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American Fortune Life - Chapter 1180

Published at 7th of November 2021 08:15:50 AM


Chapter 1180: 1180

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The reason why those banks rush to send money to Andy is that Andy is not short of money, not only money, but also more money.

You should know that no matter which country's banks are good at, what they are good at is icing on the cake. There has never been a saying that there is no such thing as sending carbon in the snow.

Andy can even think that as long as he has problems in the capital chain, those banks that once almost had to kneel down to Tian will turn their backs, come to ask for debts, force Andy's living space, and then someone will come to ask for all kinds of demands, and make Andy have to come out with benefits in exchange for survival, which is the most common and effective means in the capital world 。

The business world is full of pitfalls and thunders. If he is a little careless, he will lose everything. Andy Smith himself knows his own weight, so he will spend tens of millions every year to raise a think tank that has expanded to 80 people.

Nima, if you want to cheat me, you should cheat these dozens of smart brains first!

This is Andy's inner monologue. He is very clear that his business foundation has not been consolidated, so it is he who has been implementing step by step and striving for success in stability, and keeps sober all the time.

"Al, how much cash can I transfer in the short term?" Andy has never forgotten the biggest goal of annexation in the financial crisis. He is very clear that he is not alone in holding the money to wait for hope in the feast. Warren Buffett, the old fox, has at least concentrated 30-50 billion dollars in cash.

Of course, the money is not the old fox's own, but in this period, so much money gathered together, the old fox is definitely brewing some big moves.

In the same way, Andy Smith would rather be in debt and let his company develop. He didn't use his cash. He was also holding a big move, which related to the guarantee of making money even if he didn't have the advantage of foresight.

"In three days, $23 billion in cash can be mobilized."

"Tut Tut, it's quite a lot." Andy smashed his mouth a few times happily. Just hearing this number, it made people feel comfortable. Although he knew that part of it was pulled from the Federal Reserve and needed to be changed, however, in this period when many banks are cashing out and there is no gold coming, Andy's money can undoubtedly play an immeasurable role.

You know, the financial system is in a mess, as it is in the United States and the rest of the world. What's worse, the problems of the financial system have spread to the whole economic system, and the original small leak is now turning into a violent Guan surge.

In the near future, the unemployment rate in the United States will continue to rise, business activities will stagnate, and media reports will be even more alarming.

Build walls high, accumulate grains widely, and become king slowly!

In Andy's opinion, it also applies to the present moment. Looking at al in the video, he laughs: "first, buy AMC cinema. After all, it's the same name as my TV station. It's really hard not to buy it."

"Boss, even if we bought AMC cinema, I'm not in favor of merging cinemas into entertainment media groups. Although the monopoly law of film companies has been abolished in the United States now, and even film companies are encouraged to own their own cinemas, there are some drawbacks in the large and comprehensive operation mode that are hard to be corrected.

We can acquire AMC cinema, but we should keep it out of the group. We can expand and annex it based on AMC cinema, aiming at the world's largest cinema. After that, we can sell some shares to reduce its liabilities, and then complete IPO, listing and financing. "

Andy ponders and nods slightly. It's not that he's soft-hearted, but that the acquisition of AMC cinema is just to complete his entertainment industry layout. As long as he can determine the status of his entertainment giant, it's not important to him whether the merger or the development of Du Li.

"Yes, it's a good idea. Let's do that. Start with the second largest hospital line in the United States, and finally make it the first in the world. In this way, the hospital line investment of China can also complete resource integration. That's it. Good night."

"OK, boss, goodbye." Alvertriel smiled and turned off the video connection, then leaned back in his chair, took off his glasses, pinched his nose, pondered for a moment, reached out and sorted out all kinds of scattered information on the table, put it aside, looked at the time, picked up the phone on the table, and called out.

"It's me who has the details of AMC cinema, including the financial statements over the years..."

This is the way things are. As long as big boss needs to be told, the group of people he spent money to support will need to solve it for him at the first time, that is, the typical true portrayal of the upper mouth moving and the lower leg breaking, which is common in the whole world.

Because of the soaring ambition of his boss, the size of his think tank has also expanded. After all, there are too many things to focus on, which requires enough people to complete.

Starbucks's acquisition still has a team to continue to follow up, but also from the free city investment company to mobilize several hands, waiting for Andy's big BOSS to make an order to attack.

Now I have joined the acquisition of AMC cinema. Gaia's group of people are really busy for a moment. It's also a very happy thing for Andy. He can't afford to support a group of idle people with his own money. It's only a thing for a qualified capitalist to be able to fully and effectively squeeze the labor achievements of his subordinates.Andy Smith, a big capitalist, saw the detailed introduction of AMC cinema later that day. His subordinates were very clear about his habits. What he wanted was to let him clearly understand the briefing of all aspects of the target company, rather than using his brain to extract the required content from various data.

To a large extent, the think tank is Andy Smith's external brain!

The screening industry in the United States is controlled by several major lines, including general line, Lianyi line, AMC line, Carmichael line, Marcus line and so on. Among more than 30000 screens in the United States, the major line controls about 1400 screens, while 45% of the controlled screens gather 80% of the box office revenue.

AMC cinema is the second largest theater chain group in the United States. It has 3500 screens in total, with an average of 15 screens in each. AMC has been selected by more than 200 million people every year in major cities in the United States...

In 2004, AMC was privatized. After privatization, AMC got a good development opportunity. In 2005, AMC successfully acquired another cinema that it failed to win in that year. It is precisely because of this acquisition that AMC cinema became the second largest cinema in the United States. It is precisely because of this acquisition that AMC cinema group also has a five strong independent board of directors.

Jpmp, Apollo, Bain, Carlyle, spectrum, five private funds indirectly hold 100% shares of AMC cinema through a merger and acquisition fund, while the shareholding ratio of the merger and acquisition fund is 21%, 21%, 15%, 15%, 10% respectively; the remaining 18% shares are held by the company's management.

It's a good thing to say that Andy frowns at the fact that these private equity bastards are playing capital games in the process of acquisition, making AMC cinema almost double its asset value in debt.

AMC cinema is valued at about $700 million at a bid that will impress the other party's acquisition, while it has a debt of as much as $1.5 billion, although the debt will be paid back in 2019-2020 in the medium term.

In this way, if Andy wants to complete the acquisition, he needs to undertake this part of debt at the same time. The acquisition price of $2.2 billion is inevitable.

Andy looks at the briefing and ponders. It's not a small amount, but in this economic situation, the five private funds should be eager to get rid of it. After all, everyone is short of money now. If there is a large-scale investor redemption, maybe these private funds will break the property.

Andy believes that as long as the intention of the acquisition is revealed, at least four of the five other companies will be happy to accept it. Watching the summary and analysis of the last paragraph of the briefing by the think tank, Andy will no longer hesitate.

"AMC will become a company with excellent cash flow in the future and have a superior industry position. And companies with excellent cash flow are more likely to obtain loans, and they have greater advantages in both M & A and M & A. "




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