My 1999
Chapter 570 Cunning Old Coke
Looking at the smiling old man in front of him, Xu Liang knew he was difficult to deal with, but he didn't expect him to be so cunning.
He researched all three buyers' information thoroughly.
It's impossible to scare him.
"Schmitt, Page and Brin are not fools. They will not spend precious capital to develop the pan-entertainment business until Yahoo has solved the problem of dominating the English search engine market.
This is why Google issued a formal acquisition invitation to MGM, but there has never been a formal negotiation. "
"Mr. Xu is wrong."
"wrong?"
"Yes, just this morning, I received a letter from Google, inviting me to formally discuss the acquisition at the MGM headquarters at ten o'clock tomorrow morning."
Xu Liang's pupils shrank and he stared at the old man opposite, trying to see some clues from his expression to determine whether the matter was true or false.
But the old Cocker is worthy of being an elite who controls the business world and plays MGM to new heights.
With a smile on his face, no useful information could be seen except for the wrinkles left by aging.
After a moment of stalemate.
"Mr. Xu, I am actually very willing to cooperate with Hongmeng."
Xu Liang was not fooled, "What are the conditions?"
"The conditions are actually very simple, US$6 billion, and then add US$1 billion in fundraising from Hanhua Pacific Fund No. 1."
Xu Liang sneered, knowing that this old guy was greedy, but he didn't expect that he thought he was a fool.
The current real value of MGM is only 4 billion U.S. dollars, so if it is given to 4.5 billion, it has been discovered by his conscience.
Not to mention the US$1 billion fundraising limit of Pacific No. 1 Fund.
Currently, the two most popular funds in the global capital community are Hanhua Pacific No. 1 Fund and Hanhua Qinglong No. 1 Fund.
Just the intended funds, the two have exceeded 50 billion US dollars each.
When it is publicly raised, it is certain that the intended funds will exceed 100 billion.
It can be said that the competition for the fundraising quota of the two funds has become fierce.
As the president of a country, George W. Bush agreed to help acquire Hynix and only took away the 3 billion quota.
A bankrupt MGM wants to get 1 billion?
He is so beautiful!
"Mr. Kerkorian, it seems there is no need for us to continue talking."
Old Kirk shrugged, "I have already given detailed conditions. Since Mr. Xu is unwilling, I have no choice but to talk to Google."
"Mr. Kerkorian, you know best whether it is possible for Google and Yahoo to acquire MGM. If you insist on maintaining the previous conditions, then I can only regret to inform you that we will give up the negotiation with MGM. Negotiations have completely shifted to Vivendi Global."
Kerkorian's heart was shaken.
He is not a fool. Of course he knows that Google and Yahoo are just troublemakers and have no sincerity in acquiring MGM.
But he still wanted to delay it a little longer.
He has received news that the negotiations between Hongmeng and Vivendi Universal are not going well, and the conditions of the two parties are too different from each other.
Even if Hongmeng turns to Vivendi Global, there will be no results in a short time.
"Mr. Xu, Hongmeng can choose, and MGM can also choose. This is a basic business rule, what do you think?"
Xu Liang was a little disappointed.
He knew that any hope of a deal being done anytime soon was gone.
But after all, he has been in business for many years and quickly adjusted his emotions.
"Since Mr. Kerkorian has no intention of cooperating with me, let's forget about it. Come on, I'll take you to visit the villa and have lunch later. The Chinese food I serve here is very authentic and you can't find it anywhere else in the United States."
"Then I would like to thank Mr. Xu for his hospitality."
"Haha, you're welcome."
Xu Liang took Kerkorian around the manor a few times, and then sent him away after lunch.
No one on either side raised the issue of the transaction.
In this invisible battle, no one wants to admit defeat first.
Looking at the car shadow in the distance.
"Mr. Xu, this Kerkorian is too difficult to deal with." Lu Hui said.
"It's very difficult. It seems that our hope of ending the MGM acquisition early is dashed."
Xu Liang sighed.
Now, Hongmeng’s plan to acquire Vivendi Global needs to be adjusted from previous assistance to a real acquisition.
Only in this way will real pressure be put on Kerkorian.
It also helps the two parties to negotiate with each other at the same time.
"Mr. Xu, this is the news I just received. The news that Google is suing us has appeared in the New York Times, Wall Street Journal, and Yahoo News, and it is also a front-page headline."
He took the newspaper handed over by Lu Hui and flipped through it briefly.
"It looks like Google spent a lot of money."
"Tell Mr. Xie and ask him to contact the media immediately. We can fight this public opinion war, but we must not lose to Google."
"OK."
Lu Hui left in a hurry.
Xu Liang's face showed a trace of exhaustion, and he reached out to pinch his eyebrows.
Now Hongmeng, Hanhua, and Jianlibao, the three core companies have all developed to a new stage. If they take a step forward, they will all face huge resistance.
Especially in this international business order dominated by white people, it will be even more difficult for him, a Chinese, to become big.
Fortunately, Hanhua's interests were involved and weaved a huge umbrella of interests for him.
But this protective umbrella does not work all the time.
Xu Liang thought about it comprehensively, and after communicating with Xie Wen, he had to change his acquisition strategy for Vivendi Global and started substantive communication.
The U.S. entertainment assets that Vivendi Universal wants to sell off are divided into four parts.
Universal Entertainment Group includes film and television studios, as well as auxiliary departments such as studios, costumes, and special effects.
Universal Music Group is currently the world's largest music company, accounting for 30% of the global music market.
Universal Studios, the world's top theme park brand after Disney, owns Universal Studios Orlando, Universal Studios Los Angeles, Universal Studios Osaka in Japan, and Universal Studios Sentosa in Singapore.
In 2000, Vivendi acquired this American media giant with a market value of US$4.7 billion for US$10.3 billion.
As the 15th largest media company in the world, American Network owns four cable TV channels and reaches 80 million TV households.
Finally, Vivendi Global also holds a 10% stake in Echostar Communications, the second largest satellite TV operator in the United States.
All of this was sold for $14.5 billion.
Xu Liang has little interest in the shares of American Network and Echo Star Communications.
From a current perspective, the shares of these companies are very valuable, but looking forward, fewer and fewer people will watch TV. Compared with cable TV channels and TV stations, video networks are the real gold worth mining.
Two days passed.
Dong Dong…….
"Come in."
Lu Hui hurriedly opened the door and walked in.
"Mr. Xu, Kerkorian was interviewed by CNN."
After finishing speaking, he picked up the remote control next to him and turned on the wall-mounted TV.
After quickly changing the channel, I found the information for the news report.
Judging from the picture, it is not a formal interview, but more like a coincidence. No, to be precise, there is an ulterior motive.
Xu Liangneng could see the flash of surprise on Kerkorian's face.
"Mr. Kerkorian, it is said that MGM has officially signed a sales agreement with Google. Is that true?"
"No. I am discussing the details of the acquisition with Mr. Eric Schmidt. Whether we can reach an agreement in the end, we still need to discuss it before we know."
"Mr. Kerkorian, there are rumors that Google will acquire MGM for a sky-high price of US$6 billion. What is your comment on this?"
"MGM is a great company with a century-old history and a living fossil of Hollywood. It has produced many successful movies in the past hundred years. There are many professionals in the entertainment industry here, so US$6 billion is a suitable price. There is no 'sky-high price', we are worth it."
After finishing speaking, Kerkorian hurriedly walked into the building with the Google logo, leaving a group of reporters asking questions.
Then the screen switches to the live broadcast room.
The CNN financial program began to focus on Google's acquisition of MGM, talking about Google's future prospects and its impact on the Hollywood landscape.
Both inside and outside the words, I feel that Google's victory in this acquisition has become a foregone conclusion.
"Mr. Xu, not only CNN, but also mainstream TV networks such as FOX and NBC are reporting on it, and the frequency is very high. It is certain that there are people behind the scenes pushing this matter." Lu Hui said solemnly.
Xu Liang smiled and said, "No need to guess, it must be the work of Schmidt, Page and Brin. They used false news to harass our acquisition of MGM. Kerkorian felt that this kind of harassment could create anxiety and make me compromise. , so we cooperated to a limited extent.”
"Mr. Xu, do we need to send out a press release?"
"What does the negotiation between the two families have to do with us? If we really get involved, it will solidify our determination to acquire MGM and make Kerkorian even more unscrupulous.
Therefore, not only can we not speak, we must also avoid speaking on this issue as much as possible. "
Only silence can amplify Kerkorian's doubts.
Looking at Lu Hui who was hesitant to speak.
"What's wrong?"
"Just now, news came from Hongmeng North America. Mr. Lu held a press conference and stated that Hongmeng has not given up on the acquisition of MGM.
The situation of Vivendi Universal and MGM will be comprehensively considered before the final decision is made on the acquisition target. "
Xu Liang frowned, and a flash of anger flashed in his eyes.
Take a slight breath.
"Ask Hongyan when the audit of Hongmeng North America will be completed."
Lu Hui quickly agreed.
After being around Xu Liang for a long time, she could tell that the big boss was really angry at this moment.
Jingle Bell…….
Xu Liang's cell phone suddenly rang.
He looked at the caller ID and pressed the answer button.
"Xu, good afternoon."
"Bill, it's rare to receive a call from you."
Xu Liang was a little surprised that Old Gates would call him at this time.
"I'm in Silicon Valley. Let's go out for dinner tonight and I'll introduce you to a friend."
"friend?"
Being able to have old Gates come forward as a middleman shows that the other party's identity is extraordinary.
Several thoughts quickly appeared in Xu Liang's mind.
"sure, no problem."
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