Chapter 131 Exchange of shares?

"Look at the fish I caught. Is it big?"

"This is a black sea bass. It tastes good. It looks like a good addition to the evening meal."

Seeing Chris's excited expression, Jenny said with a smile.

In their Long Island manor, there is a small dock where you can directly drive a yacht out to sea.

John Smith's family yacht was already considered a medium-sized yacht and very spacious, so in the afternoon, they took Barron and the three of them out to sea for fishing.

Comparatively speaking, the climate here on Long Island is much milder than that in London, but in November, it is impossible to wear a swimsuit...

Generally speaking, fishing is also a sport that is very popular among nobles - sea fishing is also called sea golf. In England, sea fishing has a history of hundreds of years and is listed as one of the four noble sports along with golf, equestrian and tennis. favored.

Of course, this is understandable, because no matter what era, a boat that can sail offshore is expensive, and it is difficult for ordinary people to maintain such a hobby.

The people on the boat now all have experience in sea fishing - even Barron, because he has been "busy with his livelihood" since coming to this time and space, and does not have much leisure time like many nobles, but in In his previous life, he also participated in several sea fishing trips.

However, the one with the most skillful sea fishing skills here is John Smith. It is said that his biggest hobby is sea fishing - Jenny Butt is quite critical of this. In the waters near Long Island, where are the most fish schools? , he knew exactly where most of the various fish species were located.

"What's wrong, honey, you look a little uncomfortable?"

"Fortunately, I don't know if it's due to seasickness. I feel a little dizzy and nauseous..."

As she spoke, Bonnie made a sound of "vomit" and covered her mouth.

Her performance also attracted the attention of Jenny Boot:

"Bonnie, if you feel uncomfortable, go to the cabin's bedroom to rest for a while. We will go back soon and I will ask the doctor to come and take a look."

"I just feel a little seasick..."

Despite saying this, Barron still insisted on taking her back to the cabin.

By now, their harvest was quite abundant, so after Bonnie felt a little uncomfortable, they took the boat and started the return journey.

After returning to the manor, Jenny had already found their personal doctor and took a look at Bonnie - after she returned to the manor, she went into the bedroom to rest.

It turned out that the problem was not serious. According to the doctor, she had some dizziness and nausea, accompanied by diarrhea. It was most likely that she had mild gastroenteritis, and she would be cured quickly after taking some medicine.

In this way, Barron also understood a little bit. According to Huaxia, Bonnie is a bit "acclimated". It is her first time to come to the United States. For some people with more sensitive constitutions, climate, food and environmental factors will affect It affects the bacteria in the body, causing this situation.

Since this was the case, he felt relieved and took care of Bonnie and let her lie down and have a good rest after taking the medicine.

"How's it going? Do you need to go to the hospital for a checkup?"

After seeing Bonnie close her eyes and prepare to rest, Barron and Chris walked out of her bedroom and met Jenny Butt head-on. She asked with concern.

"It's not a big problem, it's just that she's still not used to the living habits here in the United States. She can just take a day off and she'll be fine."

"Hey, poor Bonnie, I originally wanted to ask you to go to Avalon Hollywood in Los Angeles tonight. It was a nightclub that just opened this year. I went there once and it was very good."

This is the life of wealthy Americans. When I think about it, I can just take my own private jet and fly from the east coast to the west coast just to go to a nightclub.

But because of Bonnie, this plan can only be postponed.

After all, we can't just leave her here and go to Los Angeles to have a high.

"Mrs. Boot, and Miss Jenny, you can go first, I'll just stay with Bonnie."

Seeing the look of pity flashing in Chris's eyes, Barron spoke up.

"Forget it, we will still be here for a few days, there is always a chance."

…

"In fact, Your Highness the Duke, I have an idea, that is, let Sinclair Group reach a closer cooperation with your Standard Entertainment Group, so that we can fully support your broadcast content in the TV channel business, Sinclair The group has extremely rich experience in operating television stations and can become the most ideal partner of SEM Group."

In the garden at night, it was a little chilly. Barron, wearing a windbreaker, visited here under the guidance of John Smith.

It can be clearly seen that everything in this manor has been carefully designed and maintained, and it does not pale in comparison to the back garden of Chatsworth.

When the two talked about SDTV's cooperation with Sinclair Group, John Smith took the initiative to propose his new idea.

"what do you mean?"

"If possible, Sinclair Group can invest in SEM Group. Of course, if it is a share exchange, we are also willing to issue additional shares in exchange for SEM Group shares..."

John Smith's words made Barron think.

First of all, SEM Group includes Summit Media and Independent Newspapers. Based on their current situation, I am afraid that the valuation given by Sinclair Group will not be too high.

As for the Sinclair Group, although they currently operate a large number of TV stations, when it comes to the market value of the group, just investment will not bring much high returns.

The current total market value of the Sinclair Group is around US$2 billion, and ten years later, when its market value is relatively high, it will only be US$2.5 billion - even if they later acquire many local TV stations for US$10 billion, the total market value will still be only US$2.5 billion. Most of the funds are obtained through financing, and the liabilities themselves are extremely high.

Barron believes that he can turn SEM Group into one of the giants in the British media industry. However, from the perspective of Sinclair Group, SEM Group at this time is still very immature. I am afraid that they are more of a "venture capital investment company". Make this investment from the perspective of ".

In this way, the other party's proposal can be said to have advantages and disadvantages for Barron.

The advantage is that SEM Group can get more resource support from Sinclair Group, which will help them develop SDTV as soon as possible.

But the disadvantages are equally obvious. In this investment, Sinclair Group will gain great benefits. If it exchanges shares with it, Barron's will definitely not gain much in terms of finance. The only thing is to increase its investment. The influence of Sinclair Group requires that he holds more than 5% of the other party's shares to have any influence.

"I need to remind you that our SEM Group holds 60% of the shares in Digital UK, and according to the agreement, it needs to invest no less than 300 million pounds in five years to promote terrestrial digital television..."

Hearing Barron's words, John Smith looked quite surprised:

"How will SEM Group come up with these funds? Get a loan from a bank?"

"So this requires additional capital injection from me, because according to SEM Group's revenue, it is still difficult to come up with this money on its own."

The implication of Barron's words is obvious, that is, if Sinclair Group wants to invest in SEM Group and become its shareholder, then they will also be responsible for investing the 300 million pounds in Digital UK...