Chapter 632 has already seen through everything
The bald man was none other than one of America's most notorious corporate snipers of the 80s, Ron Perelman.
The Wall Street wolf quickly amassed a fortune of more than a billion dollars in the 80s' acquisition spree, most famously the hostile takeover of Revlon Cosmetics for $150 million, which resulted in lawsuits for almost every acquisition.
However, since 1990, when Dechong Securities, which is known for issuing junk bonds, was forcibly liquidated by the federal government due to a large number of debt defaults, Ron Perelman, who has a close relationship with Dechong Securities, has also begun to relent, but only superficially, as a Wall Street wolf waiting for an opportunity to catch prey, its opportunistic nature is absolutely impossible to change.
Recently, Ron Perelman was keenly aware of another opportunity, so he quickly bought $400 million in long-term bonds of the Firefly Group through Andrews Holdings, and contacted two other important figures within the Firefly Group, Peter Schneider, the head of Disney's animation department, and Roy Disney, the art consultant of the Disney animation department and a member of the Disney family.
Peter Schneider heard Ron Perelman show off his private jet, and at the same time was envious, and decided to ask Eric Williams for a business jet in the next negotiations.
Since the box office explosion of "The Lion King", Peter Schneider has felt an unprecedented sense of comfort in recent days.
In the past two years, Disney's hand-drawn animation department, including his director, has had enough of the scorn of the group's headquarters. The 2D animation they make is not much worse than the 3D animation of Pixar. Even several animations have outperformed two of Pixar's 3D animations at the box office. But the treatment of the two departments is very different. Pixar has a luxurious office park, but they can only be crammed into a dilapidated office building in Burbank, Pixar employees have a good salary and dividends, their average salary is less than 50,000 US dollars, Pixar's production budget is almost unlimited, their department budget is pitiful, Pixar is constantly expanding its size, but they are facing the fate of being eliminated.
It's all there. There should be an explanation!
Peter Schneider thought with hatred again and couldn't help but imagine some of the scenes in his office where Eric Williams, who had released his pigeon.
With the current popularity of "The Lion King", both internal and external media have no doubt that this 2D animation will not only create an unprecedented box office miracle, but also easily earn more than $1 billion in net profits for Firefly Group in the next five years.
$1 billion, what a concept!
I'm afraid that the profits generated by the two 3D animations that Pixar has produced so far will definitely not be $1 billion combined.
As a result, most of those who followed the storm did not believe that Eric Williams would continue with his original plan of repeals and reforms.
Although the Firefly Group's rhetoric has been sticking to the original plan recently, Peter Schneider believes it. No fool would have laid off a production department capable of producing more than $1 billion in animated films. The current situation is absolutely a delaying tactic by Eric Williams, motivated by the arrogance and stubbornness of young people and the miserliness instincts of capitalists. Eric Williams must have realized the fatal mistakes he had made with Disney's hand-drawn animation department, but he didn't want to pay too much compensation afterwards to resort to such obvious delays.
However, Peter Schneider and Roy Disney, who thought they had seen it all, would never let Eric Williams, a greedy capitalist, succeed.
They have made up their minds that this time they will not only get the treatment and salary they deserve, but also make Eric Williams pay enough compensation, otherwise, they will definitely let Eric Williams taste the bitter fruit of losing Disney's animation department.
Ron Perelman's luxury motorhome arrived at a holiday home in East Hampton just over an hour later.
Letting the two guests into his study, Ron Perelman smiled and took out the cigars that had been prepared, handed them to each of them, and said, "Try it, this is an authentic Cuban cigar rolled up on the thighs of neodymium." ”
Peter Schneider and Roy Disney each took one, put it under their noses and sniffed it, then took the cigar cutter and match from Ron Perelman, lit it and smoked it with pleasure.
Ron Perelman did the same, spitting out a smoke ring and saying quietly: "Unfortunately, this is just a cigar on the neodymium leg, not the real neodymium." It is estimated that only when you reach the position of Eric Williams can you enjoy countless neodymium. ”
Peter Schneider scoffed and said disdainfully, "There's no place for neodymium in Hollywood." ”
Roy Disney, who was more old-fashioned, frowned slightly when he heard Peter Schneider's angry complaint.
If they are easily emotionally affected by the person in front of them, then they will definitely not have any advantage in the cooperation negotiation in the future. From the beginning of the meeting, Ron Perelman's attitude has been very eager, even with a bit of flattery, but Roy Disney will not be stupid enough to think that the other party is a good man, in the 80s, Saul Steinberg, who was also a Wall Street sniper, bought Disney hostilely, so that Disney spent almost 200% of the premium to redeem the shares in the other party's hands, and the reputation of the bald man in front of him is much worse than that of Saul Steinberg.
With another puff of light smoke, Roy Disney put down his cigar and said, "Mr. Perelman......"
"Ron, just call me Ron," Ron Perelman said with a smile on his face as a Maitreya Buddha, "and I think we'll be friends and partners in the future." ”
Roy Disney didn't dwell on the question and said, "Well, Ron, you should know that our cooperation with you against your parent company is completely a betrayal, and if you don't pay attention, you may be swept away for nothing." So, Peter and I need to know all your plans, all. If you have anything to hide, our cooperation will be canceled immediately. ”
Ron Perelman didn't immediately answer Roy Disney's question, but said in a flattering tone: "Since the two of you are here, I think you must have formed an offensive and defensive alliance with all the employees of Disney's animation department, and the Firefly Group will definitely not be aware of this, with the current situation, even if they find out that you are in contact with me, they will not dare to fire you at the risk of offending the public." ”
Obviously, Ron Perelman agrees with most people that Eric Williams will not only not lay off the hand-drawn animation department, but will increase the co-optation of the hand-drawn animation department in order to prevent this piece of fat from falling into the hands of others. Ron Perelman made a $400 million bet this time, and that's exactly what he bet.
When Roy Disney heard Ron Perelman say this, he just smiled incomprehensibly.
Peter Schneider, on the other hand, blurted out a little proudly: "Of course, we ......"
Fortunately, Peter Schneider was not a fool, and when he felt Roy Disney next to him suddenly kick him in the leg a few times, he immediately shut his mouth and stopped revealing anything more.
Ron Perelman had already discovered at this time that if there was only Peter Schneider, he would definitely be able to play this guy to death, but unfortunately with the old fox Roy Disney, he had to cheer up, made a gesture of waiting, got up and walked to the filing cabinet next to him, took out a document that had been prepared and distributed it to the two of them, and said: " At its current location, Andrews Holdings has a $400 million long-term bond in the Firefly Group, so the performance of the Firefly will also affect the interests of our creditors, although the Firefly Group has been very profitable in recent years, everyone knows that whether it is the film business or the television business, its profit prospects are very precarious. In order to protect our own interests, we will never sit idly by and watch the shareholders who control the Firefly Group arbitrarily dismantle or reform their lucrative business units. ”
Roy Disney ignored Ron Perelman's seemingly righteous words, but keenly grasped a detail and asked, "What did you mean by 'we'?"
Ron Perelman didn't beat around the bush and explained: "Of course, I have a lot of creditors of the Firefly group. ”
Peter Schneider opened his mouth, but this time he didn't. Roy Disney didn't rush to pursue the other creditors that Ron Perelman had mentioned, but reached out to the other party and said, "OK, please continue." ”
"According to the information I have received," Ron Perelman continued, as if not minding being interrupted, "next month will be the month when Firefly Group releases its financial results for the first half of the year, and it will also be the moment when Firefly Group's 80% dollar bond sales are completed due to the spurred by excellent earnings results." At that time, the total debt accumulated by the Firefly Group will reach 10 billion US dollars, equivalent to 30% of its total market value, and the repayment of the principal and interest of this huge debt of 10 billion US dollars will be fully guaranteed......" Ron Perelman paused, and his shiny face suddenly became a little fanatical, and slowly said his ultimate goal: "I hope that at that time, all creditors will unite and publicly put pressure on the Firefly Group to enter the Firefly board of directors as a creditor." (To be continued.) )