Reborn Tycoon Rise

Xu Zhi replied: "The follow-up may require 3 billion to 4 billion US dollars, but this is only a long-term plan, and the specific situation will have to wait until the future. This first batch of 1 billion US dollars is only for investment in the western United States, with California As the center, it radiates to 7 surrounding states.

After a few years, I will decide whether to continue to expand based on the development of these shopping malls, or the speed of expansion. "

Although we are very confident in the electronic retail market, such a huge heavy asset investment is unlikely to be achieved overnight. If it is not to quickly occupy the market, then using its own funds to develop is the most reasonable business model.

But this process is too slow. For example, in history, the original Best Buy mainly built itself in the early days. In the 1990s, it only had a total of 150 chain stores. It was not until the 21st century that it adopted a two-way expansion model of self-construction and mergers and acquisitions, and gradually developed. Become the world's largest electronic supermarket chain.

A heavy asset investment with stable income and slow returns, of course, gives priority to using other people's funds for development. The initial one billion US dollars is to build electronic chain stores in many key cities in the United States. The first batch is planned to be 300, including supporting facilities. Large distribution center.

"If it's only 1 billion US dollars, it shouldn't be a problem. When I go back and report to the board of directors, there should be a reply soon. Eric, just wait for the good news." Curry smiled and agreed, even for this first A batch of US$1 billion cannot be paid in one lump sum. Instead, the loans are slowly released based on the previous operating conditions of the chain stores. This is more in the interest of both parties. The lender can control risks, and the lender can also reduce interest expenses.

Xu Zhi smiled and said, "Okay, thank you very much."

"You're welcome, Eric, you are our big customer at Goldman Sachs, and serving customers is our honor at Goldman Sachs.

By the way, if your company wants to be listed in the United States, I hope Goldman Sachs can become a securities issuer. Curry said with a smile that the issuance of listed securities is also one of the main sources of profits for investment banks, especially for some large companies. Once listed, as a securities dealer, the profits can be counted in tens of millions of dollars, and Midea Company obviously meets this condition. In recent years, Midea has become larger and larger, and Goldman Sachs has hinted several times that it hopes to take a stake or support its listing, but Xu Zhi rejected them all.

"No problem." Xu Zhi agreed casually. There was no plan to go public for his own company in the future, so it didn't hurt to agree first.

"But there is one more thing I need help from Goldman Sachs." Xu Zhi paused and then said.

"What's the matter?" Corey asked with a smile. Although the two claimed to be friends, in fact the so-called help must be business cooperation. Over the years, Goldman Sachs has had such "friends" all over the world, and every time they help Let them make a fortune.

Xu Zhi said: "I want to acquire a listed company in the United States, but this company is relatively large, so I'm afraid there will be a lot of trouble."

Currie asked: "Which company? As long as it is not a large company related to national security, we at Goldman Sachs are willing to try it."

Assisting large companies in mutual mergers and acquisitions has always been a favorite of investment banks. The transaction amount can easily reach hundreds of millions or even billions of dollars, and investment banks can charge too many fees. In many cases, a large merger and acquisition transaction is completely ruined. Once completed, the income earned by the middleman can reach 10% or more of the transaction volume.

"It does not threaten the national security of the United States." Xu Zhi shook his head and said, "What I want to acquire is Disney."

"What? Disney?" Corey was shocked after hearing this.

Xu Zhi asked with a smile: "Why, isn't it possible? Disney shouldn't have affected national security, right?"

"Of course not." Curry shook his head and said, "It's just that Disney was once the pride of American culture. If foreign capital acquires this company, I'm afraid it will cause a lot of public opinion."

"You also said, that was in the past, not now." Xu Zhi shrugged.

In the 21st century, Disney became so powerful that it not only dominated the comics field, but also entered the Hollywood Park through mergers and acquisitions, becoming the number one giant in Hollywood.

But now is the early 1980s, the most declining era in Disney's century-old history.

The Disney Company was founded by Walt Disney in 1920. After decades of hard work, in the 1950s and 1960s, the Disney Company became the most famous animation company in the United States and even the world. Mickey Mouse also became the most popular animation in the world at that time. One of the characters.

In 1966, Walt Disney died of lung cancer, and the entire Disney Kingdom lost its helm. Roy, the CEO who took over, did not have Walt's genius sensitivity and great enthusiasm for business and art. Disney seemed to be in a state of turmoil throughout most of the 1970s. It is a ship without a rudder, drifting in the waves of the times.

Throughout the 1970s, Disney created a total of four animated films, each with worse ratings than the last, and Roy completely steered the development direction of the entire company.

The huge success of "Star Wars" and "Jaws" set off the trend of science fiction and horror movies. In order to restore the company's performance, Disney inevitably became a follower. In 1979, Disney invested US$20 million. A science fiction movie "Black Hole" was filmed, but its box office performance was a pitiful less than 3 million US dollars.

Another blow is that Disney has been established for 60 years. Audiences in the 1980s have long lost interest in outdated family-themed movies. Traditional Disney animations cannot keep up with the new animations launched by other entertainment giants, so Disney Lost a huge chunk of the teen audience.

According to the original history, it was not until next year that Mike Eisner took office as the new CEO of Disney and carried out a comprehensive reform of the company that the entire Disney turned a profit.

Because the two oil crises in the 1970s also severely hit the spending power of Americans and overseas tourists, the performance of Disney's core amusement parks was naturally also greatly affected.

At the same time, the 1980s was the most insensitive moment in the United States for foreign capital to acquire domestic companies. As long as they were not high-tech manufacturing companies involving national security or media groups that could influence public opinion, most projects could be approved by the White House.

Therefore, this year is the best time for Xu Zhi to acquire Disney. One year earlier, many of President Carter's economic stimulus policies have not yet been introduced. One year later, when a new CEO takes office, it is naturally impossible for him to agree to sell his company.

If Disney can be acquired, just a few classic animated films from later generations, such as "The Lion King", "Pinocchio" and other films, will be enough to solve the company's financial and liability problems, and at the same time invite Mike Eisner to cooperate. "Transformers" series, then Disney will definitely be able to turn a profit again.

After all, Disney's strength is still there, but in the past two decades, it has gone in the wrong direction. As long as it returns to its original path, it can completely reborn and rise again.

"Mr. Xu, the Disney Company has been in a state of loss in the past ten years and has heavy debts, but it must fully bear this huge debt." Curry reminded.