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Chapter 381 Meeting

After Simon and Janet got married, the old man had a tendency to "disclose his nature" in front of Simon, just like he was to his own sons, and he would not be so polite when he often spoke.

After hearing the old man bluntly say that his thoughts were too stupid, Simon did not refute and said patiently: "Even if the US economy continues to deteriorate, relying on Westeros' accumulation in recent years, it may be possible to cope with it."

Anthony Johnston said: "Most of Westeros' existing portfolio is very good. It would be unworthy to sell these high-quality assets with great growth potential to make up for the deficit caused by the acquisition of MCA and Bell Atlantic."

Simon said: "This is just the worst response strategy and it doesn't necessarily come true. Moreover, it doesn't necessarily need to sell those assets at that time. Daenerys Entertainment and Bell Atlantic can also relieve financial pressure by selling equity."

Norman Johnston said at this time: "It would be better to adopt the strategy of stock exchange acquisition now. Bell Atlantic may not work. Daenerys Entertainment can completely acquire MCA in the form of share exchange mergers. With Hollywood's optimism about Daenerys Entertainment, the stock exchange model is easier to succeed than cash acquisitions."

"I actually hope to adopt the stock exchange acquisition model," Simon shook his head and said, "However, Daenerys Entertainment is not listed. The stock exchange acquisition and valuation are a very troublesome issue."

When Forbes magazine counted Simon's personal assets in early August, it valued Daenerys Entertainment at $8 billion to $10 billion.

Simon believes that if it goes public, Daenerys Entertainment's market value will definitely easily break through the $10 billion mark, and even $15 billion or even $20 billion is not impossible. However, in the current private state, Daenerys Entertainment wants to acquire MCA through stock exchange, and its own valuation will be difficult for Daenerys Entertainment to exceed $10 billion. In addition, it is a very disadvantageous for Daenerys Entertainment.

Raymond Johnston suddenly asked another question that seemed to be a bit off-the-scenes: "Cersei Capital, Simon, do you think there will be more suitable opportunities in the next few years?"

Simon knew about the hedge fund that the old man referred to, and said: "The turbulent situation in Europe should bring some opportunities, but Cersei Capital's future development will focus on private equity, asset management and mergers and acquisitions consulting. The scale of hedge funds will be reduced to around US$3 billion, and it will also avoid participating in macro hedging at the national economic level, so as to avoid encountering targeted governments in other areas of Westeros."

From the stock market crash in 1987 to the sporadic operation of the crude oil futures market at this time, although Simon quickly accumulated a lot of wealth for himself, it actually attracted countless criticism.

Now, Westeros has completed its initial layout in entertainment, fashion, technology and other industries around the world. If these industries can develop smoothly, they must abandon them.

Just like the pound crisis in 1992 in memory, if Cersei Capital and Soros had a big shorting of the pound, they would definitely make a big profit. However, the British government may have no choice but to make other industries involved in the Westeros system difficult to move forward in the UK.

There were smart people in the study. When Raymond Johnston heard Simon say this, he not only did not disappoint, but nodded in appreciation, and turned back to the topic just now in a gentle tone, saying: "Since that's the case, if you insist on starting two acquisitions at the same time and adopting an all-cash strategy, it's better to introduce partners. This is not only cash pressure, but also a lot of resistance in other aspects."

Simon said: "I have also considered this solution, Ray. However, if MCA introduces cooperative capital, the two companies will definitely face asset valuation problems in the integration of MCA and Daenerys Entertainment. Bell Atlantic is very suitable for introducing partners, but there is no such need. After all, introducing partners is either to solve the problem of capital, or the two parties can complement each other in terms of technology or channels, but these are not what I need. Westeros can raise enough funds, and Bell Atlantic itself also has enough technology and channel accumulation. What I need to face is just a huge loan risk problem, but Westeros can fully bear such risks."

Raymond Johnston felt the firmness in Simon's tone, shook his head slightly, not dissuading him, but sighed: "A debt of tens of billions of dollars, Simon, your wealth is no longer enough now, there is no need to take such risks."

"Actually, Lei, everything now is just the beginning for me."

Raymond Johnston was stunned for a moment, reached out to pat Simon on his shoulder, and stopped persuading him, saying, "Then, let's talk for a while."

After the old man finished speaking, he was about to get up and leave first, but he remembered something and said, "There is another thing, Simon, you and Jenny should have a baby as soon as possible. Even if you two are too busy and have no time to take care of the baby, you can leave it here in Melbourne, and Jenny and her mother will take care of it."

Simon nodded and explained: "Jenny and I actually want a child, but Jenny has not been moving for more than half a year."

Anthony Johnston asked without any hesitation: "Have you checked it, I mean, physically?"

Simon said: "I checked twice, and it's fine."

Because his stomach didn't move, Janet, who was very resistant to the hospital, had a private examination with Simon.

Norman Johnston also concerned: "Perhaps, you can try IVF."

Simon shook his head and said, "Jenny and I plan to take a look again. It is hard to say whether the technology of IVF is really safe."

The other three older men nodded.

This kind of thing is actually not convenient to discuss too much.

Raymond Johnston sighed, stood up from the sofa, stopped Simon and his two sons from getting up, and said, "You keep talking, I'll go to rest." As he said, he passed by Simon, the old man patted his shoulder again, and said, "It's okay to play outside, don't have anything to do with other women. Jenny will be sad, and it's a big trouble for yourself."

Simon's expression was a little awkward in an instant, and he didn't know how to answer. Fortunately, the old man left the study without waiting for Simon's answer.

Anthony Johnston and Norman Johnston looked at Simon's expressions and smiled on their faces. Anthony said, "Don't mind, Simon, Dad has also told us brothers like this. If something happens to our family like this, it will be very troublesome."

Simon had to pull up the corner of his mouth and nodded.

The three of them talked about the topics of the Seventh TV Network and telecommunications investment. It was not until eleven o'clock that everyone dispersed to rest.

Early the next morning, Simon returned to North America.

Before we knew it, it was late October.

In the end of October, one of the most popular topics was undoubtedly the global rich list released by Forbes magazine after the North American 400 Rich List.

Without any suspense, Simon led the Japanese real estate tycoon Yoshiaki Tori, with a personal net worth of US$21 billion, and ranked first on the global rich list. The second-ranked Toriyo Tori's personal net worth directly fell to US$16 billion, a full $5 billion lower than Simon.

It is worth mentioning that the Johnston family also entered the top 50 of the list with a family asset valuation of US$3 billion, ranking 36th.

However, because the Johnston family has always been quite low-key and the equity of the family members is relatively scattered, this number is actually underestimated by at least $500 million. If the Johnston family had not suddenly developed its strength and directly bought the Australian Seventh TV Network for $800 million in cash, the asset valuation figure might have been even lower.

In North America, although there is a growing number of conclusive news about Forbes’ global rich list and Daenerys Entertainment’s upcoming bid for MCA, in the new week, several mainstream media outlets on the east and west coasts of North America plan to report a bill submitted by Rep. David Meroth to restrict foreign investors from acquiring American companies, which focused on curbing overseas giants’ excessive entry into the American cultural industry.

The controversy caused by Sony's acquisition of Columbia Pictures last year is still vivid in my mind, so many media have begun to follow the trend and conduct large-scale reports.

Panasonic has publicly launched an acquisition of MCA, which instantly became the focus of this public opinion storm.

Affected by these positive or negative news, MCA's stock price continued to fluctuate in the five trading days from October 22 to October 26. As of the close of October 26, it was finally frozen at $65.75. At the same time, the MCA's board of directors officially passed the last $6.6 billion acquisition offer after several adjustments on Friday, October 26, and plans to hold shareholders' votes next week.

This means that Daenerys Entertainment must intercept the rude before the mca shareholder votes.

Inside the estate of Simon, Greenwich, Connecticut.

It is Saturday, October 29th.

The black Mercedes-Benz sedan stopped in front of the villa, and Raymond Smith, chairman of Bell Atlantic, was still a little confused about Westeros' purpose of inviting him until he got off the car.

However, when Raymond Smith saw the young couple appear in front of the villa to greet him, he smiled and stepped forward to greet the two of them. Putting aside the rest, the young man in front of him who created a wealth miracle that countless people could not reach in just a few years is definitely what many people are looking forward to meeting.

During the handshake and greetings, Simon was also looking at the middle-aged man who had come to the top of Bell Atlantic and CEO step by step from the grassroots employee.

Raymond Smith looks like he is at most fifty years old, wearing a black suit, tall, a national-shaped face with a shrewd and tough temperament, and a pair of old-school large-frame tortoiseshell glasses.

Although it was Saturday, no one was very leisurely, so they only had an hour of meeting time. Raymond Smith had to fly to Europe after completing this meeting.

Everyone came to the study, and Janet personally helped to serve Raymond Smith with a cup of coffee, put another cup of juice in front of Simon, and turned around and left.

Raymond Smith picked up the coffee and took a sip. He noticed the juice in front of the young man opposite him, and asked with a smile: "Simon, don't you drink coffee?"

Simon said: "I used to drink it, but I just quit recently."

Raymond Smith nodded without asking the reason, put down the coffee cup, skillfully looked for another topic, and said: "Speaking of the last exclusive contract with AOL, I have studied the World Wide Web technical data developed by Egret, and the development potential is indeed great. If Bell Atlantic had not been able to distract and take into account other businesses in recent years, I would not have signed it with you."

Simon said: "The landline phone business has developed to the extreme over the years, and the federal government will not open up restrictions on the telecommunications industry in the short term. So, what is the next step for Bell Atlantic?"

When Raymond Smith heard this question, he looked at Simon for a few glances, and suddenly smiled, "Simon, maybe you already know it?"

Simon hesitated, nodded and said, "Mobile Communication."

Westeros has collected enough information on the Bell Atlantic Ocean during this period, and Simon naturally knows the next development ideas of the Bell Atlantic Ocean.

Currently, regional telecommunications companies cannot get involved in long-distance telephone services and cable TV services, telecommunications equipment manufacturing is also restricted, and the Internet industry is completely unable to meet the scale of Bell Atlantic appetite.

Therefore, the next focus of Bell Atlantic development is mobile communications.

You should know that Motorola's rapid recovery in the past year has largely relied on the participation of mobile communications. Motorola's micro-tac mobile phone, which is close to mobile phones, has created a pretty good sales miracle this year. In addition, with the transformation of analog signals to digital signals with better communication quality, more and more telecom companies have begun to bet on the development of the mobile communications industry.

In fact, Raymond Smith's next trip to Europe was to examine the GSM digital mobile communication technology that has gradually taken shape in Europe.

Moreover, in the original time and space, it was precisely because of Raymond Smith's prior focus on the mobile communications industry that Verizon once became the largest mobile communications operator in the United States, which was larger than the At-T scale, and as for the third-ranked Sprint, it was even far away.

When Raymond Smith heard Simon say the word "mobile communications" in one go, he felt that he roughly understood the purpose of the young man today. He smiled and said, "Simon, I happen to know that you have invested in a mobile communications equipment manufacturer in Europe, Nokia, and the company has indeed accumulated a good amount of accumulation in the latest GSM technology and seems to be developing a new generation of digital mobile phones. So, this time you hope that both of us can cooperate in this regard, right?"

Simon didn't expect Raymond Smith to guess his purpose directly, smiled, and said, "If you have the chance, I think Bell Atlantic will definitely be able to cooperate with Nokia."
Chapter completed!
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