American Fortune Life

After the fashion show, Ivana, one of Chanel's advertising spokespersons, attended the celebration party, which was undoubtedly very boring for Andy, and Ivana will soon be listed because of her own brand. Future contracts After the expiry, Chanel will not be endorsed.

Therefore, the two showed up at the reception and greeted some acquaintances before choosing to leave. During this period, Andy and Ivana talked with Chanel's president of Asia and Mr. Zhou.

Zhou Gongzi was shocked by Andy's Mandarin and understanding of the rabbit country culture, and also left a deep impression, which made her sigh with some of her friends for a long time after returning home.

"boom!"

"Shet!"

In the conference room, with Andy clapping the table in anger, after angrily swearing, everyone looked down and pretended not to hear the boss's dirty words.

Andy calmed down his evil fire and directed the documents in the hands of Li Xiaoying, who was in charge of the acquisition of Newsweek, as Catherine flew to Washington for negotiations. "Emily, are you sure you're not mistaken? The buildings belong to Newsweek? "

"No problem, boss. It's just that this building has a history of nearly 60 years. In 1998, it was mortgaged to the bank by the Washington Post Company for 315 million. Except for 200 million, it was reserved for Newsweek. Branches, acquired some sub-issues, the rest were taken away by the Post Group, and the loan will expire next year. "Li Xiaoying replied affirmatively.

"Damn, that's the Skyscraper, sixty or seventy-story high, and it only borrowed more than 300 million points?" Andy was a little speechless about this.

"Oh, boss, the valuation of these buildings at that time was fine. At that time, the price of the helsea building at 111 Eighth Avenue in Manhattan was only $ 300 million ..."

Andy glanced at the a little awkward Arvitelle, okay, he was a bit excited, although I remember that the previous week bought the stalk of "Newsweek" for $ 1, knowing that things will not be so simple, now it is on his own head , Sure enough, every trouble has appeared.

"That is to say, I now buy 315 million plus one dollar for Newsweek and a 60-year-old skyscraper?" Andy said, looking down at the numbers on the documents in his hand.

"There is also bank interest and the loss of the newspaper ..." Li Xiaoying added.

Andy looked up, glanced at her with resentful eyes, turned his head to Al and continued to ask, "What do you think?"

"At present, the boss, if you take over the" Newsweek "mess, it will definitely make a lot of people fool, but you must not forget that the location of the Newsweek building is in Manhattan. Even if the real estate bubble bursts and housing prices plummet, New York The housing prices in the Upper East Side will not change much, and there may be a small upswing against the market.

I really didn't look down on this newspaper before. Now I think that the boss we need to determine the acquisition as soon as possible without having to worry too much about the 100 million US dollars drawn by the Post, because this building will definitely give the boss several times. s return! Arvitelli opened the folder in his hand and began to articulate his point.

"Basis!" Andy asked.

"After learning about this situation, the think tank collected data overnight and made these two charts ..." Al took out two charts and gave them to the assistant, and then someone quickly closed the curtains, turned off the lights, and turned on the slide projector.

"This is a chart of office buildings in the Manhattan area from 1997 to 2004. After 1997, the technology stock bubble represented by NASDAQ boosted the prosperity of the capital market, the demand for office buildings by financial institutions increased sharply, and office prices It peaked in 2001 and did not start to adjust significantly until after 9/11, reaching a bottom in 2004.

Next, factors such as the continued expansion of the Federal Reserve's monetary policy have driven the sharp rise in real estate prices in the United States. Those who are sitting know what will happen in the future, but for now, the price of office buildings has reached its highest point. I think when the crisis comes, it will come to an end, but everyone, the annual rent of office buildings has now reached $ 69.58 per square foot, and the vacancy rate is only less than 5.3%!

As the central city of New York, the world's largest city, the office market in Manhattan has higher maturity and stability than other markets in the United States, and even globally. It is prominently characterized by low vacancy rates and rapid recovery during fluctuations.

Boss, I can guarantee that even if the crisis breaks out, the rent of office buildings in Manhattan will still return to the current price in two years and at the latest three years later.

Take the helsea building just mentioned as an example. It sold 300 million U.S. dollars in 1998 and its asset evaluation in 2004 has reached 800 million U.S. dollars. It is also a building with decades of history. I believe the value of Newsweek Building will only be High but not low! "

Andy narrowed his eyes, looked at the data on the screen, and waved his hand. Someone immediately turned off the machine, opened the curtains, and looked at Li Xiaoying.

"If you don't investigate the 115 million US dollars, this acquisition will be no problem at all. The Post Group is now in urgent need of wanting to get rid of this burden. By contacting me, I found that the post's authority has no influence on the future of the newspaper industry. I do n’t have much confidence. I ’m more concerned about operating the post in a contracted state, and I ’m too cautious. What I see is an old-fashioned newspaper group. ”

In fact, Li Xiaoying had nothing to say. She even felt that Catherine did not like to run newspaper publishing at all. She was forced to take over for the sake of the power of the family industry. She could even guess the final destination of the Post Group. Will undoubtedly be changed hands.

"That being the case, in case something unexpected happens, let's prepare. We will fly to Washington in the afternoon, and Al will inform Jon Mitcham, Tory, and call for a private jet ..."

Now that we have made a decision, naturally we ca n’t drag the water, Andy wo n’t let the ducks fly, and start to divide the work. Little assistant Tory twists his hips, picks up the minutes, and quickly walks out of the conference room to the airline Went on the phone.

After the meeting ended, Andy returned to the office, took out his cell phone, and called Ivana over.

"Hey, go home and pack your luggage at noon. You need to fly to Washington with me. Let's go back to the specific thing. You can arrange work. You may need to stay in Washington for a few days ..."

Hang up and sit on the boss chair, Andy playing with the mobile phone in his hand, thinking.

After the signing of the acquisition agreement, this is just the beginning. Newsweek has been maddening the Washington government for several decades, especially watching the White House for various issues, and it has also become the object of major suppression by Washington. This is understandable. .

But now that Andy Smith has taken over Newsweek, naturally this situation will not be allowed to continue. Although he will not completely subvert and change the news concept of Newsweek, he will not let it and the general The relationship in Washington is so upset.

He needed the help of his family and his grandpa to break the deadlock. Thinking of this, Andy picked up the desk phone and started dialing.

"Good morning, grandpa, did you bother you? Is it convenient for you to speak now?"

Old Smith, sitting in his office in Congress, said with a smile: "Your boy, you'll never call me if you're fine, let's say, what's wrong?"

He waved his hand and let the assistants in his office leave, walked around the table, and sat on the comfortable boss chair.

On the face that was still smiling at first, the smile was suddenly stagnant, and he was a little surprised to confirm: "Andy, what are you saying is true? At this point? It's time to sign the contract ... Good job, very good job! This It's a big surprise, good, let's say, what do I need to do with Grandpa ... "

Hanging up the phone, the smile on Old Smith's face became even brighter, and his grandson became more and more pleased, pleased, and his mood became extremely comfortable. To be honest, the news of Andy's acquisition of "News Weekly" told him this The party whip was an unexpected big surprise.

A thorny media with huge global influence will soon belong to the Smith family. This is undoubtedly great news. As an old political family, although it also controls some shares of newspapers and television stations, it is not itself. Family, and since the Smith family for so long, there are really no talented juniors in business. Except lawyers, doctors are artists, let alone the media industry.

Now Andy not only has achieved great success in business, but also has a huge influence and right to speak in the media and publishing industry. It takes less than a year for a 22-year-old child to reach this level, which is also worldwide. Rarely.

At another moment, Old Smith even wanted to break the tradition and put some family resources into the hands of Andy, but the family credo for hundreds of years let him suppress this impulse, which is related to the family heritage, this kind of thing is not him One man has the final say, he also has brothers.

"Not in a hurry, not in a hurry, look again, maybe the position that your family has never wanted to go to, can also consider ..."

Looking at the family portrait in the picture frame on the table two years ago, his son Allston and Andy with a gloomy expression stopped his eyes.

After groaning for a while, Old Smith reached out and pressed on the answering machine, "Let David come in."

Soon a middle-aged man who was about 1.8 meters in height and looked a little thin and a little bit of Xie Ding knocked on the door and walked in.

"Mr. Smith, are you looking for me?"

"Sit, David, how many years have you been my aides?" Old Smith looked at his eye sockets slightly, and a pair of big eyes flashed the bright light of David DeHelly.

"It's been 8 years ..." David replied with a little doubt as to why he was confused.

"Eight years, haha, David, haven't thought about changing your job ..."

David looked at the cigar lightly, and smiled at his old Smith with a smile.