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Chapter 168 Complicated Equity Dispute

The Rockets eliminated the Los Angeles Clippers with a big score of 3:2 and advanced to the Western Conference semifinals. Their upward momentum seemed to be quite good. Their opponent was the powerful Seattle SuperSonics.

Houston Intercontinental Airport

Early in the morning, the Rockets players, who were in very good spirits, all rushed to the airport, preparing to go to Seattle to challenge the SuperSonics and take the lead in two consecutive away games in the best-of-seven Western Conference semifinals.

The arrival of these dazzling sports stars caused a commotion among passengers at the airport. Many people took out small books or postcards to ask famous players to sign them, or even wrote them directly on T-shirts.

Center Olajuwon was particularly popular. There was a large circle of fans around him. It was still early to board the plane. Olajuwon signed autographs for the fans with a relaxed demeanor and a very gentle attitude.

The mood of the players is very relaxed, the Rockets have achieved great results, and now the pressure is on the Sonics.

At the international passenger entrance of the airport, what I passed by the tall Rockets was a seven-member inspection team from mainland China. They were the Green Electric Electric Research and Investigation Team going to the United States. Among them was Ms. Dong Mingzhu, a great person that Wang Yaocheng longed for.

Ms. Dong Mingzhu's mood was quite complicated. Du Bo, the manager representing Pacific Appliances Company, and Huo Jiaguang, the deputy general manager of the group, had been contacted many times, and the other parties also showed strong solicitation intentions.

After careful consideration, Dong Mingzhu felt that Geli Electric was suitable for her career development and politely declined the well-paid position.

Unexpectedly, Pacific Company would acquire the entire Gree Electric Appliances, which shocked Dong Mingzhu, who had experienced social upheavals for a long time.

When she first heard the shocking news, Dong Mingzhu accidentally broke the water glass in her hand, which shows how powerful the news was.

As the first person in mainland China to study MBA business administration courses abroad, Dong Mingzhu has traveled frequently at home and abroad over the years and has a deep understanding of international business affairs.

She never expected that a business owner was so eager for high-end talents that he would acquire Green Electric to achieve his goal. This made Dong Mingzhu even more interested in Wang Yaocheng, the young boss he had never met before.

After collecting relevant information about Wang Yaocheng through various channels, Dong Mingzhu was surprised to find out;

Since arriving in Jinling, the provincial capital, the young entrepreneur Wang Yaocheng has risen through the ranks at a rocket-like speed. He has made huge successes both at home and abroad with his bare hands, demonstrating his extraordinary business capabilities.

Upon closer inspection, the company's development trajectory is clear step by step.

The most rare thing is Wang Yaocheng's high sensitivity to business management, which is amazing.

After Wang Yaocheng made his first pot of gold in the Gulandu Hotel project, he set his sights on the commercial retail sector. Starting from the Pacific Home Appliances Mall, he quickly followed the footsteps of Lianhua Supermarket in Mingzhu City and accurately entered the comprehensive supermarket format.

It became an instant hit, and the business became more and more prosperous, becoming more and more out of control!

The deeper they got to know each other, the more interested Dong Mingzhu became in Wang Yaocheng, the young business founder, and she looked forward to meeting him for the first time.

International passenger exit

The bodyguard staff officer and Shanmao were holding a huge sign, which read in Chinese "Welcome Mr. Zhu Jianghong and Ms. Dong Mingzhu of Green Electric Appliances". They were tall and tall, and they stood out in the crowd holding the sign.

Dong Mingzhu, who followed the flow of people to the exit, felt warm after seeing this. As a woman, she is naturally sensitive. From this detail, she can see that the other party values ​​her. She put her name next to that of the general manager, Mr. Zhu Jianghong. This

Dong Mingzhu's favor increased greatly.

"Excuse me, are you from Pacific Company? We are employees of Gli Electric from China going to the United States. I am Zhu Jianghong, the factory director."

"Welcome, the chairman has specially arranged to pick you up. The car is in the parking lot. Please come with us." The staff officer and Shanmao shook hands with everyone enthusiastically to welcome you; "We will arrange for you to stay and have a rest first.

We are jet lagged, so in the evening, Vice President Mr. Huo Jiaguang will hold a dinner to welcome you."

"Well, just do as the Romans do and listen to the arrangements."

Everyone exchanged a few words and dragged their suitcases towards the parking lot. Dong Mingzhu just smiled and said nothing the whole time. She preferred to use her own eyes to see the difference.

At the same time, a suburban manor

The green meadows are covered with grass, and the rolling hills are as far as the eye can see. There are streams and woods not far away. These are all within the scope of the manor.

Wang Yaocheng and Mr. Stan Lee rode their horses slowly, looking comfortable and comfortable on this bright spring day in March.

"Old guy, please don't hurt me. This is my first time riding a horse, hey! It would be bad if I fall."

"Don't worry, kid. With an old cowboy like me protecting you, there will be no problem. Don't stiffen your body. Let your legs droop naturally. Feel it carefully. Move forward slowly with the rhythm of the horse's movement. Let's get used to it for a while."

"I...I'm still a little nervous."

"Hey, you can imagine riding a horse galloping in bed, that's pretty much it."

Wang Yaocheng; "..."

Humph! You old and disrespectful guy, I despise you.

Mr. Stan Lee was dressed in standard cowboy attire, with a cocked cowboy hat on his head, a rough large plaid shirt, and shiny riding boots with spurs. He looked nothing like an old man in his seventies.

He pondered for a moment and said, "Boss King, I want to talk about the current Marvel company. It needs more help from you."

"Li, this is not a good time." Wang Yaocheng was riding on the horse, looking slightly nervous; "I feel that the saddle is a little loose, will it fall off?"

"No, I personally adjusted the saddle for you. If the strap is too tight, it will make the horse uncomfortable and it will become manic."

"But... you said this is the most docile mare."

"No matter how docile a horse is, he still has a temper. God, can you listen to me?"

Wang Yaocheng was stunned, glanced at Mr. Stan Lee who was a little impatient, and secretly chuckled in his heart, with a look of helplessness on his face: "Okay, you say it."

"Hey! Ronald Perelman was against me in the board of directors. He has now roped in Parmut and Avi Agard, and is making things difficult for me in the company. I can't do anything now.

I can only watch as Marvel Corporation slides into the abyss."

Stan Lee, the CEO of Marvel, does not have the support of the board of directors and is constrained by what he can do, let alone drastic reforms. Everything is only reflected in the mirror.

According to the current equity distribution of Marvel, Ronald Perelman currently holds 29.7% of the company's shares by collecting retail stocks in the market, and is still the largest shareholder

Wang Yaocheng holds 27.6%, ranking as the second largest shareholder.

Parmut holds 11.2%, ranking as the third largest shareholder.

Avi Agard holds 3.1%, ranking as the fourth largest shareholder.

Stan Lee holds 1.6%, ranking as the fifth largest shareholder.

The current situation is that the largest shareholder Ronald Perelman, together with the third largest shareholder Parmut and the fourth largest shareholder Avi Agard, hold a total of 44% of the shares, and jointly suppress the second largest shareholder Wang Yaocheng

and CEO Stan Lee, working hard to offset their voice at Marvel.

The contradiction between the two sides is profound and irreconcilable.

The key is that Parmut, the third largest shareholder in the toy industry, and Avi Agard, the fourth largest shareholder, are both Jewish and have become key figures in influencing the discourse of Marvel. They advance and retreat together on the board of directors, and their influence is huge.

Not to be underestimated.

Wang Yaocheng asked; "What conditions did Ronald Perelman impose? Make them all obey."

When he mentioned this, Stan Lee became so angry that he blew his beard and started swearing: "These filthy pigs, villains hiding in the sewers plotting conspiracy, shameless people who have no regard for self-interest."

, they are ready to bring down Marvel."

"After all, they are all shareholders. What good will it do them to bring down the company?"

Stan Lee said angrily: "Ronald Perelman is a despicable speculator. He promised that once Marvel declares bankruptcy, he will hand over the rights to the company's bankruptcy and reorganization to Parmut."

I'm out, this bunch of bastards, I built Marvel with my own hands, and I will never let them succeed."

Wang Yaocheng understood it instantly.

It turns out that historically;

Wang Yaocheng doesn't remember clearly whether Marvel has entered bankruptcy or reorganization. Anyway, the situation is very difficult. It was Pamut, the third largest shareholder, who single-handedly brought Marvel out of the quagmire.

At first, it was nothing more than selling children and licensing animated images to major film companies in exchange for precious funds to survive.

Film and television filming rights for animated characters such as Spider-Man, Iron Man, Captain America, the Hulk, and the Fantastic Four were all sold during this period.

When the Marvel superhero movies became a hit, and the movie box office raked in gold and silver, the value of the Marvel company immediately skyrocketed, and the huge influx of funds made them no longer short of money.

Ever since, Marvel Movies began to produce its own superhero movies, which quickly became popular around the world...

Unfortunately, some of the animated characters sold, such as Spider-Man, Batman, etc., can never return to the hands of Marvel.

As a major shareholder, Ronald Perelman knows that the value of Marvel Animation is far beyond the current market value. This is also his original intention to buy stocks on the market to dilute costs, holding a total of 29.7% of the company's shares.

Whoever restructures the company cannot bypass Ronald Perelman.

Marvel's stock price has dropped from a high of more than 30 US dollars in 1991 to 13 US dollars per share in August 1992 and 8 US dollars per share in December.

After entering 1993, the decline continues, and the current price is only 6.33 US dollars per share.

The board of directors is helpless to deal with the poor operating conditions, and internal strife continues. At present, there is no hope of relief, let alone a bright future.

Most of the securities investment industry gave negative comments and recommended short-term cautious holding or selling, which caused heavy downward pressure on Marvel's stock price.

Now that the pot is broken, major shareholder Ronald Perelman simply gives it a go and prepares to put Marvel Animation, which has been in poor operating conditions, into bankruptcy protection proceedings.

Use the special rules of bankruptcy protection companies to bypass the strong opposition of other shareholders and take simple and effective measures.

The core assets of Marvel Animation - the copyrights of animated characters can be directly monetized by selling them to major Hollywood film companies.

Marvel Company owns the copyrights of more than 30,000 animated characters, which is a valuable asset.

This method is also Stan Lee's only way to solve the company's dilemma. The difference is only in who takes the lead and who is out. Different ways lead to the same goal.

Marvel Animation's stock price has been wiped out due to the company's poor performance.

In the current market, the stock price of Marvel Animation is ridiculously cheap, which completely fails to reflect the true value of Marvel Animation. Gold is sold at a bargain price.

Unknown to all parties involved, Wang Yaocheng has been secretly acquiring Marvel Animation stocks in the market through more than a dozen overseas companies, and has so far collected a total of 12.3% of the shares.

If Wang Yaocheng openly holds 27.6% of the shares, the total is 39.9%, making him the undisputed largest shareholder.

If it weren't for the steady stream of acquisitions, Marvel Animation's stock would have fallen even worse.

However, adhering to the principle of not entering the village quietly and shooting, Wang Yaocheng kept it secret.


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