the Inner City Broadcasting Company, we're drowning in APLUS." Pierre responded: "We can't wait too long for you. ”
"Okay, okay, I'll entrust the capital injection negotiation to a local Chicago law firm, I really can't spare time, you can talk to my lawyer...... Well, you remember, Flock and Argus, their title partner, Alicia Flock, would have carte blanche to represent me. ”
After the verbal exchange with Pierre, Song Ya hung up the phone and got up, shrugging and smiling at Alicia, who was also hanging up the phone, "Now this is your trouble, I hope to get a good result like the DTS case." ”
"Rest assured, I will get the best deal for you."
Alicia came over and stretched out her hand, "The guy who just stared at your pocket and couldn't shake it off as soon as he got it was really annoying, I won't make him feel good." ”
"I hope so."
Song Ya pinched her hand and quipped, "Of course, I have changed my mind several times about this acquisition, maybe I will suddenly abort the acquisition, you have to be prepared to only take the agency and the labor fee." ”
"Actually, I personally don't think it's a good idea to buy such a company, do you have any ideas for follow-up operations?" Alicia asked.
"There's a bit of a vague consideration for the time being."
Song Ya winked at her again, "Please allow me to keep it a secret first." ”
"Don't keep too many secrets from your lawyer." She also responded playfully.
"Hey......