Chapter 394: Don't Fight
Because of the restriction of the right of first refusal, although Robert Shea's shares are coveted by all parties, no company has resorted to malicious bidding to snatch it.
After all, this stake is only 25%, and Eric has an absolute controlling stake in Firefly, whether it is the seven major film companies or the three major TV stations, the purpose of wanting to obtain this stake is to cooperate with Eric.
If the method of malicious bidding is adopted, it will undoubtedly offend Eric to death, so even if Eric has to give up the right of first refusal because Eric cannot quote a price that matches the malicious bidder, the company that gets the shares will be strongly resisted by Eric, and then it will be difficult to achieve the purpose of acquiring the shares.
Therefore, the parties who have intentions for the shares in the hands of Robert Shay are more approached by Eric, and only when Eric relieves his mouth will they make efforts to buy. Of course, from beginning to end, Eric didn't say anything about letting go.
Elizabeth, who suddenly visited the Sharp Corner Manor, had a conversation with Eric, but she never got the man's relent, and because of Connery's presence, the girl did not make a light bulb, and after chatting for a while, she got up and left.
Eric sent Elizabeth out of the villa and walked on the road of the manor, Elizabeth looked at the lush bushes around her with her hands behind her back, and suddenly thought of another thing, and said: "The script of "Cut Throat Island" that Robert took from you, now everyone is grabbing it, and Fox also wants to fight, you won't object to this matter, right?"
Faced with this question, Eric hesitated for a moment, then suddenly stopped. Elizabeth, who felt a little strange, also stopped: "Don't be so stingy. Anyway, this thing ......."
Eric looked around. He made eye contact with the girl and spat out two words briefly: "Don't argue." ”
Elizabeth opened her mouth slightly to look at Eric, although she was a little arrogant, she was also a smart woman, and quickly realized something from Eric's expression: "You did it on purpose?"
Eric nodded slightly, and continued to walk towards the tarmac: "You just know for yelves, don't reveal it, I can't spare you if it ruins my affairs." ”
Elizabeth glared at Eric. Why should it be relied on her, but the girl didn't talk back to Eric this time, she knew the seriousness of the matter, nodded her head to show understanding, and then asked curiously: "Then what's going on with this script?"
Eric said lightly, "Don't ask about this. ”
Elizabeth snorted dissatisfiedly, and the two walked into the tarmac, and the girl said to Eric, "I'm leaving, you can continue to paint your naked girl." ”
"Why is it so nasty that you say a good thing? Practicing sketching is a very calming thing, you see you are too impetuous, you should try it. ”
Elizabeth looked incredulous and said, "You are facing such a beautiful girl. Can you calm down?"
"That's just the way it is, there are obviously pleasing models. I can't paint a plaster cast, can I?"
"You've got so many crookednesses that I won't argue with you," Elizabeth said, and when she saw the pilot waving at her that she was ready to get on the plane, the girl leaned over and stood on tiptoe and pecked Eric in the face, "Goodbye, I'm going back." ”
"Let's go, say hello to Mr. Murdoch for me. ”
……
Eric did not personally participate in the negotiations to buy back Robert Shay's shares, because his presence would not bring much benefit to the negotiations, but would likely provoke resentment in Robert's heart and hinder the negotiations.
Jeffrey was in charge of the negotiations on the Firefly's side, and Eric enlisted the team of his personal lawyer, Edward Lewis. Eric plans to set up a Firefly's own legal department in the future, and sends an invitation to Edward Lewis, who has been working happily together, just like Caroline Elliot joined Firefly's finance department, Edward Lewis agreed without thinking too long.
As Eric expected, Robert Shea did not have much cash in his hands, and was unwilling to give up all the investment rights in "Cut Throat Island", the desire for funds in a certain way to promote the negotiation process between the two sides, after three weeks of intense negotiations, on the day before Christmas on December 24, the two sides finally reached an agreement, Firefly to buy back Robert Shea's 25% of the Firefly shares at a price of 390 million US dollars, at the same time, Firefly will also pay Robert Shea a shareholder dividend for a year, With a total of $60 million in CEO compensation and $450 million, Eric finally got rid of Robert Shea completely.
The dust settled on this deal and it also caused a lot of repercussions in Hollywood.
Columbia and Universal Pictures were able to sell for a high price of five or six billion dollars mainly because the other party was a public company, and the Japanese paid a high premium to facilitate the deal, and Columbia Pictures, for example, before Sony announced the acquisition, Columbia's market value was only more than two billion. And now that Firefly has not yet been listed, through this transaction, Firefly's valuation has exceeded the height of $1.5 billion, so if Firefly has maintained its current performance, it is likely to surpass any Hollywood giant that has merged with Times Group after listing.
The deal was struck on the third day of the release of Eric's Catherine Bigelow's "Breaking Point."
"Shocking Point" came out at the box office in its first weekend, earning more than $16 million in its first three days in more than 1,800 theaters, and for Kathryn Bigelow, the average of nearly $9,000 per game in the first three days of the first weekend is definitely very good. In Hollywood, the box office averaged $10,000 per game in the first week, which means that the director has stepped into the ranks of first-line directors, and after the next four days of release, "Shocking Point" will definitely break the figure of $10,000 per game in the first week.
However, compared to Eric's previous films, this achievement is definitely a failure, not to mention the works he directed, even "Island Cry", which is also produced by Eric, last year in early November, the relatively unpopular schedule, the opening weekend box office exceeded $20 million.
As a result, many media outlets blamed the failure of "Shocking Point" on Eric's impulsive dismissal of Robert Shea, and Robert Shea publicly sneered at Eric again after the box office of "Shocking Point" was released on the first weekend, threatening that this would be just the beginning of Eric's failure. (To be continued......)