I'm almost a Muggle

Chapter 815 It turns out that everyone is their own

Many times, a small thing that happens by chance may be arranged.

Pei Qianlong spent at least tens of millions of dollars to invest in this calculation.

In fact, for the sake of three million US dollars, a large number of people are willing to commit crimes. The core conflicts set in the movie are often only tens of millions of US dollars.

Under Pei Qianlong's remote control, Han Concubine's work is secret and fast.

In a very short time, the talks with MGM broke down and then completely focused on negotiations with Paramount.

This made MGM shareholders very frustrated.

Perhaps many people will be wondering why MGM shareholders want to sell.

Haven't the companies started to make profits?

In 2010, MGM was in debt of $5 billion.

Time Warner is trying to acquire $1.5 billion.

Lionsgate Pictures opened to $1.6 to $1.8 billion.

Bankruptcy reorganization, when a company is unable to repay its debts, bank creditors can force the company to enter bankruptcy proceedings to seek compensation.

Please note that the creditors filed for bankruptcy are the ones who filed for bankruptcy.

People may have a misunderstanding: I open a company and I file for bankruptcy, so I don’t have to pay back the money I owe.

Actually, this is not the case.

It was my creditor who filed for bankruptcy.

They filed for bankruptcy and reorganization. After the reorganization, my company became a creditor's asset, and my creditors divided these assets according to their creditor's relationship.

For example, I originally accounted for 100%.

If there is 90% of the debt assets, then my share will be 10%, and the other 90% will become the share of the creditors.

MGM is similar.

Under MGM's bankruptcy restructuring plan, $5 billion in debt will be written off. In exchange, former MGM creditors, including Carl Icahn, will acquire about 95% of the reorganized MGM company, Carl Icahn will receive a board seat, independent production company Telescope Entertainment will receive about 5% of the shares. At the same time, two executives of Telescope Entertainment will serve as co-executive directors of MGM.

In other words, these current major shareholders of MGM are not willing to be this major shareholder.

It took him five billion US dollars to become a major shareholder.

Five billion dollars seven years ago were more valuable.

Most of these creditors are investment banks and capital, how can they endure a profit of $100 million or 200 million per year?

This is a lot of people who have divided the $200 million, and some of them need to be left to develop the company.

Therefore, MGM is exposed to various capital every year. The major shareholders want to escape. They want to be free and want to use money to create wealth myths.

Instead of rotting with MGM, the once glorious film myth.

But the change in form left them at a loss.

He turned his head straight for Paramount with clear goals.

People don't want us anymore.

What a reserved fart, what a proud fart.

I regret it so much that my balls are green.

According to their various investigations and tips, this Chinese capital is not playing hard to get, but is actually negotiating with Paramount.

Why?

Why would you rather buy Paramount for $10 billion than buy us MGM for $8 billion.

We compare with them...

It seems that it is not as good as it is.

A group of major shareholders gathered in a mansion in Beverly Hills, Los Angeles for a whole night of meetings.

"I can't stand it, gentlemen, what do we have to do?" a small man with glasses shouted maniafully.

He was Mr. Malton of the board of directors, a bankrupt banker, and later formed a small venture capitalist to drink some leftover soup with the big guys.

Unexpectedly, I was tied to the broken MGM ship and couldn't get off.

Moving from his mansion in Santa Monica to Silver Lake where the middle class gathered, he was eager to cash out MGM and get his money back.

His share of MGM is about 2.6%, but if he only sells $5 billion and can get $130 million, he will become a billionaire again.

Instead of living a "hard" life with one or two million dividends every year like now.

People like him accounted for the majority of the people who attended today.

"Mr. Moulton, I understand your mood, but please be calm." The gentle voice of the co-CEO Gary Barber recalled, successfully comforting most people.

After everyone calmed down, he turned around and asked, "Mary, what's going on over Paramount?"

CEO Mary Palent was a little frustrated: "They talked well, and Paramount didn't plan to sell it at the beginning, but the conditions for those Chinese people were too good."

"Damn Chinese!" Moreton let out another shout, but as Gary Barberwin looked at him, he quickly lowered his head.

Carl Icahn, the company's largest shareholder, did not come, and Gary Barber was the one who could be the leader.

It is said that Carl Icahn was hit by a little boy riding a mountain bike a few days ago.

"What conditions did they give?" Gary Barber asked.

"The acquisition price is said to have been opened to 10.3 billion..." Mary Palent obviously had a suspicion in Paramount, and his position was not low, and he even knew the specific acquisition details.

But her words were quickly interrupted by the Moulton again, and the bankrupt banker screamed and said, "Oh my god, 10.3 billion, what is the damn Jimmy waiting for?"

"Jimmy is just the CEO. He has no right to sell Paramount, Mr. Morton. If you say one more word today, I will have to invite you out." Although Gary Barber was still gentle, Morton closed his lips and shook his head, not daring to say another word.

"In addition to the acquisition price, they promised to keep the existing team running, and would give at least $2 billion a year, invest at least ten movies, and they would give 10% of the profits to the team..."

In this banquet hall, many people's breathing became heavy.

Chinese people are so rich!

Who is saying that people can’t afford tea eggs?

"I think Paramount may be tempted. China's acquirers have the most powerful distribution system in China. Their total box office last year exceeded $2.5 billion." Mary Palent's voice was full of seduction.

Some of the people present today only care about how much they can earn, while others care about their careers after being acquired.

And all of this can satisfy them by the capital from China.

But sadly, the current goal has become Paramount.

"Gentlemen, ladies, we have to do something." Gary Barber looked around.

Morton trembled all over excitedly because he had said this sentence just now. Unfortunately, Gary Barber didn't let him speak, so he could only cover his mouth tightly.

"It's hard for us to encounter such an opportunity again. Zheng Ce from China has tried to ban them from acquiring overseas assets. Whether it's Neon or Los Angeles' men, they will no longer spend a penny for us."

Gary Barber was like a priest, with his hands in his hands, and his gentle eyes were filled with the light of wisdom.

"We can lower the price appropriately. Gentlemen, if you miss this opportunity, you may never get your money back."

CEO Producer Ms. Mary Palent opened her mouth wide in surprise.

Why did she think Gary Barber had been bought?

This feeling is so strong.

But she would never stand up and expose Gary Barber, because she had been bribed long ago.

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