Wind and Rain Holdings announced that they will invest 5 billion USD to acquire 98.3% of MGM Mirage's shares. The remaining 1.7% will be held by Mayo and other MGM Mirage executives. They will continue to work for MGM Mirage. At the same time, Wind and Rain Holdings has the right to acquire MGM Mirage's shares.
On the same day, Wind and Rain Holdings announced that they will restructure MGM Mirage's assets. MGM Mirage's coffee assets will be sold to Starbucks, and MGM Mirage's hotels, resorts, and other property assets will be sold to Trump Holdings, which is Donald's company.
MGM Mirage's film companies, cinemas, and TV companies will be retained by Wind and Rain Holdings.
At the same time, Wind and Rain Holdings announced that MGM Mirage will continue to produce the James Bond series this year. The script had been written, and the audience will not be disappointed.
At the same time, the production of a few movies has been put on the agenda, and the scripts have been certified by the Motion Picture Association. This way, even if the movies are not produced, no one can copy them.
These scripts were written by Feng Yu and written by famous screenwriters. Among these screenwriters, there is also a famous director, who is the director of Batman. Feng Yu intends to hand over a movie to him. This movie is called "Inception"!
When everyone thought that this is all Wind and Rain Holdings will do, Wind and Rain Holdings announced that they will acquire AMC Cinemas. AMC is the second-largest cinema chain in North America, and it owns thousands of screens. It is also one of the first cinema chains to have 3D and IMAX cinemas.
There is still some time before the box office sales in the US explode. That's why these cinema chains do not need to pay a premium.
But even so, Wind and Rain Holdings' acquisition price is more than 1.6 billion USD.
According to asset valuation, AMC's current market value is about 1.5 billion USD. This is a premium of more than 6%!
After this news broke out, the entertainment media and financial media were in an uproar.
That day, many media's front page is this news: Wind and Rain Holdings enters the film and entertainment industry!
Many people were shocked when Wind and Rain Holdings acquired MGM. Now, they are acquiring movie theaters, and many people did not expect Wind and Rain Holdings to acquire them.
They thought that Wind and Rain Holdings should focus on the IT industry, the electronics industry, and the financial industry. This was also the main impression that many people had of Wind and Rain Holdings.
Even a retail giant like Amazon is considered an IT industry to many people. This is because eCommerce is inseparable from the internet.
The Wind and Rain Holdings Group's investment in such industries also performed very well. Although Amazon's profits were not high, it had developed into the world's number one eCommerce website. Amazon's share prices had increased steadily after it was listed. This showed the investors' trust in Amazon.
Google, the company that was abandoned by the Asian tiger, had now grown into the world's number one search engine. At the same time, the investors also know that the world's number two search engine, Baidu, is also invested by Feng Yu using another company, Taihua Holdings.
Among the two holding companies controlled by Feng Yu, Wind & Rain Consulting, the company with the highest market value and assets, is mainly doing financial investments. This is also the reason why Feng Yu started this company.
During the Asian Financial Crisis, even a tycoon like Soros lost, but Feng Yu won, and his assets skyrocketed.
Also, Feng Yu's investments in stocks, futures, etc. had made high profits. Even now, Feng Yu's investments in the futures market are still the most.
But just when the investors thought Feng Yu will continue to invest in these companies steadily, Wind and Rain Holdings Group invested in the film and television industry. Is this Masao Kameda's idea or Feng Yu's?
After this news broke out, the US film and television giants felt trouble is coming. MGM is a dying lion, and in Feng Yu's hands, it might become a real lion and swallow up the market that belongs to them.
Among them, Sony is the most depressed. They had hoped to acquire MGM Mirage, and they will become the world's biggest film and television producer. They will own the most film and television copyrights. They will look down on other companies.
But their dreams were shattered by Wind and Rain Holdings Group.
They had snatched MGM away from Sony. MGM's CEO, Mayo, even mocked Sony for being stingy. Mayo revealed this incident to the media.
That day, the entertainment news reports were all about Sony being stingy, and other film and television companies also took this opportunity to attack Sony.
Some media even claimed that Sony cannot even afford 5 billion USD and is no longer a top tier company. This news caused Sony's share prices to plummet.
This time, Wind and Rain Holdings Group wants to acquire AMC, and Sony had wanted to trick Wind and Rain Holdings Group to raise the price.
But when Kojima Cangjie contacted AMC's President, he rejected him and did not even listen to his offer.
This is because AMC does not have the cash no matter how much Sony offers. AMC will never accept a leveraged buyout. After all, AMC's assets are not bad, and its profitability is not high.
Kojima Cangjie was frustrated. Feng Yu did not even give him a chance to raise the price.
Kojima Cangjie was scolded by his headquarters after Wind and Rain Holdings Group acquired MGM. He had wanted to take revenge on MGM, but everyone thinks Sony does not have the money now.
Sony does not have 5 billion USD cash, but they still have 1.5 billion USD. Why can't they raise the price? Can't they even listen to his offer?
No one can compete with Wind and Rain Holdings Group. Now, no one thinks investing in cinema chains will make high profits. But the world's number one cinema chain is nervous. They thought Feng Yu wants to set up the world's biggest cinema chain company.
AMC and MGM's original cinema chains are about the same as them. If AMC acquires one or two smaller cinema chains, it will be easy to become the world's number one cinema chain.
It might be difficult for other companies, but it is not a problem for Wind and Rain Holdings Group.
They also know that Tai Hua Holdings had set up a cinema chain in China last year. It is based on Tai Hua Supermarket Group. Every Tai Hua Hypermarket has a Tai Hua Cinema.
If Tai Hua Cinema merged with AMC, it will become the world's biggest cinema chain company!
The benefits of being the world's number one cinema chain company are obvious. The boss always had the most authority. Therefore, the world's number one cinema chain company also began to negotiate with several smaller cinema chains, planning to acquire them to ensure that they were number one in the industry!
At this time, Wind and Rain Holdings Group made another announcement.
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