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Chapter 701 Disney Changes Hands (Repair)(2/2)

In the terms of the acquisition agreement, Vivendi finally bid $9.7 billion to acquire all of Disney's assets, which is equivalent to a premium of 19% of the market value of last Friday. However, compared with Disney's market value of less than $7 billion before the acquisition negotiations began, the premium has reached as high as 40%.

In addition, Vivendi will also bear Disney's debt totaling up to $5.3 billion, with a total transaction amount of $15 billion.

Not only that, according to the documents in hand, this will also be an all-cash acquisition.

This also means that even without considering Disney's huge debts, Vivendi needs to raise a huge amount of $9.7 billion in order to win Disney.

If it was on the original timeline, the acquisition of Disney for US$9.7 billion would be a great value for money.

In fact, in memory, Disney's market value was close to $20 billion in 1994, and it was not something that $9.7 billion could be won at all.

It's different now.

Because of Simon, the big butterfly, Disney has been suppressed by Daenerys Entertainment in recent years, just like several other Hollywood brothers, and the failure of Disneyland in Paris has made Disney even worse. Judging from Disney's financial reports in recent years, Vivendi has obviously been a sucker like Sony at the time.

Unless Vivendi has the ability to allow the big film company to recover quickly in the next few years after taking Disney, its debt will be as high as $5.3 billion. Coupled with the huge debt added by this acquisition, if Vivendi cannot turn the situation around as soon as possible, it will definitely fall into a crisis due to huge debts.

In history, Vivendi had to vomit out again just a few years after swallowing the world, because the debt scale was seriously out of control.

This time, Simon has no intention of giving Disney another chance to turn things around.

The seven major Hollywood.

There are too many of the seven major film companies after all.

After Simon received the insider information more than an hour in advance, at 9 o'clock in the morning on the West Coast, Vivendy and Disney, the Disney headquarters in Burbank, Los Angeles, officially held a press conference and announced that the two sides had officially reached an agreement.

Next, as long as the federal regulatory authorities review, the transaction can be completed smoothly.

Although media have been calling for restricting overseas capital from entering the American cultural industry in recent months, the acquisition will not be substantially hindered by law, not to mention the secret promotion of the Westeros system.
Chapter completed!
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