Chapter 114 Buying Paramount
$117. Buy Paramount
After finalizing the cooperation with Jack, Tang Wen prepared to make another big move. In order to prevent people from knowing that he was dealing with the Tebure and Jared family, Tang Wen poached a lot of "crazy" traders from Wall Street this time.
Of course, his target is not only Tebure and Jared, Tang Wen's target is Paramount Pictures.
It is no secret that Viacom, the parent company of Paramount Pictures, has been frequently contacting investors recently. There are reports that Viacom is willing to sell 40% of its shares for 1.7 billion US dollars this time.
Tang Wen is not satisfied with 40% of the shares, he needs 60% absolute control.
"Tell Viacom 3 billion in cash, I want 60% of Paramount's shares." Tang Wen called Zhou Xu and ordered.
"Boss, I guess Lei Shi, the parent company of Viacom, will not agree." Zhou Xu answered cautiously.
"Don't agree? Tell him, that's the best. Shorting Viacom's parent company will bring more benefits." Tang Wen said with narrowed eyes and cold light.
Zhou Xu was stunned, and then thought that the boss had poached a group of crazy people from Wall Street, which was no joke. With the support of Morgan and Rockefeller, Tang Wen's 30 billion US dollars can leverage up to 300 billion US dollars. Bullying Lei Shi is just like playing.
The current market value of Viacom's parent company is only about 80 billion US dollars. If Tang Wen wants to short it, it's too easy. The liquidity of such a company generally does not exceed 1 billion.
Not to mention the movie company Paramount.
You should know that Tang Wen still has 16.8 billion US dollars in cash on the books of American Express Bank, and Morgan Bank has more than 21 billion in cash (after spending 4 billion to the Blood Sabre, the income from the mine.)
Not counting the 15 billion US dollars that Tang Wen has in Shenlong Bank, Tang Wen can still mobilize as much as 37.8 billion US dollars, not to mention that Tang Wen can easily borrow 20 billion US dollars if he uses gold as collateral.
However, Tang Wen does not plan to use the money for long gold this time. You should know that the money left in Shenlong Bank can bring Tang Wen millions of US dollars in income every day. In addition, the money saved in the money-swiping APP in two months is a total of 518,400,000 Chinese yuan, which is more than 78 million US dollars when converted into US dollars.
"Tell those people on Wall Street to use 6 billion guarantee funds to find Morgan with 5 times leverage. If the negotiation fails, then short Viacom for me." Tang Wen said with a smile.
"Yes, boss." Zhou Xu answered forcefully.
He first went to the group of people on Wall Street to explain the situation, and then called Lei Shi to say that he needed to visit him for something. Because it was the people from Morgan who made the connection, Lei Shi still planned to meet with the chief lawyer of WF Group.
Lei Shi is now 89 years old, but he has not yet decided to give up his power. As a result, his daughter in her 60s and he had a quarrel in court.
Lei Shi was a little confused about the people introduced by the Morgan family, or he always felt a little dangerous.
"Hello, Mr. Lei, I am Zhou Xu, the chief lawyer of WF Group." After meeting Lei Shi in the chairman's office, Zhou Xu first introduced himself in English.
"What are you doing here, Mr. Zhou?" Lei Shi seemed like an old man, but the gleam in his eyes from time to time showed that he was a shrewd man.
"Then I will get straight to the point. Mr. Lei, our boss is willing to buy 60% of Paramount's shares for 3 billion US dollars. Please support us, Mr. Lei." Zhou Xu said frankly.
"Dream on, this is impossible. Paramount can't be sold." Lei Shi suddenly opened his eyes and said angrily.
"I'm sorry, Mr. Lei, I'm just notifying you on behalf of our boss. In addition, our boss said that if you don't agree, he has prepared 30 billion funds to short Viacom's parent company." Zhou Xu said with a smile, but in Lei Shi's eyes, he was simply a devil.
"By the way, Mr. Lei, our boss has reached a cooperation with Morgan Bank and will start a 10x leverage to short Viacom's parent company. We can continue to discuss this issue when we hold a shareholders' meeting."
Looking at the stunned Lei Shi, Zhou Xu took out a business card and put it on the table and said: "Mr. Lei, you have 1 day to think about it, call me when you are ready."
Zhou Xu, who turned to leave, suddenly turned back and said: "By the way, please hurry up, our boss's temper is not very good." After that, he turned around and left.
Lei Shi looked at the business card on the table breathlessly, and the assistant next to him quickly took the medicine prescribed by the doctor and handed it over.
"Asshole, asshole, you are bullying too much." Lei Shi cursed angrily.
After thinking about it, Lei Shi called his "friend" Buffett to find out the bottom of WF Group first.
"Warren, do you know WF Group?" Lei Shi asked directly after the call was connected.
"What's wrong? Did you offend them?" Buffett Warren was surprised.
Lei Shi smiled bitterly and said, "They came to me and offered 3 billion to buy 60% of Paramount's shares."
Buffett on the other end of the phone was silent for a moment and sighed, "Give it to them, you can't beat them."
"What did you say?" Lei Shi said in disbelief.
Buffett persuaded, "Listen to me, Lei, if you don't want to go bankrupt, you'd better listen to them. This group of people are crazy, you know? They are crazy."
Buffett emphasized the crazy.
"What do you mean?"
"Do you know about the financial crisis in Hong Kong some time ago?" Buffett said calmly.
"Well, I heard that you also made a fortune in it." Lei Shi had heard a little about this.
"Do you know how the storm came about?"
"How did it come about?" Lei Shi asked.
"It was the WF Group that started it. They used 20 billion in margin to embezzle more than 100 billion US dollars to bloodbath Hong Kong's Li and European markets." Buffett said bitterly.
"100 billion? How is it possible? Who gave them the leverage?" Lei Shi said with a face full of doubt.
"Accept the reality, Lei. You should know that his WF Group is worth 20 billion US dollars before it goes public. It is said that his liquidity is more than 50 billion, and he can use 5 times the leverage of any bank under Morgan and Rockefeller at any time." Buffett sighed.
"And just yesterday, Morgan's heir Jack warmly invited him to visit the family."
"Morgan? Rockefeller?" Lei Shi felt powerless when he heard these two names. No matter how glorious he is in the media industry, he is just an ant that can be crushed to death at any time in front of Rockefeller and the Morgan family.
"I know, thank you." Lei Shi hung up the phone helplessly. He originally wanted to find Buffett to be his white knight, but after listening to Buffett's words, he understood that if WF Group attacked him.
That means Morgan and Rockefeller attacked him. He knew the power of the top family. His fate can only be one, that is, being swallowed up.
He picked up the phone left by Zhou Xu with both hands and dialed it.
"Mr. Zhou, you won Paramount and it's yours."
The next morning, the news that WF Group acquired 60% of Paramount shares under Viacom's parent company spread throughout Hollywood. After learning that WF Group was the founding company of Didi Bike, Didi Takeout, and Didi D Car, the capital of the cooperation began to brag wildly.
The valuation of WF Group also soared. Seeing the crazy valuation, Goldman Sachs and Sequoia promoted it even more. Morgan, because he got the shared deposit, also promoted it very hard.
For a time, the valuation of WF Group soared from 20 billion US dollars not long ago to 28 billion US dollars, and it seemed that it could break through 30 billion at any time.
Tang Wen really didn't care about this, he was worried now.
Yes, that's right, Hua Yuhan, the crazy woman, chased after him again. Looking at Hua Yuhan with squinting eyes and a playful smile, Tang Wen couldn't be happy at all.
But what was different from before was that she changed into a pitiful look, an expression that said if you dare to scold me, I will cry.
Tang Wen was very puzzled about this. He checked into the Waldorf Astoria Beverly Hills five-star hotel in Beverly Hills without telling anyone, and didn't know how Hua Yuhan found him.
"Fuck, are you really a dog skin plaster? I ran from New York to Los Angeles, and I didn't get rid of you? I want to know how you found me now?" Tang Wen held his forehead, which was a little black, and said speechlessly.
"Yes." Hua Yuhan raised her phone triumphantly.
Tang Wen saw that it was a news with the title "WF Group successfully acquired 60% of Paramount Pictures' shares."
"That's it?" Tang Wen wondered.
"Isn't it possible for me to guess?" Hua Yuhan said proudly with her chest raised.
In fact, it was a coincidence that Hua Yuhan, who had lost Tang Wen, wanted to relax in the Beverly Hills villa bought by her brother, and happened to see Zhou Xu, who was helping Tang Wen, sending Morgan Jack.
So she quietly followed Zhou Xu to Tang Wen's residence. Because she was a resident of Beverly Hills, Tang Wen's bodyguards only paid a little attention to her.
JA saw that she was flirting with the boss, and chose to ignore it. He knew the boss's "women's popularity", so he stopped the bodyguards from asking questions.
So there was a scene where Hua Yuhan came to the door of the Waldorf Astoria Beverly Hills five-star hotel in Beverly Hills to block Tang Wen.
"Fuck, you crazy bitch, do you need to be beaten?" Tang Wen felt that he was about to lose control of his confidant.
"Then kiss me, it's my first time and I'm afraid of pain." Hua Yuhan pulled the corner of Tang Wen's clothes and said pitifully.
"Damn it, you said it yourself, even if a god came today, he couldn't save you." Tang Wen carried the shocked Hua Yuhan and walked towards the room without saying a word.
"Ahhh, help me."
"I'm kidding."
"You, you let me go."
"Please stop making trouble, you let me go."
Seeing that Tang Wen was serious, Hua Yuhan panicked and began to beg for mercy.
"It's too late, I said that even a god can't save you today." Tang Wen slapped her hips hard and said fiercely.