Carl Icahn's body shook, what does Zhang Chen mean by this?

Although Marvel's stock price has fallen a lot from its heyday, as an insider, he knows very well that Marvel has no possibility of revival in the short term. Moreover, due to all kinds of disputes, there is a high possibility that Marvel will go bankrupt, and if Marvel is liquidated, its stock and waste paper will not be much different.

If Zhang Chen is just fighting with himself, there is no need to buy the shares in his hands at all, he only needs to unite with Avi Arad to squeeze himself out of the board of directors, and then he will lose the opportunity to affect the spin-off of Marvel, and he will naturally liquidate Marvel's shares.

What is Zhang Chen's purpose?

Carl Icahn was momentarily uncertain, and regretted the verbal offer he had just made.

"Mr. Icahn, I have agreed to your verbal offer, and after the meeting, we can reach a formal agreement. Zhang Chen glanced at Karl Icahn and smiled happily.

Carl Icahn bit his thumb and suddenly laughed: "I was testing your sincerity just now, and now it seems that Cowyce is indeed sincere in saving Marvel, why don't we come and listen, what is your specific plan?"

Zhang Chen stared at Carl Icahn for a while, and a smile gradually appeared on his face: "Mr. Icahn, do you want to go back on the verbal offer you just made?"

Cal Icahn suddenly felt a chill on his body, and just wanted to say something, but saw Zhang Chen whispering a few words to a middle-aged man next to him who also looked Chinese, the middle-aged man nodded and said: "Mr. Cal Icahn, I am Mr. Zhang's personal lawyer Chen Xiaomin, and I am qualified to practice law in New York State. You have just made a valid offer to my employer, and my employer agreed to it in person and immediately. Pursuant to Article 24 of the New York State Restatement of the Law of Contracts and the jurisprudence of Owen v. Tournison and Lefkowitz v. Greater Minneapolis Surplus Stores, your verbal offer is a valid offer to transact immediately. My employer has responded immediately to your offer request, in which case your employer's consent is required to withdraw the offer request, otherwise it will constitute a breach of contract and my employer reserves the right to sue in relation to the offer. ”

Carl Icahn opened his mouth and stammered, it was really a lifetime of being pecked by geese, and his unintentional mistake, but he didn't expect to be grabbed by Zhang Chen and put on the line.

Wall Street capitalists deal with only two things at length – money and the law.

Of course, in many cases, this is the same thing.

As the king of hostile takeovers, Carl Icahn has a lot of legal proceedings on weekdays, and Zhang Chen's threat is not taken into account at all, even if Zhang Chen sues, the litigation process will be protracted, and there will be no results at all without three, four, five, six, seven or eight years.

Carl Icahn laughed, "If you want to sue, sue." ”

Chen Xiaomin helped his glasses, a cold light flashed on his glasses, and he said slowly: "Due to the unclear rights, according to Article 29, Section 8 of the New York State Commercial Corporation Law and the precedent of Salomon v. Salomon Ltd., the Cowyce Foundation will apply to the court for a restraining order to freeze and restrict part of the rights of this part of the shares, including but not limited to trading rights, voting rights, the right to request for the revocation of invalid resolutions, and the right to request for the distribution of residual property. ”

Carl Icahn's face changed dramatically, and he almost slapped himself in the face.

Too careless!

How could he be so careless? How could he be deceived by such a small trick?

This kid's plan in the first place was to send him out!

The small shareholders in the audience watched coldly and whispered, and the muscles on Carl Icahn's face twitched a few times: "What exactly do you claim about Marvel? If it's just a few incendiary slogans, Marvel shareholders are already tired of hearing them, and we need something more practical." ”

Legal issues will naturally be dealt with by a lawyer, Carl Icahn decided not to be on the scene and continued to entangle this topic with Zhang Chen, he didn't bring a lawyer today, the more he talked, the easier it was to be caught by the other party.

In the final analysis, it was Zhang Chen who caught him off guard, he didn't know that Zhang Chen would appear here and take over Perelman's shares, so naturally he didn't make corresponding preparations.

But the spin-off plan is what he has been planning for a long time, and has won the support of many shareholders, and now Zhang Chen has put forward other ideas, due to the lack of mass base, the possibility of gaining recognition is extremely low, and he only needs to grasp this point, at least today, he can still be invincible.

Zhang Chen saw that the small shareholders in the audience all showed a look of approval on their faces, and said unhurriedly: "For the future of Marvel, we first need to clarify one thing - what is the real core competitiveness of Marvel. ”

"IP, only IP is Marvel's core competitiveness. Zhang Chen changed his relaxation just now, and said with a serious face.

"The so-called IP is intellectual property, and in layman's terms, it is a large number of comic characters created by Marvel in the past few decades. Whether it's Spider-Man, Hulk, or X-Men, Fantastic Four, or even a large number of villain heroes, such as Kim, Green Goblin, Thanos, and Magneto, these characters have accompanied the growth of three generations of Americans and are part of American cultural symbols. ”

"I don't need much to say about the popularity of these comic characters, and the challenge now is how do we monetize them. Zhang Chen paused, "In the past, we have tried Hasbro's routine, working with toy companies to launch dolls, hoping to get some revenue from the toy market, which is indeed a good idea, but please note that the toy market is too small in terms of total market volume and target customer group, although our toy business is not bad, it only accounts for less than 10% of the turnover, which does not help us to increase profits." ”

"We also learned from DC and cooperated with Fox to launch some superhero TV series, although the ratings are okay, but most of the advertising revenue has been collected by Fox. ”

"In addition to toys and TVs, in which direction can Marvel get a breakthrough?" Zhang Chen looked around at the shareholders in the audience.

"Movies, only movies. Zhang Chen said with a firm gaze.

There was a commotion among the shareholders in the audience, and it was not easy to shoot a superhero movie.

As we all know, there are few ordinary people in superheroes, and the world they live in is more similar to a fantasy or science fiction world, and the production cost, especially the cost of special effects, is far higher than that of ordinary movies.

DC filmed the Superman movie many years ago, and although it was a high box office, it didn't make much money because the production cost was too high.

"Don't talk nonsense here, the Titanic is about to make Fox lose his pants, do you want Marvel to lose everything?"

Titanic has just been released in the United States for a week, and the first week of the movie, which Fox has high hopes for, did not perform well in the first week, only about $23 million. In Hollywood, production companies take 90 percent of the box office in the first week, and the percentage of the box office in the next few weeks begins to decrease, and Fox is almost crying.

"This gentleman, you may not have read the reports in the past few days, with the arrival of Christmas, there is a situation where theaters everywhere are hard to find, and this week's Titanic's film scheduling rate is even as high as more than 80%. I can predict that Titanic will be one of the most profitable films in the history of cinema. Zhang Chen looked determined, "The spring of the film industry, especially the spring of special effects films, is coming." ”

Make up for yesterday's one

(End of chapter)