American Fortune Life

Those banks rushed themselves to the door to lend Andy money because Andy didn't need it, he didn't need it, he couldn't afford it.

You know, the best thing about banks in any country is that they never send charcoal in the snow.

Andy could even imagine that, once he had a problem with the chain of funds, those banks that were almost kneeling to tian would turn their backs, go to the door and push Andy's living space, and then someone would come to the door and make demands that Andy have to make a profit in exchange for survival, which is the most common and effective means in the capital world.

In the business world, where there are pits and rays everywhere, a little carelessly, he loses everything, and Andy Smith knows himself, so he spends tens of millions a year raising a think tank that has expanded to 80 people.

Nima, you want to fuck with me, you can fool these dozens of smart brains first!

This is Andy's true monologue, and he knows very well that his commercial foundations are not solid, so it is he who has been following through and staying awake as he moves towards a steady victory.

“Al, how much cash can I mobilize in the short term?” Andy has not forgotten the biggest goal of the financial crisis that he hopes to annex, and he knows perfectly well that he did not hold his own coins at this banquet and that Old Fox Warren Buffett had at least $30-50 billion in cash in his hands.

Of course, the money is not for the old fox himself, but in this period of time, so much money comes together, and this old fox iron must be brewing something big.

By the same token, he, Andy Smith, would rather let the company grow indebted than use the cash in his hands, also holding up the big move that even if he did not have the advantages of the prophet's perception, he could lay him down to make money.

“Within three days, $23 billion in cash can be mobilized. ”

“Tsk, that's a lot.” Andy had a little fun smashing his mouth a few times, and just hearing that number made him feel all comfortable, although he knew that there was another part of it that had been picked out of the Fed and needed to be replaced, but this money in Andy's hands could undoubtedly play an incalculable role in a time when many banks didn't cash in.

You know, the current financial system is a mess, both in the United States and in the rest of the world. Worse still, the problems of the financial system have spread throughout the economy, and the small leakage is now turning into a fierce surge of guan.

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

Build walls. Bulk of food. Slowly known as the King!

In Andy's view, this applies to the moment as well, watching Al laugh in the video: “I bought the AMC cinema first. After all, it's the same name as my TV station. It's hard to say without buying it. ”

“Boss, even if we bought AMC cinemas, I don't approve of merging them into entertainment media groups. Although the United States has now revoked the monopoly laws of cinema companies and even encouraged cinema companies to own their own, there are, after all, some irreversible drawbacks to that broad and complete operating model.

AMC Exhibitors We can acquire it, but it should be unique to the group, based on AMC Exhibitors, with the goal of expansionary annexation as the world's number one exhibitor, after which the sale of some of its shares reduces its liabilities and completes IPO, listing financing. ”

Andy shrugged and nodded slightly, not softly in his ears, but simply completed his entertainment industry layout by acquiring an AMC estate. As long as he was able to determine the status of his entertainment alligator, as for mergers or du-li development, it didn't seem important to him.

“Yes, it's a good idea, so let's start with this second largest exhibition in the United States, and finally make it the world's number one, so that the investment in Tianjing's exhibition can also complete the resource integration, so that's it, good night. ”

“Okay, boss, bye.” Alvitelli smiled and turned off the video connection, then leaned against the back of the chair, took off his glasses, pinched his nose beam, and after a moment of silence, he reached out to sort out the various pieces of information spread out on the table, put it aside and looked at the time, picked up the phone on the table and dialed out.

“It's me, getting people to sort out details about AMC cinema, including financial statements for calendar years... ”

That's the way it is. As long as Big BOSS needs it and commands it, the group of people he pays to feed needs to be solved by him at the first time, which is typically moving his mouth up there, and running legs down there is a real picture, which is common all over the world.

And because his ambition for the big BOSS continues to soar, and his think tank expands, after all, there are too many things to focus on, which requires enough people to do it.

The Starbucks takeover continues to be followed up by a team that has also mobilized several players from Free City Investment to await orders from Andy, the big BOSS, to attack.

Now joining the AMC movie theater acquisition case, this group of people at Gaia is really not free for a moment, which is also a very happy thing for Andy, he can't afford to raise a group of idle people, can fully and effectively squeeze the work of his subordinates, is what a qualified capitalist should do.

Large capitalist Andy Smith, later that day, saw a detailed introduction to the AMC cinema, and his group, who knew his habits very well, wanted him to have a clear understanding of all aspects of the briefing for the target company, rather than to use his mind to extract what he needed to know from the various data materials.

The think tank, to a large extent, is his Andy Smith's external brain!

The United States' projection industry is controlled by several estates, including Universal, Union, AMC, Carmichael, Marcus, etc. Of the more than 30,000 screens in the United States, the estate controls approximately 14,000 screens, while 45 per cent of the controlled screens amass 80 per cent of box office revenue.

AMC Cinema is the second-largest exhibition chain in the United States, with a total of 3,500 screens, an average of 15 in each major city across the United States, with over 200 million people choosing AMC each year.

In 2004, after being privatized and privatized, AMC had a great opportunity to grow. In 2005, AMC successfully acquired another estate that it had not been able to take down that year, precisely because of the acquisition, which made AMC the second-largest estate in the United States, and precisely because of the acquisition, which also gave AMC Cinema Group a five-strong board of directors.

The five private equity funds of JPMP, Apollo, Bain, Kelley and Spectrum indirectly hold 100 per cent of AMC cinema shares through a merger fund, while the shareholding ratios of the merger fund are 21 per cent, 21 per cent, 15 per cent, 15 per cent and 10 per cent, respectively; the remaining 18 per cent are held by company management.

It's all right to say that Andy was also frowned upon by these private bastards who played capital games during the takeover process, making AMC theater almost twice as indebted as its own assets.

AMC Cinema valued at approximately $700 million, based on quotations that could inspire the other party's acquisition, while its own liabilities amounted to as much as 1.5 billion, although the medium-term repayment of this liability took place in 2019-2020.

Thus, if Andy was to complete the acquisition, he would have to take over the debt at the same time, and the $2.2 billion acquisition price was inevitable.

Andy looked at the briefing and was caught in contemplation, which was not a small amount, but the five private equity funds should be in a hurry to break free at this point in the economy. After all, everyone is now short of money, and if large-scale investors redeem them, they might go bankrupt.

Andy believes that if he reveals his intention to acquire, he will be happy to accept at least four of the five and will not hesitate to look at the summary analysis in the last paragraph of the briefing by the think tank.

“AMC will be a company with excellent cash flow in the future, with an excellent position in the industry. Companies with excellent cash flows, however, have greater advantages in obtaining loans, be they mergers or acquisitions. ”