417 Fifth Avenue, Manhattan, New York.

"The absence of the chairman of the board of directors at the shareholders' meeting is simply unthinkable. If the least responsible chairman is chosen on the planet, Perelman will definitely be elected. Oh, I forgot, he's just the interim chairman. Maybe he wants to remove the word 'temporary' in front of him, but I'm afraid he will remove the word chairman in the back today. ”

"Spider-Man, Iron Man, Ant-Man。。。。。。 Presumably Perelman thinks that he has a man after his name and a man after the chairman, so he thinks that he is also a superhero, hahaha. ”

"It's time for us to join forces and remove Perelman as interim chairman of the board, which is already on the verge of collapse under his stewardship, but this is not the end of the day, and with the restructuring and spin-off plan I submitted, Marvel will be given a new lease of life. ”

Carl Icahn, with a silver beard, gave an impassioned speech in front of dozens of Marvel shareholder representatives in the 100-person conference hall at Marvel headquarters.

The battle for control of Marvel has been going on for more than a year, and neither Perelman nor Karl Icahn really wants to really get the company back on track. Whether it's Carl Icahn's spin-off plan or Perelman's restructuring plan, it's all about sucking the last drop of blood out of Marvel's corpse.

In this regard, the shareholder representatives present are also well aware.

Most small and medium-sized shareholders don't really care about how the company is doing, as long as they can pay dividends on time and the stock price continues to rise, they don't bother to care who is the chairman of the board of directors and who is the CEO.

If the company's operation is unfavorable, the stock price continues to fall, and they fail to leave the market, then the biggest appeal is obviously to get out of the package as soon as possible and minimize losses.

Compared to Perelman's restructuring plan, it is clear that Karl Icahn's spin-off plan is more attractive to them.

As a result, as soon as Cal Icahn finished speaking, there was a round of applause in the conference hall.

"After splitting according to your plan, Marvel will completely lose the adaptation rights of all popular comic book characters, which will ruin all the future of Marvel!" A member of the Marvel board of directors on the stage couldn't help but pick up the microphone and question.

Cal Icahn put on an idiot look: "Mr. Aviarad, you still think Marvel has a future? The legal battles and debts that Marvel is facing now are enough for Marvel to go bankrupt a hundred times. As board members, our only task now is to minimize shareholder losses and avoid Marvel going bankrupt. Whether it's DC or Fox, as long as we're willing to pay for it, we'll sell it. ”

As soon as Carl Icahn said this, there was an uproar in the venue, and seven or eight shareholders in a small area of the area angrily shouted slogans such as "Judas!" and "Get out of Marvel!"

Carl Icahn knew that these people were a committee formed by Marvel supporters, and although they didn't have a lot of shares, they had a lot of influence.

This is the case in many American companies, where there are all sorts of inexplicable bodies that dictate to boards of directors and executive committees, in addition to unions.

This Marvel enthusiast committee is such an organization, whose members are all minority shareholders who hold Marvel stock, often cause trouble for the board of directors and management, make protests at every turn, and even send threatening mailers with bullets to the editorial office.

But Carl Icahn didn't care about that, especially at this time, when these beam-jumping clowns couldn't make any waves.

"I think everybody can vote. Kar Ikan ignored the opposition and raised his voice. Taking advantage of his illness to kill him, Perelman, an idiot, did not come to the extraordinary shareholders' meeting today, and did not send a proxy to attend, which is simply a godsend.

Could it be that Perelman had been in a car accident? Cal Icahn gloated, otherwise how could he not attend such an important meeting?

Avi Arad and several members of the board of directors and executive committee around him glanced at each other, no matter what disputes everyone had on weekdays, now everyone had a little helplessness in their eyes.

Avi Arad is a man who genuinely loves comics, he is an Israeli Jew who has been translating Superman and Spider-Man into Hebrew since the early seventies. After his military service, he went to work at Marvel, and later went to Toybiz, an affiliate of Marvel, to be responsible for Marvel toy development. For more than 20 years, he has become an important member of Marvel's board of directors and executive committee step by step from a small staff member, and has made outstanding contributions to the development of this company, obtaining 10% of Marvel's shares, and is full of affection for this company. Seeing the company he loved all his life being watched by a group of vultures as a dying walking corpse, my heart was filled with sadness.

"The meeting is adjourned for the time being. "Avi Arad knocked on the gavel, of course he can't just let Karl Icahn oust Perelman from power, although Perelman is not a good bird, but at least he can contain Karl Ikan.

"Avi, I don't think there's any need to adjourn the meeting. Carl Icahn's eyes were blazing, "Marvel's affairs have dragged on for more than a year, and we have only taken the first step to let Perelman step down today, and there are more complex legal and equity issues to deal with later, and shareholders have already paid a lot of time for this, and we can't let this situation continue." ”

"Yes, I also see no need to adjourn the meeting. A loud voice rang out at the door of the conference hall, and everyone turned their heads to see Perelman's familiar Mediterranean head in view.

Perelman's face was full of joy, and Carl Icahn blinked, not understanding what the corporate sniper with his own name was happy about.

"Ronald, if you don't want to be the interim chairman of this board, you can not do it, I believe there will be many people who will do it better than you. However, even if you are late, you can still participate in the vote, and I have just initiated a proposal for impeachment against you. Karl Ikan sat down in his chair and said loudly.

Perelman had a smile on his face and walked quickly to the stage, but instead of sitting down, he picked up the microphone: "Guys, I have a few important things to announce. ”

"First, with immediate effect, I am stepping down from my position as interim chair of the Marvel Board of Directors and stepping down from the Board of Directors. ”

There was an uproar in the audience, what happened? Perelman voluntarily withdrew from the board? Karl Icahn won?

Carl Icahn's cigars fell to the ground in surprise, and he was shocked by Perelman's actions, and after Perelman appeared, he had been speculating about the other party's intentions, but he never expected the other party to quit the board.

What kind of medicine is sold in this bald gourd?

Perelman's face did not change, and his face still had that happy smile: "Second, this morning, McTAndrews and Forbes Holdings transferred all 32.85% of their Marvel shares to the Cowyce Fund, and the latter will inherit the seats and all rights of McTAndrews and Forbes Holdings in the Marvel Board of Directors. ”

Cowyce Fund?

The uproar of the crowd was even worse, Cowyce Fund? What kind of company is this? Haven't you heard of it?

"Third, before leaving, I will make one final proposal – to nominate Zack Chang, founder of Tinder Capital, CEO of Matrix Computers, and partner of Cowyce Funds, as chairman of Marvel's board of directors. I had a very pleasant morning with Zack, an amazing young man who is confident that under his leadership, Marvel will soon have a day of recovery, stronger than before, and more rewarding shareholders. ”

Perelman had a flower on his face.

Cal Icahn's eyes widened, what?

"I'm against it!" Cal Ikan immediately made a decision, and at this time it didn't make sense to think about why Zhang Chen was here, the point was that the cooked duck couldn't fly.

"According to the articles of association, the change of the chairman of the board of directors is subject to a vote of the board of directors and the consent of a majority of shareholders. Cal Icahn stood up and said solemnly, "If you are sure to resign, I will run for the chairmanship of the board!"

"Of course, Mr. Icahn, this is your right, most of the shareholder representatives are present today, and they can make valid votes, so please give your campaign speech. Carl Icahn turned his head, and a young Asian with short black hair stood outside the conference hall with his arms folded, a relaxed smile on his face.

“Zack！”

(End of chapter)