Chapter 345 OD Fund (8)

The company sets the company, the legal person sets the legal person, this is the "chain lock" in the group company.

For example, Steve Case (A1) is one of the legal entities of AOL - Time Warner Inc. (Company A), which controls the controlling stake in CNN (Company B), which is packaged and managed by Jim Walton (C1), one of the shareholders of Company C, so that Jim Walton controls the controlling stake in CNN (Company B). So he became an agent for Steve Case.

According to the provisions of the Company Law, it is the chairman of the board of directors who supervises the shares, and the CEO who exercises the management rights. Among them, the chairman is elected, but the shares in his personal name are not necessarily the most.

Of course, once the chairman has a controlling stake, he can be regarded as truly controlling the lifeblood of this "business empire".

Think about it, why was Jobs kicked out by Apple and invited back?!

Think about it, why can a person worth a few hundred million dollars control a "business empire" worth tens of billions or even hundreds of billions of dollars?

Only after understanding these can you have fun in the business world!

If you don't understand it, don't say anything, work honestly, and wait for a promotion little by little!

According to the provisions of the company law: if you want to acquire a large company, you must first get an absolute controlling stake, and this acquisition war will be completely over.

During this period, no matter whether you are packing, entrusting, or acquiring, as long as you collect 51% of the shares, you can legally apply for the re-establishment of the board of directors!

At present, Ussy's personal wealth is only $1 billion, and wanting to acquire the Disney Group, which has a market value of $38 billion, seems to be beyond his means, but in fact it is promising.

Sumner-Redes was a little confused, and he asked, "Ussi, just tell me what you want, and we can all discuss!" ”

Usiris smiled and said: "I need shares in GE, Adidas (North America), and Disney Group, plus a 10-year $30 million endorsement contract from CBS, and a contract for the president's personal assistant, and the authority to handle player endorsements is $30 million for 10 years." ”

Sumner-Redstone rolled his eyes and said angrily, "Ussy, your appetite is too great! In addition to GE shares, everything else can be given to you! ”

Steve Keys laughed and said, "Sumner, you're a smart man, can't you really guess?" I can tell you one thing, Immelt often plays poker here! Ha ha! ”

Usilis and Jim-Walton also laughed and didn't explain.

Sumner-Redstone patted his head, grimaced, and said with a wry smile, "I see!" Take them all and sign them now! ”

This posture looks like a joint layout of military tycoon Immelt and online media tycoon Steve Case, coupled with Ussy, a billionaire with a $40 billion inheritance, has enough capital and connections to complete the plan to annex Disney.

Besides, no matter how it is commissioned, the contract will be terminated, the proportion of shares will remain unchanged, and it will be returned to the owner.

As for the market value, after the annexation, it will inevitably increase in value, and this is the income!

The conditions proposed by Usiris seem to be a lot, but in fact they are not harsh, the total amount is only 60 million US dollars, and it will be divided into 10 years, and counting the endorsements of Ussi and other players, can bring a lot of commercial profits to CBS.

This is a sweet cake for Redstone!

The Disney Group's industry is closely related to the media, and CBS has long coveted it, but it is weak and unable to do so; Now's your chance! As long as Ussy can take absolute control of Disney, he can reorganize the board of directors and kick out some nasty guys and put them on some bad assets, ahem!

The remaining benign assets, the original management has all been changed to the second-in-command, as for the first-in-command, hehe, it's airborne!

The major shareholders of the Disney Group include: Michael Eisner, Bob Eagle (ABC Consortium), Roy Disney (Disney Family), Steve Jobs (Apple Computer), John E. Peber Jr. (Procter & Gamble), etc.

Although Sumner Redstone is not clear about the overall plan to buy Disney, he can guess that Ussi definitely has a heavyweight hole card in his hand, otherwise there is no need to toss endlessly, because once the harmony is hurt, there will be a vicious battle in the future.

If you buy my company, I will also buy your company, which will inevitably lead to a snake bite tail war, and the final result will either be a lose-lose situation, or a handshake and complete the merger and acquisition!

That's the game.

The details of the "Asset Management Entrustment Agreement" are the same, but the company name and share ratio are different!

Sumner-Redstone and Usiris signed four contracts and had their private lawyers stamped the company's seal on the spot; In triplicate, Party A and Party B each hold one copy, and the third copy can be sent to the industrial and commercial bureau for the record before the asset transfer procedures can be completed.

There's only one entrustment agreement left, and this one has nothing to do with Ussy.

Of course, once it is filed, it will inevitably be detected by the opponent.

Waiting for the final decisive moment and then going to the record is the best period.

After all, the acquisition of the company is a big deal, and the early transactions and acquisitions must be absolutely confidential, so that no matter how much the opponent struggles, it is difficult to escape, which is the king!

"OD Fund, hehe, good name!"

Sumner-Redstone casually praised and said, "Ussy, are you planning to swallow Adidas (North America) by the way?" Can I help you? I can invite Knight over! ”

Usilis nodded, stood up, took the initiative to stretch out a hand, and said with a smile: "Sumner, from today onwards, you will be my good friend, and I will finish my Disney business." Let's join forces to play a few more big business! ”

Sumner-Redstone laughed, shook Ussy's hand, and gave Ussi a polite hug. The unhappiness caused by the debacle in the morning has completely disappeared.

It's all a deal!

As long as you can help me make money, you are a friend!

There are no eternal enemies, only eternal and salivating profits!

Sumner Redstone and Steve Case's have also reached an agreement, one is to package the 4.39% of SBBA shares on hand and merge them into OK Investments; One is that CNN and CBS will join forces to buy out the contract for SBBA's global live streaming rights.

As for the compensation of 100 million US dollars, don't mention it, it's just a small amount of money!

The specific process is as follows: the two companies each contribute 50% of the money, wholesale and then retail, sell to a large number of TV stations and video websites around the world, and finally share the profits equally. (To be continued.) )