American Fortune Life

As soon as the loan is received, Liberty City Investment Company will allocate 2 billion of it, and the remaining funds will naturally be used to prepare for the acquisition of Marvel Entertainment.

It's just that Andy will definitely not spend Disney's original price of 4 billion to acquire Marvel. The value of each share has reached more than 50 US dollars, which is simply crazy.

Of course, I missed the price of cabbage when it went bankrupt in 1996. No matter what the price is now, these shareholders will make a lot of money. Acquisition has a huge advantage, and because Marvel has not yet turned its back on the "Iron Man" shooting "Iron Man", judging from the current form, Marvel still belongs to the kind that has just finished lingering, holding resources in hand, but no one Reasonable situation.

After the loan was completed, the subordinates of both sides were busy with various follow-up transfers of funds, while Andy and Lewis came to the office.

Lewis took the Havana cigar Andy handed him, and after lighting it, he patiently waited for the young man who rose like a legend to tell him something amazing next.

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

Lewis' eyes lit up involuntarily, and he looked at Andy, who was smiling, holding a cigar between his fingers, holding a red wine bottle and looking at two goblets pouring red wine, and asked eagerly: "Of course! I've been expecting you to keep it a secret from me. Is the time ripe for that big plan? That’s right, now that your net worth is already...God, Mr. Smith, you didn’t prepare so much money just for that big plan, did you?”

Andy smiled and handed the red wine to Lewis who was already in a state of astonishment, shook his head and said: "Not all of them, but there are not a few funds needed. Most of my funds have other places. This time, the big plan, I want you Bank of America to be my allies in getting it done with me."

Lewis heard some hints in Andy's words, and knew that there might be certain risks in this cooperation, but thinking of the legendary attributes of the young man in front of him, he almost watched him use almost Gather wealth with insane speed.

If a person like Andy Smith needs to plan for such a long time, there is no huge benefit in it, and a fool would not believe it. Now that he has tasted the sweetness of following Andy, he will naturally not let go of any opportunity easily.

"Your goal is...?"

"Marvel Comics-Marvel Entertainment Group!" (Although the name will be officially changed in 2010, after all, everyone is still accustomed to the name of Marvel.)

Lewis didn't show any surprise this time,

I had already made a mental preparation before, but I felt that this was a matter of course. It was not this kind of company, and Andy Smith would not be so cautious.

"Marvel... They contacted our bank some time ago, hoping to use 10 famous comic characters under their mortgage to raise funds from us to recover the copyright of some core characters sold before, but because the amount of funds has not been negotiated, In the end, they chose Merrill Lynch and borrowed a total of 525 million US dollars from Merrill Lynch." Lewis frowned and told Andy what he knew.

"From this point of view, Marvel's debt ratio is not low, and it has a strong desire for funds." Andy's understanding of Marvel is limited to superhero comics and movies. collect.

"I don't know how we can cooperate?" Lewis is more concerned about how much benefit Bank of America can get from this plan, which is directly related to whether he will participate in the decision-making of this plan. After all, he is just an executive, not a member of the board of directors. Grandpa.

"I hope your bank can be my partner and let me acquire Marvel Entertainment Group through a leveraged buyout!" Andy had a confident and calm smile on his face, and leaned his whole body on the sofa, adjusting a comfortable sitting position , the cigar exhaled was smoky, but a pair of eyes became extremely bright.

Lewis's pupils narrowed slightly, his brows frowned, and he weighed the pros and cons. To be honest, he didn't understand the real value of Marvel, but he knew that the minimum capital to acquire Marvel would be around 2 billion to 3 billion US dollars. , Andy Smith is fully capable of completing the acquisition on his own, but now he has to pull in Bank of America, which means that he does not want to waste funds on this acquisition, and he is still confident enough that Marvel will be in his hands. to maximize the benefits.

He wouldn't doubt Andy Smith's ability, how many people dare to doubt Andy's ability to make money now? Damn, it's almost turning into a touch of gold.

So-called leveraged buyouts are also known as highly indebted buyouts. It is a merger and acquisition activity in which a small amount of self-owned funds are pledged by the assets and future profitability of the acquired company to raise part of the funds for acquisition.

"Mr. Smith, how much of your own funds are you planning to use as a basis? How much acquisition funds are you planning to raise from our bank? How can you ensure that the company's income after the acquisition is sufficient to cover the high proportion of liabilities arising from the acquisition?" Lewis looked very serious. The question he asked was also the answer he wanted to go back and convince the board of directors.

"I will use 500 million U.S. dollars as the basic capital, and your bank will raise the rest of the follow-up acquisition funds. I have a systematic and long-term plan for Marvel, and I have specific profit-making projects, but this involves a strategic management plan. Before your bank agrees to cooperate, it needs to be kept secret. I can’t say too much, but everyone knows what is the most valuable in Marvel, close to 5,000 superhero characters, and I have a film company, a game company, and I I think these unrealizable IPs will continue to be turned into dollar bills in my hands!"

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

After all, such acquirers who can achieve the purpose of earning high profits with very little capital are the best at using other people's money, and are also called "acquisition artists".

Of course, if you are mistaken, the real assets of the target company to be acquired are too cheap. This kind of highly leveraged M\u0026A is also known as a "dancer on the grave".

Lewis left with Andy's unconvincing answer. Although Lewis's expression was always serious, Andy was not worried that Bank of America would reject his plan, because what Bank of America will do next is to quickly organize Manually evaluate the assets of Marvel Entertainment Group to weigh the pros and cons. This also saves Andy's team a lot of work. After all, no one is more professional than banks in evaluating assets.