To be honest, it has been a little hasty to set up an acquisition team in a hurry since I received the news from Xiao Finn. But the opportunity is rare. After this village, there is no such shop, and the old Finn can't be delayed again and again, so everything must be expedited.
Some grassroots acquisition team is not professional enough? It's okay. Directly go to Express Bank and Chase Bank. Each team has a team on both sides, equipped with financial auditing and professional gold lawyers. Coupled with Lin Jiayi's team, the two sides met quickly and immediately started working.
As for the details of AMC Cinemas, two professional banks in the United States know too much about Lin Jiayi, from valuation to financial revenue and expenditure. Soon both sides offered a suitable purchase price.
The highest valuation should be about 600 million US dollars. The current AMC is not yet the giant with more than 5,000 screens in more than 300 theaters in the future, and it has not been equipped with various expensive 3D4D and IMAX projection equipment. The land price has not been significantly improved, the net assets are not high, only less than 200 million, and almost 400 million debts, so at most it is worth so much.
When AMC was acquired in the future dream, it was 2.6 billion US dollars. That was in 2012. It acquired 100% equity and assumed debt. After the merger, it invested no more than 500 million US dollars in operation and will pay 3.1 billion US dollars for the transaction. At that time, the total assets of AMC Entertainment Group in fiscal 2011 were about 3.61 billion US dollars, of which the net assets were only about 167 million US dollars. Well, the debt is indeed a bit high.
If $ 600 million can be bought, or even a little more, it can be bought within $ 800 million. Of course, with the help of the old Finn, it is certainly not necessary.
For Guo Tailai, with the amc theater, Guo Tailai no longer has to worry about the future release of artisan entertainment and Marvel entertainment in the North American market, and he does not have to worry about turning over the seven major Hollywood faces. Sing to the capital and spirit of Taiwanese opera. Moreover, Guo Tailai did not intend to confront.
Entertainment journalists are most concerned about the impact this acquisition will have on the Hollywood landscape. Financial journalists are more interested in the acquisition itself. You know, this is a foreigner who wants to buy an American circuit. The last time Murdoch wanted to buy a 20th Century Fox, he also turned his nationality into an American talent. This time Guo Tai's purchase, the purchase price is secondary. The key is whether there will be an investigation by the Trade Commission. Will anyone use the Paramount Act to block it?
All concerned journalists want to get first-hand news, but whether it is the team of the acquirer Lin Jiayi or the acquirer amc theater company, the negotiation process of both parties is tight-lipped, except for a press conference that has to leak Apart from the initial offer of $ 500 million, no other news was disclosed.
However, this is enough for most reporters to give play to their imagination. Therefore, one article after another was published, and quickly spread to various news websites. Various paper newspapers and magazines also began to edit news. Send it quickly.
"Mr. T has fully entered the film and television industry! 》
"Is a foreigner eligible to buy a local theater? 》
"Hua Xia Investors Favor, AMC Cinema Lines May Change"
"Analysis of the Success and Failure of Mr. T's Acquisition of AMC Circuits from an Investment Perspective"
...
All kinds of news came out and spread quickly all over the world.
Of course, it must first be the United States, then Europe, Australia, and finally Asia and China. It is still late at night in the country. Many people do n’t know what ’s going on. Even if there ’s a night owl, they rarely read English news at this time, but there are many native American media people notifying their domestic colleagues. He shouted, rubbing his sleepy eyes, waking up and waking up when he just lay down, and started to check the Internet or read the news.
Then, some domestic media people immediately became crazy when they saw the news. Domestic fierce acquisition of the second largest domestic circuit? Who is so fierce? It turned out to be Mr. T! Too great!
Acquiring artisan entertainment first, then Marvel Entertainment, and now starting to acquire theaters. Is this the pace that domestic films intend to go to the world? Guo Tailai's series of big news is simply the media's best friend! This has been a big hit of the $ 1.6 billion box office "God Walk" movie before the opening chapter. It's so cool!
If the acquisition can be successful, will this be considered a counterattack on Hollywood by the Chinese film and television industry? Chinese pride!
I don't know how many domestic media people fought overnight, all kinds of translations and writing press releases, all kinds of overtime and hard work. Anyway, the next morning, when people got up, CCTV morning news began to broadcast the news, and the entertainment and financial news modules on various news websites were all swiped by the news.
People who get up early, people who work, and many followers immediately see the news, and then everyone starts to cheer up one by one.
Mr. T's acquisition of the United States domestic amc circuit? Or the second largest circuit in the United States? what! Chinese pride! Earlier everyone heard the most about Hollywood blockbusters in China, but now you have heard the counter-attack horn?
Or is it really the case! The 1.6 billion dollar blockbuster "God Walk" is the big heroine of China. Now artisan entertainment and Marvel entertainment have also become Mr. T's assets. Is the AMC theater line the last link of Mr. T's layout in Hollywood?
The excitement was not only domestic, but also from the United States, artisan entertainment and Marvel Entertainment. If the boss can really buy the amc theater line, wouldn't the two movies produced in the future get great care? Especially for artisan entertainment, does this not mean that North American distribution capabilities will become more powerful, or even enhance global distribution capabilities?
Countless people are talking cheerfully, as if the acquisition of AMC Cinemas was successful at this moment. Many people turned themselves into experts, explaining to others that the significance of this circuit was great, and summarizing the central idea by hand. The people around were so drunk that they missed the point. .
Guo Tailai was having breakfast, and President Han called.
"Ha ha ha! Fat man, do a good job!" The sound of joy on the phone of President Han can be felt through the phone, but there is still a little bit of complaint: "You don't say anything to such a fat man How can the total amount be acquired! I can help you with an idea if it doesn't work! "
"Uncle Han, I just received the news, and I just started to think about it." Guo Tailai also snorted: "Too late to discuss, so first give a quote to indicate that we want to join, you haven't seen the prices are all random Have you got one? Enter first, and then make a detailed acquisition plan later. "
"Hmm!" President Han seemed to be satisfied with Guo Tailai's explanation: "If you need anything, you can mention it, we must be very supportive here!"