The First Thousand Four Hundred and Forty-Six Chapters Sniper Suoni (1/10)

Suini's actions have brought so much trouble to Taihua Holding Group, how could Feng Yu not fight back, how could he swallow his voice?

Although those people have broken away from the relationship with Su Ni on the surface, there is no direct evidence to involve Su Ni, but as long as you are not blind, you can know that this matter has absolutely nothing to do with Su Ni. . шщш.㈦㈨ⅹ.сом is updated very fast.

At this time, Sunni's advantageous businesses are ps game consoles, digital video cameras, digital cameras, flat-panel TVs, mobile phones, computers, music players, etc. This does not include their entertainment business such as movies and songs.

Among them, in terms of movies and songs, Suoni is also the top in the world. Only through better works can Suoni be defeated.

Sunni's former ace Michael Jackson's image has gradually declined in recent years, while Sunni's new flag-carrying singer has not reached the height of Michael Jackson.

As for movies, with the popularity of CD-ROMs, Suoni has made a lot of money with the huge film and television copyrights. Fortunately, people are more interested in new movies these days, so the profits of Suoni Pictures are gradually decreasing.

The best way is to combat Sunni's expansion. At this time, Suni Pictures is seeking to acquire MGM Films, which is the last independent production company among the eight major Hollywood film companies. The company has super IPs such as 007 and Tarzan of the Ape, as well as a large number of film and television copyrights.

These copyrights, although few people are interested in redistribution, have a great use, that is, take them out for remakes.

Feng Yu remembers that many remakes of movies in his previous life were surprising at the final box office. And Feng Yu still has some classic movies in his mind, and he also needs a powerful company to make them.

The reason why MGM declined is because the films they made only focus on the plot, not the visual effects. Going to the cinema, of course, I hope to enjoy a visual feast. As for the plot, can I buy a CD? Or go to a video site and pay to watch it?

Whether it is buying a CD or paying to watch it, it is much cheaper than a movie ticket, and because you are at home, you will be more comfortable, more free, and you can watch it repeatedly.

So now MGM's main revenue is selling CDs, but their CD production is 'handed over' to Sony Pictures, because they don't have their own CD production factory!

Suo Ni Pictures took a fancy to MGM's massive copyrights and the appeal of its veteran film company, so she planned to eat it. But in fact, Suini Pictures does not have enough cash, at least the acquisition of MGM is not enough.

Even if MGM is down and out, with those copyrights and the company's brand value, it is worth four or five billion US dollars. Of course, it is no longer comparable to the value of other companies in the tens of billions of dollars.

Suoni has recently invested too much money in electronics, such as digital cameras and digital video cameras to ensure a leading edge. For example, music player products have to catch up with aiwa. Such as the newly added plasma flat-panel TV camp, need to invest a lot of money. For example, the sales of mobile phones are declining, and investment needs to be increased. Computer sales are declining, and more investment is needed.

Even the video game consoles that they have dominated for several years have had to increase R&D investment due to the strong rise of g'Bo'x and the replacement of Rentian, and strive to launch new models as soon as possible.

So don't look at Suini's revenue last year, but if you want to buy MGM, you really can't come up with the money.

In the first two years of the Internet bubble, Suni's share price fell all the way. It has just slowed down recently, but it is still more than 30% less than when it was at its peak.

Therefore, if Suini wants to acquire MGM, it can only use financing mergers and acquisitions, which is also a very common method of mergers and acquisitions in the United States.

The acquisition plan that Suini announced to be adopted is a special leveraged buyout, that is, using MGM's assets as collateral, issuing high-risk bonds, and borrowing from banks or other investment institutions.

For example, Suoni needs $5 billion to acquire MGM,

But the real assets paid may only need 10 million US dollars, which is the power of leveraged buyouts.

But at the same time, if MGM’s business is in good condition and its assets begin to appreciate, the company will not be able to share the benefits brought by the appreciation of assets, and will not be able to receive normal operating and management income until the loans and bonds are paid off.

Many people like to buy such high-risk bonds, because the higher the risk, the higher the potential return. Sometimes a seemingly junk bond can bring a hundredfold return. Of course, it is more likely that this bond has indeed become garbage, a piece of waste paper.

This is equivalent to a gamble, some people like it, and some people keep it away. The ecstasy of success will not hurt too much, as long as there are not many purchases.

In the previous life, Suni united several investment companies, ate MGM, and then acquired MGM through a series of equity 'transactions' and other means.

This has also allowed the Suoni Films to further expand. In a short period of time, it has brought tens of billions of dollars in revenue to the Suoni Films, which can be described as an unprecedented success.

However, this is also an overdraft, overdrafting the brand potential of MGM, so MGM fell into bankruptcy again, and was eventually lost to the telescope company by Suuni.

To acquire MGM, it is not just about film and television, but also many aspects including hotels, resorts, cinema chains, and cafes. Feng Yu is only interested in film and television and theater chains. As for hotels, resorts, etc., Feng Yu has no interest at all, and plans to divest and sell them.

At this time, a person who is interested in this aspect is needed to join, such as Donald.

"Feng, you said you want to buy MGM? Do you want me to complete this acquisition with you?" There was some doubt in Donald's eyes. He usually only invests in real estate and stocks, not film and television.

"Donald, MGM is not limited to film and television, but also resorts, hotels, cafes, etc. Are you interested in these? The real estate market in the United States has been on the rise recently." Feng Yu asked with a smile.

Real estate prices in the United States are rising, and Donald, the king of real estate in New York, naturally keeps skyrocketing. Donald has a crazy obsession with real estate.

Donald's eyes lit up. There are no good real estate investments in New York recently, and investing in other places is also a good choice.

"You mean, after the acquisition, the MGM business will be split, the real estate will belong to me, and the rest will belong to you?"

Feng Yu nodded: "How is it, are you interested? You know that for hotel and other property management, our Fengyu Holding Group does not have particularly good talents, so in our hands, we can guarantee no loss, but in your hands , you can guarantee to make money!”

"Feng, when will we meet and talk about it?"

"The day after tomorrow, I'll fly to New York, and we'll have an interview!"

...

ps: Just look at the title, it's tenth update today. Unexpectedly, one of the tricks in this book, Trump, turned out to be a successful counterattack. The fourth bet with a friend and won a meal, hohohohooh~