American Fortune Life

"Boss, the independent news media group basically agreed to sell the British du du newspaper and du du newspaper to you at a nominal price of 1 pound (about 1.5 US dollars), also including du du newspaper website ... ... "

Andy leaned lazily on the boss chair, listening to the report from the negotiating team who went to Fleet Street to find the acquisition target, and gently turned his finger back and forth on the mouth of the coffee cup.

"condition."

Of course, there is no free lunch in the world. You must know that News Weekly, which he bought for one dollar, was close to 200 million US dollars, let alone losing money. This kind of cheapness is not dare to take it.

To put it this way, after Andy bought Newsweek for one dollar and announced the news, the stock price of the original owner's "Washington Post" rose by more than ten percent that day, and the market dropped this burden on the Post Group. The future is very promising.

Andy has brought this mode of operation to the United Kingdom. He has to say that he is still very satisfied with this acquisition method. The risk is the degree of capital investment in the initial period of time and the future of the newspaper. After all, can the downhill road be stopped? It is not something that Andy can control. It is important to know that the rapid development of new media such as television and the Internet has caused the market share of paper media to shrink sharply.

"Ireland News Media Group assumes the debts and employee salaries of newspapers that are currently losing money. The prerequisite for a one-pound acquisition is to invest five million pounds in inm and guarantee that the contract with inm will not be cancelled within five years. ... "

"laugh"

Andy couldn't help laughing out loud, and the upward curvature of the corners of his mouth was obviously raised, full of ridicule, "Let them continue to dream!"

Hearing the cold mockery of the big boss, the subordinate in charge of the negotiations also nodded and said, "Based on the rude request of the other party, we have made a notice of suspension of the negotiations, and we have also announced the progress of the negotiations. This leverages this acquisition to drive up share prices. "

"Well, well done, I like to take advantage of others, but the thing that takes advantage of others is what I hate the most. Let them air first, huh, a loss of more than 12 million pounds per year will make them a group of guys It ’s greedy to see the reality and give them a chance to drop their baggage and want to take a bite with me! "

Andy blinked, took the coffee leisurely, took a sip, and didn't care about his own words, letting a group of subordinates sitting in front of himself look peculiarly.

With regard to the idea of ​​the acquisition of their own big boss, the group of members responsible for the acquisition is clear enough. The multiple acquisition battles also let them understand the big boss's temperament and what conditions are acceptable. What kind of bottom line cannot be touched, so when INM requires investment, it also requires an exit for five years without divestment. The person in charge of the negotiation directly picked up the documents and terminated the negotiations. In the expression, he led the person directly away from the negotiation venue.

The people of the inm group are obviously confused, and they really think that they are the ones who are willing to help them get rid of their burdens. Not only are they grateful, they also want to earn a fortune, they really want to be blind.

"Jerez, how's your situation over there?" Andy looked at the head of the left-hand side of his desk and asked with a smile.

"We negotiated smoothly with the Daily Mail Group. The 182-year-old British Standard Evening News is currently the only nationally issued evening newspaper in the UK that needs to pay for purchases. It loses about 10 million pounds a year, and it has appeared in London since 2006. After the "London Evening News" and "London Light", readers gradually lost and business became increasingly difficult.

The Daily Mail is very pleased with our appearance. They hold 75.1% of the shares and are willing to sell at a low price of 1 million pounds. However, the remaining 24.9% of the shares are held by the United Daily News, and we refused to bid 300,000 pounds. Purchase price. "

Andy frowned slightly and asked, "What's the situation with this union newspaper?"

"London Light, which was released at the same time as the London Evening News published by Murdoch last year, is the United Daily News, which is the regional Xing Evening News route." Jerez explained.

"Well, is it another shareholder who refuses to let go? Oh, it is still a competitor." Andy nodded, his eyes flickered with a smile, and he smiled to himself.

"Are some of the details of the British Evening Standard newspaper clear?"

"Although it has a long history, the financial situation is not complicated, but the newspaper department is bloated. If the boss decides to take over, reform is imperative, and layoffs are the first to save costs and reduce newspaper losses."

Andy's eyes narrowed slightly. He just smiled at the suggestions of his subordinates, and didn't know whether or not, but no one knew. His brain had been spinning fast. An increasingly clear plan appeared in his mind, and finally formed his heart. The next words could not help but say, "Isn't it just 1 million pounds? What if the water floats? Once the plan is successful, it may be possible to stir Fleet Street, eliminate other opponents, and become a unicorn again."

"Jerrys, in the afternoon, you signed an acquisition agreement with the Daily Mail Group, and submitted an acquisition application to the British antitrust agency, so that the Daily Mail Group could find a way to complete the trial as soon as possible, not to mention that they could not even do this. Here. "Andy sat upright, his expression becoming serious.

You need to know that he bought newspapers in the United Kingdom, not as a business, but for the right to speak and influence. It is beyond doubt that the credibility of the 182-year-old Evening Standard and its historical status in British newspapers Yes, although sales have shrunk to the point of 250,000 copies per day, it is undoubtedly a good experimental subject. Even if it would make the entire fleet street curse, would he just care?

After the two acquisition teams left, Andy dangled the boss chair and looked at the gloomy London sky. "It seems to be a few more days."

On the afternoon of the same day, Jerrys signed the acquisition agreement on behalf of Andy and the Daily Mail Group. Andy also submitted an acquisition application to the British antitrust agency on the same day. With the help of the Daily Mail Group, the speed of the trial was accelerated.

Two days later in the morning, the famous hometown of British newspapers, Fleet Street.

Nowadays Fleet Street is more relevant to the judicial community. There are more courts and law firms on and around the street. Almost all newspapers that used to be on or near Fleet Street have moved. The 182-year-old British Standard Evening News The newspaper still had no choice to leave.

A five-story classical European-style building with a two-meter-wide front red wooden arch is a historic granite trapezoidal corner building near the main road.

In the lobby of the Standard Evening News Agency, representatives of Andy and the Daily Mail carried out the final acquisition process under the witness of Union News Agency's EO and many reporters. The two quickly signed their names under the flash and exchanged equity transfer contracts. Of course The transaction has been concluded long ago, and today is just a look and feel, the key is the subsequent press conference.

Next, Andy did not choose to let reporters ask questions, but chose to formally voice his voice in London for the first time.

"The Standard Evening News, founded at the end of the eighteenth century, has a history of nearly two hundred years. It has not only witnessed the rise and fall of the British Empire, but also experienced the American Civil War and the two world wars. It is well known that British newspapers , Each with its own subjective stand, attracts a group of diehard readers with the same idea.

It is aimed at the British middle class. It is also very insightful about current affairs. It is rare to use slang words, and for many foreigners, it can also be used as a textbook to improve English.

I am proud to have this precious 18-year-old newspaper. We will have a series of reforms and innovations to strengthen the status and influence of the standard newspaper industry in London. The standard newspaper industry will still adhere to the middle-class line. Do n’t shed blood, let alone catch the eye with thrilling headlines ... "

After making a short and formal speech, Andy left the conference in a flash of light and various shouting questions at the scene. The momentum was compelling, led by the general manager of Standard News, Marins, with Behind his team and the original management of the standard newspaper industry and representatives of the United Press went to the conference room on the fourth floor.