Adding these three together, the liquid funds I currently have available have reached fifteen small goals!
Add to that the 50% off cinema purchase card and system funding, and that’s… thirty small goals!
It has to be said that this amount of money is enough to create a huge wave in the capital market, comparable to a medium-sized investment fund.
The M&A team is a hired profession.
The financial team, legal team, and audit team have a cooperation model with separation of powers and mutual supervision.
After all, Lu Hao didn't quite understand this, and when it came to such a large-scale operation, he was cautious, fearing that he would be deceived.
Although it costs a little more, it can give you peace of mind.
The food and supplies are in place, the soldiers and horses are strong, and the next step is to implement the action.
Cinema chains are access permits issued by the Film Association. Since its establishment, a total of 38 cinema chain licenses have been issued.
Among them, the smallest is Bauhinia Pictures, with an estimated value of approximately 1 billion yuan.
This was also Lu Hao’s original goal.
I didn't think it was that big of a deal at the time.
But now, with two more movies being produced, the funds available have expanded, and the goal will naturally expand as well.
After careful analysis, the professional M&A team gave three options.
The first target is Silver Cinemas, which ranks 21st in size.
Its parent company has been in financial trouble recently and needs cash flow. In addition, the equity is concentrated, and the assets and liabilities are clear, so there is not much trouble.
Full acquisition.
The second target is Universal Cinemas, which ranks 15th in size.
By acquiring approximately 60% of its shares, it directly became the controlling shareholder.
Universal has a higher ranking, a better brand reputation, and more cinemas.
Although the number of shares is smaller, the corresponding value is not low, and more resources can be integrated.
The third goal is to acquire Star Cinema Line, which ranks 7th, with approximately 15% of its shares and become its largest shareholder.
Star Cinema Line is a listed company independent of Star Pictures.
As a listed company, Star Cinemas' equity is relatively dispersed. Even its parent company, Star Pictures, only holds 12% of the shares.
With 3 billion, through capital operations, he continuously acquires shares in the secondary market. Every time he reaches 5%, he raises his hand once. After three times of raising his hand, if everything goes well, he can become a major shareholder.
…
Lu Hao listened to this report for a whole afternoon before he had a general understanding of it.
The first goal is simple and convenient. You just pay money and buy goods, which is similar to buying things in a supermarket.
The second goal is a little more troublesome than buying things in a supermarket. It is as difficult as buying a house with a loan and requires a lot of procedures.
The third goal...
"What what what?"
"What the hell is this!"
Lu Hao felt like he was illiterate.
I couldn't understand any of the various professional terms, such as raising the banner, block trade, buying high and selling low, takeover offer, poison pill plan...
It's just like a poor student taking advanced mathematics exam.
I can understand each word, but when they are put together, I am completely confused.
The only thing that made Lu Hao excited was the four words "Starry Sky Cinema".
——"What if this acquisition goes through?"
Lu Hao asked.
Received affirmative answers from professionals.
So, after smoking a cigarette, Lu Hao made a decisive decision.
"Damn it, done!"
"Starry Sky Films makes me unhappy!"
Even if you lose, all you have to pay is the loss caused by the drop in stock prices, which is at most a few hundred million.
I can still afford to pay this amount of money.
But if I win...
Tsk, that feeling, must be so cool, right?
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