Chapter 479

As soon as the loan reaches the account, Freetown investment company will share 2 billion of them. The rest of the money is naturally to prepare for the acquisition of Marvel Entertainment.

But Andy will not spend Disney's original price of more than 4 billion to buy Marvel, and the value of each share is more than 50 dollars, which is crazy.

Of course, we missed the price of cabbage when we went bankrupt in 1996. Now, no matter what the price is, these shareholders will make more money. The most important thing is that the current economic environment and the current load rate of Marvel have a huge advantage for Andy's next acquisition. At the same time, because Marvel has not yet turned over the shooting "Iron Man" of "Iron Man" In other words, marvel still belongs to the situation that just ended and lingered, with resources in hand, but no one took care of it.

After the loan was completed, people from both sides were busy with various follow-up fund transfers, and Andy and Lewis came to the office.

Lewis took the Havana cigar Andy handed him, lit it, and waited patiently for the legendary young man to tell him something amazing.

"Lewis, do you remember what I told you before that your sincerity will bring you unexpected results?"

Lewis's eyes brightened and he looked at him with a smile. He was holding a cigar in his fingers and holding a red wine bottle to watch two goblets pour red wine. Andy asked eagerly, "of course! I've been looking forward to the big plan you kept secret from me. Is the time ripe? Right. Now your family has... God, Mr. Smith, you don't have so much money for that big plan, do you? "

Andy smiled and handed the red wine to Lewis, who was already in a state of complete consternation. He shook his head and said: "not all, but there are not a few funds needed. Most of my funds have other places. This big plan, I hope you bank of America, as my ally, can complete it with me."

Lewis heard some hints in Andy's words, and knew that there might be some risks in this cooperation, but thinking of the legendary nature of the young man in front of him, he almost watched him gather wealth at a crazy speed in more than a year.

To say that people like Andy Smith need to plan for such a long time, there is no great benefit in it, and fools don't believe it. Since they have tasted the sweetness behind Andy, they will not easily let go of any chance.

"What is your goal?"

"Marvel Comics - Marvel Entertainment Group!" (although it will officially change its name in 2010, you are still used to Marvel's name.)

Lewis didn't have any surprise expression this time. He had a psychological preparation before, but he felt it was natural. Not such a company, Andy Smith would not be so cautious.

"Marvel... Some time ago, they contacted our bank, hoping to use 10 famous cartoon characters under the mortgage to raise funds from us to recover the copyrights of some core characters they sold before. However, because the amount of funds was not settled, they finally chose Merrill Lynch, which loaned us $525 million from Merrill Lynch. " Lewis frowned and told Andy what he knew.

"So, Marvel's debt ratio is not low, and it has a strong desire for capital." Andy's understanding of marvel is also limited to superhero comics and movies. The company's specific situation is being collected by its own think tank.

"Don't know how we work together?" Lewis is more concerned about how much interest they can get from Bank of America in this plan, which is directly related to whether they will participate in the decision-making in this plan. After all, he is just an executive, not a big man on the board.

"I hope your bank can be my partner and let me use leverage acquisition to acquire Marvel Entertainment Group!" Andy's face with a confident and calm smile, the whole body on the sofa, adjusted a comfortable sitting posture, spit out the cigar smoke, but a pair of eyes become extremely bright.

Lewis narrowed his pupils and frowned. He weighed the advantages and disadvantages. To be honest, he didn't know the real value of marvel. However, he knew that the minimum capital needed to acquire Marvel was about 2-3 billion dollars. Andy Smith had the ability to complete the acquisition alone, but now he wanted to pull on Bank of America. That is to say, he didn't want to waste the capital In this case, moreover, he has enough assurance to maximize the benefits of marvel in his hands.

Can he doubt Andy Smith's ability? How many people dare to doubt Andy's ability to make money now? Nima, it's almost turning into gold.

The so-called leveraged buyout is also known as a highly indebted way of acquisition. It is a kind of M & A activity that uses a small amount of its own funds, the assets of the acquired enterprise and its future earning capacity as collateral to raise some funds for acquisition.

"Mr. Smith, how much of your own funds are you going to use as a basis? How much acquisition funds are you going 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 was very serious, and the question he asked was the answer he wanted to go back and convince the board."I will use 500 million US dollars as the basic fund, and the rest of the follow-up acquisition funds will be raised by your bank. I have a systematic and long-term plan for Marvel company, and have specific profit-making projects, but this involves the strategic level business plan. Before your bank agrees to cooperate, it needs to be kept secret. I can't say too much, but everyone knows what marvel is most It's worth nearly 5000 superhero characters, and I have movie companies and game companies. I think these IP addresses that can't be cashed in will continue to become US dollars in my hands! "

Andy is not embarrassed by Lewis's query. It involves a billion or even two billion businesses. If there is no reason to persuade the board of directors of Bank of America, it is difficult for him to use Bank of America's money to buy his own industry.

After all, the acquirer who can achieve the goal of making a large profit with a small amount of money is the best at using other people's money, also known as "acquiring artists".

Of course, if you look away, the real assets of the target company are too cheap, this highly leveraged M & A is also known as "the dancer on the grave".

Lewis left with Andy's not very persuasive answer. Although Lewis's expression has been very dignified, Andy is not worried that bank of America will reject his plan, because what bank of America will do next is to quickly organize people to evaluate the assets of Marvel Entertainment Group, so as to weigh the advantages and disadvantages, which saves Andy's team After all, no one is more professional in asset evaluation than the bank.