Chapter 137: Start with paper media

Of course, Jason was a bit worried. He was afraid that this guy would be arrogant. Now it seems that this is not the case, it is just an intention.
William White bought two newspapers on the verge of bankruptcy in Houston, and the money spent was almost negligible. This result surprised many people.
Is this no longer playing?
This is too anticlimactic,
Well, there are three other TV stations that are about to go bankrupt.
You said that people are so tall, they are starting from a young age, this is really speechless, but your contrast is too great, this basically belongs to the category of wasting time.
Newspaper groups have remained silent. Several of them were tossed by William White. They understand the virtue of this guy. You don’t want to provoke him. It’s definitely a serious consequence if you annoy him.
Without conflicts of interest, it would be foolish to provoked a billionaire.
In this way, negative reports about William White are very rare, and even if you don’t praise you, you won’t discredit him.
The reason is also very simple. The two small newspapers are also newspapers. Everyone is still playing on a platform.
William White's men attacked everywhere, and in just one week, seven newspapers changed hands.
Although they are all regional newspapers, each of which has a small circulation, but if you add these newspapers together, you also have nearly two million subscriptions.
Don't look at this amount is small, but for the newly established White News, this is a very good start.
"Filson, proceed as planned, and the problem will be resolved."
"Okay, boss, integrate right away."
William White didn't plan to make a big deal, but he didn't need to keep the disobedient.
For these debt-laden newspapers, sticking to tradition is nonsense, and William White does not have that thing.
The situation is more optimistic than he thought. The current situation is very bad. After all, those who don't know the current affairs are a few. This group of guys were going to pounce on the street. It is a problem to feed their families. , It's really not saved.
William White is in this tossing bustle, Wall Street is of course uncomfortable, this product is finally going to the sea, and you are scared away, what now?
"Boss, Disney's situation is not good now, can it?"
"The question is, does that guy have money to buy?"
"Boss, Disney's loan is more than one billion, and the company's assets are two billion. They can't sustain it."
"Well, include it in the options and see what the other person means."
The company's successor has not been selected, this is the problem. If you are a Disney company, you will be insolvent.
This is no joke. The interest for one year is $200 million. You still have a few years of tossing!
The company's profit?
Don't joke, the old and beautiful Disneyland has been losing money. This thing hasn't changed in 2008, and it's going to the grandma's house.
the film?
I can only describe it with four words, I don’t know how to say it. I don’t want to engage in movies that young people like, specialize in tossing art films, and give up the entertainment spirit. Disney is indeed desperate.
Lao Mei likes the playground very much, but he doesn’t like Disney. I have to say that Disney’s sexual orientation is really a problem, at least boys don’t like it very much.
Meidi's sisters are also rude. Disney seems to them that there is no sense of substitution. Otherwise, how do you explain that Laomei's playground is very profitable, but it is not the most famous.
You said Disney in the foot basin.
This is really impossible. The population base is different. In such a narrow place, the population is almost the same as that of the old and the beautiful. How can it not be profitable.
Then again, the stars of Japan and South Korea are very good, and it's so strange to like this type.
"What? Disney? Philson, are you sure that Morgan Stanley made no mistake?"
"Yes, boss, they have the possibility to pack and sell."
"Well, you prepare the information. If I remember correctly, this company needs 2 billion yuan. I don't have so much capital reserves."
"Yes, boss, the current valuation is about 2.5 billion. If an overall acquisition is needed, it needs about 2.8 billion. There is also a problem. Their loans have exceeded 1.2 billion."
"Isn't it? How did they repay the loan? In the impression, their playground and film company lost money, and the TV station was not good. Is this going to pit me?"
"Boss, think tanks do not recommend acquisitions, their institutions are very bloated, unless a large number of layoffs, otherwise can not guarantee profitability."
"Huh, this is really troublesome. Now how to lay off staff at this time, the guild will definitely tear our face with us."
"Yes, boss, there will be a lot of trouble."
"Let me guess, is this about to provide packaging services? Hope we can repackage and go public?"
"Yes, they are optimistic about your solvency and can re-IPO in up to two years, and their benefits can be maximized."
"Alas, a sly old guy, I don't plan to go for it, help me contact the consortium of the foot basin to see how much money can be raised."
"Okay, boss."
Morgan Stanley really has a way. William White believes that Disney is absolutely incapable of resisting. Their foundation is too weak. Once the bank recovers the loan, Disney will only have one way to go bankrupt.
It is to say that the valuation of 2.5 billion yuan is too high. Banks give you a valuation of 2 billion yuan.
As the actual controller, the Disney family has only 5% of the shares in their hands. However, the shares that will be driven away at any time cannot be the master.
Alas, this time, I found the wrong investment bank, and Morgan Stanley is still so simple and rude.
In fact, Morgan Stanley is also very annoying. You don’t want to buy maliciously. You will definitely save a lot of money. Why not go for an overall acquisition. The amount of such funds is terrible.
They certainly don't understand William White's idea. A malicious acquisition is a loss of both sides. He wants a complete company, not a bunch of wrecks.
"Boss, it's time for lunch."
"Well, Suzuki, what are we eating today?"
"Boss, today's tuna is good, there are French baked snails, and the herb lamb chops are also very fresh."
"Well, let's eat."
The service of the foot girl is still very good, at least not always give him ice water or coffee.
Although not accustomed to their tea ceremony, it is good to drink a little every day, at least there is no harm.
There is no good tea that Miguo can buy, even oolong tea is pretty good. These are also made from Treasure Island, so you shouldn’t drink Dahongpao unless you have a business relationship with Tianchao.
Now that the Tianchao has just opened, you can only get some clothing and toys. Don’t even think about the rest. After the Asian Games broke out, it is really in a state of poverty.
"Well, toys? This is possible, but there are a bunch of toys that need to be produced, buddy. Let's build the factory first." William White is thinking about it, and the assistant is very diligent in helping him cut the lamb chops.
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