sinovels Chapter 536 Sold! We're Sold!
Chapter 536 Sold! We're Sold!
August 14th, morning.
Arad rushed to Sioux City in a hurry and reversed the jet lag that day. He immediately went straight to the headquarters of Future Group to visit.
If he hadn't arrived in Suzhou too late last night, he would have even wanted to get off the plane and visit directly.
no way.
He is afraid of long nights and many dreams.
I am even more afraid that Future Group will really give up on acquiring Marvel.
The father, the financial backer of Future Group, has run away. When will the next father come to visit?
The point is...Marvel really can’t afford to wait now!
Future Group Headquarters, reception room.
What surprised Arad was that Lu Dao was also present at this meeting.
"We reluctantly sold 2.5 billion meters of gold. As long as Mr. Lu can nod, we will submit relevant documents to the Federal Ministry of Justice tomorrow. After the meeting, there was no greeting
Arad said straight to the point.
Lu Yi said: "2.2 billion meters of gold, at this price, agree, we will sign an agreement immediately!"
Hearing that Lu Yi cut off 300 million meters of gold in one go, Arad also had a headache.
really.
It is said in the industry that negotiating with Lu Yi is a very troublesome thing.
Even the big guys on Wall Street couldn't get any advantage when negotiating with Lu Yi.
Now that he is negotiating with Lu Yi in person, Arad has finally experienced it.
Although after discussion by the board of directors, the price range set was between 2 billion and 2.5 billion meters of gold, Arad naturally wanted to gain more benefits.
"this……………"
Arad still wanted to argue, but Lu Yi interrupted: "Mr. Arad, if the price of 2.5 billion meters of gold had been paid before the copyright dispute broke out, we might have agreed with gritted teeth."
"But now, Marvel is in trouble."
"After acquiring Marvel, we still have to spend time and energy resolving the copyright dispute with Jesse Kirby's heirs. No matter how you think about it, the gain outweighs the gain."
Arad's face changed slightly, and looking at Lu Yi's irresistible eyes, he was defeated.
If it weren't for the fact that he didn't have any bargaining chips, he would never have behaved so weakly in front of Lu Yi.
"Okay! Just 2.2 billion meters of gold!"
Arad nodded, but quickly added.
"But in terms of the acquisition method, we hope to achieve it through cross-shareholding, and pay with Future Group's shares plus part of the cash."
This was also decided after discussions between Allard and board members.
While Marvel is embracing the big leg of Future Group, if their core management can get the equity of Future Group in this merger and acquisition, they will never lose money.
Although the revenue of Future Group has fallen sharply due to the subprime mortgage crisis, the stock price has been falling all the way, and the market value has dropped from the peak of more than 200 billion yuan to below the 100 billion yuan mark, and the market value has been cut in half.
But there is no doubt about the development potential of the group in the future.
The stock prices that are now falling due to the subprime mortgage crisis will eventually rise again with the end of the subprime mortgage crisis.
They still have this vision.
And at the same time.
Cross-shareholding can also prevent hostile takeovers by Future Group and stabilize the company's management rights.
"Okay! No problem, it's decided."
Lu Yi immediately nodded in agreement.
Originally, before this, he was also planning to complete the acquisition in the form of cash and stocks.
This is also very beneficial to Future Group.
The saved cash can be used to buy your own stocks at the bottom. After several rounds of capital operations, it is equivalent to using part of the 2.2 billion gold to buy your own company's stocks at the bottom.
Then use part of the stocks obtained from bargain hunting to cross-hold with Marvel, which can save a lot of money.
soon.
The two parties reached an agreement and signed relevant agreements.
According to the acquisition agreement, existing Marvel shareholders will be able to exchange 9 meters of gold cash plus approximately 0.168 future group shares for each Marvel share they hold.
The above-mentioned transaction values Marvel at US$27.5 per share, a premium of approximately 29% to Marvel's closing price on Friday.
The matter was settled.
After the negotiation was completed, Arad did not stay too much in Sioux City and flew directly back to North America that day.
Soon, relevant news appeared in major media in North America.
[It is reported that Future Group has reached an agreement with Marvel Company. Future Group will spend 2.2 billion yuan to acquire Marvel Company. 】——"The New Yorker"
[Future Group’s merger with Marvel has been approved by the boards of directors of both parties and Marvel has submitted relevant documents to the federal Department of Justice. ——"New York Times"
[The dust has settled! Marvel has been acquired by Future Group, and the two parties have reached relevant agreements! However, the merger still needs to undergo antitrust evaluation and be approved by Marvel shareholders. 】——"Los Angeles Times"
[Big deal! IT giant Future Group, which is not short of money, once again spent 15.2 billion yuan to acquire Marvel Comics. It is reported that the acquisition will be paid in cash and stocks, and the specific transaction details have not been further disclosed by the parties. 】——Longguo Finance Network
[As capital enters the cold winter era, Future Group keeps buying and buying. After first spending 5 billion meters to obtain the copyright lease agreement for more than 10,000 digital movies, today it spent another 2.2 billion meters to acquire North American Marvel. 】——Sohu News
[Future Group has spent more than 7 billion yuan to expand online streaming video content resources and strive to build VideoSpac193e into the world's largest online video website!] - Wangyi News
[Shocked! Future Group spent 2.2 billion meters of gold just for...]——Squirrel Qigui Cadre
As the news spread, domestic and foreign media reported frantically on the merger.
at the same time.
Arad and Lu Yi have also been interviewed by the media many times.
In an interview with the Global Times, Lu Yi said the deal would be beneficial to both companies.
He said in the interview that Future Group will not try to change the Marvel brand.
He also said that in the future the group plans to develop the Marvel brand through its extensive distribution system.
In an interview with the CNBC TV channel, Allard was asked how to deal with copyright issues. He said that after the merger is completed, Marvel will formally file a lawsuit and ask the court to rule on the other party's previous proposal to "recover the copyright of the comic characters created by Kirby." "The notice is invalid.
at the same time.
Future Group has also publicly stated that it will take an offensive stance to protect the rights and interests it has obtained.
Regarding this issue, Lu Yi is actually not too worried.
after all.
The group has maintained a large number of professional legal consultants, and they are also highly paid.
At this time, these people will naturally come in handy. .