"Okay, let's try it first, but if I do, won't Morgan Stanley be in a hurry?" Chen Zhiwen said with a smile.

Many acquisitions, in fact, how much it costs, may still be secondary, more importantly, at the time of acquisition, there are a lot of things to be negotiated, so that it is convenient for the two parties to better cooperate, in order to ensure that the acquiree can develop rapidly in the future when it receives funding, or the acquiree in some way to support the parent company and so on.

Regardless of the purpose of the acquisition, the premise of everything is to ensure that the acquisition can be developed according to the expected plan, which is the most important thing for large companies, otherwise after the acquisition, if it does not cooperate, it may lead to more serious losses.

And it's the same for the traverser Chen Zhiwen, Disney's huge influence is actually seizing various opportunities, therefore, he needs the future Disney to obey him, but the Disney family members who are too deeply rooted have too much influence in the hearts of the management and even ordinary people, and may not be able to hinder him as a boss in the future, but it may affect or even delay his plans, therefore, these people must go.

For a traditional company, especially in European and American cultures, a deep-rooted management can cause a lot of trouble to the boss.

"Of course, it's just a matter of wanting to get away with it, and if you really want not to buy it, we can't force you to buy it." Henry Morgan said with a smile.

"Okay, you guys should communicate with the Disney family members first, I know they are not short of money, but it doesn't hurt to have more, otherwise if I don't buy it, Disney may not be able to last a few years." Chen Zhiwen nodded and said.

Although Disney began to turn over a few years later, it is really impossible to see it now, the entire Disney is in decline, plus the economy of the United States is not very good, the two parks have suffered serious losses, film investment has also failed many times in a row, and the entire group is in debt.

Otherwise, Chen Zhiwen, a Chinese, would not have had this opportunity to acquire.

"Guys, you have to think about it, my client has made it clear that he needs a company with only the name [Disney], not Disney run by a bunch of Disney family members." In a conference room, Morgan Stanley's vice president of investment, Jim Stanley. Hughes said as he looked at the group of people in front of him.

"Is this looking down on our Disney family?" A middle-aged bearded man said angrily.

"It's not to look down on or afford it, it's a necessity for the company to operate." Jim Hughes glanced at the middle-aged man, but still said calmly: "Besides, Disney's current situation, I don't think Mr. Walt Disney would have reached this point if he was still here." ”

This sentence poked the pain in the hearts of all the Disney people present, they are indeed far inferior to the founder of Walt Disney, and it is precisely because of Walt's death that the entire Disney company is getting worse and worse with a large number of copyrights and popularity.

"So, let's just do us, what kind of conditions do you need to quit the company? If it doesn't get it right, my client will abandon the acquisition. Jim Hughes added.

"Just because of this, you gave up such a big acquisition?" A representative of a major shareholder frowned and asked, he is a representative of the American Coal Workers' Retirement Fund, once a long time ago, the coal union was powerful, but it has slowly declined over the years, which is for them who need to pay a large amount of retirement wages, they can only count on various investments to make a profit, they invested in Disney a long time ago, but now the stock value is getting lower and lower, but as a major shareholder, it is difficult to cash out, once the news comes out, it will inevitably cause the stock price to collapse, and eventually the loss will be greater.

And now, suddenly an overseas "wronged boss" appeared, the senior management of the coal fund is happy, and now not only can cash out, but also make more, after all, the acquisition, more or less will have a certain percentage of the bonus, but unfortunately the other party is clear that it is to be acquired in good faith, otherwise, if maliciously, they can sell to the other party at a higher price and in advance.

In order for this to succeed, the coal union fund also used its influence to promote this matter, and now suddenly heard that the deal may be canceled, so it is natural to be anxious.

"My client made it clear that he must get all the management rights of Disney, and the management present, some of whom can continue to guarantee their current position, but those who don't need it need to leave, but there will be corresponding compensation." Jim Hughes said.

In fact, he also understands that the acquisition of a large company, unless it is in the same industry, under normal circumstances, the original team is required to continue to manage, unless it is too bad.

But Disney's management should not have reached this level, he talked with Chen Zhiwen, and got the news that after the acquisition is successful, he will invite other professional manager teams to manage, and in this case, he can only implement it according to the customer's requirements.

"To do this is to destroy the Disney Company, do your customers want the company that they spent so much money to acquire immediately collapse?" Ron Miller, the current CEO, said with a frown. He is not surnamed Disney, but he is the son-in-law of Walt Disney, after Walt's death, it was originally his son who took over the company, but the business is getting worse and worse, and the subsequent internal family struggles are finally handed over to him, in terms of ability, he is better than others, but obviously still can't control the Disney company.

However, he also does not want to leave his current position, which has nothing to do with money.

"My client, there are many industries in the United States, you all know his details, Costco and AMC are developing very well, although I don't know what he will do later, but his success before, I have no reason not to believe him, besides, even if the business is not good, it is also my client's business." Jim Hughes said.

"I'm sorry, we won't agree to such a request." Ron Miller refused.

"Yes, so you're officially rejecting the acquisition?" Jim Hughes looked at several representatives of major shareholders and said with a smile.

"Wait a minute." The representative of the coal union hurriedly said, and at the same time looked at several Disney members, and said: "Several, your management, can't represent our board of directors, let alone other shareholders." ”

"I agree." Another shareholder representative also raised his hand and said, while several others nodded in agreement.

Ron Miller's face is also ugly, although under normal circumstances, the board of directors will not interfere much with the management, but large investments, large company development plans or the current situation, the board of directors or shareholders' meeting has the final say, which is the basic principle of modern business law.

"I'm sorry, my client is a special person, he doesn't want to have too big a conflict with companies in the United States, if you don't agree, then we have to stop, we will abandon the acquisition." Jim Hughes said again.

"Mr. Miller, now that the situation is like this, I think you should take a step back, right? If you really had the ability, you wouldn't have let Disney get to where it is today, and no one would have come to buy it. The representative of the coal trade union said in a calm tone, they actually don't want to be too complicated, and it would be good to just take the money and leave.

"I know that Disney has made a lot of mistakes in the past ten years, but since Disney's stock price has fallen a lot today, even if you sell at a premium at this time, it will be relatively at a loss, so it's better to wait, the U.S. economy is also improving now, and I think Disney can also bounce back." Faced with the culture of several major shareholders, Ron Miller could only say softly.

"It's better to lose some money than to lose nothing." Another major shareholder said: "Disney's problem today is not that the U.S. economy is bad, but that there is no direction at all, the Mickey Mouse brand is no longer recognized by young people, Disneyland needs hundreds of millions of dollars in maintenance costs and hundreds of millions of various labor and program expenses every year, but the number of people entering the park every year is getting smaller and smaller, which has nothing to do with the oil crisis, 73 years ago, it was already like this, the oil price has ended in the past two years, and it has not improved, you don't want to say that it is a big environmental problem, There are quite a few other parks.

As for your next hope to make a movie and enter Hollywood, you have spent hundreds of millions of dollars in the past ten years, but nothing has been made, I will not talk about the past, you tell me a direction that can make Disney develop again in the future? ”

“.” Several Disney families who couldn't answer were asked, all of them were a little embarrassed, but Jim Hughes on the side saw the dawn of hope, as long as they provoked shareholders, this group of management actually had no choice, when Disney was in Walt's hands, in order to develop rapidly, especially to build two large parks, too many shares were diluted, and now, the shares of the Disney family have accounted for a very small proportion.

"That's it, Mr. Miller." The representative of the coal union said: "You say that your Disney family is confident that the company will run well, then bet that if this acquisition is not successful because of you, then can you aim for three years, Disney's stock price will rise by 50%, if it can't be reached, we will set a limit, just 300 million US dollars, and your family needs to compensate our shareholders." ”

"How is this possible? Completely unreasonable. A Disney family member said.

"It seems that you don't have a lot of confidence in yourself." The representative of the coal trade union said with a smile: "In this case, then hold a general meeting of shareholders, or according to the shares." ”

Satisfied, Jim Hughes said, "It's good that the shareholder meeting agrees, but our demands won't change. ”

"Rest assured, if the shareholders' meeting passes, whoever opposes it will be recalled." The representative of the coal union glanced at the people of the Disney family proudly, and the meaning was already obvious.

Ron Miller also frowned, in the past, when the company was operating normally, even if the efficiency was poor or even the loss was lost, the convening of the shareholders' meeting would not have any impact, because the oil shareholders had no choice, even if they wanted to remove the current management, but who to go to?

Several major shareholders are big foundations, and they only care about the profits, and they will not interfere in the management, but now that someone buys it, then these people have the choice, or when they get a lot of cash immediately, the management is useless.

Two days later, on a Rolls-Royce, Jim Hughes took out an envelope and said to the people around him: "Mr. Andrein, thank you for pushing for Disney's shareholder meeting earlier, this is a little bit of our heart." ”

"Thank you." Andre said with a smile: "Actually, I also did what I should do, our coal union also urgently needs a fund, and the current Disney Group is completely under the control of a group of waste, for us, it is in our best interest to sell Disney Company." ”

After saying that, he opened the envelope, which contained a check, and after seeing the 6 digits on it, he smiled with satisfaction.

"It's okay, it's best to take what you need, but the coal union is the coal union, you are you, aren't you?" Jim Hughes said with a smile.

(End of chapter)