Chapter 464 The war between nobles and barbarians
"If you love him, please take him there, because it is heaven, if you hate him, please take him there, because it is hell."
New York and Manhattan are definitely paradise for rich people!
There are many houses in New York, with all kinds of high-rise buildings, and even some small streets are not shining all day long because of the high-rise buildings on both sides. But there are still many rich people who want to come to New York to buy houses. Those rich people from all over the United States, desert tyrants and bear countries invest their money in Manhattan without blinking.
Is it for living? Maybe not. It’s just because this is New York, this is Manhattan, and it is the weather vane for luxury houses.
The luxury houses next to Central Park in New York are often attracting much attention because the houses here have been bought by wealthy people from all over the world, and those who hold most of the global wealth seem to be concentrated here.
The world's top luxury mansion next to Central Park - 400 Park Avenue.
A super tall building that looks like Tetris is particularly eye-catching even in Manhattan, with tall buildings. The 96-story building is about 425 meters tall, about 150 feet taller than the famous Empire State Building. You can see it in all five districts of New York City.
As a building with excellent view, its most distinctive feature is its uniform square large glass windows with a size of about three meters times three meters, allowing you to enjoy the charming views of New York.
As the most prominent building on the skyline, the appearance of 400 Park Avenue has been criticized by many people, but it still does not hinder its hot sales.
Under the guidance of his subordinates, Arthur spent 20 million US dollars after seeing the house here without hesitation, bought a four-bedroom 4,019 square feet, or 373 square meters luxury apartment, and moved in with his bag.
The reason why Arthur did not hesitate was that he liked the interior decoration style, white furniture, white marble materials, white cabinets, bathrooms, and of course large areas of white walls, forming an atmospheric and simple style. All hardware is customized for the building, and the details are precise, simple and elegant.
At the same time, you can overlook the Central Garden at 180 degrees and enjoy the Manhattan scenery at 360 degrees.
Central Park, especially, is like the lungs of New York City, delivering oxygen to the city. Living next to the park can enjoy the fresh air it provides every day, like a natural oxygen bar.
The border of Central Park is 59th Street to the south and 110th Street to the north, covering an area of 778 acres and attracting 40 million visitors every year. It is designated as a national historical scenic spot by the US government and is also the filming place for many movies.
The seemingly natural park has actually been carefully created, with several artificial lakes, long walking trails, two ice skating rinks, a wildlife reserve, many grasslands for various sports enthusiasts, and children's playgrounds. Because it attracts migratory birds, it is also a good place to watch birds. The 10-kilometer-long park road is loved by joggers, cyclists and roller skaters.
Arthur stood in front of the floor-to-ceiling window, overlooking the central garden, listening to his subordinates sitting on the sofa in the living room, and after these two days, he conducted more detailed and sufficient investigation and report to the amc theater company.
"...As for the current field inspection, the geographical location of amc is mostly in the core area of the city, and its large scale and has not yet been listed, which is very conducive to the implementation of mergers and acquisitions. However, in terms of the acquisition amount, I am afraid that there will be trouble, and the other party will ask us for a premium of 100%.
"The most important point of the boss is that the amount of debt alone is twice as high as the acquisition of the company's equity. This is also a huge hidden danger of acquiring the acquisition, which may lead to a huge slump."
"Yes, the debt of $1.5 billion shows that the amc company is losing huge. In addition, the current US theater industry is in a downturn, and the performance of amc has also been greatly affected. What will amc in the end after the merger is really an unknown..."
"Although that's the case, don't forget that an amc-based theater company is not listed. Perhaps we will pay a considerable price to take over the 1.5 billion debt when acquiring it. However, if we successfully acquire it and merge the European Odion Cinema, we will promote the reorganization and new companies listed in the United States..."
The subordinates who said this looked at the young boss who had turned around and looked at them, and continued to talk: "The funds we spend now will be rewarded several times.
Everyone, after experiencing the economic crisis, the US economy has begun to recover, and the US stock market that has fallen to the bottom has begun to rebound. As long as we push its iPo as soon as possible, we can catch up with the historic rise in the United States, and the stock value will also hit new highs in a row!”
Listening to the suggestion that the advisory group transferred from London was divided into two camps, Arthur still did not speak up and made the final decision. Instead, he walked to a large sofa standing and sat down, leaning lazily on the sofa, putting his hands on the armrest of the sofa, and his fingers were jumping gently without rhythm.
"Haha, I know that before I completed the acquisition of Odion Cinema, I wanted to acquire the amc Cinema Company. Many people think I am crazy. Because if becoming a super-large international company in the theater industry can bring about a competitive advantage, then someone would have done this early.
Because the scale alone, and the so-called meeting international standards, there is no strategic advantage in an industry where customers purely choose local cinemas. This may bring some economies of scale, such as increasing negotiation advantages with film, equipment and popcorn suppliers, but these reasons are difficult to make a reasonable explanation for buying an old film chain with dim growth prospects and low profit margins at the highest market price..."
Arthur's lips raised, and his tone was relaxed and calm and said that he was not optimistic about his acquisition of Amc Cinemas, and even opposed his involvement in the cinema industry, which had a bleak prospect. This was true. After hearing the words of the young boss, everyone in the consulting group looked at Arthur with a serious expression, with doubts flashing in his eyes, as if he was saying.
So you know, boss, then why are you still so arrogant?
"Haha, my reason for acquiring amc is very simple, it is large in scale.
Moreover, for me, acquiring amc can also convert a large amount of depreciating pounds into hard US dollars. Moreover, theaters are doing cash business, and in the end, I can list amc.
Establishing an international theater chain is an important stronghold in the world's most important media market, which is helpful to my fame and status in the UK, the United States, and even the international community.
Well, you can also regard it as a vanity-satisfied acquisition of me. Haha..." Arthur laughed and laughed at himself. Looking at the strange expressions of the members of the advisory group, Arthur restrained his smile and continued seriously.
"So, I must acquire amc theaters, so your task is to lower the interest rate of new bonds as much as possible and extend the borrowing time as much as possible. At the same time, you have to face the "hidden cat" of the five major private equity shareholders and minimize the transaction price of amc equity.
At the same time, we can also start to formulate a debt structure for improving the AMC after acquisition, implement new and efficient management incentive mechanism solutions, and think about business innovation methods centered on enhancing customer experience.
As much as possible, I will try my best to turn losses into profits and prepare for IPO. The funds raised at that time will be mainly used to reduce debt and business purposes, help AMC optimize its financial structure, reduce capital costs, and enhance profitability.
To be honest, I am still very confident in running this international theater company well!”
After listening to his boss's words, all the members of the consulting group remained silent and thought one by one. To be honest, they were not as optimistic as the young boss.
You should know that the prey of Amc is surrounded by Wall Street giants. A group of bankers and lawyers who are eager to advance through mergers and acquisitions actively act as supporting roles and become a party for rogue companies. There are many greedy, crazy and arrogant bastards. It is not that easy for his boss to drive away these savages and become the new master of Amc.
Chapter completed!