I’m in Hollywood
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 intend to transfer that stake?
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, 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%, 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 is difficult for the board to agree to it in a short 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 labels agree, and you too will miss this opportunity forever.
Aren't you afraid that EMI will lead to other digital music player camps?
It will only be yourselves to lose.
...
...
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 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. Counting this $1.6 billion, your debt ratio is It’s 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 am willing to agree, it is difficult for the board to agree to it in a short 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 labels agree, and you too will miss this opportunity forever.
Aren't you afraid that EMI will lead to other digital music player camps?
It will only be yourselves to lose.
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 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, 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%, 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 is difficult for the board to agree to it in a short 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 labels agree, and you too will miss this opportunity forever.
Aren't you afraid that EMI will lead to other digital music player camps?
It will only be yourselves to lose.
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 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, 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%, 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 is difficult for the board to agree to it in a short 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 labels agree, and you too will miss this opportunity forever.
Aren't you afraid that EMI will lead to other digital music player camps?
It will only be yourselves to lose.
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 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, 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%, 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 is difficult for the board to agree to it in a short 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 labels agree, and you too will miss this opportunity forever.
Aren't you afraid that EMI will lead to other digital music player camps?
It will only be yourselves to lose.
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 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, 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%, 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 is difficult for the board to agree to it in a short 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 labels agree, and you too will miss this opportunity forever.
Aren't you afraid that EMI will lead to other digital music player camps?
It will only be yourselves to lose.
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 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, 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%, 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 is difficult for the board to agree to it in a short 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 labels agree, and you too will miss this opportunity forever.
Aren't you afraid that EMI will lead to other digital music player camps?
It will only be yourselves to lose.
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 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, 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%, 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 is difficult for the board to agree to it in a short 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 labels agree, and you too will miss this opportunity forever.
Aren't you afraid that EMI will lead to other digital music player camps?
It will only be yourselves to lose.
Aren't you afraid that EMI will lead to other digital music player camps?
The only thing you will lose in that way is yourself. Mobile phone users, please browse and read for a better reading experience.
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