I’m in Hollywood Chapter 1178: Closed summer file
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Martha ’s Vineyard, located about 100 kilometers northeast of Long Island, has the title of 'star back garden', but in fact, the residents of this small island have almost accommodated billionaires, movie stars, politicians, artists Wait for all types of United States high society elite groups.
Eric specifically bought a manor on Martha ’s Vineyard in order to prevent Cindy and her little fellow from being disturbed by the outside world for the next few months.
In recent days, although the media and the public have been clamored by a series of events in the Firefly system, Eric left Manhattan and rushed to the manor on the island to accompany Cindy.
However, even though most of the work can be pushed away, some things are still difficult to avoid.
State Street Universal fund Chairman David · West and Wall Street Another asset management company BlackRock Fund CEO Larry · Fink got off the car outside a manor in the middle of the island, looking at the blonde German girl who came to meet the two, Can't help but secretly envy Eric, they naturally regard Kathryn Neumann as a professional model.
Kathryn · Neumann welcomed the two guests into the living room of the manor house, served coffee to them, and said, "Please wait a moment, Mr. Williams will accompany Miss Crawford to check the body and you will be back soon."
David · West and Larry · Funk also visited suddenly and nodded one after another.
Kathryn · Neumann finished, and politely asked if the two guests had other needs, then quietly exited the living room.
Two middle-aged people chatted in a whisper for a while, and some noise came from the yard, knowing that Eric returned, and stood up together.
Eric walked in with Cindy, whose belly was already bulging. Everyone greeted, Cindy took the initiative to leave the living room and went upstairs. The three men sat down again.
Recently, news about Firefly Group's clover fund drawing large sums of money before the NASDAQ market crash has gradually spread.
Although this income is not reflected in Firefly Group ’s second-quarter financial report, even if some financial means can be used to continue to hide the clover fund ’s revenue for one quarter, the final annual financial report for next year will definitely still be To disclose these.
Firefly Group has a small number of external shareholders, but it is not a minority. As much as possible for a while, as more and more relevant news in the media, Eric has no expectation of concealing the detailed data of this income. He now only hopes to drag it as long as possible. After all, at the beginning of next year, many people should have come out of the pain of the Nasdaq crash. When they hear the news that the Clover Fund will withdraw 10 billion USD funds from the Nasdaq stock market, the chances of various reactions will be much lower. .
However, the planned no dividend plan has not changed.
It is just that as many investors suffered heavy losses in the Nasdaq crash and urgently needed supplementary funds, Eric did not give up this opportunity to repurchase Firefly Group stock. In the last meeting with David · West, he said that only the small shareholders of Firefly Group are willing to sell their stocks, and Firefly Group can liquidate this year's profits at the same time.
Although shareholders such as Buffett's Berkshire · Hathaway still have no intention of selling Firefly Group shares in their hands, there are still some small shareholders who have chosen to sell.
David · West and another small shareholder representative Larry · Finke just came here today to discuss this matter.
Speaking of this, the Blackrock fund represented by Larry Fink can be literally translated as the Black Rock fund, which is similar to State Street Universal. This fund is also born from United States, another famous investment company, Blackstone Group.
The men chatted downstairs. After Cindy went upstairs, they came to a living room on the second floor of the villa, holding a magazine and leaning comfortably on the sofa. They occasionally looked up and sprinkled on the second floor. Golden sunlight on the terrace outside the floor-to-ceiling windows.
Although it is already early autumn, the sunset in the evening still looks a bit blazing, but as a summer resort more comfortable than Long Island, this villa on Martha ’s Vineyard does not seem to be hot at all.
Subtle footsteps came from behind. Cindy looked up and saw Kathryn Neumann walked in with a small tray waiting for the girl to put the tray on the coffee table in front of her. Cindy took it from the porcelain plate in the tray After eating a bite of dim sum, he motioned to Kathryn · Neumann to sit down next to him and said, "Eric said that I can also participate in the maintenance of Elite. Have you helped me come up with ideas these days?"
Kathryn Neumann sat on the single sofa next to him and shook his head: "Mr. Williams is not a good choice to buy Elite. This company has many problems, bloated institutions, excessive expansion, and financial confusion And, there are still many moral hazards. "
"I have been in Elite before, and of course I know its problems. In fact, I also understand that the problem lies with John Casablanca. Over the years, Elite has developed to the extreme. There is no more self-motivated. Elite has been quickly caught up by IMG's professional model department in recent years, because the management ideas of John can no longer keep up with the development of the times, "Cindy said suddenly, and then suddenly turned the conversation, saying:" However, You should also know that, just like the rich who like to buy a team, Eric is obviously more interested in professional model Brokerage Firm. "
Kathryn · Neumann said: "In this case, John · Casablanca should be replaced before the Elite can be rectified and rejuvenated."
Cindy shook his head and said: "This is not enough, Eric never thought about replacing John. You should also understand his temperament. Eric prefers to use gentle methods to reform a company, like, um, warm water Cook the frog. "
Kathryn Neumann nodded undetectably and stopped talking.
Cindy slowly finished eating a snack in his hand, and turned to his side, reached out and took off the black-framed glasses on the nose bridge of Kathryn · Neumann, and looked at it with interest. The temperament suddenly changed significantly. The girl laughed: "Are you confused, why is it that Eric, a person with many personality defects, can achieve the current success?"
Kathryn Neumann plucked the blond hair that fell off his forehead after Cindy took off his glasses. Still no words, the blue eyes looked over with curiosity.
Cindy played with the black frame in his hand and said, "Actually, after you have been in this circle for a long time, you will find that many rich people are far less intelligent than you think, some people even It can be said that they are very stupid, but they can accumulate huge amounts of wealth, perhaps because of family background, maybe because of luck, or other kinds. If you have to find a reason, then, in simple terms, this is an unfair world . "
Kathryn Neumann ’s beautiful face shows a thoughtful look.
Cindy looked at the girl ’s expression, smiled, stretched out her hand and put the black frame glasses back on her, hiding the extroverted temperament of Kathryn Neumann, saying, "So, even if you are smart, It ’s even far smarter than many others. But if you want to stand out, you still have to learn to make yourself look less smart. We are women. In this patriarchal society, we should understand this. A little. "
Kathryn · Neumann frowned and seemed to think of something not so good memories.
Cindy is more relaxed. He twisted his body, reclined comfortably on the sofa, and looked at the girl beside him: "Actually, if it was n’t for me, you would n’t get hired. You ’re so smart, definitely You can also guess some reasons. But you still came to me, this is your chance. You are a girl with ambitions, but want to achieve, first of all, you have to completely forget your ambitions, 100% put yourself Where you are now. "
Kathryn · Neumann's eyes flickered slightly, and he whispered quickly: "Miss Crawford, I understand."
Cindy nodded with satisfaction, "Then, the first thing you need to do next is to help me fight for more initiative in the two companies IMG and Elite. Compared to beautiful vases, Eric has always been All prefer women with excellent abilities. "
In the living room downstairs, Eric did n’t know the private conversation between the two women, and they discussed with David · West for an hour, before they basically settled things down.
According to the David · West brought the two people to bring the plan, to complete this acquisition, Eric may be able to repurchase about 5% of Firefly Group shares.
In terms of price, Eric still made some concessions and calculated the dividends that need to be paid. This time he will need to spend 7.5 billion USD funds, which is more than the original estimate of 500 million USD.
After completing this repurchase, Eric ’s shareholding in Firefly Group will also rise to about 78% again.
Generally finalized the repurchase plan, sent away David · West, Eric came to the villa's own study, picked up the phone and notified Los Angeles's Katzenberg, let him take care of the next thing.
Hang up the phone, Eric turns on the computer, and view the financial data of the two companies that invested in Firefly Group and Firefly in the most recent period.
As expected from the outside world, before last week ’s reduction, the total amount of cash held by Firefly Investment Company did reach 10 billion USD, the exact amount is 13.6 billion USD, which is much higher than the statistics of many Wall Street analysts. On the Firefly Group side, after the tax is reserved, it is just the Clover Fund, and the free cash flow scale brought to Firefly Group reaches 36300 million USD.
When the two are added together, the cash reserve of nearly 50billion USD seems to be huge, but if the expenditure of the Firefly system is calculated for a period of time in the future, this money is still far from enough.
With the further decline of the Nasdaq index, at this time, Firefly Group and Firefly investments have begun to secretly execute the next expansion plan.
The next major expansion target of Firefly investment is Sprint.
At present, Sprint, entire US's third largest telecommunications operator, has fallen from its peak market value of 109billion USD a few months ago to less than 40billion USD.
Although there is still room for decline in Sprint's stock price, Firefly investment has begun to enter the market, constantly absorbing Sprint's stock.
Chris plans to expand its shareholding in Sprint to 30% before launching an acquisition of this company.
So, according to the current market value of Sprint, on the basis of the original 10% holding of Firefly investment, if you want to absorb an additional 20% of the stock, you need to invest funds between 7billion to 8billion USD, which has already occupied Firefly invests a large part of its cash reserves.
Moreover, once the acquisition is formally initiated and another 70% of Sprint's stock is bought, it is conservatively estimated that at least 20billion USD of cash will be needed.
The money from Firefly Group has been determined to remain entirely in Hollywood. Therefore, when the time comes, Firefly investments must be financed by huge debts of up to 20billion USD. But that was just the beginning. Sprint's acquisition was completed. To further expand this company, the Firefly system still needs continuous blood transfusion.
In addition, on the Firefly Group side, the company has also begun to absorb the stocks of Comcast and Hasbro at the same time.
For the smaller Hasbro, Firefly Group intends to win all within this year.
The current market value of Hasbro is hovering between 2billion and 2.5 billion USD. Firefly Group has made a budget of up to 3billion USD. As long as it can buy Hasbro within this year, the financial expenditure of 1 billion USD can also indirectly bring a large amount of tax to Firefly Group. Relief.
But for Comcast, there are too many things to consider.
Through the expansion period of the cable TV industry in the 1990s, although the Nasdaq crash, the Comcast, which belongs to the new technology industry, will not be too good in the next few years, but the company ’s operating status However, it gradually stabilized and the profit scale gradually increased, which is why Comcast wants to further annex AT-T's cable TV business to further expand itself.
When the development momentum of the company is good, the enthusiasm of Comcast shareholders and management in the face of the bid invitation will be reduced a lot, and may even show resistance.
Also, although there is a merger case of AOL and Time Warner in the front, with the current size of Firefly Group, if you want to annex Comcast, the anti-monopoly level is still an important level that the company needs to face.
In addition, Eric actually wants to launch a series of serial acquisitions, and at the same time take down Comcast and At-T's telecommunications, and integrate it into a cable TV operator Big Mac. Once the plan is formed, the Firefly Group looks huge. Cash reserves, in a blink of an eye, seemed a bit overwhelmed.
Eric was sitting in the study room thinking about these things. Occasionally flashing light made a call to Chris. Until night fell outside the window, Cindy knocked on the door and walked in to ask Eric what to eat for dinner.
After talking with Cindy, when the woman left, Eric turned on the light of the study, heard the prompt tone of new mail in the computer, and opened it curiously.
The email was sent from Los Angeles, and the content is roughly the Box Office statistical results of the summer videos just past.
In September, the North America summer file has ended. Think about the energy of the Nasdaq market and the investment of Firefly in recent months. Eric has dedicated more than 20 pages to the 1999 summer vacation. The Box Office report was printed out, simply stapled, picked up and left the study to go downstairs, intending to take the report roughly to the side before the dinner.
There is hardly any suspense. The Box Office champion of this summer ’s summer season finally fell on "Iron Man". Since it was released in early May, four months have passed. "Iron Man" has basically been on the verge of being downgraded. The entire North America is only a few. Ten theaters continue to show, the final cumulative Box Office of the film is 300 million 8 more than 7 million USD, although unfortunately failed to break through the 400 million USD mark, but also enough to make other summer films envious.
In addition, the most surprising thing about this summer file is undoubtedly the miracle of the Blue Sky Studios's "Shrek" Box Office retrograde. This is also the only work to achieve the Box Office retrograde in the summer profile. In the end, this investment has only 60 million USD animated movies, but only North America Box Office will reach 200 million 6 more than 7 million USD, ranking third in the entire summer Box Office list.
The second place is Universal Pictures's "The Mummy 3". The current cumulative Box Office is 300 million 1 more than 1 million USD, which is considered to be a summer film second part Box Office breakthrough 300 million USD movie.
However, in addition to the top three, there are also many Box Office performances in this summer file that are very eye-catching.