Chapter 1705 Marvel

As soon as Feng Yiping walked in, a lot of people looked at him eagerly, especially Mateo from UBS.

There are mixed reviews for Kerkorian, a wealthy man in the circle. Unless necessary, it is easy for him to appear in public and accept interviews. But for a bank like UBS, like Feng Yiping, this old gentleman , and often bring huge surprises to people.

Just like when he was young, boxing seemed to have a promising future, but he immediately chose to become a pilot because of a flight. Many of his decisions during the entrepreneurial process were also very sudden.

For example, he was doing well in the aviation industry, but suddenly quit and devoted himself wholeheartedly to the casino and hotel business. When the casino and hotel business was making a lot of money, he chose to become a movie tycoon without any warning. As May was selling and buying, he suddenly got involved in the automobile industry, spending huge sums of money to become Chrysler's largest shareholder.

He was not satisfied with becoming a shareholder. In 1995, he joined forces with the then CEO of Chrysler to launch a hostile takeover (MBO) of the original Chrysler company totaling US$23 billion. He was big enough and wanted to become the owner of Chrysler. Of course , the acquisition failed.

It was a shame that he failed to succeed, otherwise it is very likely that Chrysler would be another company he bought and sold.

But how could he just give up?

He failed to acquire Chrysler. Half a year after Mercedes-Benz acquired Chrysler in 1998, he sued DaimlerChrysler and its president, claiming that they used deception to win the merger during the merger of the two car companies, and demanded a total of up to 90 Billion dollars in compensation!

This includes RMB 2 billion in acquisition premium losses, RMB 1 billion in stock price decline losses, and punitive damages that are twice the actual losses (i.e., RMB 6 billion).

Although the court ultimately did not support his request, the defendant paid a total of hundreds of millions of dollars in fees. An even greater setback was that Chrysler's stock price dropped from more than $100 at the time of the merger to a mere $42, a market value of More than 60% has been evaporated!

This shows that he is not easy to mess with and is radical.

However, banks still like guys who play big games like this, because only such people can bring them big surprises, and it must be admitted that the results of this old gentleman's efforts are indeed quite good.

So this time, what was he going to do when he approached Feng Yiping?

Feng Yiping said nothing and looked at the door. Over there, surrounded by a group of people, Kerkorian came in from the backyard, smiled and nodded towards them, and walked towards the front door of the restaurant.

The people around him, except for a few executives of the Tracinda Group, could be distinguished at a glance. They were all bodyguards. Those tall bodyguards surrounded him for everyone outside to see. Not to him.

Unlike Feng Yiping and the others, who are also engaged in the high-tech industry and have a clean net worth, gambling has been closely related to gambling since ancient times. As casino tycoons in Las Vegas, they do have a hundred thousand needs. Please pay attention to your own personal safety.

"Feng," Cummins put a small pot in front of Feng Yiping. This is cheese fondue.

In fact, it is the same as our domestic hot pot, except that the clear or red soup is replaced by melted cheese.

There are indeed not as many types of hot-pot dishes as the ones in Datianchao Hotpot, and most of them are vegetables, fruits and breads.

Feng Yiping shook his head at Mateo, who immediately understood that there was no chance this time? So why did Kerkorian come to you so presumptuously?

Of course, it was difficult for him to ask these words. Feng Yiping shook his head at him, which fully demonstrated that today's kindness still had an effect.

That's good, there will be more opportunities in the future.

He and Luca drank two glasses of wine with everyone, and then said goodbye very knowingly, allowing Feng Yiping and the others to communicate freely.

"Feng, what's the matter?" Cummins asked as soon as they left.

Several people came together, including Sandberg.

Feng Yiping waved his hand, "It's nothing, just getting to know each other and exchanging some views."

This was a reasonable argument, and most people immediately discussed Feng Yiping's two new proposals while eating.

Only Cummins knew that was not the case, because Feng Yiping asked him to check MGM's stock price last year and now.

At that time, he was also concerned about MGM being sold again. However, Feng Yiping looked at MGM's market value and rejected it without thinking. He didn't care much after that. He only knew that Sony won. , is now waiting for approval from regulatory agencies in the United States and Europe. If it is such a certainty, does it have anything to do with me?

Soon, he saw some clues from the information he received. The current stock price of MGM was actually not much different from before the acquisition agreement was reached. It was still only 11% faster.

From such data, Feng Yiping also saw the answer he wanted. Sure enough, the market was generally not optimistic about this merger.

Because as usual, after relevant news is disclosed, the stock price of the acquired company will always rise by a considerable amount, but this did not happen this time.

Cummins was a little stunned, so he blurted out a very poor sentence, "Are they going to regret it?"

The people he was talking about were naturally referring to the acquirers headed by Sony.

But he immediately disowned himself. The deal was already done and the rice was already cooked. How could he regret it?

Not to mention the negative impact this may have on the company's image, they cannot afford the related liability.

Given Kerkorian's temper, they dared to go back on their word, and the amount they claimed might be higher than the amount they paid for the acquisition.

"He wanted to transfer his shares to me, but I refused," Feng Yiping said.

"Oh," Cummins' eyes flickered. One of the top eight veterans in Hollywood was still very attractive to him.

Especially since they have distribution rights.

But since the boss is not interested, there is nothing he can do.

Xiao Zha and the others were having a heated discussion at this time, and were discussing with Sandberg, a former employee of Google, why Google Q&A was unsuccessful.

Feng Yiping interjected, "We must realize that for a good Q&A website, profitability will generally be a problem,"

This is like Zhihu, which later became popular in China. It has style, users, and popularity, but it is difficult to make money.

"But I think this is very likely to become a killer application, which will greatly promote the development of our related services. For example, people like us who arrive in Davos for the first time, if we propose it on Facebook Which restaurant here is the most popular, I think, I will soon get help from netizens I didn’t know before,” Xiao Zha is very optimistic about this function.

"So, can search software search for these answers?" Sandberg asked another question, "If it can, obviously, fewer people will use our service, but if we close this service, It’s likely that fewer people will participate,”

"No, I think this is just a great opportunity...," Mike joined in the discussion.

Feng Yiping smiled and let them discuss it first. He asked Cummins in a low voice, "Is there any progress at Marvel?"

This was one thing that Kerkorian's proposal reminded him of.

Compared with MGM's aging film library, he feels that Marvel's new films will be very successful in the future, there are so many superheroes in its comics, and the huge popularity of Marvel comics around the world The reading group is even more worthy of your heart.

Moreover, Marvel has been having a hard time in recent years, so it seems to be a good acquisition window.

"Well," Cummins looked embarrassed, "We have contacted him several times, but we still haven't been able to meet with Perlmutter."

He's talking about Isaac Perlmutter, the head of Marvel.

"Perlmutter almost never attends public events and rarely appears in Hollywood,"

Feng Yiping only mentioned it to him once. Maybe Cummins, who had many things to do, didn't have much experience in this matter.

"Treat this as an important matter," Feng Yiping said, "first collect all relevant information, and finally, we will find someone to introduce it."

He believes that based on the people he knows now in the United States, there is really no one he wants to meet but cannot.

"Got it, I'll do it right away," Cummins said.

The boss values ​​it so much, so will he definitely acquire Marvel?