Chapter 313 (2/2)

Simon and Janet came here last Friday mainly to record an issue of ”John Carson tonight show” for Batman.

Because of some entertainment, they did not return to the west coast at the weekend.

Last night, he attended the reception of New York's new mayor elect David Dinkins, who successfully defeated Rudy Giuliani in the New York mayor election in November.

The last stage of the election coincided with the small collapse of the U.S. stock market in October. David Dinkins' campaign launched a fierce attack on the other side through the scandal of Rudy Giuliani's improper remarks during the investigation of Michael Milken case revealed by James Leibold, which established David Dinkins's dominant position in the later stage of the election and finally won the election easily .

Westero provided a lot of support for David dingins in the election process, but Simon did not have a clear political appeal this time.

Or, if there is one, it is to announce to the North American political circles that Simon westero has begun to participate in the game, and to state Simon's own political position at the same time.

The morning is still early.

It has just snowed in New York recently, and the central park outside the bedroom is snowy and cold.

After breakfast, Simon said goodbye to Janet and rushed to the airport alone to return to the west coast.

During this period, Janet has never let go of the management of cersei capital.

However, compared with the previous operation in respect of the constantly changing stock index futures in the Japanese market, all types of positions in the North American bond market are basically long-term short contracts, so there is no need to keep a close eye on the market every day. Cersei capital's sub fund team has also been granted a certain degree of autonomy, so Janet can go around with Simon.

The U.S. junk bond market crisis triggered by the small collapse in October has been going on in recent months. Because of the established plan, cersei capital intends to liquidate all its positions before the new year and exit the North American junk bond market. Therefore, Janet plans to stay in New York in recent days to operate the final stage of operation herself.

Simon is planning to fly to Australia for Christmas after the premiere of Batman on December 20. Simon is also very busy in recent days.

Back in Los Angeles, because of the time difference, the west coast is still more than 9 a.m., just to work time.

Jennifer and Simon returned together. While they were on the plane, the female assistant told Simon that Australia's qintex Group signed an acquisition agreement with MGM today.

Prior to this, qintex group's detailed plan for the acquisition of MGM has been published in the media.

In recent years, although MGM's boss has always been recognized as the gambling tycoon Kirk cochrian, in fact, this one of the seven largest film companies has always been a listed company. Kirk cochrian owns only 70% of MGM.

At the beginning, Kirk cochrian's several ”capital operations” around MGM were also carried out on the 70% shares.

Qintex group will acquire a 70% stake in mgm-u.s. in Kirk cochrian's hands with us $1 billion in cash this time to become the absolute controlling shareholder of the old film company. The deal also means qintex group will take over more than $700 million in all aspects of MGM's debt.

The business situation of qintex group itself is in danger. Recently, this matter has been discovered by the North American media with great powers. The outside world is generally not optimistic about this transaction, and some people can't help thinking of Simon. With Simon's close ties with Australian capital, Denise entertainment is likely to help MGM recover.You know, behind the scenes of the acquisition of MGM is not only qintex group, but also many other Australian capitals who hope to get involved in the field of Hollywood media. Otherwise, with the strength of qintex group itself, it is impossible to complete the transaction.

Although Simon accepted the signing luncheon for the acquisition of MGM at noon, he did not mean to help MGM.

At least, he didn't mean to step in until he took control of the company.

Back on the west coast, Simon left the Los Angeles International Airport and went straight to Daniels entertainment headquarters in Santa Monica.

There is already a meeting waiting for him here.

Last Wednesday, danielis entertainment officially completed the acquisition of EA shares, and eventually took 35% of the shares of the PC game production and distribution company from EA's original major shareholders at a price of US $50 million, becoming EA's largest shareholder.

Compared with the initial acquisition budget of US $350 million, the acquisition of 35% of EA with us $50 million is equivalent to a valuation of US $140 million, which is much lower than the market value of EA with us $170 million before the transaction.

EA company's shareholders are still interested in Denise Entertainment's ability to develop content.

After danilisi entertainment became a shareholder, as long as it can help EA develop a big game like Ninja Turtle, it will be absolutely profitable to sell 35% of the company's shares for us $50 million. Moreover, because of the recovery of console games in recent years, EA originally intended to enter the field of console games, but it was a little deterred from Nintendo's harsh royalty system.

EA was originally considering cooperating with Sega to transplant its games to Sega's game console platform. With less than 10% market share of Sega's game console in North America and Japan, this is not a wise choice.

Now, according to the ex gratia agreement between Blizzard studio and Nintendo and the special negotiation between the two sides on this issue, EA's games can also enjoy the same royalty of Blizzard studio after this share purchase, which is also the reason why EA shareholders quickly reach a stock sale agreement with Denise entertainment.

After the announcement of the deal on Wednesday, EA's share price continued to rise sharply in the following three trading days, with a cumulative increase of more than 70% in three days, and its market value had already hit $290 million at the close of last Friday. As a result, in just three days, daenerys Entertainment's $50 million investment in EA achieved more than 100% book profit.

It is obvious that EA's former shareholders also benefited greatly from this stock price surge.

This morning's meeting is also a tacit intention of both sides to work together and continue to stimulate the share price of EA company through some good news.

In the process of negotiation with EA company, Simon has already told Nancy to contact and purchase some copyrights suitable for game adaptation. At this meeting, we will discuss and announce this matter later.