American Fortune Life

As soon as the loan arrives, Free City Investment will split 2 billion of it, and the rest will naturally be in preparation for the acquisition of Marvel Entertainment.

But Andy wouldn't have spent Disney's original price of $4 billion to acquire Marvel, which was worth over $50 a share, which was insane.

Of course, missing the cabbage price at the time of bankruptcy in 1996, whatever it is now, the shareholders will now make a turnaround. Most importantly, the current economic environment and Marvel's load rate now have enormous advantages over Andy's next acquisition, and also because Marvel has not yet broken the pot sinking to sell iron shooting Iron Man. In its current form, Marvel still belongs to the kind of situation that has just come to an end, holding resources, but nobody can handle it.

After the loan was completed, everyone on both sides was busy handing over various subsequent funds, while Andy and Lewis came to the office.

Lewis took Andy's Havana cigar and lit it and waited patiently for this young man, who emerged as a legendary story, to tell him something amazing.

“Lewis, remember what I told you earlier, your sincerity will bring you unexpected gains? ”

Lewis couldn't help but shine his eyes, smile on his face, clasp a cigar with his forefinger, take a bottle of red wine and look at Andy pouring the red wine in two tall cups and ask eagerly: "Sure! I've been looking forward to that big plan you kept a secret from me. Is it time? And yes, now that you're home... Oh, my God, Mr. Smith, you're not making so much money for that big plan, are you? ”

Andy smiled and handed the wine to Lewis, who was already completely stunned, and shook his head: "Not all of it, but there are not a few funds I need, and most of my money goes elsewhere, and this big plan, I want you Bank of America to do it with me as my ally. ”

Lewis heard some hints in Andy's words, knowing that there might be some risk of this collaboration, but thinking about the legendary nature of the young man in front of him, he watched him gather wealth at an almost insane rate for over a year.

To say that people like Andy Smith need to lay out plans for so long, there is no great benefit in it, and fools don't believe it, since they have tasted the sweetness behind Andy, they certainly won't let go of any chance.

“Your goal...? ”

“MarvelComics-Marvel Entertainment Group!” (Although the name will be officially changed only in 2010, after all, people are still used to Marvel's name.

Lewis didn't have a surprise look this time, he had a psychological preparedness, but he took it for granted, not this company, and Andy Smith wouldn't be so cautious.

“Marvel... They contacted our bank some time ago in the hope of financing us with the image of 10 prominent cartoon figures under the collateral to recover the copyrights of some of the core players they had sold before, but because the amount of money was not negotiated, they eventually chose Merrill Forest and borrowed a total of $525 million from Merrill Forest.” Lewis frowned slightly and told Andy what he knew.

“Marvel's indebtedness rate is not low and there is a strong desire for funding.” Andy's knowledge of Marvel is also limited to superhero comics and movies, and the company's specific situation is being collected by his own think tank.

“Don't know how we work together?” What Lewis is more concerned about is the extent to which they can benefit from the program, which is directly related to whether or not they will be involved in the decision making in the program, after all, he is just an executive, not a big boss on the board.

“I want your bank to be my partner, allowing me to leverage the acquisition of Marvel Entertainment Group!” Andy smiled confidently on his face, his entire body leaning against the sofa, adjusting to a comfortable sitting position and spitting cigar smoke around, but his eyes became incredibly bright.

Lewis' pupils shrunk slightly, his eyebrows frowned and weighed the pros and cons. To be honest, he didn't know the real value of Marvel, but he knew that the least amount of money to acquire Marvel would cost around $2-3 billion, and Andy Smith was perfectly capable of completing the acquisition alone, but now he was pulling into the Bank of America, which means he didn't want to waste the money on the acquisition, and he was confident enough to maximize Marvel's profits in his hands.

He wouldn't question Andy Smith's ability. How many people now doubt Andy's ability to make money? Nima, it's going to be a little stone gold.

So-called leveraged acquisitions are also known as highly indebted acquisitions. It is a merger activity in which part of the funds are raised for acquisition, with a small amount of own funds secured by the assets of the acquired enterprise and future earning capacity.

“Mr. Smith, how much of your own money are you going to use as a basis? How much more money are we going to raise from our bank? How do you ensure that the company's post-acquisition revenue is sufficient to cover the high percentage of liabilities arising from the acquisition?” Lewis looked very serious, and the question he asked was his own answer to go back and convince the board.

“I will use 500 million dollars as a base fund, and the rest of the subsequent acquisitions will be raised by your bank, and I have a systematic long-term plan for Marvel, with specific profitability projects, but this involves strategic-level business plans, which need to be kept confidential until your bank agrees to cooperate, and I can't say much, but everyone knows what Marvel's most valuable, close to 5,000 superhero characters, and I have movie companies, gaming companies, and I think these unrealisable IPs, will keep turning into US dollars in my hands! ”

Andy is not embarrassed by Lewis' questioning, which involves a billion or even two billion dollars of business, and without a reason to convince the board of directors of the Bank of America that it would be difficult for him to buy his own property with the money of the Bank of America.

After all, buyers who achieve the goal of making high profits with little money are best placed to use other people's money, also known as "buying artists”.

Of course, if you look away, the real assets of the target company are too cheap to acquire, and this high-leverage merger and acquisition is also known as a "tomb dancer”.

Lewis left with an answer that Andy wasn't very convincing, and although Lewis' expression had always been heavy, Andy wasn't worried that the Bank of America would reject his plan, because all the next thing the Bank of America had to do was quickly organize people to assess Marvel Entertainment Group assets to weigh the pros and cons, which also saved Andy a lot of work for the team, after all, and nobody was more professional than the Bank in assessing assets.