Fengyu Holdings Group announced that it would spend US$5 billion to acquire 98.3% of MGM's shares. The remaining 1.7% is in the hands of Mayo and several other MGM executives. He will also remain at MGM, and Fengyu Holdings also has the power to compulsorily acquire MGM shares from those shareholders.
On the same day, Fengyu Holdings announced that it would reorganize MGM’s assets. MGM’s coffee assets were sold to Starbucks, and MGM’s hotels, resorts and other property assets were sold to Trump Holdings. , that is, Donald's company.
Several of MGM's film studios, cinemas, and television companies were retained by Fengyu Holdings and operated by themselves.
At the same time, Fengyu Holdings announced that MGM will continue to shoot the 007 series this year, and the script has been written, ensuring that everyone will not be disappointed.
At the same time, the production of several movies is on the agenda, and the scripts have been certified by the film union in the United States, so that even if they are not made, others cannot imitate them.
These scripts were all dictated by Feng Yu and recorded and improved by well-known screenwriters. Among these well-known screenwriters, there is also a great director who shot Batman. Feng Yu plans to give him a movie to shoot. The movie is called "Inception"!
Just when everyone thought that this was all Fengyu Holdings would do, Fengyu Holdings announced that it would initiate the acquisition of AMC Cinemas, the second largest theater chain company in North America, with thousands of large screens and the earliest One of the theater chains with 3D and IMAX theaters.
At this time, it will still take some time before the box office explodes in the United States, so these theater chains do not need too much premium yet.
But even so, the acquisition price offered by Fengyu Holdings exceeded US$1.6 billion.
According to asset evaluation, AMC's market value at this time is around US$1.5 billion, which is already a premium of more than 6%!
After the news broke, the entertainment media and economic media were in an uproar.
The front page of many media outlets that day was this news: Fengyu Holdings is making a big move into the film and television entertainment industry!
Originally, Fengyu Holdings Group was shocked when it acquired MGM, but now it has started to acquire movie theater chains, which many people did not expect.
They think that Fengyu Holdings should focus on the IT industry, electronics industry and financial industry. This is also the main impression that many people have on Fengyu Holdings Group.
Even retail giants like Amazon, in the eyes of many people, belong to the IT industry, because it is an online mall and cannot do without the Internet.
The types of industries invested by Fengyu Holdings Group are also performing very well. Although Amazon's profitability has never been very high, it has developed into the world's number one online mall. From the steady increase in its stock price after its listing, we can see how much investors trust it.
And Guge Company, a company that was abandoned by Yahoo, has now grown into the world's number one search engine. At the same time, they also knew that Qiandu, the world's second-largest search engine company, also had investments from Feng Yu, in the name of another Taihua Holdings Group.
Among the two holding groups controlled by Feng Yu, Fengyu Consulting, the subsidiary with the highest market value and assets, is mainly engaged in financial investment. This is also the company that many people analyze as the real rise of Feng Yu.
During the Asian financial turmoil, even giants like Soros lost, but Feng Yu won a big victory and his assets skyrocketed.
Then the stocks, futures, etc. that Feng Yu invested in all made huge profits. Even now, Feng Yu's investment in the futures market is still the largest.
But just when they thought Feng Yu would continue to steadily invest in such companies, Fengyu Holdings Group actually invested in the film and television industry. Was this Masao Kameda's idea or Feng Yu's
After these news broke, the film and television giants in the United States felt that they were in trouble. In Feng Yu's hands, the dying lion of MGM may truly turn into a male lion to swallow up the market that originally belonged to them.
The most depressing thing here is Sunni Company. Originally, they hoped to acquire MGM, so that they would become the world's largest film and television production company and have the most film and television copyrights. Join forces and look down on other companies.
But all these dreams were shattered by Fengyu Holdings Company.
They snatched MGM away from Sunny's mouth. Moreover, Mayo, the CEO of MGM, ridiculed him for being a petty person. This matter was actually mentioned by Mayo in front of the media.
The reports on the entertainment page that day were all about Sunny's petty attitude. Other film and television companies also took the opportunity to criticize Sunny, which made Sunny Pictures very passive.
Some media even claimed that Sunny could not even come up with US$5 billion, and that Sunny was no longer a big first-tier company. This news caused Sunny's stock price to fall a lot that day.
But this time, Fengyu Holding Group wanted to acquire AMC, and Suini originally planned to trick Fengyu Holding Group into raising the price.
As a result, as soon as Kojima Cangjie contacted the president of AMC, the other party directly refused without even listening to the quotation.
Because the other party believed that no matter how much Suini quoted, there would be no cash. They will never accept a leveraged buyout anyway. After all, AMC's assets are relatively good, its profitability is acceptable, and its debt ratio is not high.
Kojima Cangjie is so depressed. The other party doesn't even give him a chance to make a quotation. How can he raise the price
After MGM was acquired by Fengyu Holdings Group, he was often harshly criticized by the headquarters. I wanted to take revenge this time, but unfortunately everyone seems to have concluded that Suini has no money.
Sunny can't get out the US$5 billion in cash, but it still has US$1.5 billion in cash. Why can't it make an offer? Can't you even listen to it
There are no competitors to compete with Fengyu Holdings Group. No one now thinks that investing in theater chains will make a lot of money. It's just that the number one theater chain is a little nervous. They think Feng Yu plans to form the world's largest theater chain company.
Add in MGM's original theater chain, and it's almost the same as them. If we acquire one or two smaller theater chains, it will be absolutely easy to become the number one in the world.
It may be difficult for other companies, but for Fengyu Holdings Group, there is no pressure.
And they also know that Taihua Holdings Group established a cinema chain company in China last year. Relying on the construction of Taihua Supermarket Group, every Taihua super supermarket has a Taihua Cinema.
If Taihua Cinemas merges with AMC, it will already be the largest theater chain company in the world!
The benefits of being No. 1 in the world are self-evident. The boss always has the most say. So the world's number one cinema chain company also began to negotiate with several small cinema chain companies, planning to merge and acquire them to ensure that it is the number one in the industry!
At this time, Fengyu Holdings Group announced another big news.
… (To be continued.)