Among the eight major film giants in the United States, Disney is considered a rising star.

On the one hand, they have their own Disney film company, and on the other hand, they have also acquired many independent film companies, such as the most famous Miramax.

Thanks to the efforts of many talented people, Disney is now developing very well and has produced many movies in succession, establishing itself as a giant in the new generation of film industry.

Compared with other film giants, Disney has a big advantage, that is, in addition to film companies, they also have one of the most famous animation production companies in the industry, Pixar Animation Company. This animation company has brought them a lot of

The profits also contributed greatly to their entry into 3D animation.

With Pixar's production capabilities, many of Disney's classic animated films can be released in 3D format, which is another secret to their longevity.

What's more, Disney's Disneyland is also a big brand. Like Universal Studios, it has a positive interaction with the company's main business and can continuously cultivate more children to like Disney from an early age.

It can be said that in the animated film industry, the value of the Disney brand is equivalent to Coca-Cola's position in the beverage industry, surpassing Hollywood.

Of course, there are no Big Eight in Hollywood now.

United Artists was merged with MGM in the 1980s.

Now, MGM has merged with Columbia, and next year MGM will be thrown out by Sony again and go bankrupt and reorganized.

After 2010, 20th Century Fox and Universal Pictures will be the real influencers in Hollywood, while Paramount, Columbia and Disney will also be inferior.

Xiao Qi wanted to buy Disney, not for its film company, but for Disneyland and such a treasure with a huge library of cartoons.

But Disney isn't that easy to buy.

As one of the symbols of the United States, the shares of the listed company Disney are very dispersed. In the previous life, Gang Leader Qiao owned 7.7% of Disney shares and was already the largest private shareholder.

In this life, Xiao Qi has transferred the 5% shares of Disney owned by his two wives to Dake Fund, so now Xiao Qi is the largest shareholder of Disney in the true sense.

Under Qiao Bangzhu, the second place is held by Vanguard Group, the second largest fund management company in the United States, with a shareholding of 5.12%, the third place is State Street Global Fund Management Company with 3.83%, and the fourth place is owned by Blackstone Group.

Black Rock Group’s 3.5%, fifth place is Fidelity Investments’ 3.07%. Sixth place is also the well-known State Farm Investment Management Company’s 2.5%.

The six largest shareholders add up to 25.72% of the shares. If the top ten shareholders are included, it is 32%.

This figure is still far from the 67% absolute holding Xiao Qi hopes to apply for privatization and delisting.

But among the remaining shares, only about 20% are on the market, and the remaining 48% or so are controlled by the management and hundreds of fund companies. If you want to acquire them, it will be very difficult.

cumbersome.

Therefore, Xiao Qicai entrusted Blackstone Group to acquire Disney's shares.

Only professionals like them can have the maximum patience to deal with various shareholders, large and small, and buy as many shares as possible.

Xiao Qi told them to only buy 50% of the shares. This is because Xiao Qi already owns 10% of the shares. Blackstone Group, which merged with Black Rock Group, also owns 3.5% of Disney shares, and Gang Leader Qiao owns 7.7%.

The shares are also in Xiao Qi's pocket.

This adds up to about 71%, which is enough to achieve Xiao Qi's goal.

Starting from the entrustment at the end of June, Blackstone Group's progress was not that smooth. However, with the outbreak of the European debt crisis, the capital chains of major fund companies were greatly challenged. Blackstone Group took the opportunity to increase the purchase price. Therefore.

Many fund companies, especially small fund companies, have sold their Disney stocks to them.

In addition, the current U.S. stock market is already sluggish. Disney's stock is also falling continuously. When the price is right, Blackstone Group also purchased a lot from the market.

As of mid-October, Blackstone Group, including its own, has acquired a total of 33.5% of Disney shares for Xiao Qi, which can be said to be a remarkable achievement.

Especially now, with the collapse of Spain and the retreat of Italy and Ireland, more fund companies can no longer hold on. I believe that within a month or two at most, Blackstone Group will be able to acquire more than 50% of the funds.

share.

This is the benefit of having cash.

When everyone hopes to get cash to survive the winter, the large amount of cash flow in Xiao Qi's hand is actually the best weapon to take advantage of the opportunity to acquire the shares he wants.

In addition to Disney, Xiao Qi has not forgotten that his other goal is Universal Studios.

Of course, if after the acquisition of Disney, the privatized Universal NBC was acquired with great fanfare, then the Americans would definitely turn their backs, even if Xiao Qi had an American wife named Taylor.

No matter how strong Xiao Qi is, his influence and strength in the United States cannot be compared to the old Rockefeller.

A man as powerful as Rockefeller was forced to break up the Standard Oil Company, and the Rockefeller family fell off the altar.

Xiao Qi, a foreigner, is no exception.

But the smart Japanese have already figured out a way for Xiao Qi, which is to learn from the methods of Japan's super chaebols and use various shareholding methods to hold more company stocks and complete privatization in a substantial sense.

This is what Xiao Qi did with Global nb.

Universal nb is a company formed by the merger of nb television news network and universal pictures. It is an unlisted company. 80% of its shares are held by General Electric Group and 20% of its shares are held by France's Vivendi Universal Group.

.

In more than a year's time, Comcast, the giant television and telecommunications group in the United States, will cooperate with General Electric to acquire US$6.5 billion in cash and the cable TV station at a discount of US$7.5 billion, for a total of US$14 billion.

At the same time, General Electric will use part of the US$6.5 billion to acquire 20% of the shares of the French Vivendi Group.

However, General Electric does not want to continue to hold shares in Global nb. After agreeing to Comcast Group's acquisition request, they also added two option contracts, that is, within 2014, General Electric can force Comcast to

Castel buys half of their 49% stake, and the remaining half can be forced to be purchased by Comcast in early 2018.

If that time really comes, Comcast will expand again and become the truly largest TV and movie giant in the United States, even more powerful than 20th Century Fox’s parent company, News Corporation, and Warner Brothers’ parent company, Time Warner!

The main reason why General Electric does not want to continue to hold shares in Global nb is that their own business is declining, and Global nb is not their main business, so they want to reduce unnecessary energy and get back a large amount of funds.

Continue to develop steadily.

In comparison, Vivendi's 20% stake is easier to buy.

With the reputation of Berard, the richest man in France, LVMH, and the French economy also falling into stagnation with the outbreak of the European debt crisis, the representatives of Vivendi and Xiao Qi had a very harmonious conversation.

In the previous life, Comcast valued Global NB at around US$27.5 billion, but Xiao Qi was much more generous than them and directly offered a price of US$30 billion.

Precisely because Xiao Qi is very sincere, the business has almost been negotiated since September.

The remaining 80%, if Xiao Qi wants to buy it from General Electric now, should be able to buy it. However, after the dust of Disney's acquisition has settled, the US Fair Trade Commission and the Department of Commerce will also be able to buy it.

Came to the door.

But only buying 20% ​​of the shares will not have much impact on Global nb. Xiao Qi is a person who likes to buy directly, so he will buy it in other ways next.

Therefore, Xiao Qi entrusted Blackstone Group to go to General Electric to buy 40% of Global nb's shares, and then put them in the asset management fund under their name. However, this part of the equity was marked again.

Mingxiang Venture Capital belongs to Miss Tang Mingxiang.

At the same time, Mingxiang Venture Capital signed an agreement with Mingxiang Holdings to transfer the 40% equity of Global nb.

In such a circle, equity has become very complicated. If you don't spend a lot of effort to verify it, you will be stuck at the Blackstone Group first.

Don't forget, their boss is the former head of the U.S. Department of Commerce, and he knows a lot about this set of things.

Then, Xiao Qi asked Milner to use the same method, using the name of dst Investment Company, to discuss 40% of the shares with General Electric. On the surface, dst held it, but in fact it was through Yu Shanshan's "Yu Fund"

”, and then transferred it to the name of Qicai Investment.

The current negotiations on both sides are progressing fairly well. General Electric doesn't have much interest in Global nb now. If the price is right, it will naturally be willing to sell.

As long as the negotiations are completed, through the three companies of Fairy Company, Blackstone Group, and DST Investment Company, Xiao Qi will essentially hold 100% of Global nb.

On weekdays, elite managers from the United States run the company.

If there is any dissatisfaction, Xiao Qi will come forward in the name of the three companies to control the company's development and operations.

As time goes by, the U.S. government may notice something, but at least from a legal perspective, they won't be able to catch anything. In addition, Xiao Qi's network of contacts in the United States is very large. At that time, the best he can do is spend some money on public relations.

After a while, it naturally means that the problem is not big.
Chapter completed!