Chapter 380: 381

After Simon and Janet got married, the old man had a tendency to show his true nature in front of Simon. Just like his sons, he would not speak so politely.

Simon didn't retort and said patiently, "even if the U.S. economy continues to deteriorate, we can probably cope with it by relying on the accumulation of Westeros in recent years."

Anthony Johnston said: "most of westero's existing portfolio is very strong. If you need to sell these high-quality assets with great growth potential to make up for the losses caused by the acquisition of MCA and Bell Atlantic, it's not worth it. "

Simon said: "it's just a coping strategy in the worst situation. It doesn't have to be true. What's more, it's not necessary to sell those assets at that time. Denise entertainment and Bell Atlantic can also ease the financial pressure by selling part of their equity. "

Norman Johnston said: "in this case, it's better to take the stock exchange strategy now. Bell Atlantic may not be able to do so. On Danielles entertainment side, with Hollywood's positive attitude towards Danielles entertainment, the stock exchange mode is easier to succeed than cash acquisition."

"I really hope to use the stock exchange mode," Simon said, shaking his head again. "However, danilisi entertainment is not listed. Stock exchange acquisition and valuation is a very troublesome problem."

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

Simon believes that if it goes public, the market value of Denise entertainment can easily break through the $10 billion mark, even $15 billion or even $20 billion.

However, in the current state of non listing, danielis entertainment wants to acquire MCA through stock exchange, and its own valuation is difficult to exceed 10 billion US dollars. In addition, it has to pay a high premium for MCA shares, which is a loss for danielis entertainment.

Raymond Johnston suddenly asked a question that seemed to be a bit off center: "cersei capital, Simon, do you think there will be more suitable opportunities in the next few years?"

Simon knows what the old man means about hedge funds.

If cersei capital can obtain a large amount of capital in the next few years through similar operations, the huge debt risk brought by the two acquisitions will be greatly reduced.

With this in mind, Simon said: "the turbulent situation in Europe should bring some opportunities, but cersei's future development will focus on private equity, asset management and M & a consulting. The size of hedge funds will be reduced to about US $3 billion, and at the same time, they will not participate in macro hedging at the national economic level as far as possible, so as to avoid being targeted by the target government in other areas of Westeros. "

From the 1987 stock market crash to the ongoing operation of the crude oil futures market, Simon quickly accumulated a lot of wealth for himself, but in fact, it also attracted numerous criticisms.

Now, the global entertainment, fashion, technology and other industries of westero have completed the preliminary layout. If these industries want to develop smoothly, they must give up.

Just like the pound crisis in 1992 in my memory, if cersei capital dares to short the pound as recklessly as Soros, it will surely make a lot of money. However, the British government may have nothing to do with cersei capital, but it can make other industries involved in the westrow system difficult to move in the UK.

The study was full of smart people. Raymond Johnston was not disappointed when Simon said that. Instead, he nodded his head with appreciation and turned back to the topic gently, saying: "in this case, if you insist on starting two acquisitions at the same time and adopting the all cash strategy, it's better to introduce partners. This is not only the cash pressure, but also the resistance from other aspects A lot less. "

"I've thought about it, ray. However, if MCA introduces cooperative capital, the two companies will certainly face asset valuation problems in the process of integration of MCA and Denise entertainment. Bell Atlantic is a good fit, but not necessary. After all, the introduction of partners, or to solve the financial problem, or both sides can form complementary technology or channels, but these are not what I need. Westero company can raise enough funds, Bell Atlantic itself also has a very strong technology and channel accumulation. What I need to face is the repayment risk of the loan in the future, but westero can bear such a risk. "

Raymond Johnston felt the firmness in Simon's voice, shook his head slightly, and sighed: "ten billion dollars of debt, Simon, your wealth is no longer comparable, so there is no need to take such a risk."

Simon said with a smile: "in fact, ray, everything is just the beginning for me."

Raymond Johnston was stunned. He reached over and patted Simon on the shoulder. He was not persuading him. He said, "well, you guys can talk for a while."

When the old man finished, he was about to get up and leave first. Thinking of something, he said, "one more thing, Simon, you and Jane should have a baby as soon as possible. Even if you two are too busy or want to enjoy the world of two and have no time to take care of your children, you can put them in Melbourne. Jennie and I will take care of them with her mother's help. "Simon nodded and explained, "Jennie and I really want to have a baby, but Jennie hasn't moved for more than half a year."

Anthony Johnston asked without any hesitation, "have you checked, I mean, physically?"

Simon nodded: "I've checked it twice. It's all right."

Because her stomach hasn't moved all the time, Janet, who is very resistant to the hospital, has had an examination with Simon in private.

Norman Johnston also expressed concern: "maybe we can try IVF."

Simon shook his head and said, "Jennie and I are going to see if IVF is really safe."

It's not convenient for a few big men to discuss this kind of thing too much.

Raymond Johnston sighed, got up from the sofa, stopped Simon and his two sons from trying to get up, and said, "keep talking. I'm going to have a rest." Then he passed Simon, but the old man patted him on the shoulder again and said, "it's OK to play outside. Don't have anything to do with other women. Jennie will be sad. It's also a big trouble for you."

Simon smell speech, expression some embarrassed, completely don't know how to answer, fortunately the old man didn't wait for his response left the study.

Anthony Johnston and Norman Johnston looked at Simon's expression, with a smile on their faces. Anthony said, "don't mind, Simon. Dad has told us so about our brothers. If things happen to our family, it will be very troublesome indeed."

Simon had to pick up the corners of his mouth and nod.

The three talked about the seventh TV network and telecom investment. It was not until 11 o'clock that they had a rest.

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Early the next morning, Simon set out for North America.

It's late October before you know it.

This week at the end of October, one of the most concerned topics is undoubtedly the global rich list released by Forbes magazine after the North American 400 rich list.

There is no doubt that Simon, with a net worth of 21 billion US dollars, ranks first in the world's rich list. Second place Japanese real estate tycoon Timothy's personal net worth fell directly to $16 billion, a full $5 billion lower than Simon's.

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

However, because the Johnston family has always been quite low-key, and the family members' equity is relatively scattered, this figure is actually underestimated by at least $500 million. Had it not been for the Johnston family's sudden display of strength and direct purchase of Australia's seventh television network with $800 million in cash, the asset valuation would have been lower this time.

On the North American side, although there are more and more accurate news that Forbes Global rich list is coming out and Denise entertainment is about to participate in the bidding for MCA, in the new week, several mainstream media on the East and west coasts of North America are reporting a bill submitted by Congressman David Merlot to restrict foreign investors from purchasing American enterprises, which focuses on The excessive involvement of overseas giants in American cultural industry should be curbed.

The controversy caused by Sony's acquisition of Columbia Pictures last year is still fresh in my mind. Therefore, even though some people are very clear that this bill is unlikely to be passed, many media are still following suit to carry out large-scale reports.

Panasonic, which has publicly launched a takeover of MCA, will inevitably become the focus of this public opinion storm.

Affected by these good or bad news, MCA's stock price continued to fluctuate in a trading day from October 22 to October 26.

By the end of October 26, MCA's share price was fixed at $65.75.

Meanwhile, on Friday, October 26, the board of directors of MCA officially approved Panasonic's offer for a total of 6.6 billion US dollars after several adjustments, and planned to hold an interim general meeting of shareholders next week to vote.

This obviously means that danielis entertainment has to cut off its beard before MCA shareholders vote.

The east coast of the United States.

Simon is on his estate in Greenwich, Connecticut.

It's October 29, Saturday.

The black Mercedes stopped in front of the villa. Raymond Smith, chairman and CEO of Bell Atlantic, was still confused about the purpose of westero's sudden invitation yesterday.

However, seeing the young couple appear in front of the villa to greet themselves, Raymond Smith still smiles and goes forward to greet them. Apart from other things, this young man who has created such a large business empire in just a few years is worth meeting anyway.

During the handshake, Simon was also looking at the middle-aged man, who was stepping up to the top of Bell Atlantic's board chairman and CEO.

Raymond Smith looks like at most 50 years old. He is a black suit, tall, and looks much younger than his actual age. He has a smart and capable face. The only disharmony is probably the old-fashioned tortoiseshell glasses on the bridge of his nose.Although it was Saturday, we were not very free people, so we only made an appointment for an hour. Raymond Smith had to fly to Europe immediately after the meeting.

When everyone came to the study, Janet personally served Raymond Smith a cup of coffee and put a cup of juice in front of Simon. Then she turned and left.

Raymond Smith took a sip of his coffee, noticed the juice in front of Simon, and asked with a smile, "Simon, don't you drink coffee?"

Simon shook his head and said, "I used to drink, but I've given up recently."

Raymond Smith didn't ask why. He put down his coffee cup and skillfully looked for another topic. He said, "speaking of the exclusive contract with AOL last time, I studied the world wide web technology solution developed by igritte company, and the development potential is really great. If it wasn't for Bell Atlantic's inability to focus on other businesses in recent years, I wouldn't really want to sign that agreement. "

Simon said: "the fixed line telephone business has already entered the bottleneck stage, and the federal government will not open the regulation of the telecommunications industry in the short term. So, what is Bell Atlantic going to do next?"

Hearing this, Raymond Smith looked at Simon and said with a smile, "Simon, maybe you already know?"

Simon hesitated, nodded and said, "mobile communications."

Westero has collected enough information about Bell Atlantic during this period, and Simon naturally knows the company's next development ideas.

Affected by the split of at-t in 1984, regional telecom companies were unable to set foot in the long-distance telephone service and cable TV service, and the manufacturing of telecom equipment was also restricted. In addition, the Internet industry could not meet Bell Atlantic's appetite.

Therefore, the next business Bell Atlantic can focus on is mobile communications.

In fact, Raymond Smith's upcoming trip to Europe is to investigate the new generation of GSM digital communication technology that has gradually taken shape in Europe. Moreover, in the original time and space, it was precisely because of Raymond Smith's early key layout in the mobile communication industry that Verizon once became the largest mobile communication operator in the United States with more users than at-t.

At this time, listening to Simon blurting out the word "mobile communication", Raymond Smith felt that he roughly understood the purpose of this young man's invitation today and said with a smile: "Simon, I happen to know that you have invested in a mobile communication equipment manufacturer in Europe, Nokia, right? Moreover, the company has a good accumulation in the new generation of GSM digital communication technology, and seems to be developing a new generation of digital mobile phones. So, you invited me to cooperate in the field of mobile communication, right? "

Simon didn't expect Raymond Smith to guess his purpose of inviting him to meet today, but he nodded with a smile and said, "if I have a chance, I certainly hope Bell Atlantic can cooperate with Nokia."

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