Chapter 511 Disagree

The fall of the Twin Towers is undoubtedly another blow to the already depressed US economy, which is most directly reflected in the stock market. watermark ad test watermark ad test

After 9/11, the New York Stock Exchange suspended trading for four days and reopened on the following Monday, while the Dow Jones Index fell by more than 14 percent on its first day of trading.

In order to save market confidence and avoid adverse effects on economic recovery, the Federal Reserve and the US Securities Regulatory Commission announced a series of emergency measures.

During the market break, the US Securities Regulatory Commission convened the heads of major commercial banks and investment banks to discuss the situation, unify their thinking, seek measures to stabilize the stock market, and allow listed companies to raise funds to repurchase their own stocks in large quantities. The performance level of earnings per share is equivalent to injecting a large amount of money into the stock market. At the same time, the repurchase behavior also shows the attitude of listed companies towards their own stock prices, and the Federal Reserve has also cut interest rates twice in the case of seven consecutive interest rate cuts.

The federal government launched a fiscal stimulus plan of more than 100 billion US dollars at the fastest speed.

These timely and effective policy interventions stabilized investor confidence to a large extent, and gradually stabilized the stock market. The stock market quickly bottomed out two weeks after September 11, and basically returned to the previous level by October. This short-term adverse effect has been largely eliminated.

The re-stabilization of the market has also restarted the long-planned listing plans of some companies, such as Google.

In the previous life, Google’s previous financing was difficult. In 1999, the two founders tried their best to win an investment of 25 million US dollars. In this life, the investment received from Ryan is four times this amount. , In the following time, they have received large sums of investment.

Of course, they paid more than forty percent of the equity for it.

Sufficient funds and a rapidly expanding Internet market. They have all brought this company a rapid development speed, especially the IT stock myth created by Yahoo, which is closely related to it, and they are even more envious.

However, Google's road to listing is full of apprehension.

Follow the original plan. Google's management wanted to go public by mid-2000. But it encountered the bursting of the it bubble.

According to the company's development and profitability, as well as the secret promotion of Ryan and some people on Wall Street who want to share the cake. They plan to go public this year again. Just when all the plans are on the right track and they are still a few steps away from going public, 911 arrives again...

but. None of this has dampened Google's confidence. The stock market has picked up a bit, and the listing plan that is about to be completed has finally come to an end.

Google's latest financial report shows that its first-half profit reached 445 million US dollars, while several financial institutions on Wall Street commented that this figure will grow rapidly in the future. Because it is facing a huge market with an annual increase of 3 billion to 5 billion US dollars.

In late October, after long-term preparations, Google officially landed on Nasdaq for a public offering, with a single share price of $85. At the close of the day, it rose to 100.4 US dollars, and the overall market value exceeded 25 billion US dollars.

JPMorgan Chase and Credit Suisse have become the largest clients of the IPO. They are not only optimistic about the current Google, but even predict that Google's market value will double in the next one to two years.

Because Wall Street was unanimously optimistic, Google instantly became a sought-after star stock.

By November, its single share price was close to 130 US dollars, and its overall market value exceeded 30 billion US dollars. It even drove the Nasdaq index to get rid of its decline all the way, and high-tech stocks gradually showed a trend of recovery.

Almost the entire Wall Street believes that Google will become the new leader of Internet stocks, with unlimited potential in the future.

There are countless Google's purchase orders in the market, and Wall Street investment institutions are actively contacting various shareholders of Google, hoping to get a share of it.

And Ryan, Google's largest shareholder, naturally became the focus of everyone's attention.

And his plan has also come to the most critical moment. Google's early listing did not encounter Waterloo, which gave him enough confidence not to start an alternative plan.

It is certain and necessary to share with Wall Street, but they also have to come up with some conditions. Besides, he has reached a preliminary agreement with certain Jewish groups.

Because some intentions were reached before 9/11, it is naturally much faster to talk about the final conditions now. Ryan transferred 20% of Google shares and 10% of Blizzard Entertainment shares at the market price, and then paid a premium By way of acquisition, most of the Disney shares in the hands of these investment institutions were obtained.

As for Blizzard, the release of Warcraft 3: Reign of Chaos this year has created a myth in the industry. The current market value has increased by 30% compared to the beginning of the year. star stocks.

At the beginning, Wall Street invested in Disney not to run an entertainment company, but more to make a profit.

Although the relationship that has been established for many years has played a certain role in it, the key role is undoubtedly the interest. As long as there are enough interests, the vampires don't mind whether the object of the transaction is the devil.

Then, Ryan reached a final agreement with Murdoch and Redonda, using part of the blue sky studio shares and the copyright of the Terminator series to exchange for the Disney shares in the hands of News Corporation, and cash plus the copyright of Mission: Impossible In this way, it got the shares of Disney in the hands of Viacom.

And promised that the three parties will jointly invest in the production of a new spy series The Bourne.

Capital is always profit-seeking, and in the face of sufficiently huge immediate interests, it will make a natural choice.

All of this was secretly signed by authorized representatives of both parties on the last working day of this week.

After transferring a series of equity and copyrights, and paying more than seven billion dollars in cash, Ryan's Disney shares increased to 45%, becoming Disney's largest shareholder.

According to relevant regulations, if the company holds more than 10% of the shares of a listed company, it must release information to the outside world. However, the day the agreement is signed is already the last working day of this week, and it is completely in line with the regulations to delay the release until next week.

Next Monday is Disney's shareholder meeting.

…………

Disney's shareholder meeting was not held in the Disney headquarters building, but chose Conference Room 1 of the Beverly Hills Hilton Hotel.

What new measures Disney will take after the annexation of Pixar is undoubtedly the focus of attention of the entertainment media, since the sun has just risen. A large number of media reporters gathered in front of the hotel.

Disney and Pixar are a strong alliance, and we will reproduce the glory in animation.

Before entering the hotel, Michael Eisner specially accepted the reporter's interview. The head of Disney was proud of himself. It's like the entire Disney Group has changed its surname to Eisner. I have made a detailed plan, and Disney will continue to follow my vision...

Mr. Eisner. Ryan is currently Disney's second largest shareholder. It is said that there are irreconcilable conflicts between you. Will this affect Disney's next development?

There is no problem between us.

Michael Eisner waved his hand casually and walked into the hotel.

after the general meeting of shareholders. He'll start another round of financing and other plans to dilute that guy's stake until he finally gets him out of Disney.

Shareholders with no rights and no positions? He smiled and shook his head.

Hey, Michael, what a pleasure.

Just in front of the conference room, Ryan came from the other side and saw Michael Eisner just in time. It's better to share it.

You shit luck guy! Michael Eisner snorted softly. He naturally knew some of the situation after Google's listing. Apart from being so emotional, he didn't know what to say.

Ryan shrugged. He walked into the meeting room first.

He turned around and deliberately changed seats with a retail shareholder.

On the left are the agents from Wall Street. Although most of the shares in their hands have been transferred to Ryan, they still hold a certain amount.

On the right are Ed Kammel, John Lasseter and others. After the share exchange, their core group of Pixar owns a total of nearly 3% of Disney shares.

After saying hello to those on Wall Street, Ryan extended his hand to Ed Kamuel, Long time no see, Ed.

Is everything going well? Ed Kammel asked.

Successful. Ryan nodded, then lowered his voice and said, Are you and John ready to take charge of the entire Disney animation department?

The two smiled knowingly.

Suddenly, Ryan felt a needle-like gaze. He turned his head and looked over. It was Nicole.

Well, he admitted that after losing Pixar, he didn't become too miserable. It's normal that Nicole couldn't vent her anger.

There is not much difference between the shareholders' meetings of each company. After two hours and a break, the most important topic in the morning came to the election of the new president, chairman and the new president. The candidates for the latter two are only One -- Michael Eisner.

In the eyes of most people, Michael Eisner has just led Disney to annex Pixar, and it is a matter of course to continue to serve as the chairman.

Don't even prepare one of the competitors who are going through the motions?

Ryan looked at the large screen at the front of the conference room, which showed how powerful this tyrant was.

And Michael Eisner looked at him, the corners of his mouth were slightly raised, clearly wearing a mocking and victorious smile.

Even if his net worth becomes rich again, he is still just a shareholder with little right to speak in Disney. Now, with the shares in his hands, he still has some weight. After a period of time, the shares will be diluted and become insignificant .

These are some of Michael Eisner's very cryptic thoughts.

His eyes moved to other places actively, and Ryan shook his head slightly.

I still vaguely remember the related reports I read in my previous life, and now it is almost a replica of Michael Eisner’s resignation at that time. At the original shareholders’ meeting, he was the only candidate for chairman and chairman, but the shareholders did not buy it, more than 40% The vote of no confidence forced him to step down.

Of course, Michael Eisner in his previous life did not win Pixar, nor was he the largest shareholder of Disney. Now he is even more powerful.

However, the power of Wall Street in the previous life was too scattered, and it was not concentrated by him like it is now.

I agree! Michael Eisner was the first to express his opinion.

As one of the most traditional Hollywood companies, Disney uses the most traditional voting method

agree……

agree……

...

The big screen showed that the supporting shares quickly reached 30%, and a faint smile appeared on the face of the Disney tyrant.

disagree!\t()