My 1999

"Bill, you've given me a problem."

"Xu, you are being dishonest. I have obviously solved a big problem for you. If you don't meet with Immelt earlier, Vivendi Global's acquisition will continue to be long-term, and most of Hongmeng's energy will be consumed." on top.

Only Hongmeng’s competitors will benefit. "

Xu Liang sighed, "But I also paid a huge price. The shares of the two funds are at least 5 billion US dollars. How much do I have in total?"

"There are gains and there are losses. Isn't that what you often say? And you can't expect to have all the benefits in your hands. This will only get you nothing in the end." Old Gates said.

Xu Liang nodded.

Glancing at him, Old Gates smiled and said, "Xu, I helped you solve such a big difficulty, how can you thank me?"

She looked at him in surprise.

"Bill, you are an investor in Hongmeng. Isn't it your responsibility to make suggestions for the company's development? Why do you still want rewards?!"

Old Gates stared at him, pretending to be angry.

"Xu, the emperor is not short of hungry soldiers, you won't give me any benefits, right?"

"Bill, can you speak Chinese proverbs? That's awesome!"

"Stop interrupting and answer my questions."

Xu Liang waved his hand casually, "Okay, I won't tease you anymore. Qinglong No. 1 Fund, I will leave you a share of 200 million US dollars."

"Too little, at least $1 billion."

"Are you kidding me? No way."

“$900 million, it can’t be any less.”…

After haggling for a while, the two set the price at US$500 million.

After the business was settled, Old Gates leaned back and leaned on the sofa in the back seat of the car.

"Xu, I remember you said at the beginning that the investment agreements with Goldman Sachs, Citigroup and JPMorgan D.A. included detailed obligation clauses. They must help you acquire MGM before they can get the remaining half of their respective investment shares.

Now that MGM no longer needs to acquire it, will Hongmeng’s investment share also need to be recovered? "

"Of course I have to take it back," Xu Liang said.

"Aren't you afraid of offending them? These Wall Street tycoons are not willing to spit out the meat they have eaten."

"Of course I am afraid, but I also know that they will not let go of me, a 'big customer' who can bring countless potential benefits to them all." Xu Liang said with a smile.

With so many of Xu Liang’s companies not listed, which one of Citigroup, Goldman Sachs and Morgan will give up?

In addition, financial activities such as mergers and acquisitions, financing, and bond issuance of his companies all require the assistance of financial institutions. Which investment bank would let go of this opportunity to make big money?

Especially Hanhua, whether it is a hedge fund or private equity, it needs an investment banking platform to raise funds. Although the interest is not high, the amount is huge, and no one will give up this part of the interest.

Besides, the Wall Street giant is very powerful, but his current strength background is also different from before.

The relationship between them is one of respect and being respected.

Looking at the confident young man next to him, Gates sighed secretly.

In just four years, he grew from an unknown farmer's son to a super tycoon who can influence the global financial and technology industries.

This was only the second time he had seen this amazing success.

The last time he was surprised like this was also a Chinese.

And that company is called Yahoo.

Six years after its establishment, the company's market value exceeded US$125 billion.

Yang Zhiyuan created a legend.

As they approached Palo Alto, the two separated and went home.

Xu Liang called Xie Wen to discuss the details of his negotiations with Jeff Immelt.

Not surprisingly, he quickly won the other party's approval.

If you exclude the equity of American Network and Echostar Communications, Hongmeng only needs to spend about US$9 billion to acquire the three major assets of Universal Pictures, Universal Music Group and Universal Studios.

And among the US$9 billion, there is approximately US$4.8 billion in debt.

So the actual cash that needs to be taken out is about US$4.2 billion.

Hongmeng’s Series B financing and corporate debt financing totaled US$15.7 billion. After half of it was used to develop the company’s business, there was still US$8 billion in cash.

It is completely enough to pay for the acquisition of US$4.2 billion.

There is even US$4.8 billion left in the head office's account as strategic reserve funds.

This result is far better than acquiring MGM alone.

Xie Wen certainly has no reason to disagree.

As for the price paid by Hanhua, he is not the CEO of Hanhua and cannot control that much.

After the two communicated and reached an agreement, they quickly finalized the general outline of the negotiations with GE.

Jeff Immelt was able to take over Jack Welch's position and take charge of the huge General Electric Company, and he obviously did not lack decisiveness.

Three days later, Xu Liang received a call from him personally.

Then the negotiation teams of GE and Hongmeng negotiated secretly for two days and reached a preliminary cooperation agreement. The rest still depends on Vivendi's decision.

——

Paris.

This heart of France, which is gradually being invaded by green and black, has gradually lost its romantic color and has been shrouded in chaos, theft, and pornography.

The Seine, which once held countless wonderful stories, has gradually become dirty.

Jean Foch stood in front of the floor-to-ceiling window, looking at the Paris city below him, his brows furrowed and his face full of sorrow.

Acquisition maniac Jean-Marie Messier spent tens of billions of dollars in just three years to transform Vivendi from a water company into six major conglomerates spanning television, music, publishing, telecommunications, the Internet and environmental protection. field.

It has the largest film company in Europe and the second largest in the United States, and the second largest film and television library in the world.

Controls 80% of French film production.

Owns Europe's largest pay TV and digital TV operator.

It also owns 850,000 copyrighted products, accounting for 22.5% of the world music market, and is the world's largest publisher of jazz and classical music.

Also included is the world's third largest book publisher, which includes world-class giants of reference books, literary books, games, and more.

But in just one year, Vivendi, which had a market value of nearly 100 billion U.S. dollars at its peak, suffered losses of more than 30 billion euros.

Under the pressure of huge debts, Vivendi had to embark on the dilemma of selling off assets to survive.

First came Vivendi Games, then Vivendi Telecommunications and Publishing.

But in the face of huge losses, this little money is simply a drop in the bucket.

Therefore, he had to put Vivendi’s US entertainment assets on the shelves.

This big cake is indeed very tempting.

It soon attracted some wealthy and powerful tycoons.

In particular, the American media giant Liberty Media Group is the most sincere.

They intend to combine their cable programming operations, especially Discovery, with Vivendi's entertainment business into a new company.

Discovery Company owns the world-famous Discovery Channel.

Since its launch in the United States in 1985, Discovery Channel has become one of the fastest growing cable television networks in the world, covering 99% of cable TV subscribers nationwide and more than 14,400 viewers in 145 countries and regions around the world. Ten thousand household subscribers.

Discovery Channel is the world's largest documentary producer and buyer. It attracts the world's best documentary producers, so Discovery Channel's programs are considered the best documentary entertainment programs in the world.

Once the transaction becomes reality, Liberty Media Group, which integrates Discovery Channel, Universal Pictures, Universal Studios, Universal Music and USA Network, will become a world-class media giant comparable to Disney, News Corporation and AOL Time Warner.

They took good care, but gave too little cash.

Vivendi doesn’t want shares now, just cash.

Soon, oil giant billionaire Marvin Davis also paid a high price to acquire Vivendi's US media industry.

Acquisition targets include companies such as Universal Studios, Universal Music Group and American Cable Networks, but the price offered failed to satisfy Vivendi's appetite.

In order to sell it for as high a price as possible, in June this year, Vivendi officially hired investment banks Citigroup and Goldman Sachs to sell its U.S. entertainment assets through bidding.