The next day, as expected, Ralph received some bad news. MGM told him that Sony had increased their acquisition price to 5 billion USD.
MGM's shareholders are leaning towards Sony.
Ralph immediately rushed over to MGM's shareholders for a new round of negotiations.
This time, Ralph mentioned Feng Yu's condition. MGM's shareholders can continue to be MGM's directors and top management, but the Chairman will be appointed by Wind and Rain Holdings.
The shareholders were still hesitating, and Ralph asked them. "Many people say our Wind and Rain Holdings has many investments, but every time we invest, we will make money, and the shareholders will make money. At the same time, the founders of those companies will also make money!"
"To be honest, if it is me, I will not invest a lot in MGM. But my boss likes to watch MGM's movies and the 007 series. He thinks these movies should not be buried and should continue to develop."
"Everyone who thinks our boss is making impulsive investments regretted it in the end. What you all think is impulsive, but our boss had thought about it carefully. Sony is not bad, and after you all merge, you all will have a better future. But don't forget, China is the market with the highest potential in the future! "
"If our boss agrees, MGM's movies will sell well in Hua Xia. Our boss shook his head. Even if you all merge with Sony, your movies will not do well in Hua Xia. "
"Taihua Holdings had set up a cinema chain company, and we are investing in more cinemas. In the future, Hua Xia's box office sales will shock everyone."
Ralph spoke confidently to show off his company's capabilities. At the same time, he painted a bright future for MGM's shareholders.
But at this time, one of MGM's shareholders said. "Ralph, you all do not have experience in managing a film company. How do I know you all can develop MGM? No one in this world can make money from investments, and Feng Yu must have some investments that are not profitable. But it is not reported. "
"We need MGM to continue to provide the world with better movies. We need MGM to be famous all over the world. This was not something that could be achieved with just a few screens. Maybe MGM would have gone bankrupt before Hua Xia's movie market could take off. "
Ralph sneered and looked at the shareholder. "MGM going bankrupt? It might be possible in your or Sony's hands, but it is impossible in our Wind and Rain's hands! Although MGM owes us a lot of money, our boss can settle it himself. "
"To put it bluntly, between letting the company go bankrupt to avoid the debt and choosing to pay off the debt himself, our boss will definitely choose the second option. Amazon and Google had just been listed, and their share prices are still rising. Three years later, our boss can cash-out a little and pay off MGM's debt. Do we need to let it go bankrupt? "
"Our partner has the most advanced CD-ROM technology. We will make MGM's films available in HD CD-ROM format. We will make MGM's movie IP shine again. We will also let MGM step on all the other film companies and become the world's number one film company! "
Ralph's words were very provocative. He had drawn a pie in the sky for these shareholders. This pie will make these shareholders drool.
This big cake could satisfy their spiritual needs, but it could also satisfy their material needs.
"Don't forget that Sony does not have much money now, and we have enough cash. We will buy your shares in cash and not using those risky bonds like Sony. To put it bluntly, what Sony is doing is not an acquisition. They are using your shares to buy out the company that belongs to you! "
"Even if you all think we do not know MGM well and might not manage it well, we still have you all. As long as you all still love MGM and want it to be famous all over the world, selling MGM to us is the right choice. "
Ralph's words had moved some shareholders. Some people were not satisfied with Sony's leveraged buyout. Although it might bring high returns, it is also risky.
Some people are not willing to take the risk. They just wanted to take this money and retire peacefully. Maybe they can invest in other stable shares, but they will not invest in these risky products.
"Mr. Ralph, we still need to discuss. To be honest, your offer is very attractive. But who knows, Sony might give you a better offer. "
Ralph was furious. These cunning and greedy fellows are not thinking Sony will offer higher terms. They are trying to get Wind and Rain Holdings to offer higher terms!
"Then think about it carefully. Actually, there are some other high-quality film companies that are also within our scope of consideration. Just think about our competitors. Even Microsoft had suffered a lot! "
Before Ralph left, MGM's shareholders looked at each other.
They suddenly remembered rumors that Microsoft had kicked Feng Yu out of the company, and Microsoft's share prices plunged. At the same time, the internet bubble burst, and Wind and Rain Holdings was the one who exposed those internet companies' scandals and caused the internet bubble.
They are also the ones who dumped Microsoft's shares first, causing panic selling and the share prices to plummet.
But these shareholders are after profits. If Sony can bring them more profits, they will choose to cooperate with Sony.
… …
Xiao Dao Cangjie knew that Ralph had come to MGM again. After Ralph left, he did not go to him directly. He wanted to wait for MGM to come to him so that he could take the initiative.
As expected, MGM's CEO called Kojima Cangjie.
"Meio, have you all thought it through and are you going to accept our acquisition? If you all join us, MGM will bring you all more profits. "
"Mr. Kojima, I am only here to inform you of something. 200 million USD. If you add another 200 million USD, we will sell MGM to Sony." Meio said.
"No. 5 billion USD is the highest we can offer. Don't forget that MGM still has huge debts, and we will be responsible for it."
"You all do not need to pay more than 200 million USD. The banks and other investment institutions will be paying for it."
"No. This is Sony's profits. MGM is only worth this much. "
Meio is furious. "Xiao Dao, if that's the case, then we will never cooperate with you. Sony is too stingy. That's why we can't cooperate with you. That's why we chose to cooperate with the more generous Wind and Rain Holdings.
… …
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