Kyle himself and the executives of Golden Dawn Entertainment have certain preferences regarding what type of publishing house to acquire.
That is, the publishing house that is the target of acquisition can be small and may not publish many types of publications, but it must not be in chaos or have bloated staff. Otherwise, after the acquisition, it will definitely not be of much use without great effort and a long period of internal adjustments.
Looking at the American publishing industry, the competitive pressure is no less than that of the entertainment industry!
There are thousands of publishing houses of all sizes distributed across dozens of states in the continental United States. The small ones can only cover a town, while the large ones can distribute books throughout the United States, North America, and even the world.
Black Bee Queen Publishing House is the first target of Kyle's investigation!
"Boss, Black Bee Queen Publishing was founded in 1982. Although it's not very old, it's been showing impressive growth lately. We have strong partnerships with major publishers like Random House and Penguin, publishing over 1,000 books. We currently have 210 employees and an estimated market capitalisation of $32 million."
Although Alexander is a second-generation Russian immigrant, you cannot deny his professionalism.
In a short time, he introduced everything to Kyle like he knew them all.
"Okay, let's go and take a look." Kyle nodded.
As soon as Kyle agreed, Alexander, as the chief assistant, immediately assigned professionals to contact the Black Bee Queen Publishing House.
When the general wants to march, the soldiers go first.
This is a common rule of conduct throughout the world.
Otherwise, if every problem arises, the boss has to deal with it immediately. How can he be so cool?!
"What?"
"The Mr. Page you're talking about is the owner of Page Pictures, the young billionaire with a net worth of over $1 billion?!"
Mickey Wachs, the head of Black Bee Queen Publishing, was extremely delighted when he heard the news from the contact.
A man's reputation is like the shadow of a tree.
Kyle is no ordinary person nowadays!
Looking across the United States,
Among those under 30, Kyle was the richest. His achievements in building such a large empire in just two years attracted countless young people to follow him.
Because of this, Kyle was relieved and quietly expanded the security team around him to 8 people.
——Afraid of being ripped off!
In free America, there are gunfights every day. This is no joke!
As a wealthy American, if you don't have a strong, armed security team to protect you 24 hours a day, you will definitely not survive for long. Those thugs who have been poor for a long time and have evil intentions will definitely take risks!
"After completing this operation, I will either become rich or die!"
This is the belief of those thugs walking on the edge of a knife.
In the future, Facebook founder Mark Zuckerberg will have a security team of 18 people, all of whom are retired military professionals, and will spend more than 20 million US dollars each year on personal security.
Which of the famous wealthy people like Bill Gates, Bezos, Larry Ellison, etc. does not have a strong security team around them?
Kyle doesn't want to die young!
...
This day.
As scheduled, Kyle arrived at the Black Bee Queen Publishing House and was warmly welcomed by the employees of the publishing house. He also discussed the acquisition with Mickey Wachs.
"I am very grateful to Mr. Page for his optimism about the future development of our publishing house."
Mitch Wachs: "But Queen Bee Press is the fruit of my years of hard work, and I have no plans to sell it at this time."
Not planning to sell?
You are kidding me!
If he really didn't intend to sell it, he wouldn't have met with Kyle today.
It's all a fucking routine!
"Mr. Wachs, as far as I know, you are already 72 years old this year. To be frank, how many years do you think you can continue to work in your current physical condition?"
Kyle narrowed his eyes.
"I'm in good health and can eat a big steak for one meal." Wachs raised his head proudly.
Kyle shook his head and said, "But as far as I know, just last month, you were hospitalised for a week due to lung cancer."
Would Kyle come directly to your door without any preliminary investigation? Haha!
It's really fucking true that the old man is cunning and the horse is slippery.
"Mr. Wachs, let's not beat around the bush. If you say you don't plan to sell, I'll turn around and leave without saying a word. If you do want to sell the company, then let's have a serious discussion."
At this moment, Kyle chose to be frank.
How can a man who spends tens of billions of dollars every minute have time to talk nonsense with you?
"80 million!"
"Mr. Page, as long as you are willing to pay $80 million, my company will be yours."
After hearing what Wachs said, Kyle almost vomited out the meal he had eaten the previous night.
So greedy!
The estimated market value of this publishing house is $32 million, and you ask for $80 million. This is either an exorbitant price or you are trying to make fun of me!
Snort!
Goodbye!
....
The negotiations with Wachs naturally collapsed.
Even after several negotiations, his asking price was no less than $55 million, which was like treating Kyle as a fat sheep to be slaughtered.
In the following days, under Alexander's guidance, Kyle visited 12 publishing houses one after another.
The overall situation has both good and bad aspects.
The largest publishing house has more than 1,300 employees and a market value of up to 230 million US dollars. It is also a well-known presence in the United States.
However, the owner of the publishing house had no intention of selling it to Kyle.
"Little friend, haha."
"I'm telling you, I'm planning to sell the publishing house. That's right. I plan to retire on my farm back home in Texas and live out my days in peace. But I absolutely will not sell all my years of hard work to a young boy. Even if you offer me a lot of money, I won't sell it."
Since the old man said so, what else can Kyle do?
Of course, if Kyle insists on acquiring it, he can also start a third-party transaction.
In other words, a company is commissioned to acquire the publishing house, and then the publishing house is purchased from the company. Similar three-party transactions are common around the world.
"Little friend, if you're planning to start a third-party transaction, don't dream on!"
The old man continued, "I will specify in the contract that if the company is sold that you are absolutely not allowed to resell it within three years."
Oh shit!
What a cunning old man!
It has to be said that this is the first time that Kyle was rejected in the process of acquiring a company due to his age.
"Oh, an old guy with faith and aspirations is really worrying." Kyle sighed.