Li Muchen reflected on his journey with a wave of emotion. Through trading stocks, futures, London gold, and foreign exchange, he had already amassed a profit exceeding $120 billion.
He also made full use of the more than 4 billion US dollars in profits each month from Chenbao Toy Company to buy stocks with huge potential for future appreciation, hold them for a long time, and wait for dividends.
Today, his wealth is growing like a snowball, but he also knows that in order to keep the wealth increasing in value, he must continue to explore new areas.
"In order to ensure the smooth broadcast of these TV series and maximize the profits, it is imperative to acquire a TV station." Li Muchen thought to himself.
He scanned the many television stations and finally set his sights on CBS.
This TV station has a wide influence and a huge audience base, and is undoubtedly an excellent platform for his TV drama broadcasts and variety show productions.
Li Muchen called his assistant Shangguan Yuting and said firmly, "Yuting, I have decided to acquire CBS. I will prepare $8 to $10 billion for this acquisition."
Shangguan Yuting was slightly stunned, and then her eyes sparkled with excitement. She knew that Li Muchen's decision would once again change the business landscape.
"Mr. Li, your decisions are always so decisive and wise. I will go and prepare the relevant matters right away." After saying that, she turned around and left in a hurry.
Li Muchen looked at Shangguan Yuting's departing back, a confident smile appearing on the corner of his mouth.
He knew very well that acquiring CBS would not only benefit the broadcast of his TV series, but also the broadcast of variety shows. More importantly, he would have control over the weapon of public opinion, which was crucial to hiding his wealth.
In the following days, Li Muchen's team began to prepare for the acquisition in full swing.
They conducted an in-depth investigation and analysis of CBS and developed a detailed acquisition plan. Li Muchen personally participated in every step, not missing any details.
At an acquisition strategy discussion meeting, Li Muchen sat at the first seat in the conference room, looking intently at the documents in front of him.
"We need to fully understand the value and potential of CBS and formulate the most reasonable acquisition price. At the same time, we need to take into account the post-acquisition integration and development to ensure that we can achieve the maximum benefits." His voice was steady, powerful, and full of confidence.
The team members nodded in agreement, impressed by Li Muchen's wisdom and decisiveness. A senior consultant said, "Mr. Li, we've conducted a comprehensive evaluation of CBS. Their assets are in excellent condition, and their brand influence is immense. After the acquisition, we can quickly integrate resources and launch a series of exciting programs to boost ratings and advertising revenue."
Another member added: "Furthermore, we can use CBS's platform to promote our TV series and other products, creating synergy and further expanding our business territory."
Li Muchen looked at everyone with satisfaction and said, "Very good. We must move forward with the acquisition as quickly as possible and strive to acquire CBS as soon as possible."
As the acquisition unfolded, the atmosphere at the negotiation table became tense and intense.
Li Muchen personally led the team to negotiate with representatives of CBS. He was dressed in a neat suit, his eyes revealing confidence and determination.
"Our acquisition of CBS is based on a deep understanding and strategic layout of the future development of media. We will bring new opportunities and development space to CBS," said Li Muchen.
CBS representatives were not to be outdone and put forward various conditions and demands. "Our company has a long history and strong brand value. The acquisition price must be reasonable while also protecting the interests of our employees."
The negotiations reached a deadlock, with both sides going back and forth and neither side giving in.
Li Muchen always remains calm and rational. He is good at listening to other parties' opinions, while also firmly safeguarding his own interests.
During a break in negotiations, Li Muchen and Shangguan Yuting were chatting in the corridor outside the conference room. "Yuting, this negotiation is more difficult than we imagined. But we can't back down. We must persevere to the end," Li Muchen said.
Shangguan Yuting nodded and said, "Mr. Li, I believe your decision is correct. We will definitely be able to successfully acquire CBS."
After several rounds of tough negotiations, Li Muchen finally acquired CBS for $9.3 billion.
When representatives from both parties signed the acquisition agreement, warm applause broke out in the conference room.
Li Muchen stood up and shook hands with the representatives of CBS.
A gratified smile appeared on his face, and his heart was filled with a sense of accomplishment. "This is a new beginning, and we will create an even more glorious future together," he said.
After the acquisition was completed, Li Muchen quickly integrated and reformed CBS.
He introduced advanced management concepts and technologies, improving the TV station's production level and broadcast quality.
At the same time, he also actively planned a series of exciting variety shows and TV dramas to attract more audiences.
In the CBS office, Li Muchen held an important meeting with the TV station's management.
"We must fully leverage CBS's advantages to create more influential programs. At the same time, we must strengthen cooperation with other media to expand our communication channels and influence," said Li Muchen.
This chapter is not over yet, please click on the next page to continue reading!
Continue read on readnovelmtl.com