Reborn as a tycoon in Hong Kong
Chapter 370 Acquisition of Marvel (Part 1)
Starting before Christmas, companies here in the United States have almost started to have a holiday, which is similar to the Spring Festival in China.
Of course, although it is a holiday, it does not mean that all employees will take a break and the company will be closed. Depending on the company and the company's requirements, some companies will only take turns to take breaks.
For example, every toy store in Starlight Company has its best business around Christmas. How can it be a holiday? The company requires all employees to work during this period in the form of overtime.
Of course, you will say that Americans don’t work overtime. With trade unions in place, it’s impossible for companies to force employees to work overtime.
This is indeed true, but there are policies at the top and countermeasures at the bottom. Companies often do not force employees to work overtime, but instead tempt employees with high salaries. At the same time, employees who do not want to work overtime will find temporary workers to replace them.
When the official start time comes after the new year, employees who did not work overtime before will find that their jobs have been taken up by temporary workers, and the company will not fire these employees because there is a contract in place, and fired employees will have to compensate for a fee.
Companies often do this, which is to let these employees do nothing for the time being and receive half salary or one-third of salary every month. However, such a small amount of money is not enough for many people and they simply cannot survive the company. In the end, they just Ability to resign on one's own initiative and find another job.
After so many years, capital has long thought of ways to deal with employees. Of course, capital does not dare to go too far, because if the employees unite with the help of the guild, once trouble occurs, the capital will suffer the most in the end.
After all, if a large number of employees go on strike, it will inevitably cause a lot of losses. What's more, once things get big and the media and the White House start to get involved, it won't be that easy to calm things down.
After Christmas, because several companies were no longer working, Lin Baicheng took Maori Haruko to play in other cities. At the same time, he visited the Starlight Toy Store in that city to observe how the clerks were doing.
After Christmas, something happened that made Lin Baicheng happy, that is, the international gold price began to rise again. After rising above 230 US dollars per ounce, it began to fluctuate sideways.
The international gold price has risen, and the increase is not small. Naturally, Hutchison Whampoa's stock price has also risen, breaking through the price of 60 Hong Kong dollars again, but it has not reached 65 Hong Kong dollars, let alone the previous high of 70 Hong Kong dollars.
Hutchison Whampoa's stock price once again exceeded HK$60. Naturally, the Hutchison Whampoa shares held by offshore companies can be slowly sold to withdraw funds.
On New Year's Day, Lin Baicheng and Maori Haruko returned to Los Angeles.
This day is actually the official New Year in the United States, but Americans don’t pay much attention to the New Year. There is no New Year atmosphere at all, and its excitement is incomparable to Christmas.
Relatively speaking, Americans pay more attention to religious-related festivals such as Christmas, Easter, and Thanksgiving.
Americans themselves don't pay attention to the New Year, and Lin Baicheng doesn't pay attention to it even less. On New Year's Day when we returned to Los Angeles, Haruko Mouri and I didn't go anywhere, nor did we specially celebrate the holiday. We just stayed in the villa.
On the second day of New Year's Day, many companies officially started working today. Except for Starlight Company, all companies under Lin Baicheng's name started working officially.
As for Starlight Company, since they haven’t had much rest in the past, they will arrange for employees to take time off starting tomorrow. The traffic volume has begun to drop after the holidays, and it is time to compensate employees.
That night, Lin Baicheng and Wade Thomas of Goldman Sachs met at the villa. During the day, Wade Thomas said he wanted to talk to Lin Baicheng about Marvel Comics, and the two made an appointment to meet at Lin Baicheng's villa in the evening.
In the study, besides Lin Baicheng and Wade Thomas, Maori Haruko was also there, and Lin Baicheng did not avoid her.
"Alan, Marvel Comics is now in the hands of Cadence Industries. In 1968, Cadence Industries bought Marvel Comics from Marvel Comics founder Martin Goodman for $15 million. Comics, this is the first time Marvel Comics has changed hands.”
"Comics are not the main business of Cadence Industrial Company. The reason why Cadence Industrial Company acquired Marvel Comics was because the prospects of the comics industry at that time were very attractive. In 1967, Marvel Comics' monthly The circulation volume was 6 million copies. The domestic population at that time was about 200 million people. This circulation volume meant that about 3% of Americans had read Marvel comics every month. At that time, Marvel had become a IP cash cow, of course such a cash cow was seen by the market, and was finally acquired by Cardans Industrial Company from the founder."
"But as I told you the other day, after the late 1960s, due to the impact of color television, the comic book industry began to decline. Although the overall market value of Marvel Comics has increased a lot compared with the original, it did not give Cardang Sri Lanka Industrial Company will bring the expected huge returns."
"Therefore, although we at Goldman Sachs have not yet contacted Cadence Industries, based on our judgment, Cadence Industries would definitely not mind selling Marvel Comics as long as there is a sufficient premium."
"Thomas, are you saying that I can acquire Marvel Comics?"
After hearing what Wade Thomas said, Lin Baicheng asked the most critical point. If the acquisition cannot be made, there is no point in talking more.
"Yes!"
Wade Thomas nodded and said: "Although Marvel Comics is well-known, its profitability is average and it is not a big company. As long as Allen, after you reach a deal with Cardans Industrial Company, spend money on public relations and lobbying, you will definitely Gets you through the acquisition of Marvel Comics.”
Lin Baicheng nodded and asked aloud: "So, what is the approximate valuation of Marvel Comics now? How much will it cost me to acquire this company, and how much will it cost for public relations and lobbying?"
Wade Thomas listened and said: "Alan, this requires us at Goldman Sachs to conduct an in-depth investigation before we can give you a rough valuation. Without confirming whether you have entrusted us at Goldman Sachs to acquire Marvel Comics, we cannot It would be a waste of resources to investigate this company.”
"Okay, you'll come over again around ten o'clock tomorrow morning. Then I'll have someone draw up a contract and officially entrust Goldman Sachs to help me acquire Marvel Comics."
Lin Baicheng immediately said that although it would cost tens of millions of dollars to acquire Marvel Comics, and don't expect this company to make a lot of money for Lin Baicheng in the short term after the acquisition, the sooner this company acquires the company, the better. In the future, this company will give He brings huge returns.
"Okay, no problem."
This is a performance for Wade Thomas, and he has no reason to refuse.
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