Silicon Valley

Chapter 354: The Acquisition of Marvel (Part 2)

After a while, Locke Senior and others came to the conference room.

Haha, Mr. Senior, welcome! Ron Perelman, Stan Lee and the others stood up and greeted them.

Hello, Mr. Ron Perelman, Locke Senior looked at the people next to Ron Perelman and smiled, Are these two Mr. Stan Lee and Mr. Jack Kirby? Hello, nice to see you! Locke stretched out his hand and shook both of them.

Hello, Mr. Locke Senior, nice to meet you! Jack Kirby and Stan Lee said in unison.

Ron Perelman got a little upset when he saw that Locke Senior was more enthusiastic about Stan Lee and Jack Kirby.

Mr. Senior, please, time is running out, let's start negotiating! Ron Perelman took a step forward, blocked Stan Lee and Jack Kirby, and pointed to Locke Senior. Refers to the row of seats on the right.

Okay... Locke Senior nodded, and led his team to the seat and sat down.

Locke Senior turned his head to look at Ron Perelman and said indifferently: Mr. Perelman, your last offer was really high. I wonder what your offer is this time?

Ron Perelman fell silent, when Stan Lee gave him a wink, reminding him not to be too greedy.

Mr. Perelman, my team and I are going back to Hollywood tomorrow, so we both make a step back with each other, and it's best to reach an agreement! After Locke Senior said, he calmly picked up the table on the table. Mineral water unscrewed and took a sip.

Of course, of course... Ron Perelman nodded.

Locke Senior blinked, So, what's your offer?

Ron Perelman gritted his teeth and said: $60 million, Locke Senior! I think this price, you should be able to accept it... After all, Marvel is one of the two giants of American comics, you should Clearly it's worth!

Yes, Mr. Perelman. We do know its value, but we know better that Marvel has more than $200 million in debt! Locke Senior said indifferently, $50 million. We Galaxy Films only Willing to bid $50 million for Marvel!

As soon as Locke Senior finished speaking, the conference room suddenly fell silent.

Ron Perelman's face showed a complicated and unwilling expression, and Stan Lee winked at him frequently, making him agree immediately. Ron Perelman glanced at Locke Senior. Seeing his indifferent look, I can't help but think of the recent news about Lockheedale and his party. Maybe Galaxy Films will really wait for Marvel to go bankrupt before acquiring it. At that time, the court would auction off Marvel assets to cover the debt, and the $200 million debt has exceeded Marvel’s current market value. Even if all Marvel assets are auctioned off. I can't get a penny...

Ron Perelman thought about it carefully, thinking that now that Marvel is so indebted, there is no one else but Galaxy Films willing to buy it. Now that it's selling for $50 million, that's pretty good. Ron Perelman raised his head and looked at Locke Senior, Mr. Senior, we agree with the purchase price you proposed!

Locke Senior heard the words. He couldn't help laughing, Very good, Mr. Ron Perelman! Does anyone else here have any objections? If not, we can sign it right away!

No objection... Marvel's shareholders shook their heads and said.

Locke Senior nodded when he heard the words, and then looked at Ron Perelman. Ron Perelman said: Okay, then we are ready to sign now, and I will ask the lawyer to draw up a contract for us! He then waved to a middle-aged man in a suit. The middle-aged man He nodded to show his understanding, and then brought two men who were also lawyers to the computer. Draw up a contract on the spot.

After an hour, the contract was finally formed after discussions between the two parties.

The lawyers of both parties checked it and found that there was no problem, so they signed the contract on the spot. Galaxy Films purchased the shares of the major shareholders of Marvel for $5,000, holding 75% of the shares, and the shares held by ordinary shareholders in the stock market were not included. If Galaxy Films wants to wholly own Marvel, it must delist Marvel from the stock market and forcibly acquire the shares of ordinary shareholders!

Henry originally wanted to delist Marvel from the stock market. Naturally, after the acquisition of Marvel was successful, he filed a delisting application with the stock exchange.

Locke Senior was still dealing with these matters in New York, and Henry explained to him: Stan Lee and the main creators of Marvel, you tell them that after Marvel is delisted, they can subscribe for 15% of the shares!

Understood. Locke Senior nodded.

The main creators of Marvel are all talents in the comics industry, and they can work in the company with peace of mind by subscribing for shares.

Chairman, will Marvel go public in the future? Locke Senior asked. In fact, he asked for Marvel employees. Stan Lee and others subscribed for shares. If the company does not make money, And if it is not listed, then subscribing for shares is equivalent to spending money in vain, and they may not be willing.

Henry thought for a while and said, It will be listed, but not in a short time. As we all know, how low Marvel's stock price is at present, it is useless to go public!! At least it has to wait until Marvel generates huge commercial value. After that, we will choose to go public!”

Okay, I see, then we will tell Stan Lee and others now. Locke Senior said.

Yeah! Henry answered lightly, then hung up the phone.

Henry was in the chairman's office of Galaxy Films at the moment, he thought for a while, then picked up the phone again and dialed Bobby Robin's cell phone.

Come to my office!

Okay, Chairman, I'll be right here.

After a while, Bobby Robin knocked on the door and came in.

Chairman, are you looking for me? Bobby Robin asked.

Sit down, Henry said, Marvel has already got it, and the Marvel movie project can start! By the way, Marvel has sold a lot of heroes before, have you sent someone to buy it?

Chairman, you mentioned it last time, and I immediately arranged for people to take back these heroes. Marvel sold the Fantastic Four to Constantine Pictures. In 1992, Constantine Pictures wanted to keep the Fantastic Four. It took 25 days to make a bad movie... This time, we paid $4 million to get the rights to the Fantastic Four. Then, we took back the X-Men from 21st Century Fox. X-Men was sold by Marvel to 21st Century Fox in 1994. When we proposed to take back the copyright of X-Men, 21st Century Fox made a request, but I thought there was no problem and agreed, Otherwise they wouldn't sell to us!

What did 21st Century Fox ask for?

The first three X-Men films allowed 21st Century Fox to participate in the investment, but the distribution rights and film rights belong to us.

Henry thought for a while and said, Well, there's really no problem with this, you can agree. You can continue to talk about the repurchase of other heroes.

Okay, Bobby Robin continued, the rest are some heroes who are not very famous, and we have taken back more than 20 one after another!

What about the copyright of Hulk and Spider-Man? Henry asked.

It shouldn't be sold... Bobby Robin thought for a while and said with certainty, I remember correctly, it shouldn't be sold!!!

Hearing this, Henry pondered. It seems that Marvel should really not sell the rights to Hulk and Spider-Man. As Henry remembers, Marvel didn't start selling superheroes until after it went bankrupt in 1996. Maybe at that time, many superheroes such as Hulk and Spider-Man were sold... Henry couldn't help but be thankful that he had acquired Marvel ahead of time, otherwise, it would be a very troublesome thing to take back the heroes.

Actually, Henry guessed right. After Marvel went bankrupt in 1996, the poor jingle had no choice but to sell superheroes to tide it over. Universal bought the Hulk, and Sony bought Spider-Man. Spider-Man is the most popular hero in Marvel animation. Sony and Marvel have been in talks since 1996. It was not until 1999 that Sony bought the movie rights to Spider-Man for $7 million.

But right now, all the popular heroes belong to Marvel.

Cool, all heroes have it!

(To be continued ~^~)

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