Chapter 755 The Agency Is Too Clever
New York, USA.
As the essence of Manhattan Island, that long and narrow street is the financial center of the United States and the world.
Although Londoners are always thinking about regaining the number one position, it is a pity that the sun never sets has become a thing of the past and will never have the glory of the past.
The headquarters of Goldman Sachs is right on this street.
As an investment bank with a short history in the United States, Goldman Sachs has been able to catch up from behind and has now begun to play an increasingly important role. This is inseparable from their use of the traditional partnership system.
Don’t think that Goldman Sachs is a devouring behemoth working together. In fact, the internal battles within them are also very, very cruel. Countless partners who were once famous will end up miserable in the end.
This is the cruelest survival of the fittest.
But it is precisely because of such a cruel competition system that Goldman Sachs can develop step by step and always maintain its vitality.
In the future, they and Morgan Stanley will be the only five major investment banks on Wall Street. This is not without reason.
Sitting in his office, President Busalone was listening to the young man opposite.
"United Arts can no longer hold on. They are already working very hard and have a lot of expenses. After we put a lot of pressure on them in terms of bank loans, they can no longer even pay their salaries for the next quarter. "The young man said, "Now the big boss behind the scenes, Pan American Insurance, has approached us and wants to entrust us with a sale to see if anyone is willing to take it."
"Shouldn't we just declare bankruptcy?" Busaroen pondered.
"There are many procedures to go through in bankruptcy, which is not the most beneficial to us." The young man said, "I think the Hong Kong rich man cares about getting a large film company more completely, and he doesn't want to delay it so much. Long lasting.”
"What you're talking about is Colauti." Busa Ron nodded. This young senior partner is indeed an elite among the elites. He analyzed the matter so ruthlessly and accurately. "How much are you going to sell it to?" them?"
"About 400 million, without adding our remuneration. Pan American Insurance is not completely desperate yet, so it can't be lowered much." Colauti said, "After working for half a year, we should at least receive a remuneration of 50 million U.S. dollars." suitable."
Colauti is bragging a bit.
He has been working on this for half a year from the beginning to now, but he definitely does not focus all his energy on it.
The one who is really responsible is a team under Colauti. He only gives some guidance at critical times and does not keep an eye on it all the time.
"Our client's assets have increased recently!" Busaroen said slowly, "Transformers are selling so hotly in 50 countries and regions around the world, with sales exceeding 350 million in one month. U.S. dollars has raised everyone's expectations of his wealth to another level!"
"So what?" Colauti looked at Busarone strangely, "Can we still sell it to him at a higher price? If it is 500 million US dollars, I'm worried that he will be scared away on the spot. He will never do business with us again... As you know, he has been cooperating with Lehman Brothers recently!"
"That's not what I'm talking about." Busaroen smiled, "Colauti, do you think United Artists' structure is too small?"
"Huh?" Colauti frowned, "What do you mean?"
"We at Goldman Sachs are very good at packaging and selling companies. Now a single United Art Company has left a lot of mess. It will cost at least hundreds of millions of dollars to keep it running. For our friends in Hong Kong, isn't this right? Not attractive enough?" Busalone took out a stack of information from the drawer next to him, "What do you think about adding this company?"
Colauti took it and took a look, his eyes lit up, and then sank again, "Its situation is not much better than that of United Artists, right? If it weren't for the support of those old foundations, it would have collapsed long ago!"
"That's not necessarily the case." Busaroen chuckled. "Disney is the childhood dream of all of us. Even though it is in terrible decline now, it was still one of the top animation companies in Hollywood. Our friends in Hong Kong, no. Does he just own the comic weekly with the largest sales in the world? Comics and animation are all part of the same family. If he can have such a base in the United States, it must be a good thing!
When the time comes, United Artists will produce ordinary movies and Disney will produce cartoons, and he will have a firm foothold in the center of the world, the United States. Why should he be unhappy? I know that these Asians always hope to conquer our United States, the most powerful place in the world! So they are definitely willing to pay more for it. "
"What if he doesn't want it?" Colauti said, "I know about Disney. Because there are several Disney parks, its stock market value is about 1.5 billion U.S. dollars. And all of Yin Jun's property combined, It’s only about 1 billion US dollars!”
"If he doesn't want it, won't you outline a beautiful picture for him and induce him to buy it?" Busaroen smiled, "As for him having no money, that's even simpler! Goldman Sachs will take care of everything for him. As long as he uses his own Kirin Group as collateral. If he can repay the money, Goldman Sachs can earn a lot of fees. If his business fails and he cannot pay back the money, can't we also make a huge profit when we deal with the Kirin Group? ?”
It has to be said that Colauti thinks that he is a smart person and a cruel person, but now he feels that he is too pure compared to the president.
Unexpectedly, he took two junk companies that were about to go bankrupt, put them together and wanted to sell them to Yin Jun. Not to mention, he was already claiming that Yin Jun's business failed and Goldman Sachs plundered the high-quality assets of Yin Jun's Kirin Group.
It is not very vivid to say that you eat the buyers and eat the sellers, but while doing business for customers and digging holes for them at the same time, this description is very appropriate.
"Go! Colauti! It's just a United Artists Film Company. It's simply too unchallenging for you." Busa Ron said: "Package Disney together and sell it to our friends in Xiangjiang! Goldman Sachs needs this For big business, we also need a friend in the Far East...or a high-quality asset!"
"Have you reached an agreement with the Disney Company?" Colauti asked, but he was a little worried. This old man was so silent.
"No, but their situation is very bad. It is said that the major shareholders are looking for investors." Busarone said, "Instead of letting them get the investment, it is better to let them cash out and let Disney's power return to one person. . Chinese people have never liked sharing. They like to keep power firmly in their own hands, haha. This is actually very good for us!"
It is also convenient for us to have better control over Disney when Yin Junli is not in danger.
Colauti added this sentence to the president in his mind.
"Okay, I'm going to contact Disney's major shareholders right now to see the attitude of Disney's major shareholders. I'll also test whether Yin Jun has a strong desire to acquire them." Colauti nodded.
He didn't mention that Disney is a listed company.
It is difficult for Goldman Sachs to obtain a full stake in a listed company.
But what should he do for something that is not difficult?
How can a business that is not difficult reflect the value of a senior partner?
…
When Li White invited Yin Jun to his office, Yin Jun looked at his smiling face and felt at ease.
As expected, Li White poured a cup of coffee for Yin Jun, sat down and said with a smile, "Mr. Yin, you have been waiting impatiently, right? Fortunately, we have almost completed your request."
Yin Jun is not the kind of character who just entrusts things to others and ignores them.
What's more, actively understanding the progress of the acquisition would have helped him better adjust his plan to deal with unexpected situations.
For example, regarding the acquisition of "Hollywood Movies", Yin Jun would call Li White every month to inquire about the progress. Sometimes, after there was progress, Li White would report it himself.
From the beginning of a "medium-sized film company" to the current United Artists Film Company, one of the seven largest Hollywood companies, the two parties had many discussions and disputes. In the end, Yin Juncai "reluctantly" agreed to acquire such a film company. A significantly larger film company.
"Mr. Yin, we are almost done discussing with United Art," Li White said, "More than two-thirds of their shareholders have collectively agreed to sell their shares to you at a total valuation of US$350 million. We at Goldman Sachs helped make an estimate. At approximately this price, you can receive about 80% of the shares.
The remaining stocks, due to the provisions of the company's equity law, only need a certain increase to acquire the shares of these small shareholders. All in all, you need to spend an overall price of approximately US$400 million to acquire United Artists Film Company, one of the seven major Hollywood film companies and founded by Mr. Chaplin and his friends, with a long history! "
After a pause, he emphasized: "Of course, our remuneration is 50 million US dollars, which is very reasonable. We will not only help complete all acquisition procedures, but also help with the equity change procedures of the company in the United States. Wait, we’ll finish it too.”
"Then let's start the acquisition!" Yin Jun nodded happily, "Let's draw up the contract today. After signing, I will first transfer 100 million US dollars into your account, and the rest will be paid within a month. clear."
Li White was stunned when he heard this.
It was rare for him to see someone so straightforward. He agreed directly without even discussing the price.
How could a big business involving about 450 million US dollars be successful so easily?
Is he too rich, or is he too eager to get United Artists Pictures?
Could it be that Yin Jun is so confident in his film talent that he can't wait to buy it and head towards Hollywood! ?
For a moment, Li White had an unreal feeling.
But after all, he is an elite from Goldman Sachs. He expelled this emotion in an instant, and a smile appeared on his face: "Thank you, Mr. Yin, we have a pleasant cooperation... But I don't know if you have a better idea for Hollywood." Deep longing?”
Yin Jun was surprised, "What do you mean?"
"I mean, are you satisfied with just acquiring a United Artists Film Company? Or do you have broader ambitions and want to create a bigger world in the center of the world, the United States? "Li White said generously, "If you hope to achieve such success, then Gaoshen will continue to serve you and provide you with better support."
Yin Jun was a little confused.
“Just” acquiring United Artists?
Is there a better movie company to acquire?
MGM? Colombia? Paramount?
Thinking of this, Yin Jun also felt a little excited, and he expressed it unabashedly: "Mr. Li, if you have anything to say, just say it! I really want to hear it. Which film company is for sale?"
Seeing Yin Jun's excitement, Li White smiled in his heart and said slowly: "In terms of the film industry, United Arts Film Company is actually enough. What I am introducing to you now, Mr. Yin, is to expand your Another aspect of the entertainment empire…you know the Walt Disney Company, right?”
Disney! ?
Yin Jun's heart beat rapidly.
But this time he didn't show it at all, but said in surprise: "That company that makes cartoons and opens theme parks?"
"Yes." Li White said, "It has two major theme parks at the same time and is the most popular amusement park in the world. Moreover, Japan in Asia is also actively building Disneyland. I believe that after its opening, it will bring great benefits to the company. To make huge profits.”
"I know the popularity of Disneyland." Yin Jun nodded, but then changed the topic, "But I also know that this company that started with cartoons has now completely declined. Throughout the 1970s, they Only four animated films were produced and it became the laughing stock of animation production companies around the world.
Nowadays, their artists and animators are very old, their production is seriously ineffective, and their losses are serious. The only one that can make money now is Disneyland, but its return cycle is long and its profit margin is relatively low. This is the main reason why they agreed to authorize Japan to open Disneyland! "
Li White took a breath of air.
He had an embarrassed look on his face. He never expected that Yin Jun would be so familiar with Disney.
But then I thought about it, Yin Jun himself is producing comic animation, and he will definitely understand this industry. Disney Animation is a company that you must know, even if it is lonely now.
In fact, Disney is already at a very low ebb, otherwise Goldman Sachs would not be interested in them.
But thinking about it on the other hand, since Yin Jun also knows that the Disney Company is in recession, it is really difficult to persuade him to buy it together!