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Chapter 561: $80 billion in spending


If Abel's acquisition of a portion of Viacom's shares, as well as the new Paramount, is proof that he wanted to enter the media industry at the beginning.Then David Adams brought the news of the opportunity to intervene in the deal between Disney and 21st Century Fox.It was a very tempting opportunity for him.21st Century Fox.Originally belonged to News Corp.But Murdoch was not a Jew, nor was he a native American.In 2013, his News Corp. was persecuted by both the Jewish media group oligarchs and the local oligarchs.Had to be in 2013.Spin off what is now 21st Century Fox from News Corp.On the bright side, but in 2013.Rupert Murdoch succumbed to investor pressure and spun off his nearly sixty-year-old publishing business from the News Corp. empire.The old News Corp. was split into the new News Corp. and Twenty-First Century Fox.The new 21st Century Fox includes almost all of the entertainment divisions of the old News Corporation, as well as some of the media broadcasting system.On July 27, 2018, the shareholders of 21st Century Fox and Disney approved Disney's acquisition of 21st Century Fox, and the shareholders of the two companies began their transaction.After Elizabeth Holmes left, Abel welcomed an uninvited guest in his office.The uninvited guest, Peter Rice, is the CEO of 21st Century Fox.He was brought in by David Adams, and in his office, Abel met him."

Welcome.Mr.

Rice. ”Abel stood up and reached out to the senior executive who controls one of the world's most powerful media groups.Peter Rice also hurriedly stretched out his hand, "It's a pleasure to see you."

Mr.

Sephorosa. ”The two sides exchanged the usual polite business greetings, and then sat down according to their preferred seats.Then David Adams stepped in: "Abel, and Peter.I think we all know the reasons why we are all sitting here.There's no need to talk about those red tapes, I'll just get straight to the point. ”David Adams looked at Peter Rice and saw a slight nod from the other.Then he looked at Abel again, and Abel smiled at him.After seeing that neither of them had any objections, he said simply: "Disney and 21st Century Fox are in trouble negotiating a deal."

Although both parties are very sincere, one wants to buy, the other is willing to sell.But there are a bit of big difficulties in terms of price, and also in the way of trading.I believe that you, Mr.

Peter Rice, should know this best. ”Peter Rice nodded silently.He is here today on behalf of the many shareholders behind 21st Century Fox.Originally, Disney's acquisition of 21st Century Fox would cause some surprises because of the price and the way the deal was made.But on the premise that both sides are very interesting, it can definitely be done according to the normal process.But halfway through, a Sephorosa appeared.Through their connections, the Adams family has made many of the shareholders of 21st Century Fox known.The world's richest man who has created hundreds of billions of dollars in just a few months.Very simple and straightforward showed a great interest in 21st Century Fox.Originally, this was revealed to these shareholders by the Addams family, and the shareholders would be skeptical.Although they also vaguely knew some of the relationship between the Addams family and Abel, this was not something that Abel himself had told them personally.They still have doubts.But the Adams family said, "If Abel Sephorosa wasn't interesting to the media conglomerate."

How could you want to eat Viacom, how could you possibly ask for a Paramount company at sunset.Abel had bought Viacom, and he had the means and determination to get the new Paramount.Let the shareholders behind this group of 21st Century Fox believe this statement of the Addams family with suspicion.Then, with the help of the Addams family, the shareholders sent Peter Rice to find Abel.As for why the Addams family is so enthusiastic and wants Abel to buy 21st Century Fox.In fact, the reason is also very easy to understand, in today's Internet world, the propaganda mouthpiece of media groups is almost the most powerful killer weapon in all kinds of political and commercial struggles, in addition to the ultimate means of force.Why was the Jewish group able to control part of the power of the United States, so that the United States has always taken care of the Lion Kingdom surrounded by camels.It is because the Jewish group controls almost more than 60% of the media groups, and there is also a large part of the financial sector.There are both future considerations and ready-made examples.The Addams family, in the absence of control over the media group, certainly hopes that their "son-in-law" can own a media group.This can also be seen as the Adams family indirectly controlling such a propaganda mouthpiece.This is the reason why the Addams family is so enthusiastic in this world.After listening to David Adams' description.And Peter Rice's reaction.Abel asked with interest: "Can you tell me why Disney's acquisition of 21st Century Fox has a problem?"

Is it because the price given by Disney is too low, or because the way the deal is given is not in line with Fox's ideas. ”David Adams waved his hand."

That's up to Mr.

Peter Rice."

He said."

Can you tell me about it?

Mr.

Peter Rice. ”Abel asked politely.Since Peter Rice will be here today, it means that at least half of the shareholders are interested in trading with Abel.Now that the buyer asks this, Peter Rice must of course explain."

As Mr.

David Adams said.There are only two reasons why it is difficult to make this transaction.One is the price and the other is the way the transaction is conducted. ”Peter Rice spoke slowly, her voice hoarse and infectious.Such a voice can easily become a leader of others, and it is probably because of this ability that he can sit firmly as the president of 21st Century Fox."

Price-wise.21st Century Fox hopes to be between $75 billion and $80 billion.Although there is a certain premium, we agree that 21st Century Fox is worth the price!

”"In terms of trading methods.21st Century Fox wants to trade Disney's preferred stock, or cash. ”"These two questions.First of all, in terms of price, Disney is only willing to pay between $65 billion and $70 billion.Because the price of 21st Century Fox stock is now only worth so much in the market.Then there's the trading approach, where Disney is willing to issue special shares, but is not willing to exchange preferred shares.They are ready to swallow Fox for half of the cash and half of Disney's common stock. ”Peter Rice explained succinctly, and this time it was clear that there was a concubine between the two parties.Why Disney's acquisition of 21st Century Fox is still the reason why it has been deadlocked for so long.To sum it up simply.The price is not negotiable.One asks for cash, and the asking price is a bit high.The other is only willing to give a premium of about 10% of the market, and cannot give it all in cash.After all, with six or seven billion dollars in cash, there are not many companies in the whole world that can get so much at once.Even Apple, which has the strongest cash flow, wants to come up with so much cash at once, which will cause their company's cash flow problems.In addition to the state and banks.There are not many forces or companies with such terrible cash flow.But just across from Peter Rice, there was a man with such abilities.It is for this reason that Peter Rice is here.After having said so much.Peter Rice said directly to Abel: "Mr.

Sephorosa."

We know you might be interested in 21st Century Fox.The shareholders asked me to come over and ask you, how much are you prepared to pay for 21st Century Fox?

”Faced with Peter Rice's inquiry.Abel didn't answer directly.He silently opened the computer in front of him, opened Bloomberg, and checked the current market value of 21st Century Fox.As of today, November 22, 2018 at 14:58 p.m.Market capitalization of 21st Century Fox: $67,198.5 million.After checking this data.Abel directly said a number: "80 billion US dollars!"

Cash!

”This answer made Peter Rice and David Adams on the other side both overreact a little.David Adams' eyebrows furrowed.$80 billion!

Or cash!

In addition to the state, there are also major banks in this world.There are simply not a few guys who have such arrogance and dare to quote such a price directly.Even if there are so many, many people will think that this guy is crazy.But the guy in front of him, after being able to report such a number, it won't make people think that he is crazy.Because he does have the strength to be able to come up with such a large sum of money, even in cash.David Adams couldn't help but smile wryly.Peter Rice, on the other hand, was stuck in mid-air.He originally wanted to bargain with Abel, because in fact, although the price he just quoted was $75 billion to $80 billion, the shareholders of 21st Century Fox, their ideal price is about $72 billion to $75 billion.And it can't all be cash, after all, cash flow plays a huge role in the process of business development.Unexpectedly, Abel did not follow common sense.Directly quoted such a staggering figure, he almost immediately wanted to replace the shareholders of 21st Century Fox.But he knew he didn't have that right.I had to stand up excitedly."

I'll do my best.Enables you to successfully acquire 21st Century Fox.Dear Mr.

Sephorosa!

”Peter Rice said excitedly."

Uh-huh."

Abel nodded reservedly."

Please allow me to leave for a moment.I'm going to announce the good news to the shareholders, and I'm sure the deal will be closed soon!

”Peter Rice was sure."

Uh-huh."

Abel nodded reservedly again.Peter Rice immediately repented and left.He was very excited.Because 21st Century Fox can sell so much more money, not to mention the bonus.It is a great help to his resume and reputation, and of course he will be happy.Pity.Although as an elite among the human race, in the case of the authorities who are obsessed.Sometimes Peter Rice underestimated human greed.After Peter Rice left.David Adams said helplessly: "Boss."

Although I know that you have money and have made a lot of money lately.But I have to make it clear to you, while 21 Fox is really good.But it's not worth $80 billion at all, let alone precious cash......"

Abel shook his head with a smile in the face of David Adams' dissuasion."

David.Do you think that's the end of it?

Do I really need to spend $80 billion on 21st Century Fox?

Will the shareholders of 21st Century Fox agree to sell 21st Century Fox to me right away?

”"Huh......

Although my business skills are not very good.But I know it's not going to be that simple. ”Although he complained to the boss about his own lack of business ability, he felt that it was the most ridiculous joke in the world.If he really lacks business ability, then where does his current worth of hundreds of billions of dollars come from?

Was it God who gave it to him?

Then why did God give him this half-blood?!

David Adams complained in his heart.There was still some disbelief on his lips: "Don't those guys think the money is not enough?"

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Impossible!

$80 billion, or cash!

What more could they want?

”"In the case of interest.Who wouldn't want to be able to get more.Then we'll see. ”The way of Abel Chading.