hollywood billionaire

Chapter 37 Acquisition Confirmation
"We have signed a cooperation letter of intent, and the M&A memorandum is being drafted. The legal teams of both parties will draw up a formal equity acquisition agreement according to the specific information in the memorandum. At the same time, the due diligence team has also started work in UTA Plaza. The other party is very In cooperation, with the help of Meritor, whether it is a copy of the shareholder agreement, the historical bad debt experience in the past five years, or the organizational structure chart and manpower staffing chart, they are all prepared in detail. It is estimated that the whole process should not take two weeks. It can be completed... Generally speaking, this cycle is 30 days."

After taking the mint tea from Johanna, Han Yi silently said thank you with his mouth, stared at the iPad in front of him, and continued to listen carefully to the description on the other end of the phone from Douglas Le Pen.

“How did you get them to accept 41 percent for $1.9 million? I heard they were obsessed with how much they raised.”

"Yes, that was the biggest disagreement between us... It started with the evaluation and analysis team, then Vincent flew over and talked for four days, and finally it was my turn. I have to tell you, Mr. The $2 million figure was really, really sticking. Not just for development, but for better PR. '200 million would make our narrative easier,' that was their rationale."

Douglas Le Pen on the other end of the phone laughed a little hoarsely. The 63-year-old man no longer had the energy to stay up late at night. The long-distance flight across the east and west coasts and the less intense negotiations had already made him look tired. attitude.

“But we finally stood our ground. After all, relative to their EBITDA margin, any offer above $2 million was unrealistic, and they were unwilling to give up more equity.”

"41% is a number I feel comfortable with." Han Yi has no objection to this. What he needs is to become a pivotal investor who can exert influence on the general direction at any time, instead of driving the management team away and making decisions on his own. Mount the knife.

"Yes... They are very urgent to complete the acquisition, and very much hope to announce the acquisition before the end of March. That's why they sent the press release before the letter of intent was signed."

"I replied to the final version by email the day before yesterday, no problem." Han Yi called up the draft and read it again carefully. There were only a few hundred words, and it only explained the fact that Parkway Capital and Han Limited acquired part of UTA's equity.Even so, it took four or five email exchanges before the final draft was finalized.

One of the key revisions is to change Han Limited to Han Capitals.

This is the capital management group that Han Yi wants the public to know in the future.

A draft can be reviewed by Han Yi himself, but when various affairs become complicated in the future, the family office also needs at least one full-time public relations manager to keep his energy from being distracted.Therefore, the recruitment plan for this position was also included in Han Yi's already packed schedule.

"What about our payment plan?"

"Pay 70% on the first day of signing the agreement, and the other 17.5% will be kept in our LP as an escrow fee. After 12 months, if UTA does not violate the agreement, we will pay 70% of it. After 24 months, it will still be 30%. If the agreement is fulfilled faithfully, then the remaining 12.5% will also be paid to them. Most of this fee will be used as an incentive for the original board of directors, which is the ratio we have negotiated. Finally, 12% ​​will be reserved for the key Employee incentives, within 2375 months, as long as they can complete the established revenue targets, they can get a collective bonus of [-] million."

"So the $2375 million will be calculated as LP compensation, right?"

"That's right. Mr. Han, this payment plan is only a preliminary intention, and we can make adjustments before the formal agreement is signed."

The old man is very smart.

Hearing Douglas Le Pen's plan, Han Yi couldn't help but slander. 70% of the Day One down payment is about 1.33 million U.S. dollars. Then, the funds needed for the current acquisition are fully borne by the 1.4 million U.S. dollars that I put on the table. Parkway Capital will only need to pay 12 million after 2327.5 months Incentives from the board of directors, plus a collective bonus of 2375 million.The final final payment of US$997.5 million will be cashed after two years.

That is to say, although Parkway Capital has promised an investment amount of 5000 million US dollars, in fact, it does not need to pay a penny within a year.The management fees and dividends accumulated from other projects in this year, if you distribute some casually, it is enough for this project to operate.

Although he doesn't care about this detail, and even Han Yi hopes to spend his own funds first, because in this way he can get the reward as soon as possible, but it is not difficult to see from this incident that he quickly cultivated his confidant forces and brought the family The importance of the office actually running.

I thought I had done enough and detailed enough, but now it seems that I am still far from being fully prepared.

After the reflection was over, Han Yi quickly cleared up his mood and returned to an optimistic track.In any case, at least the acquisition is close to close.

According to UTA’s public relations plan stated in the email, today and tomorrow, industry magazines such as Billboard, Rolling Stones, NME, MusicBusinessWorldwide and Mix and their affiliated websites will first publish the initial news of the acquisition, and then Variety, Entertainment Weekly and the Los Angeles Times. It will also push this news to a wider audience.

His own name was finally about to appear on the topic table in Hollywood.

Han Yi, who was in high spirits, decided to practice the fitness plan that he had repeatedly mentioned many times from today.Although he hasn't found a personal trainer yet, it doesn't prevent him from changing into his sportswear and going for a mountaineering jog.

The gentle mountains of Bel Air and the magnificent panorama of Greater Los Angeles from the peak are the best boosters for running enthusiasts.

After not exercising for a long time, he showed his body as soon as he moved. At the beginning, Han Yi was able to follow the rhythm of Electro House in the earphones at a constant speed. After ten or twenty minutes, his leg muscles could not keep up with the swing, and he began to sing about the strike.

"This is too false."

Han Yi took off his earphones, leaned over, panting heavily.

Too bad I didn't even bring water.

Don't pretend to be aggressive next time, obviously there is a gym at home.

"Looking for this?"

Just at the moment of Han Yi's annoyance, a familiar voice suddenly sounded beside him.

Han Yi tried his best to look up, and the well-equipped Korean girl Zhao Youzhen looked at him with a smile, and handed him a black sports bottle.

"Thank you, ah...need it so much."

Han Yi raised his head, and while being careful not to touch the spout, squeezed some clear water into his throat, only then felt his burning chest ease a bit.

"It looks like you've been running for a long time."

The arc of Zhao Youzhen's mouth was raised a little bit.

"Run here from Southern California?"

"I'm not The Flash." Han Yi shook his head and laughed a little bit ashamedly, "Believe it or not, I just came out of the house and ran for 10 minutes."

"I've never seen you here before...Hey, keep up." Zhao Youzhen started to walk again, turned around and waved to Han Yi, "If you want to invite me to dinner, you can directly send WeChat."

Zhao Youzhen made a joke in Chinese, the flashing eyes should not be brilliance, but gravy.

"Still eating, don't you want to lose weight?" Zhao Youzhen deliberately slowed down his pace so that Han Yi, who had a short rest, could follow easily. "By the way, did you gain weight when you came back from New York last time?"

"No, it didn't increase by a catty." When Zhao Youzhen mentioned this topic, his tone became a little high, "It may be that there is indeed a problem with the metabolic system, and it doesn't absorb much."

"Doesn't that mean... you can eat whatever you want in the future?"

"Hey, I don't know." Han Yi never expected to hear such a mischievous chuckle from Zhao Youzhen, "But if you match it with reasonable exercise, it should be fine."

"Running up and down the mountain every day is a reasonable exercise?"

"This is just a part of the weekly training plan, come every other day." Zhao Youzhen pointed to the winding mountain road in front of the two, "There are also exercise equipment in the gym."

"How much time do you spend on fitness each week?"

"I will take a break on Sunday, but basically I will guarantee [-] to [-] hours."

No wonder.

Han Yi looked at the girl's curves that might make most Victoria's Secret angels ashamed, and nodded.For things like stature, half depends on talent and half depends on hard work.The talent is not good enough, no matter how hard you try, the lines you practice will not have much beauty.

Zhao Youzhen is obviously a combination of both, wearing a black Under Armor sports jacket on the upper body, and black Lululemon leggings underneath. Except for the hands and neck, there is almost no skin exposed on the whole body, but even so, it can make people Han Yi, who claims to have excellent concentration, was almost fascinated by it.

"Aren't you hot?" Han Yi hurriedly found a topic, lest his eyes be noticed by the other party, "Wear so much?"

"I don't sweat easily, so I can only do this to ensure normal results."

Having said that, Zhao Youzhen suddenly paused, and then looked back at Han Yi.

"By the way...you really didn't come to see me for dinner?"

"...you can eat it." Han Yi held back his smile and put on a serious face, "Will you come to my house to eat?"

"Korea Town? Okay." Zhao Youzhen tilted his head and thought for a while, "Did you drive here?"

"No, my house is not far from here, and I can get there later when I go down the mountain."

"I can walk over, but I don't think you can."

"Don't look... well, it's really not working. Take a break here?"

"Come on, don't relax, there are still two miles to go."

After running with Zhao Youzhen to the vicinity of the Shixia Reservoir with all his strength, Lu Hanyi, who was descending the mountain, really didn't have the strength to run.However, Zhao Youzhen seemed to be looking forward to the upcoming trip to Koreatown, and even the dimples when he laughed were much deeper than usual, so he did not strictly implement the training plan, but walked and chatted with Han Yi, and walked slowly down.

It was close to eleven o'clock, and Han Yi, who was almost desperate, finally saw the sign of Stella Della Road.

"finally reached."

Han Yi pressed the sensor, put one hand on the privacy fence, raised the other hand slightly, and made a gesture of inviting in towards the door.

"Welcome as a guest."

"Welcome home, boss... Hey, Miss Zhao!"

Fei Yamu, who was walking towards the gate, showed a kind smile that didn't match his huge figure, and waved to her.

At this moment, Zhao Youzhen couldn't help being stunned and aphasia even if he remained calm.

That day, he drove up the mountain... so he really came home?
During the few days together in New York, Zhao Youzhen has been able to confirm that Han Yi comes from a wealthy family environment. After all, Mandarin Oriental's park view suite and Delta One's first-class seat are not something that any international student can easily afford.

But there is still a huge gap between a wealthy family and being ridiculously rich.No. 864 Stella Della Road is obviously closer to the "unreasonably rich" half of the spectrum, and the index has even exploded.

"I've always been telling the truth, you thought I was just joking." Zhao You was really surprised that he didn't need to observe carefully. Han Yi turned his head and smiled as he walked into the room, "Come on, I'll let the chef cook what you like." taste."

"but I……"

Zhao Youzhen looked down at his sweat-soaked sportswear, hesitant.

"Eleven bathrooms, six of them have never been used, and two of them I can't find where...Come on." Han Yi waved, "We have prepared different clothes for different situations, right, JJ? "

At noon today, only Johanna Janssen, Feamu Derwig and Bobby Lewis are on shift.

"Yes ma'am."

The red-haired Dutch girl gave a warm smile.

"We have everything you need."

Twenty minutes later, Zhao Youzhen stared at himself in the boundless mirror with a dazed expression.

This is one of eleven bathrooms at 864 Stella Della Road that has never been used.From the tissue box in the sink, to the marble wall in the shower, to the beige chandelier on the ceiling, the Fendi logo is engraved.The size of a bathroom is enough to match the size of the bedroom she rents in Atrium, and Atrium is already one of the most luxurious apartments around UCLA.

What's more exaggerated is that the south side of the bathroom is composed of two transparent floor-to-ceiling glass, with a slight push, you can reach the external terrace.

That's right, this bathroom has a terrace for bathers to rest, leather sofas, exquisite potted plants, and even a 4-inch [-]K TV.Outside the terrace, you can see the unobstructed skyline of West Hollywood and Century City. If you look out a little, you can see the bustling crowds of Santa Monica Beach on the right.

The infinity swimming pool and suspended staircase are just the appearance of luxury, and the precise control of the Bel-Air lifestyle by design master Paul McLean is fully reflected in these subtleties.

The hair on the front of the forehead has not been completely dried, and the body has been replaced with a brand new unpacked Jil Sander shirt.The medium-sized black shirt was slightly loose, but it only tightened the chest, making Zhao Youzhen's breathing a little sluggish.

Of course, there is another reason for the hysteresis.

A few minutes ago, she had just stepped out of the shower and noticed the mobile phone screen on the sink.

There is only one push, which comes from the Billboard magazine mobile app that she subscribes to every month as a music lover.

[Business News - UTA gets cash infusion from new investor]

【亚历桑德拉-斯泰格拉德，2016年3月28日，11:11am】

(End of this chapter)