I’m in Hollywood - Chapter 1163
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[Chapter 1129 Little Tail]
Colin Southgate was silent again for a moment before saying: “Eric, these are just your side words, I need to see the split plan of Firefly Electronics first. = Music = Wen = novel www.lwXM In addition, At what price do you plan to transfer that equity?”
Eric replied: “$1.6 billion, about 20 times the price-earnings ratio, this price is very fair. Also, there is no room for negotiation, I just said that, I I don’t want to waste too much time negotiating.”
“Cash?”
“Of course, I’m not interested in exchanging shares.”
Colin Southgate shook his head: “EMI couldn’t come up with that much cash, even last year. We have reinvested all of the $1.2 billion from the sale of Virgin Records and returned it to shareholders.”
“If EMI releases news that it plans to take a stake in fireflyer, I think any financial institution will be happy to provide you with this financing. EMI currently has only $830 million in debt. Including the $1.6 billion, your debt ratio is less than 25%, which is a risk that most companies can afford.”
“Okay, Eric , but I still have to say that the conditions you gave are too harsh, and there is absolutely no room for negotiation. Even if I am willing to agree, it will be difficult for the board to agree to it in a short time.”
“This is not my problem,” Ai said. Rick shrugged and said: “However, what you just said is actually quite right. Firefly Electronics only needs to win over a major record company in the short term. So, if EMI hesitates for a long time, but other record companies agree to it. , you will miss this opportunity forever.”
“Aren’t you afraid that EMI will lead to other digital music player camps?”
“It will only be you who will lose.”
……
Colin
Southgate again After a moment of silence, he said: “Eric, these are just your side words. I need to see the split plan of Firefly Electronics first. Besides, at what price do you plan to transfer the equity?”
Eric replied: “1.6 billion US dollars, about 20 times the price-earnings ratio, this price is very fair. Also, there is no room for negotiation, I just said that, I don’t want to waste too much time on negotiations.
” Cash?”
“Of course, I’m not interested in exchanging shares.”
Colin Southgate shook his head: “EMI can’t come up with so much cash,
Even the $1.2 billion from the sale of Virgin Records last year has been fully reinvested and returned to shareholders.
”
If EMI releases news that it plans to take a stake in fireflyer, I think any financial institution will be happy to provide you with this financing.”
EMI currently has only $830 million in debt. Including the $1.6 billion, your debt ratio is less than 25%. Most companies can afford this risk.
”
Okay, Eric, but I still have to say that the conditions you gave are too harsh, and there is absolutely no room for negotiation.
Even if I were willing to agree, it would be difficult for the board to agree in a short period of time.
”
That’s not my problem,” Eric shrugged and said, “However, what you just said is actually quite right, Firefly Electronics only needs to win over a major record company in the short term.
So, if EMI hesitates for a long time, but other record companies agree, you will also miss this opportunity forever.
”
“Aren’t you afraid that EMI will lead to other digital music player camps?”
”
It’s only you who will lose in that way.”
Colin
Southgate was silent again for a moment before saying: “Eric, these are just your side words, I need to see Firefly Electronics’ split plan first.
Also, at what price do you intend to transfer that stake?
”
Eric replied: “1.6 billion US dollars, about 20 times the price-earnings ratio, this price is very fair.
Likewise, there is no room for negotiation. I just said that, I don’t want to waste too much time on negotiation.
”
“Cash?”
”
Of course, I’m not interested in stock swaps.
”
Colin Southgate shook his head: “EMI can’t come up with so much cash, even the $1.2 billion from the sale of Virgin Records last year, we have all reinvested and returned it to shareholders.”
”
“If EMI releases news that it plans to take a stake in fireflyer, I think any financial institution will be happy to provide you with this financing. EMI currently has only $830 million in debt. Counting this $1.6 billion, your debt ratio is It’s less than 25%, and most companies can afford this kind of risk.”
“Okay, Eric, but I still have to say that the conditions you gave are too harsh, and there is absolutely no room for negotiation. Even if I am willing to agree, and it is difficult for the board to agree in a short period of time.”
“This is not my problem,” Eric shrugged and said, “However, what you just said is actually quite right, Firefly Electronics will only It’s enough to win over a major record company. So if EMI hesitates for a long time, but other record companies agree, you will also miss this opportunity forever.”
“Aren’t you afraid that EMI will lead to other digital music players. Alignment?”
“It’s only you who will lose in that way.”
Colin Southgate was silent for a moment before saying, “Eric, these are just your side words, I need to see Firefly Electronics first. Split plan. Also, at what price do you plan to transfer that stake?”
Eric replied: “$1.6 billion, about 20 times earnings, this price is very fair. Again, there is no room for negotiation, I still What I just said, I don’t want to waste too much time negotiating.”
“Cash?”
“Of course, I’m not interested in exchanging shares.”
Colin Southgate shook his head: “EMI can’t come up with that. With more cash, even the $1.2 billion from the sale of Virgin Records last year, we have reinvested all of it and returned it to shareholders.”
“If EMI releases news that it plans to take a stake in fireflyer, I think any financial institution will be happy to do it for you. The one who provided this financing. EMI currently has only $830 million in debt, and including the $1.6 billion, your debt ratio is less than 25%, which is a risk that most companies can afford.”
“Okay, Eric, but I still have to say that the conditions you gave are too harsh, and there is absolutely no room for negotiation. Even if I were willing to agree, it would be difficult for the board to agree to it in a short time.”
“This is not My question,” Eric shrugged and said, “However, what you just said is actually quite right. Firefly Electronics only needs to win over a major record company in the short term. Therefore, if EMI hesitates for a long time, But the other record companies agreed, and you will miss this opportunity forever.”
“Aren’t you afraid that EMI will lead to other digital music player camps?”
“It will only be you who will lose.”
Colin South Gait was silent for a moment again before he said: “Eric, these are just your side words. I need to see the split plan of Firefly Electronics first. Besides, at what price do you plan to transfer the equity?”
Ai Rick replied: “$1.6 billion, about 20 times earnings, this price is very fair. Again, there is no room for negotiation, I just said, I don’t want to waste too much time on negotiations.”
“Cash ”
Of course, I’m not interested in exchanging shares.”
Colin Southgate shook his head: “EMI can’t come up with so much cash, even for the $1.2 billion that we sold Virgin Records last year, we’ve already done it all. Reinvested and returned to shareholders.”
“If EMI releases news that it plans to take a stake in fireflyer, I think any financial institution will be happy to provide you with this financing. EMI currently has only $830 million in debt, including For this $1.6 billion, your debt ratio is less than about 25%, and most companies can afford this risk.”
“Okay, Eric, but I still have to say that the conditions you gave are too harsh. There is absolutely no room for negotiation. Even if I am willing to agree, it will be difficult for the board to agree to it in a short period of time.”
“That’s not my problem,” Eric shrugged and said, “However, what you just said is actually quite right. Firefly Electronics only needs to win over a major record company in the short term. So, if EMI takes a long time Hesitant, but the other record companies agreed, and you will miss this opportunity forever.”
“Aren’t you afraid that EMI will lead to other digital music player camps?”
“It will only be you who will lose.
” Lin Southgate was silent again for a moment before he said: “Eric, these are just your side words, I need to see the split plan of Firefly Electronics first. Besides, at what price do you plan to transfer the money? Equity?”
Eric replied: “1.6 billion US dollars, about 20 times the price-earnings ratio, this price is very fair. Similarly, there is no room for negotiation, I just said that I don’t want to waste too much time on negotiations. ”
Cash?”
“Of course, I’m not interested in exchanging shares.”
Colin Southgate shook his head: “EMI can’t come up with that much cash, even for the $1.2 billion it sold last year for Virgin Records. We It has also been fully reinvested and returned to shareholders.”
“If EMI releases news that it plans to take a stake in fireflyer, I think any financial institution will be happy to provide you with this financing. EMI currently has only 830 million US dollars. Debt, including the $1.6 billion, your debt ratio is less than 25%, and most companies can afford this risk.”
“Okay, Eric, but I still have to say, you give The conditions are too harsh, and there is absolutely no room for negotiation. Even if I am willing to agree, it is difficult for the board to agree to it in a short time.”
“This is not my problem,” Eric shrugged and said: “However, What you just said is actually quite right, Firefly Electronics only needs to win over a major record company in the short term. So, if EMI hesitates for a long time, but other record companies agree, you will also miss this opportunity forever. ”
“Aren’t you afraid that EMI will lead to other digital music player camps?”
“You will only lose yourself.”
Colin Southgate was silent for a moment before saying: “Eric, these are just On your side, I need to see the split plan of Firefly Electronics first. Besides, at what price do you plan to transfer the equity?”
Eric replied: “$1.6 billion, about 20 times the price-earnings ratio, this price Fair enough. Again, there’s no room for negotiation, and I’m still saying that, I don’t want to waste too much time negotiating.”
“Cash?”
“Of course, I’m not interested in exchanging shares.”
Colin Sol Sgate shook his head: “EMI can’t come up with so much cash, even the $1.2 billion from the sale of Virgin Records last year, we have all reinvested and returned it to shareholders.”
“If EMI releases news that it plans to invest in fireflyer. , I think any financial institution will be happy to provide you with this financing. EMI currently has only $830 million in debt, and including the $1.6 billion, your debt ratio is less than 25%. Most companies can afford the risk.”
“Okay, Eric, but I have to say that the terms you gave are too harsh, and there is absolutely no room for negotiation. Even if I were willing to agree, it would be difficult for the board to Agree in a short time.”
“This is not my problem,” Eric shrugged and said, “However, what you just said is actually quite right, Firefly Electronics only needs to win over a large record company in the short term. So, if EMI hesitates for a long time, but other record companies agree, you will also miss this opportunity forever.”
“Aren’t you afraid that EMI will lead to other digital music player camps?”
“That’s only the loss. It will be yourselves.”
Colin Southgate was silent again for a moment before saying: “Eric, these are just your side words, I need to see the split plan of Firefly Electronics first. Besides, what price do you plan to transfer that Equity?”
Eric replied: “$1.6 billion, about 20 times the price-earnings ratio, this price is very fair. Also, there is no room for negotiation, I just said that I don’t want to waste too much time negotiating. On.”
“Cash?”
“Of course, I’m not interested in exchanging shares.”
Colin Southgate shook his head: “EMI can’t come up with that much cash, even for the $1.2 billion it sold last year for Virgin Records. We have also fully reinvested and returned to shareholders.”
“If EMI releases news that it plans to take a stake in fireflyer, UUkanshu www.sonicmtl.com I think any financial institution will be happy to provide you with this financing. EMI Group At the moment you only have $830 million in debt, and with that $1.6 billion in debt, your debt ratio is less than 25%, a risk that most companies can afford.”
“Okay, Eric, but I still have to say that the conditions you gave are too harsh, and there is absolutely no room for negotiation. Even if I were willing to agree, it would be difficult for the board to agree to it in a short time.”
“That’s not my problem,” Eric said. He shrugged and said, “However, what you just said is actually quite right. Firefly Electronics only needs to win over a large record company in the short term. So, if EMI hesitates for a long time, but other record companies agree, you guys You will miss this opportunity forever.”
“Aren’t you afraid that EMI will lead to other digital music player camps?”
“The only thing you will lose is yourself.”
“Aren’t you afraid that EMI will lead to other digital music player camps? ”
It’s only you who will lose in that way.” Mobile phone users, please browse and read for a better reading experience.
[End of this Chapter]
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