Chapter 1184: Strategic Adjustment
Scott Swift has always been a breezy look.
It can't be helped, it has to be low-key.
If you want to fight Michael Eisner, you must not reveal that he is behind Don. This is tantamount to giving the other party the truth.
Don and Disney are hostile after all.
Once the relationship is exposed, it is impossible for him to gain the approval of the majority of shareholders at the shareholders' meeting. After all, he only holds 6.7% of Disney's shares, which is 6.7% of the voting rights. If more shareholders can't be brought in, this vote weight will not shake Michael Eisner at all.
It wasn't until Roy Disney was mentioned that Michael Eisner really felt the thorniness of the problem.
Scott Swift is Disney's largest shareholder.
Roy Disney, the representative of the Disney family, is the most influential bigwig in the shareholders' meeting.
The combination of these two people may really set off stormy waves!
Michael Eisner didn't dare to take it lightly anymore, he realized the seriousness of the situation, and asked for advice very humbly: "Yes, it was Roy who brought me to Disney back then, and it has been more than 20 years since I thought about it." It's a pity that he has now stepped down from the Disney board. ”
After speaking, he had an expression of emotion and embarrassment.
It's as if Roy Disney was "kicked out" of the board of directors and has nothing to do with him.
Scott Swift was unmoved, and said lightly: "He said a lot to me, he said that in recent years, Disney's brain drain has been very serious, and it is due to your arrogance and lack of responsibility. Of course, I don't necessarily agree with that, but that's exactly what Roy said. ”
He ignored Michael Eisner's pig-liver color, and continued to bury his head in his own thoughts: "When the company is prosperous, the glory belongs to you, and when the company is unlucky, the responsibility will be shifted to the subordinates." He even pointed out that Hollywood is an industry where top managers want to be 'stars'. But Disney has only one star position, and that is you, the CEO. This is hegemony. ”
Michael Eisner took a deep breath and said within, "I think Roy should have some misunderstanding about me. ”
Peter Murphy also hurriedly said: "That's true. Scott, you can be patient and observe for a while, and if you know him long enough, you will definitely be impressed by his charisma, and he will be the obvious choice for Disney CEO. ”
"Really?" Scott Swift asked rhetorically, shaking his head slightly, "Is Roy's word true or false...... It's debatable, but it's true that Disney's board of directors has a huge problem. At present, half of Disney's 16 directors are current and former directors of Disney, and some are in business with Disney. In some form, these people do not play a supervisory role, but only symbolic decorations. Why doesn't any person or institution hold more than 5% of Disney's stock at present? Why did Warren Buffett liquidate his stock early? I'm afraid that's the reason. ”
Michael Eisner said in a deep voice, "What do you want?"
Minority shareholders can't effectively check his power, but Scott Swift, who holds 6.7% of the shares, is different, and he has the ability to do it.
As long as you reach an agreement with Roy Disney, you can raise your voice at the shareholder meeting and gather about 40% of the voting rights.
Then half of Disney's 16 directors will be replaced!
Michael Eisner's power will be severely curtailed, and he will even be removed from the chairmanship.
Scott Swift said solemnly: "Disney can no longer sit still, we must come up with a coping strategy to pull up the stock price!
Michael Eisner said in a bad tone: "Disney is not having a lot of cash flow at the moment, and it is unrealistic to want to buy back shares. ”
In his opinion, Scott Swift is a financial expert.
The usual method of this kind of Wall Street-born capital master to pull up stocks is to buy back in large quantities.
"Repurchase? No, I've never thought of it that way. Scott Swift immediately vetoed.
"And who are?"
"Strategic adjustments, of course!"
Scott Swift said without hesitation.
"No way!"
Michael Eisner and Peter Murphy were both terrified and blurted out in unison.
Strategic adjustment?
That's the responsibility of the board!
Although you are a major shareholder, you do not have this right!
Scott Swift naturally understood what they meant, and said lightly: "I am the majority shareholder of Disney, and only I can best represent the interests of Disney." I am confident that I will be greatly supported by the shareholders at the shareholders' meeting, including Mr. Roy Disney. ”
"You're going to ruin Disney!"
Peter Murphy felt a hint of fear, and this was from his heart.
He even felt a bit of Wall Street's corporate sniper flavor from Scott Swift.
This group of people is completely amateur, but they can always use financial means to quickly raise the stock price in a short period of time, and then cash out, leaving a mess for the company.
Michael Eisner's heart is also full of worry, which is even more terrible than his loss of Disney's power, he is really worried that Disney will be ruined at the hands of this kind of Wall Street jackal.
Next, I heard Scott Swift say unashamedly: "I have three ways to quickly pull up Disney's stock price." First, the merger of Disney and ABC Group was a mistake. Second, sell loss-making businesses such as music and publishing, and lay off employees accordingly, and third, ease the relationship with New Universal, especially to retain the hit reality show "American Idol"!"
Michael Eisner and Peter Murphy turned pale.
The first two are completely the tricks of drawing wages from the bottom of the kettle and drinking to quench your thirst, which is the standard Wall Street game!
The third is even more unlikely.
The current Big Five Alliance has turned its face with the New Universal, and Disney dares to come to the door to sue for peace at this time, isn't this a break with the Big Five Alliance?
……
"My dad said he was going to have dinner with me. ”
As soon as school was out in the afternoon, little Taylor rushed to Donn's office, looking very nervous.
Tang En beckoned to her and said with a smile: "It's a good thing, you don't have many opportunities to be together." ”
"But......" little Taylor looked like he wanted to say something.
"What's wrong?"
He said...... He said he wanted to talk to me about life. Little Taylor's face was slightly red, and he was a little embarrassed.
Tang En was also slightly stunned, a little stunned, "Life problems?"
Little Taylor squeezed next to Don and sat down, threw the bag on the desk casually, and said with a bitter face: "He knows it, I've moved out now, and my mother accidentally said that she leaked her mouth." ”
Tang En was speechless.
"What should I do?" little Taylor was very anxious.
"Tell me the truth!" Donn was a little helpless, "what else can I do?"
"Huh?" said little Taylor, his mouth wide in surprise.
Don waved his hand and sighed, "Scott is such a smart man, I'm afraid he would have guessed something a long time ago." But it doesn't matter, we are inseparable partners, he will understand me and he will understand you. ”
Scott Swift currently leads the Swift Fund, which is worth more than $50 billion.
Among them, Don Capital holds 80% of the shares, and Scott holds 20% of the shares.
In other words, Scott Swift is already a billionaire!
To this level of Monopoly, the level is higher...... Just take life lightly. Except for a few people, most of the rich people of this level have already looked down on family, friendship and love, and pay more attention to interests.
And Don is the fundamental guarantee of his personal interests.
。