Chapter 19: Failure to acquire DC
Jin Jianfu's month-long walk around Marvel and National Joint Publishing Company (DC Comics) finally brought back the answers from both companies in early December.
The era of comic harmful theory has gradually faded after 10 years. By the mid-1960s, the comic market was slowly recovering.
Marvel, a giant in the comics industry, and the National Joint Publishing Company (DC Comics), both underwent tremendous changes.
"Marvel's CEO Goodman agreed to our United Film Company acquisition."
The first good news from Jin Jianfu made Herac very happy.
"but……"
Seeing Herak's happy look, Kim Jan-fu pushed his glasses and continued: "Marvel's CEO Goodman has claimed $10 million."
“$10 million.”
Herac slightly put away his joy and asked quickly: "What does Letu's analyst say?"
Jin Jianfu took out a Marvel analysis report from the documents in his hand and placed it in front of Herac. "Chairman, this is the value of Marvel's acquisition by Letu analysts."
Herac picked up the Marvel analysis report and watched it without saying a word, but Jin Jianfu continued: "At present, the overall value of Marvel is not worth $10 million. After analyst analysis, Marvel, which is less than the publisher, is only worth $9 million."
The anti-comics movement's harmful theory made comic companies lack the existence of publishers, and they were very energetic and could only rely on the National Joint Publishing Company (DC Comics) that survived to publish comics.
Although the emergence of the Avengers has made Marvel Comics' sales 1% higher than the Justice League's performance in the market, Marvel, which does not have a publishing house, can only rely on the National United Publishing Company (DC Comics) to conduct distribution channels.
After reading the estimated report of Letu analysts, Herac asked: "Does Goodman have any other requirements besides the 10 million US dollar offer?"
"Yes, but it's the request of Marvel executives."
Jin Jianfu's words surprised Herac and hurriedly asked, "What do they have to ask for?"
Jin Jianfu quickly told Herac the words of the executives in Marvel.
It turned out that when Marvel's boss Goodman made a offer, executives obviously had the idea of leaving the National United Publishing Company (DC Comics).
"What they are asking is that after United Mall acquires Marvel, they cannot limit their future development of comics, and they cannot lay off any staff. At the same time, United Mall must acquire publishing houses."
After listening to Kim Jane-bo’s words, Herak agreed: “Promise Goodman and Marvel executives.”
Jin Jianfu said somewhat disagree: "The $10 million proposed by Goodman is a bit high, and the price must be kept within $8 million to $9 million. Moreover, the request of Marvel executives can agree to everything except acquiring the publishing house, after all, the company's funds are somewhat short of funds."
"No need, just buy Marvel at the $10 million reported by Goodman, and Marvel executives agreed to them."
Herac waved his hand, letting Jin Jianfu agree to Goodman's offer without further ado. "The 1 million US dollars will be given to him as copyright fees!"
"laugh…"
Looking at Herac's charity look, Jin Jianfu covered his mouth and smiled.
Before Marvel could get out of his serious injury, in order to complete the acquisition as soon as possible, Herac certainly wouldn't mind giving it to Goodman $1 million as a copyright fee.
The comics map is one of the plans that Herac will build in the future and occupy an important position. Before Marvel can recover and reach another golden age of Marvel, it will be of great benefit to him to get it in advance.
Seeing that Herac had decided to spend $10 million to acquire Marvel, Jin Jianfu thought about the funding issue and said with some concern: "Where should the funds be issued?"
After communicating with the Secretary of Finance, she knew that the funds of United States Film Company could not be used for acquisition. Herak invested $20 million, and it cost $5 million to film "Guess Who Comes to Have Dinner" alone. In the past ten days, a small part of the publicity of "007: Thunderbolt Bomb" and "Mission Impossible" also cost $2 million.
Only $13 million is left to operate all the company's affairs. If it is done, it may really impact the United States Film Company.
Although the first season of the American TV series "Mission: Impossible" was introduced by NBC TV for US$6 million, according to industry rules, this batch of funds must be received in installments, and at least it will not be fully received until March 1966.
Therefore, before the financial annual statistics are released, it is impossible to know which funds can be used.
Jin Jianfu's concerns were naturally clear, and Herac gave her a word of confidence and said: "In five days, a sum of funds will be sent from Letu Holdings. At that time, the Minister of Finance will work with you to implement the plan to acquire publishers and Marvel."
Funding issues. Herak had already applied for $60 million from Sterlingford in early November. Sterlingford, who had already received dividends, heard that Herac needed to mobilize funds, so he naturally allowed him to transfer the funds to his account.
After hearing that the funding problem had been resolved, Jin Jianfu's worrying mood was relieved a lot.
"What does Lepoviz, the boss of National United Publishing Company (DC Comics) say?"
Marvel's matter was resolved, and Herac asked about DC Comics.
“Lepoviz rejected our two paths in the acquisition and merger.”
What Kim Jan-fu brought about was something that Herac thought was expected.
After the anti-comics movement, executives of the National United Publishing Company (DC Comics) changed the comic style and made the company survive the harmful era of comics with difficulty.
The emergence of the "Justice League" comics made the National Joint Publishing Company (DC Comics) a giant company in the comics industry. By the 1965 "Batman" adaptation of the American drama project, Lepovici was confident of refusing to be acquired and merged.
Herak smiled coldly. "It seems that Lepovici has been blinded by the grand development in front of him. I really think that the adaptation of the American drama "Batman" can make the National Joint Publishing Company (DC Comics) reach its peak."
Jin Jianfu looked at Herac in confusion. "Chairman, why do you say that? According to our team's estimates, the future development of the National Joint Publishing Company (DC Comics) is indeed good."
Herac shook his head and did not say in detail what he meant just now. When evaluating a company, Letu will use the company's past, present, and future and product development to count its values, and add risk assessment, a comprehensive form of estimates.
The only disadvantage is that the social trends are all accidental. Maybe when you evaluate this company as a, it is possible that the company will immediately go bankrupt within a few days, which is a difficult situation to control.
Seeing that Herac looked mysterious again, Jin Jianfu curled his lips. This was not the first time he had seen him show such a feeling of being in control.
He was obviously a minor, and he pretended to be mysterious. Jin Jianfu looked down on him fiercely.
The matter between Marvel and National Joint Publishing Company (DC Comics) has progressed, and Herac did not mention this matter, and said: "After solving the Marvel situation, you contact the founder of the Boston Patriots team, billy sullivan, and then say that Letu Holding Company talks to him about the team's home court."
"Mr. Sterlingford's business."
Jin Jianfu heard what Herac said and looked respectful with his eyes.
Seeing this, Herac rolled his eyes secretly. Everyone was his assistant, but his heart was still with Letu's holding company. He was not blind. He had known for a long time that Jin Jianfu was not very willing to be the captain of his assistant team at the beginning. It would take at least not long to make her look better.
Chapter completed!