American Scandal King

Chapter 247 Must Intercept
2 month 1 day.

The Columbia space shuttle disintegrated and crashed over Texas, USA, while returning to Earth, killing all seven astronauts on board.

This is considered the biggest headline news this year.

Unfortunately, it has no value to me.

Ian isn't yet capable of sending Butterfly to do a live interview on the space shuttle.

2 month 2 day.

On this day, a piece of major economic news spread in major newspapers such as CBS, FOX, LANN, Los Angeles Times, and the Herald.

Carr Media Group was officially split into three companies: Carr Media, Carr International and Carr Investment, which were merged into Carr Group.

Carl Investment will continue to be responsible for various investment businesses, while Carl International will be responsible for international media and establish its own cooperative media organizations abroad, including in China and Southeast Asian countries.

The company will not release shares for the time being during its development stage, but its internal news has close cooperation with Carl Media. However, at present, Carl Media still mainly provides content for Carl International, which is equivalent to taking advantage of Carl Media.

at the same time:

Ian Carr sold his 17% stake in CBS to Murdoch for $30 billion.

News Corp. bought back 130% of Fox Entertainment Group's shares at last year's price of $40 billion, actually paying $40 billion.

After taking back Fox Entertainment Group, Murdoch split up Fox Entertainment Group and merged Fox News and 40% of Sky Media shares into Carr Media.

Fox News is currently developing quite well (this is the result of Ian's investment in it), and its current valuation is over 100 billion, while Sky Media is valued at 96 billion.

So in fact, Fox News was sold to Ian at a low price of 90 billion to offset the difference in share repurchase price, and Sky Media was used to exchange equity with Carl Media.

After divesting its investment business, Carr Media now owns 100% of LANN, 100% of Fox News, and 40% of Sky, with a total valuation of approximately 221 billion.

Sky Media, which is worth 96 billion, should have a 43% stake in Carl Media. The difference is 10 percentage points, which is equivalent to 22 billion!
In addition, FOX was 32 billion cheaper, so the old man lost about billion in this regard.

But on CBS's side, the old man got the upper hand.

According to the agreement, Ian gave Murdoch the 172% internal preferred shares at a low price based on a market value of 17 billion, and also helped Murdoch lower the share price of CBS. In addition, he used coercion and inducement to allow Murdoch to take control of CBS at a lower price instead of paying a premium.

This part alone can help Murdoch save no less than 1 billion.

Ian also added a condition: grow LANN to a market capitalization of over 60 billion within two years, with no more than 34 billion invested during that time, and no dividends for two years. This meant LANN would have to grow by 20 billion through self-sustaining growth in two years. A % stake would mean a billion return, more than offsetting the initial investment. (This type of transaction isn't actually possible based on valuation, as valuations can easily lead to price disputes. Instead, it's based on user base, but that's a tedious metric, so we'll simply use valuation for this purpose.)

But if Ian Carr completes the bet ahead of time, he will have the right to buy back at a low price, or ask Murdoch to add a small amount of funds and ensure that LANN reaches a market value of more than 20 billion. If Ian can do it, Murdoch will make money.

Finally, Ian can give Murdoch some shared exclusive news and accept the entry of News Corporation executives!

This is much better than the general post-investment service. It allows you to send people to infiltrate my company!
The reason why Ian agreed to this was, firstly, because he had enough control, and secondly, because he also needed Murdoch's help - the old man was very capable, as he was able to build an industry as big as News Corporation without any cheats.

However, Carl Media developed too fast, and its internal management was insufficient and it lacked talent.

Furthermore, what Ian wanted was the influence of the media rather than direct profits, so Ian Carr took over a large number of executives from News Corporation to be responsible for the corporate operations of Carr Media... This means that although Murdoch's board of directors does not have much power, it has great control and influence over Carr Media in practical operations.

These two people, one wants power and the other wants talent, which complement each other perfectly.

It can be said that Ian’s willingness to hand over power to Murdoch is one of the reasons why the old man agreed to the deal... Otherwise, with the old man’s temper, could he make such a big concession?
Even cheating is not allowed!

The in-depth cooperation between the two groups instantly brought huge benefits to both sides.

Carl Media, which acquired Fox News and Sky, has grown from an ordinary media with a scale of 25 billion to another media giant with a scale of tens of billions in the United States. When the news came out, the world was shocked.

Then there was Ian Carr’s announcement that Carr Media would continue to work with News Corp to share news.

........................

Los Angeles.

Montecito Gaskell Villa.

It was another happy reunion of the family of four.

Little Adam is nine months old and is already crawling all over the floor.

Ian happily used his feet to tease his son, but Lena angrily stopped him: "Don't touch him with your feet." Ian helplessly spread his hands and said to Gaskell: "Mothers are different. Now she loves Adam the most, then you, and finally me."

Gaskell chuckled and said, "That sounds good. What are you going to do next?"

"What else?"

Ian sipped his red wine and said nonchalantly, "Journalism, business management, mergers and acquisitions, expansion... life can be simple sometimes... I plan to use this money for Linuo's expansion. The next step is to borrow money from Japan."

After completing this corporate merger, Ian's funds reached about 92 billion.

Money cannot be left unused; it must be spent quickly.

According to Ian's plan, Lino Bank must quickly grow into a large commercial bank. 92 billion cannot meet his requirements, so Japan is his next target.

Ian said: "How you spend the money is your business, how you get the money is my business."

Gaskell raised his eyebrows. "I used to say that to others."

They looked at each other and laughed.

Ian asked, “What do you think of JPMorgan Chase?”

Gaskell was stunned: "Are you sure?"

JPMorgan Chase was the future premier bank in the United States, creating the Morgan miracle. In 16, its market capitalization reached $23 billion, officially surpassing Wells Fargo, whose market value had shrunk due to the fake account scandal, to become the nation's leading bank. By 24, its annual profit had reached over $5900 billion. In , its market capitalization peaked at $ billion.

Of course, JPMorgan Chase is not yet the behemoth that it will be in 20 years, managing trillions of dollars in assets, but it is already a top bank with assets of around 700 billion, ranking among the eight largest banks in the United States.

In 01, JPMorgan Chase's market capitalization declined slightly due to strategic mistakes such as investing in technology stocks. However, after the merger with First Bank of America, JPMorgan Chase began to grow rapidly in 04.

Although Lino Bank now has a scale of 80 billion and manages assets of hundreds of billions, it is far behind JPMorgan Chase in terms of profitability and technological reserves. JPMorgan Chase has strong research in financial technology. It is not only a financial company, but also a technology company.

For Ian, the 700-fold growth rate from 6000 billion to 9 billion in more than years is not surprising to him, but the corresponding scale and available funds are huge.

In addition, there is another important reason, which is that JPMorgan Chase has a very close relationship with the Jews.

JPMorgan Chase's shareholders are mainly institutions, including Vanguard Group, BlackRock Group, State Street Investment Management, and Crystal Cave Capital Management.

Among them, Vanguard Group holds 8.7% of the shares; BlackRock Group holds 4.26% of the shares; State Street Investment Management holds 4.21% of the shares; and Crystal Cave Capital Management holds 1.78% of the shares - but this is all later. At this stage, they only own a very small amount of shares in JPMorgan Chase.

Vanguard, BlackRock and State Street are arguably the world's most renowned financial companies, and the number of companies they invest in and the amount of money they invest in are astonishing.

Including Apple, Google, Microsoft, Amazon, Tesla, Facebook, JPMorgan Chase, Intel, etc., they have a stake in almost all well-known American companies. It is said that they hold shares in more than 90% of large European companies.

And these three are all controlled by Jews.

Otherwise, why do people say that Jews control the media and finance in the United States?
Let me put it this way, what Ian said, "Owning 10% of the shares of American companies is equivalent to owning 5% of the United States, and I can use this as leverage to influence the United States and even the world," is actually the Jewish way of thinking.

It’s just that Jews are a group, and there is only one Ian.

Ian's advantage lies in his cheats and rebirth, but the Jews are a huge organization, and they have been around nearly a hundred years earlier than him - the cheat advantage corresponds to the group advantage, and the reborn prophet corresponds to a hundred years of historical development. In a sense, Ian and the Jews are on par.

In addition, Ian's biggest advantage is that others don't know his cards, but he knows his opponent's cards.

Now that these three companies have not penetrated to this extent, it is the right time for Ian to intercept them.

Intercept JPMorgan Chase, and then use JPMorgan Chase's funds to intercept the investment targets of these three companies. In the future, Carl Investment will be more than the sum of the three companies.

Then I'll see how those Jews can stand against me.

He smiled at Gaskell. "Yes, it's nothing more than a repeat of the Herald's takeover of the Times and CBS. My suggestion is to use the $92 billion plus the proceeds to acquire Bank One, and then, through financing and Japanese funding, merge it with JPMorgan Chase."

JPMorgan Chase has not yet acquired Bank One with a $580 billion stock swap, but has already set its sights on the bank... The news came from Finn, a company jointly controlled with Viacom.

Cut off!

Must intercept!

(End of this chapter)