Font
Large
Medium
Small
Night
PrevPage Index    Favorite Next

Chapter 883: Press Conference(2/2)

Thirteen shareholders owned a total of 24% of the shares. Zhang Xiao spent 36 billion U.S. dollars and lent them another 6.6 billion U.S. dollars in low-interest loans to take over their hands.

shares.

After signing the agreement, Zhang Xiao owns 78% of Disney's shares, and the other 22% is in the secondary market.

After the matter was settled, Herman came to Zhang Xiao's office and asked puzzledly: "Boss, why did you spend so much effort to buy their shares?"

Zhang Xiao said with a smile: "Do you think Disney, with a price of 150 billion US dollars, is very expensive?"

Herman said: "It's not expensive. The problem is that they can be redeemed within three years."

Zhang Xiao narrowed his eyes slightly and said: "If Disney's market value doubles during this period, do you think they will redeem it? Even if they want to, do they have the ability?"

"Don't forget, they have mortgaged everything they can to me. It is impossible to buy back Disney's shares."

Hearing Zhang Xiao's words, Herman suddenly realized and said: "That's it, boss, you are really amazing."

Zhang Xiao said: "Herman, please hold a press conference. I want to spread this news to the whole world to enhance everyone's confidence in Disney."

Herman nodded and said, "Okay, I'll make arrangements right away."

At three o'clock that afternoon, Zhang Xiao held a press conference in a five-star hotel.

More than 300 media reporters came to inquire, including nearly 100 Chinese journalists.

Zhang Xiao said: "First of all, thank you to all the media reporters for coming to our Disney press conference. Secondly, I want to tell you some news."

"I now own 78% of Disney's shares and am the only shareholder of Disney."

boom!

This news was like a depth charge, detonated directly on the scene.

"Oh my God, how is this possible?"

"Disney has become private. How did Xiao Shen do it?"

"Xiao Shen is Xiao Shen, he is so awesome."

"How much will this cost?"

“···”

The reporters were talking a lot.

Zhang Xiao said: "Everyone, please be quiet. If you have any questions, you can ask them."

Reporters raised their hands one after another.

Zhang Xiao is a female reporter for a Chinese movie channel.

The female reporter stood up and asked: "Mr. Zhang, everyone knows that Disney is a treasure trove. At what price did you buy Disney? Why did those shareholders agree to sell it to you?"

Zhang Xiao answered straightforwardly: "I bought their shares with a market value of almost 150 billion U.S. dollars. My colleagues gave them a lot of low-interest loans to help their own companies tide over the difficulties. If they have the opportunity in the future,

If I have the money, I can sell it to them at the current market value."

"In other words, the final owner of the Disney Company may not necessarily be you?"

"No!" Zhang Xiao said with a smile: "Even if they buy back the shares, I will still have more than 50% of the shares, occupying the empty equity."

"Mr. Zhang, this financial crisis has caused heavy losses to the entire Hollywood. The market value of Disney has dropped from 230 billion to less than 100 billion. Now that you have accepted it, what actions will you take to promote Disney's development?

"

Zhang Xiao replied: "You all should know that during this financial crisis, I made some money, and what Disney lacks most now is money. Next, I will inject 20 billion US dollars into Disney.

Filming film and television productions, and acquiring some properties that are beneficial to the company."

"The purpose is that Disney will never have a shortage of liquidity in the next ten years. I hope shareholders can have confidence in me and in Disney."

A reporter asked: "Mr. Zhang, there is news that you will direct the last two movies of the "Avengers" series. Is this true?"

"It's true!" Zhang Xiao replied: "If it weren't for the Disney headquarters, we would win over you now."

"Mr. Zhang, what is the budget for these two movies?"

"There is no upper limit!" Zhang Xiao replied domineeringly: "As long as it can make the movie more exciting, I don't care how much it costs."

"Wow!"

"Xiao Shen is grand!"

"Looking forward to the last two installments of "Avengers" taking the world by storm."

“···”

The reporters at the scene started discussing it heatedly again.

Zhang Xiao coughed, interrupted their discussion, and said: "Dear journalists, today is a press conference at Disney headquarters, not a film conference for "The Avengers". Please don't go off topic!"

"Who else wants to ask questions?"

"Xiao Shen, there is a saying in China that once the emperor is the emperor, there are always ministers. Will there be any changes in the top management of Disney Company?"

Zhang Xiao waved his hand and said with a smile: "First of all, I am not the emperor, and they are not ministers. Secondly, the rapid development of Disney Company in recent years is due to the efforts of Herman and other senior executives. As long as they can continue to work
Chapter completed!
PrevPage Index    Favorite Next