Chapter 137: Start with the Paper Media

Chapter 137: Start with the Paper Media

Of course, Jason was a little worried, afraid that this guy would be blind and arrogant. Now it seems that this is not the case, it is just an intention.

William White bought two failing newspapers in Houston for a negligible sum. This result surprised many people.

This is not playing?

This is too anticlimactic,

Well, there are three more TV stations that are going out of business.

You say that people are so ambitious, and they started from a young age, which is really speechless, but your contrast is too big, this is basically a waste of time.

The newspaper groups remained silent. Several of them were tormented by William White. They understand this guy's virtue very well. It is best for you not to provoke him. If you do, there will definitely be very serious consequences.

It would be foolish to court a billionaire when there is no conflict of interest.

In this way, negative reports about William White are very rare, and even if you don't sing praises for you, you won't discredit him.

The reason is also very simple. The two small newspaper offices are also newspaper offices. Everyone is still playing on the same platform. It is the most ideal situation to live in peace.

William White's men struck out, and seven newspapers changed hands in just one week.

Although they are all regional newspapers, the circulation of each is not large, but if you add these newspapers together, there are nearly two million subscriptions.

Although the number is not large, it is a very good start for the newly established White News.

"Filson, it has been carried out according to the plan, and the problematic ones have been cleared."

"Okay, boss, integrate now."

William White didn't plan to go to war, but he didn't need to keep those who were disobedient.

For these indebted newspapers, clinging to tradition is nonsense, and William White doesn't have that.

The situation is more optimistic than he thought. The current situation is very bad. After all, there are only a few people who are ignorant of current affairs. This group of guys were going to go to the street, and it is a problem to support their families. Now that there is a savior, what are they going to do? , then it is really hopeless.

Of course, Wall Street is not happy with the excitement of William White here. This guy finally planned to go to sea, and he was scared away by you again. What should he do now?

"Boss, Disney's situation is not good now, can you?"

"The question is, does that guy have the money to buy it?"

"Boss, Disney's loan is more than one billion, and the company's assets are only two billion. They can't sustain it."

"Well, include it in the options and see what the other party means."

The successor of the company was not selected well, that's the problem. If Disney is a good company, if it continues, it may become insolvent.

This is not a joke, the annual interest is 200 million US dollars, you still have a few years to toss!

The company's profit?

Don't be kidding, the beautiful Disneyland has always been losing money. This thing has not changed until 2008, and it went to grandma's house on the street.

Movie?

I can only use four words to describe it as horrible, and I really don’t know how to say it. Instead of making movies that young people like, and focusing on art movies, Disney, which has given up the spirit of entertainment, is really desperate.

Laomei likes playgrounds very much, but she doesn't like Disney. I have to say that Disney's sexual orientation is indeed a problem, at least boys don't like it very much.

Meidi's girls are also rough and crazy. Disney seems to them to have no sense of substitution. Otherwise, how can you explain that Laomei's amusement parks are very profitable, but the most famous one is not so good.

You said footbath Disney.

There is really no way, the population base is different, such a narrow place, the population is almost the same as that of Laomei, how can it not make money.

Then again, Japanese and Korean celebrities are very sissy, so it’s no surprise that they like this type.

"What? Disney? Filson, are you sure Damo is right?"

"Yes, boss, they may be packaged and sold."

"Well, prepare the information. If I remember correctly, this company costs two billion. I don't have such a large fund reserve."

"Yes, boss, the current valuation is about 2.5 billion. If the overall acquisition is required, it will cost about 2.8 billion. There is another problem. Their loans have exceeded 1.2 billion."

"Isn't it? How do they repay the loan? In my impression, their amusement park and film company are losing money, and the TV station is not doing well. Is this trying to trick me?"

"Boss, think tanks do not recommend acquisitions. Their organizations are very bloated, and profitability cannot be guaranteed unless a large number of layoffs are made."

"Tsk, this is really troublesome. How to lay off staff at this time, the guild will definitely tear us apart."

"Yes, boss, there will indeed be great trouble."

"Let me guess, Morgan Stanley is going to provide packaging services? Do you want us to repackage and launch?"

"Yes, they are optimistic about your repayment ability, and you can re-IPO in two years at most, and their interests can be maximized."

"Hey, what a cunning old guy, I don't intend to give in, help me contact the foot basin consortium and see how much I can raise."

"Okay, boss."

Morgan Stanley really has a solution. William White believes that Disney is absolutely powerless to resist. Their foundation is too weak. Once the bank recovers the loan, Disney has only one way to go bankrupt.

It is nonsense to say that the valuation of 2.5 billion is nonsense. The bank can give you a valuation of 2 billion at most.

As the actual controller, the Disney family only has 5% of the shares in their hands. This is a share that can be driven away at any time, and they can't be the masters at all.

Alas, I found the wrong investment bank this time, and Morgan Stanley was still so simple and rude.

In fact, Morgan Stanley is also a pain in the ass, if you do a malicious acquisition, it will definitely save a lot of money, why bother to buy it as a whole, the amount of funds used like this is terrible.

Of course they didn't understand William White's idea. A hostile takeover would hurt both sides. He wanted a complete company, not a bunch of junk.

"Boss, it's time for lunch."

"Well, Suzuki, what shall we eat today?"

"Boss, today's tuna is good, there are French baked snails, and the lamb chops with herbs are also very fresh."

"Well, let's eat then."

The foot basin girl's service is still very good, at least she won't give him ice water or coffee all the time.

Although I am not used to their tea ceremony, it is good to drink a little every day, at least there is no harm.

You can’t buy any good tea in the United States, but the oolong tea is not bad, and these are all produced in Baodao. You don’t even want to drink Dahongpao, unless you have business dealings with the Celestial Dynasty.

Now China has just opened up, so you can only buy some clothes and toys, don’t think about anything else. The explosion of infrastructure construction is after the Asian Games, and now it’s really a poor and empty state.

"Well, toys? You can have this one. My buddy has a lot of toys that need to be produced. Let's build the factory first." William White was thinking about it, and the little assistant helped him cut the lamb chops very dutifully.