Chapter 849： Outsider and own

Leaving Credit Suisse, Roy Disney went to Citibank and used the contacts he had made over the years to meet the vice president in charge of the credit business.

While lobbying for more shareholder support, Roy Disney is also doing another job to cut off Michael Eisner's funding source.

"I heard that you are going to provide Michael Eisner with a loan of hundreds of millions of dollars?" After a few words of greeting, Roy Disney quickly moved on to the topic: "Donovan, this news should be correct, right?"

A shrewd middle-aged white man named Donovan shrugged slightly and said, "Roy, your news is as good as ever."

Roy Disney asked: "Are you sure you want to provide a loan to Michael Eisner?"

"Why not?" Donovan said naturally: "Michael Eisner is the chairman and CEO of Walt Disney. He has a good credit and is a quality customer."

Roy Disney laughed. "Creditable? What if he ceases to be the chairman and CEO of Disney?"

Donovan spread his hands: "But now it's Michael Eisner who is sitting in these two positions."

Roy Disney sighed and said: "Looking at the relationship for many years, let me share with you a piece of news. Disney, including the Disney family, has united and is preparing to sue Michael in the Delaware Chancery Court. Eisner."

This is a brand new piece of news that Donovan didn't know before and immediately attracted attention.

Roy Disney said: "You should have heard about the dispute between Michael Eisner and Michael Ovitz. In order to get Michael Ovitz, who was incapable of serving as CEO, Disney paid enough A cancellation fee of 140 million U.S. dollars."

"Is this your reason for suing Michael Eisner?" Donovan asked.

Roy Disney nodded slowly and said half-truth: "The whole matter was decided by Michael Eisner. It did not go through proper company procedures. There were serious procedural errors, and I have direct evidence."

Donovan looked straight. "Are you a new player for today?"

Roy Disney bit the bullet and said: "So, Michael Eisner will inevitably fail in this lawsuit, and he will pay at least $200 million. Donovan, if this happens, you are sure that Michael Eisner Still able to repay? The loan you provided him will not become a dead account?"

Roy Disney reminded: "Don't forget that Michael Eisner is only Disney's professional manager, not the owner. Disney's funds belong to all shareholders, not to him personally."

Donovan was cautious. Although he did not fully believe Roy Disney's words, if this is the case, the consequences will be very serious.

Roy Disney added: "Just wait and see the news. The Delaware Chancery Court will accept this prosecution by this Friday at the latest."

There is not a few days, Donovan can wait: "Roy, I hope Disney can solve the internal problems as soon as possible."

Roy Disney said: "Within this year, it will definitely be resolved. I will give all shareholders and all investors an explanation. Disney will have a better tomorrow, and all shareholders and investors will get the benefits they deserve."

When Roy Disney left, Donovan immediately called and asked the people below to find out the specific situation. At the same time, he asked the credit department to temporarily drag Michael Eisner's credit business under the pretext of procedural needs.

Out of Citibank, Roy Disney got into the car and asked the driver to return to the hotel.

"Isn't the first batch of visiting targets missed?" Roy Disney asked the secretary on the co-pilot.

"No." The secretary looked at the list in his hand and said, "We have already seen the first batch of targets."

After all, Roy Disney was old and consumed too much energy. At this time, his energy was not enough. He closed his eyes and leaned on the seat and asked: "What about the afternoon schedule?"

The secretary said: "Ronan Anderson of Relativity Entertainment Group has made an appointment with you."

Roy Disney opened his eyes instantly: "Ronan Anderson, an interesting young man." He seemed to be asking the secretary, and he seemed to say to himself: "He is looking for me? Does he want to participate in Disney's internal affairs? ?"

Robert Iger has been in contact with him a long time ago, expressing the friendly attitude of relativity entertainment.

Although he doesn't like outsiders interfering in Disney's internal affairs, Disney has not directly conflicted with Relativity Entertainment, and Roy Disney has no hatred for Ronan.

For Roy Disney, a more traditional old-school person, Ronan is more like a strange passerby.

Disgust is not to be mentioned.

But good feelings are also out of the question.

Just like those actors who have gone through hardships to figure out a way, do not look down on the stars who become famous overnight.

It took nearly a hundred years for Walt Disney to reach its current scale, but Relativity Entertainment has completed the journey that Disney has traveled for decades in just a few years.

How can this be called the older generation's favor?

Ronan's rise was so fast, he was so old-fashioned as Roy Disney that he hadn't even figured out what attitude he would adopt to face him. He was already standing high on the top of the circle.

After returning to the hotel, having lunch, and taking a short nap, Roy Disney's tired spirit improved, changed into a decent formal dress, and came to Ronan's clubhouse. In a closed room, he saw the reputation long ago. The young man who spread all over Hollywood.

This is a young boss that even him and the entire Disney family have to pay attention to.

"Good afternoon, Mr. Anderson." Roy Disney lifted his spirits and shook hands with Ronan: "I saw the legend of Hollywood today."

Ronan said modestly: "This makes me feel ashamed." He put on an enthusiastic smile: "Roy, you are a veteran in the circle, just call me Ronan."

Roy Disney didn't bother with this kind of thing either, and asked directly: "Ronan, you specifically ask me to ask me, is there anything?"

"A few days ago, I visited Goldman Sachs and heard Lloyd Blankfein mention that you came to New York specifically." Ronan said ninety percent of the things are true: "Lloyd B Frank Fein said something about Disney, and I was touched, so I made a special appointment with you."

Roy-Disney’s actions were not secret, and he was not surprised by this, saying: "The situation of Disney is not a secret to Hollywood, not to mention everyone knows it. It is not a secret to you."

Ronan nodded slightly: "So, you want to end Disney's civil strife and get Disney back on track, right?"

"This is the responsibility of every person surnamed Disney!" Roy Disney seemed to be a little distressed: "Disney can't sink anymore."

Ronan tentatively said: "Maybe we can cooperate on this."

Roy Disney looked at Ronan, his eyes were instantly full of vigilance: "Disney's internal battles are Disney's problems and do not require outsiders to intervene."

The meaning of these words is very clear, pointing out that Ronan is an outsider and is not qualified to intervene in Disney affairs.

Ronan could understand, and said: "Outsiders are really not suitable for getting involved in Disney affairs."

The vigilance in Roy Disney's eyes dissipated partly, and Ronan Anderson, a young man, was fairly witty.

But Ronan immediately said: "Roy, I am not an outsider! Your fight with Michael Eisner is directly related to my interests!"

"What?" Roy Disney was quite surprised: "What do you say?"

Ronan said softly: "I am a Disney shareholder. Relativity Entertainment owns close to 1.5% of Walt Disney shares."

Roy Disney looked at Ronan, seemingly unwilling to believe it was true.

Ronan took a stack of copies of the equity certificate, put it on the coffee table, and pushed it to the opposite side.

Roy Disney picked it up and flipped through it quickly, and it was immediately clear that Ronan was telling the truth!

The equity is not too much, but not too little. Coupled with the reputation of Relativity Entertainment, it may even have a considerable say in the general meeting of shareholders.

Luo Nan said: "Relativity Entertainment is still discussing equity transactions with people, and will increase the shareholding ratio in the future."

Roy Disney put down the copy, looked at Ronan, and asked, "Why?"

Ronan said frankly: "For Disney, which has many subsidiaries, a complete industrial chain, and ABC TV and ESPN, the current stock price is unreasonable. I think this is a good opportunity for bargain hunting. In the future, as long as Disney returns On the right track, the stock price will inevitably rise sharply."

This statement is specifically designed for Roy Disney.

As a representative of the Disney family, Roy Disney not only has deep feelings for Disney, but also full of confidence.

He believed that as long as Disney ended this dispute, it would definitely get back on track.

"Are you speculating?" Roy Disney said.

"It can be said." Ronan collected the copies: "If Disney develops well, Relativity Entertainment will also increase investment in seeking long-term benefits His voice emphasized: "But the premise that all can be achieved, Disney must get back on track as soon as possible to end this dispute. "

It is directly related to the commercial interests of Relativity Entertainment. Roy Disney's vigilance is further reduced. It is related to the investment income of hundreds of millions of dollars. Relativity Entertainment's attention is inevitable.

Roy Disney asked: "You know about Disney and you found me again. There must be a plan?"

"I can't talk about the plan, it's just a very rudimentary idea." Ronan said directly: "I learned at Goldman Sachs about your activities in New York, especially on Wall Street. Relativity Entertainment, because of the Netflix network, is on Wall Street and finance. There are also relationships in the organization that can assist you. For example, use the company’s reputation to help you win shareholder support, and at the same time lobby financial institutions to refuse to provide credit loans to Michael Eisner, etc.

Roy Disney is a little tempted, after all, he hasn't been on the front line of Disney for too long, and some relationships have been indifferent. If there is relativity entertainment to help...

But he wasn't sure that Relativity Entertainment could do that. After thinking about it, he suddenly asked: "What if I refuse?"