American Fortune Life

As soon as the loan arrives, Liberty City Investment Company will take away 2 billion of it, and the remaining funds are naturally prepared for the acquisition of Marvel Entertainment.

It's just that Andy can't spend Disney's original price of 4 billion yuan to acquire Marvel, and the value of each share has reached more than 50 dollars, which is crazy.

Of course, I missed the price of cabbage at the time of the bankruptcy in 1996. Now no matter what the price is, these shareholders will now make a profit. The main thing is that the current economic environment and the current Marvel load rate are all important to Andy's next. The acquisition has a huge advantage, and because Marvel has not broken the iron and steel shooting of "Iron Man" yet, in its current form, Marvel is still the type that has just ended its lingering suffocation, holding resources in its hands, but no one Reasonable situation.

After the loan was completed, the people on both sides were busy with various subsequent fund transfers, and Andy and Lewis came to the office.

Lewis took the Havana cigar that Andy handed to himself, and after waiting, he waited patiently for the amazing young man who would rise up like a legend.

"Lewis, remember what I told you before, will your sincerity bring you unexpected gains?"

Lewis could not help but brighten his eyes, looking at him with a smile, Andy holding his cigar in his fingers, holding two bottles of red wine and pouring red wine, Andy asked eagerly: "Of course! I have been expecting you to keep me secret Is that time ripe for that big plan? Yes, now your net worth is ... Oh, Mr. Smith, wouldn't you just have so much money for that big plan? "

Andy smiled and handed the red wine to Lewis, who was already in a state of panic, shaking his head and saying, "Not all of them, but the funds needed are not a small amount. Most of my funds have other places. This time, I hope you Bank of America will work with me as my ally. "

Lewis heard some hints in Andy's words, knowing that this cooperation may have certain risks, but thinking of the legendary attributes of the young man in front of him, he almost watched him use it for almost a year. Crazy speed gathers wealth.

To say that something like Andy Smith needs to plan for such a long time, there is no huge benefit in it, the fools don't believe it. Since they have tasted the sweetness behind Andy, they will naturally not let go of any opportunity easily.

"Your goal is ...?"

"Marvelis—Marvel Entertainment Group!" (Although it will be officially renamed in 2010, everyone is still used to Marvel's name.)

Lewis didn't have any surprised expression this time. He had made a mental preparation before, but felt that this was taken for granted. Not this company, Andy Smith would not be so cautious.

"Marvel ... some time ago they contacted our bank and hoped to use the images of 10 famous cartoon characters under their mortgage to finance us to recover the copyrights of some of the core characters previously sold, but because the amount of funds was not negotiated, eventually They chose Merrill Lynch and borrowed a total of $ 525 million from Merrill Lynch. "Lewis frowned slightly and told Andy what he knew.

"In this way, Marvel's debt ratio is not low, and it has a strong desire for funds." Andy's understanding of Marvel is also limited to superhero comics and movies. The company's specific situation, his own think tank is collect.

"I don't know how we can work together?" Lewis is more concerned about how much benefit the Bank of America can get from this plan, which is directly related to whether he will participate in the decision-making in this plan. After all, he is only an executive, not on the board. Big brothers.

"I hope your bank can be my partner and let me use the leveraged buyout method to acquire Marvel Entertainment Group!" Andy smiled confidently on his face, leaned his entire body on the sofa, adjusted a comfortable sitting position The cigar was smoky, but a pair of eyes became extremely bright and bright.

Lewis' pupils narrowed slightly, his brows frowned, weighing the pros and cons. To be honest, he didn't understand the true value of Marvel, but he knew that the minimum amount of money to acquire Marvel would also be around 2 to 3 billion U.S. dollars. Andy Smith is fully capable of completing the acquisition alone, but now wants to pull on Bank of America, that is to say that he does not want to waste money on this acquisition, and he has enough confidence that Marvel will be in his hands. To maximize benefits.

Doesn't he doubt Andy Smith's ability, how many people now dare to doubt Andy's ability to make money? Nima, almost turning into a rock and gold.

The so-called leveraged buyout is also referred to as a highly debt-based buyout method. It is a type of M & A activity that uses a small amount of its own funds to collateralize the assets of the acquired enterprise and its future profitability, and raises some funds for the acquisition.

"Mr. Smith, how much of your own funds are you going to use as the basis? How much of the acquisition funds are you going to raise from our bank? How do you ensure that the company's income after the acquisition is sufficient to cover the high proportion of liabilities arising from the acquisition?" Lewis was very serious, The question he asked was the answer he had to go back to persuade the board.

"I will use 500 million U.S. dollars as the basic fund, and the rest of the subsequent acquisition funds will be raised by your bank. I have a systematic long-term plan for Marvel and specific profitable projects, but this involves strategic-level business plans. Before your bank agrees to cooperate, it needs to be kept secret. I ca n’t say too much, but everyone knows what Marvel is the most valuable, close to 5,000 superhero characters, and I have movie companies, game companies, and I I think these unrealizable IPs will become a continuous stream of dollars in my hands! "

Andy did not feel embarrassed by Lewis's questioning. This is a business involving one billion or even two billion. If there is no reason to convince the Bank of America's board of directors, it will be difficult for him to use the money of Bank of America Buying his own property.

After all, the acquirer who can achieve the purpose of earning high profits with very little capital is the best at using other people's money. It is also called "acquisition artist".

Of course, if you look away and the real assets of the target company you are acquiring are too cheap, this highly leveraged merger and acquisition is also called a "dancer on the grave."

Lewis left with Andy's not very convincing answer. Although Lewis's expression has always been solemn, Andy is not worried that Bank of America will reject his plan, because what Bank of America will do next is to organize quickly Manually assessing assets of Marvel Entertainment Group to weigh the advantages and disadvantages of it, which also saves a lot of work of the Andy team, after all, no one is more professional in assessing assets than banks.