Chapter 764 Anxiety

During the period starting in mid-January, what Yin Jun paid most attention to was naturally the negotiations with Goldman Sachs.

At first, he just wanted to let Goldman Sachs acquire United Artists Film Company, and after he had sorted out United Artists, he would then pursue Disney in two or three years.

Unexpectedly, Goldman Sachs was so crazy about money that it recommended a package deal between United Artists and Disney.

Although Yin Jun refused at the beginning, he was actually very happy. If he didn't have enough self-control, he would have agreed on the spot.

Unfortunately, the young man didn't know that Goldman Sachs had only conducted a serious investigation of Disney. It had not even negotiated with Disney yet, so it had first settled Yin Jun's purchase intention, and then forced Disney to sell its shares.

Now that Goldman Sachs has this plan, of course it wants to actively promote it.

In these days, Li White, general manager of Goldman Sachs China, communicates with Yin Jun on the phone every day, telling him how good it is to acquire these two companies and how much impact it will have on his global film strategy.

Under the signal from the Wall Street headquarters, Li White also offered many preferential conditions.

For example, if the money is paid in installments, you only need to pay US$200 million at the beginning, and the remaining balance can be paid within one year.

If Yin Jun seeks a loan from Goldman Sachs, the terms will be more favorable. They have made a 20-page brief introduction to the entire financial plan. The main content is that Yin Jun can have a 10-year repayment period and can choose the time and period at will. To repay the amount, Goldman Sachs only needs Yin Jun to use Qilin Culture as collateral.

At first glance, the loan policy of Goldman Sachs is very favorable, but Yin Jun, who is familiar with them, knows that if it comes to a formal contract, there will be so many traps that it will be nerve-wracking.

If it is an ordinary person with slightly less ability, I am afraid that he is making a wedding dress for Goldman Sachs and ends up taking advantage of them.

Although Yin Jun was confident that both United Artists Film Company and Disney would be successful, he still decided not to cooperate with Goldman Sachs in finance.

In terms of intelligence, Yin Jun can't even compare to the smart people in Xiangjiang, let alone a place like Goldman Sachs where people with top IQ and EQ gather together.

Moreover, Goldman Sachs is too far away from China and Xiangjiang, and its importance to Yin Jun is far less important than that of HSBC.

In Hong Kong, HSBC said bluntly that the emperor of Hong Kong can influence many things of the Hong Kong government.

For at least ten years, Yin Jun needed help and support from HSBC.

How can we get HSBC to support Yin Jun?

Very simple!

You have a lot of business dealings with them and have a cooperation worth tens of billions of Hong Kong dollars. Do you think HSBC will take you seriously and try to solve some difficulties for you?

Therefore, Yin Jun rejected the financial loan services proposed by Goldman Sachs, but gradually changed his attitude under their persuasion.

Colauti also put a lot of thought into this, personally calling Yin Jun to discuss the matter, and patting his chest to guarantee that he would be able to give Yin Jun a good price when the Kirin Group entered Hollywood. Plenty of help.

These people think they are very smart, thinking that Easterners have huge ambitions to conquer Hollywood and the United States, so they always come here to fan Yin Jun's desire to buy.

As everyone knows, Yin Jun's transformation was all for them to see.

The first package price offered by Goldman Sachs was US$3.8 billion - the two companies plus service fees to Goldman Sachs. This price was directly rejected by Yin Jun, and the counter-offer was a total package price of US$2 billion.

Instead of being angry at Yin Jun's harshness, Goldman Sachs became happy.

They were not afraid that Yin Jun's negotiations would be harsh, but they were afraid that Yin Jun would not want to negotiate.

As long as Yin Jun is willing to talk, he will eventually fall into their rhythm and control.

In the past few days, everyone has been discussing and negotiating prices repeatedly.

There is no problem with United Artists Film Company. Both Yin Jun and Goldman Sachs agree with the price of around US$400 million.

The key is to put it on top of Disney.

The Disney Company is no longer the powerful animation company that swept away all its opponents twenty or thirty years ago. Today, it has long since declined and is no longer as courageous as it once was.

According to the information collected by Yin Jun, Disney, which is listed on the New York Stock Exchange, has a current market value of approximately US$1.5 billion, but it is impossible to acquire all the shares at this price.

But at the same time, because it has too many debts, US$2 billion is almost enough to buy it.

In fact, acquiring Disney at this price is relatively loss-making, because Disney's current actual assets are about US$2.2 billion, but their external debts are still about US$1 billion, which means their net assets are only US$1.2 billion.

Acquiring a company with only 1.2 billion net assets for 2 billion U.S. dollars, and then the debt of 1 billion U.S. dollars is also borne by Yin Jun. No matter how you calculate it, Yin Jun is considered kind.

But Goldman Sachs doesn't think so.

Although Disney is now in decline, it is definitely a company that was once famous in its ancestors. If nothing else is mentioned, their super Disney resort of more than 120 square kilometers alone is worth more than 500 million US dollars, and it also has relatively strong operating capabilities. .

Also, Disney's animation production team is still the best in the world, and Yin Jun has the best comic company in the world. The combination of the two is even more powerful.

Therefore, Yin Jun should have an urgent need in this regard and should be able to accept some price changes.

After all, everyone knows that if you forcefully buy a company that is running reasonably well, it will definitely not be too cheap.

The $3 billion price Goldman Sachs offered to buy Disney is certainly not their bottom line.

After step-by-step discussion and price negotiation, Goldman Sachs has reduced the package price from 3.8 billion to 3.2 billion, but Yin Jun still did not relent.

Yin Jun's price has now increased to 2.6 billion US dollars, but the gap between the two sides is still 600 million US dollars.

Yin Jun can only get loans of 2.5 billion US dollars from HSBC and Heung Kong Commercial Bank. Although he can still have a few hundred million US dollars to spare by dismantling some, who doesn't want to spend less money and do more things?

Furthermore, Yin Jun knew the methods of Goldman Sachs. He was sure that several transactions were worth 2.6 billion U.S. dollars. It was already good to have 2.2 billion U.S. dollars in the hands of two companies. The rest were all from Goldman Sachs. Eaten by a group of greedy partners.

I don't make money because of strong winds, so why should I let you make so much?

Besides, even if Goldman Sachs earns so much, you will not feel any gratitude to me. Instead, you will think that I am weak and can be bullied.

On the contrary, it was only when the business was done well and United Artists and Disney developed better than anyone imagined that they gained the respect of Goldman Sachs.

Respect for the strong.

They only respect the strong.

Now, the amount of money Goldman Sachs has given back seems very small.

In the past, the refund was tens of millions, but now it is down to 5 million or 6 million at most.

Yin Jun was impatient with this protracted business negotiation and had already given Li White an ultimatum.

If they can't come up with a price that satisfies them, then they won't negotiate the business with them and will be replaced by Le Yiling, the CEO of Kirin Group.

Li White has been in Xiangjiang for so many years, but rather than being familiar with Yin Jun, it is better to say that in the Qilin Group, the one he is most familiar with is Le Yiling, who is decisive in killing!

In the Xiangjiang business community, no one does not admire Le Yiling's resoluteness and seriousness.

Especially when she was conducting various business negotiations, even many veterans were unable to take advantage of her.

Hearing that Le Yiling would come to talk next, Li White immediately discussed it with Colauti.

Yin Jun does not look like the controller of a group, but like a pioneering inventor.

Therefore, even though Disney is inappropriate in many places, Yin Jun likes it very much and is willing to spend more than a billion dollars for this flagging company.

Coke Yiling is not an idealist, she is a very realistic company boss.

In the eyes of such people, any feelings and ideals are not a big deal, and there is no need to spend a lot of money to take risks.

You have to say that Qilin Group has assets of 1,000 to 80 billion Hong Kong dollars, so spending 10 to 20 billion to buy a company that Yin Jun likes is not a big problem.

The key is that Kirin Group is now only valued at about HK$5 billion, but it wants to purchase two companies worth more than HK$10 billion in total. Do you think Le Yiling will be happy?

On the other hand, if you do not buy these two companies, it will not have much impact on the development trajectory of Qilin Culture.

As long as they build a good TV station, a good comic weekly and derivative products, then the Kirin Group will truly become a cultural and entertainment company with a market value of more than 100 billion in ten years at most.

Isn't this enough?

Why take such a big risk when your footing is not yet stable?

Others may have such questions, but they may not dare to ask Yin Jun.

Because he is the boss.

But Le Yiling dared to ask 100%, and she still had the courage and ability to stop the acquisition plan.

Don't ask if it's a joke. Everyone in Xiangjiang knows that Le Yiling is not Yin Jun's woman, but she is Yin Jun's sister. She can at least help him become half of his family!

With him emphasizing to Colauti so emphatically, Colauti finally took another step back.

"3 billion U.S. dollars! After signing the contract, 1 billion U.S. dollars will be paid. After the company ownership is successfully transferred, 1 billion U.S. dollars will be paid. The remaining 1 billion will be paid three months after the second payment. ...Tell Mr. Yin Jun that this is Our bottom line has been reached and we can no longer give in.”

When Yin Jun relayed this to Le Yiling, Le Yiling sneered.

"Bottom line? If you believe in the bottom line of Americans, you are an idiot! Their bottom line is that there is no bottom line! Leave it to me! I will let them know that the money of us Xiangjiang people is not so easy to earn!!"

Sister Le said to the young man with confidence.