After the fashion show, Ivana, one of the spokespersons of Chanel, attended the celebration reception, which was undoubtedly very boring for Andy, and Ivana will not endorse Chanel in the future because her brand will be launched soon, and after the contract expires in the future. Pen, fun, and www.biquge.info

So, the two showed up at the reception, said hello to some acquaintances, and then chose to leave, during which Andy and Ivana chatted with the president of Chanel Asia and Zhou Gongzi.

Zhou Gongzi was very shocked by Andy's Mandarin and understanding of the culture of the rabbit country, and was also deeply impressed, which made her sigh for a long time with some of her friends after returning to China.

"Bang!"

"Shet!"

In the conference room, Andy slapped the table angrily and scolded angrily, and everyone bowed their heads and pretended not to hear the boss's swearing.

Andy calmed down his evil fire and raised the documents in his hand at Li Xiaoying, who was in charge of the acquisition of Newsweek and flew to Washington with Catherine to negotiate, "Emily, are you sure you're not mistaken?

"No problem, boss, it's just that this building is nearly 60 years old, and in 1998 the Washington Post Company mortgaged 315 million to the bank, except for 200 million left to Newsweek to expand its branches and buy some sub-publications, the rest was taken by the Post Group, and the loan is due next year. Li Xiaoying replied with a serious face.

"Damn, it's a skyscraper, sixty or seventy stories high, and it only took out a loan of more than 300 million points?" Andy was a little speechless about this.

"Ahem, boss, the value of these buildings was fine at the time, when the Chelsea Tower at 111 Eighth Avenue in Manhattan was only selling for $300 million... ”

Andy glanced at Alvittle, who was a little embarrassed, well, he was a little excited, although he remembered the stalk of the $1 acquisition of Newsweek in his previous life, and knew that things would not be so simple, but now it was on his head, and sure enough, one trouble after another appeared.

"So I've bought Newsweek and a 60-year-old skyscraper for 315 million plus $1,000," Andy said, looking down at the numbers on the papers in his hand.

"And the bank interest and the newspaper's loss... Li Xiaoying added.

Andy raised his head, glanced at her with resentful eyes, turned his head to Al and continued to ask, "What do you think?"

"At present, it seems that boss, if you take over the mess of Newsweek, you will definitely make many people look fools, but boss, don't forget, the Newsweek building is located in Manhattan, even if the real estate bubble bursts and housing prices plummet, the housing prices on the Upper East Side of New York will not change much, and maybe there will be a small rise against the market.

I really didn't like this newspaper before, but now I think that the boss needs to confirm this acquisition as soon as possible, and we don't have to dwell too much on the $100 million that the Post has drawn, because this building will definitely make you get a lot of returns!" Alvitatre flipped through the folder in his hand and began to explain his opinion.

"Basis!" Andy asked.

"After learning of this, the think tank collected data overnight and made these two charts... Al took out two charts and handed them to his assistant, and then someone quickly closed the curtains, turned off the lights, and turned on the slide projector.

"This is the Manhattan area office trend chart from 1997 to 2004, after 1997, the technology stock bubble represented by the NASDAQ pushed the boom of the capital market, the demand for office buildings by financial institutions increased significantly, and the price of office buildings peaked in 2001, and it was not until after 911 that it began to adjust sharply, and it bottomed out in 2004.

Then there is the sharp rise in U.S. real estate prices due to reasons such as the Federal Reserve's continued expansionary monetary policy, which everyone knows will happen in the coming period, but for now, office prices have reached their highest point, and I think when the crisis comes, it will fall, but everyone, the annual rent of office buildings has reached $69.58 per square foot, and the vacancy rate is less than 5.3%!

As the central urban area of New York, the world's largest city, Manhattan's office market has a higher maturity and stability than other markets in the United States, and even in the world, which is highlighted by the low vacancy rate and rapid recovery during fluctuations.

Boss, I can guarantee that even if the crisis breaks out, two years, at the latest three years, office rents in Manhattan will still be back to current prices.

Take the Chelsea Building mentioned just now, it sold for $300 million in '98, and the asset appraisal in 2004 was as high as $800 million, which is also a building with a history of several decades, and I believe that the value of the Newsweek Building will only be high, not low!"

Andy squinted slightly, looked at the data on the screen, waved his hand, and immediately someone turned off the machine, opened the curtains, and looked at Li Xiaoying, "Do you think the other party's conditions are acceptable?"

"If you don't pursue the $115 million, this acquisition is not a problem at all, and the Post Group is now in dire need of getting rid of this burden, and through contact, I found that the people in charge of the Post do not have much confidence in the future of the newspaper industry, and are more cautious about running the Post in a state of contraction. What I saw was a desolate old newspaper conglomerate. ”

In fact, Li Xiaoying still didn't have anything to say, she even felt that Catherine didn't like to run a newspaper publishing at all, and was more forced to take over for the sake of the family's business so that the power of the family industry would not be sidelined, and she could even guess that the final fate of the Post Group would undoubtedly change hands.

"In that case, in case anything unexpected happens, let's get ready, let's fly to Washington in the afternoon, and Al informs Jon Meacham, Tori, to call and charter a private jet... ”

Now that he has made a decision, he naturally can't drag the mud and water, Andy won't let the duck fly in his hand, and began to divide the work for everyone, the little assistant Torrey twisted his hips, picked up the meeting minutes, walked out of the conference room quickly, and called the airline.

After the meeting ended, Andy returned to his office and took out his phone to call Ivana.

"Hey, go home at noon and pack your bags, you need to fly to Washington with me, and then you will go home for specific things, you arrange your work, maybe you need to stay in Washington for a few days... ”

Hanging up the phone and sitting in the boss's chair, Andy played with the phone in his hand, thinking.

After the signing of the acquisition agreement, this is just the beginning, and it is understandable that Newsweek has been frenzied against the Washington government for decades, especially focusing on various issues in the White House, and has also become the target of Washington's key suppression.

But now that Andy Smith has taken over Newsweek, he will not let this situation continue, although he will not completely overturn and change the news philosophy of Newsweek, but he will not let it make the relationship with Washington so unbearable as before.

He needed to use the influence of his family and his grandfather to break the deadlock, and thinking of this, Andy picked up the landline on the table and started dialing.

"Good morning, grandpa, didn't bother you, did you?

Old Smith sat in his office in Congress, laughed and said, "You kid, you don't call me at all, just say, what's wrong?"

With a wave of his hand, he let all the assistants in his office leave, walked around the desk, and sat down in the comfortable boss chair.

On his face that was still smiling at first, he suddenly smiled and confirmed in surprise: "Andy, what you said is true? Well done, very good! It's a big surprise, it's good, let's say, what do you need grandpa me to do... ”

Hanging up the phone, the smile on the old Smith's face became even brighter, his grandson made him more and more pleased, happy, and his mood became extremely comfortable, to be honest, the news of Andy's acquisition of Newsweek was a big surprise for him, the party whip.

As an old political family, although it also controls some newspapers and TV stations, it is not their own family after all, and the Smith family has not had a talented junior in business for so long, except for lawyers, doctors are artists, not to mention the media industry.

Now Andy has not only achieved great success in business, but also has a huge influence and voice in the media and publishing industry, and it took a 22-year-old child less than a year to reach this level, which is rare in the world.

At another moment, Old Smith even wanted to break the tradition and put some family resources in Andy's hands, but the family creed of hundreds of years made him suppress this impulse, it was related to the inheritance of the family, this kind of thing was not up to him alone, he also had brothers.

"Don't worry, don't worry, look at it again, maybe your family has never wanted to sit in that position, you can also think about it... ”

Looking at the family photo from two years ago in the photo frame on the table, his son Auston and Andy with a gloomy expression on his face stopped on Auston's face.

After a long silence, Old Smith reached out and pressed on the answering machine, "Let David come in." ”

Soon, a middle-aged man who was about 1.8 meters tall and looked a little thin and a little depressed knocked on the door and walked in.

"Mr. Smith, are you looking for me?"

"Sit, David, how many years have you been my staff?" OLD SMITH LOOKED AT HIS EYE SOCKETS SLIGHTLY SUNKEN, AND A PAIR OF BIG EYES FLASHED WITH A BRIGHT LIGHT DAVID.

"It's been 8 years... David replied with a puzzled face.

"It's been 8 years, hehe, David, have you ever thought about changing jobs... ”

David looked at his old Smith with a smile and a little stunned as he lit his cigar.