Chapter 753? Breaking Into the Inner City

The conditions for injecting capital into the Inner City Broadcasting Company had already been negotiated at the beginning of the month. Dingkins and the others had been worried about changing their minds. It seemed that it would be a torment to delay for a few days. Today finally came the day of the official signing, and he agreed on the spot with great pride. In order to join the OmegaPsiPhi brotherhood, the old man was so happy from ear to ear.

"Mr. Sutton, Pierre, Dorothy..."

In the afternoon, he and Dingkins appeared in the big conference room on time. All seven members of the board of directors of the Inner City Broadcasting Company present were present, including four of his own, exactly eleven.

Among them, Percy Sutton has a seat as the chairman, former New York Mayor Dingkins' foundation agent, Dorothy, the first African-American female TV station owner, and Congressman Rangel's foundation agent One seat, one seat for New York State Comptroller Herman McCall's agent, one seat for the representative of the American Jazz Foundation. One seat for the joint representative and one seat for the company's trade union representative. These six seats belong to the donkey party blacks.

The remaining seat belongs to the New York City Hall, and the representative is a black elephant party.

"Billy Taylor has a close relationship with Russell Simmons, and the African-American director representing the New York City Government is an opponent of all issues, and the others are neutral. Dorothy's TV station, your A+CN, has capital injection, and it is no accident that she and Ding Jin Si will support you, and Rangel, if you hold these three votes, maybe you can add one vote from Herman Rankauer, and you will definitely win the re-election of the chairman at the end of the year."

Although the matter of the capital injection was brought up before my wedding, and people who should have known about it after a few months had passed, both parties to the transaction did not want to be too high-profile. No reporters or outsiders were invited to the signing of the capital injection. With these director representatives, the rest are the general managers of the various radio and television stations under the Inner City Broadcasting Company.

The relevant personnel present on Song Ya's side included Alicia, who was in charge of the legal affairs of the capital injection case, Samuel, who was in charge of accounting affairs, Dr. Chen from A+ Venture Capital, his assistant Linda, and the legal counsel of A+ copyright and asset management company Gude who was in charge of paying the money. Man.

Of course, political consultant Sloan is indispensable. She dutifully introduced in Song Ya's ear: "Persy Sutton will not resist herself, on the condition that Pierre Sutton continues to manage the company as the general manager until the end of 1999. That's it."

"Well, good work, Ms. Sloane."

Song Ya praised her and sat in the center of the conference table. Alicia on the left handed over the signing documents with a blank expression. What kind of fun is it to play with hooking feet under the table quietly like that.

"Thank you, Alicia."

Song Ya took the document and looked at it carefully, 28 million capital injection is no problem, 32% of the shares is no problem, and the rest of the rights related to spin-off, sale or shutdown are all available, but not full power Yes, whether it is Dingkins, Rangel or the Sutton family, it is absolutely impossible for them to tamper with their core radio stations or branches with political sponsorship.

"Well, no problem..."

Alicia has done a good job. She is far less experienced than Goodman or Hamlin, and she is not as strong as Will Gardner and Diane Lockhard. field, but she has her own law firm, and she can leave the specific matters she doesn't know to her subordinates for help. In a way, she is still a rare honest lawyer now.

"The more than 10 million loan from the First Bank of New Jersey is due in October...you have two options."

Samuel, vice president of customer service of Yongdao, also handed over a document.

The conditions that Underwood promised last time are still valid, that is, to replace this loan with a low interest rate... It is not considered a low interest rate anymore, a new loan that is slightly lower than the normal level,

But the condition is to provide a personal guarantee, and the other option is naturally to pay back the money.

"Pay it back."

Now that she has plenty of cash, Song Ya is too lazy to talk nonsense with the bank that took out her loan.

"Then you have to inject 28 million directly this time." Samuel reminded.

"Goodman." Song Ya looked at Goodman.

"This is the relevant document for A+ copyright and asset management company to undertake the investment." Goodman also handed over the document.

"So where do we begin?"

Song Ya smiled and asked Pierre Sutton across the conference table.

"I've been waiting for this day for APLUS." Pierre Sutton was naturally willing to exchange documents with the lawyers of the inner city broadcasting company.

The things that have been negotiated, and several creditor banks of the Inner City Broadcasting Company are waiting next door. The two sides re-examined and began to sign the formal capital injection documents. In the conference room, only Song Ya and Pierre The rustle of writing.

The capital injection into the inner city plus the service fees, consulting fees, and working hours taken by Alicia, Sloan, and Yongdao totaled more than 32 million. The open market held 20 million SUN stocks, and the A+ venture capital approval Ten million, exactly the money that could not be used to "tray" Netscape, A+CN has already spent several million, including the one million invested in Dorothy TV, plus him and Mariah Carey The couple's extravagant spending this year has shrunk the 100 million in cash.

Oh, by the way, 3DFX may have to make up for it. The donations from politicians that need to be given at the end of the year are not enough to rely on their own two foundations alone, but they should not exceed too much.

Song Ya reckons there are still ten million left? It is best to throw it out before the end of the year, and pay less tax next year.

The relevant personnel of both parties signed all the documents, and then exchanged and continued to sign.

"call!"

Pierre Sutton breathed a sigh of relief after signing the last sum, and the meeting room immediately burst into warm applause.

"Thank you, thank you everyone, we will be a family from now on."

Someone opened champagne, and the general managers came to clink glasses with the new boss.

"Congratulations to APLUS, you have broken into the heart of the world." Dinkins also toasted and laughed.

It is no surprise that Manhattanites consider themselves the center of the world, "Thank you, Mr. Dinkins." Song Ya was also very ambitious when complimented by the former New York mayor, "We will run it well together."

"Take a break first, and then we will meet the people at the bank?" Pierre Sutton asked.

"Uh, just leave the specific affairs to Alicia and the others."

Song Ya didn't want to see the people from the First Bank of New Jersey again. The inner city broadcasting company was also cornered by their high-interest loan of more than 10 million to some extent. Of course, there were other creditor banks. Wait for your own The 28 million will basically be spent on repayment, or part of the repayment will be used as a condition to replace it with a low-interest...relatively low-interest new loan.

"Don't worry, it's all settled." Alicia also laughed. Song Ya still has no hope of making a profit after the deal is completed. Instead, her law firm has already made a lot of money. It's no wonder that she is in a bad mood. Besides, I was fed again last night.

"Please allow us to chat in private first, Alicia."

Song Ya tilted her head at Alicia and led her out of the conference room.

"When will you change your office in Chicago?" The two came to the corridor, and he asked questions while looking at the suitable space for the New York head office.

"I'll change it when I get back." Alicia looked forward to it. "I've already picked up a place. There's a corner office there with floor-to-ceiling glass..."

"APLUS."

At this time, Sloan followed, "Welcome to join? Or do you two have something to talk behind my back?"

"Uh, of course welcome, how could there be..."

Song Ya glanced at Alicia who lowered her head and sipped her wine, "After this matter is over, you can go back to Washington and help me..."

There was no sign of being discovered from Sloan's demeanor. Song Ya chatted with the two professional female elites for a while, and Pierre came to greet them, so he put them back and negotiated with the bank.

"Your wife just got on the plane in Los Angeles."

Linda came over to remind her that she seemed to have arranged eyeliner in Malibu.

"Really, if you don't call in advance, do you still want to catch me?" Song Ya whispered guiltily.