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Chapter 75 Theory of Relativity

"I know you have concerns." Ronan smiled and said, "Parker, Neil, Wilson, the three major shareholders of your company have a strong desire to sell shares. They have negotiated with my representative for several rounds. The deal will be concluded soon, otherwise I will not meet you."

Garcia also smiled, but did not accept Ronan's words.

Luo Nan said slowly: "Don't worry, you will not become a department of Shahai Entertainment, nor will you become a department manager from the company's head."

Garcia raised her eyebrows, which was a question he really cared about.

Ronan continued: "Embassy Pictures is still Embassy Pictures and will not be incorporated into Shahai Entertainment. Like Shahai Entertainment, it will become a subsidiary of my newly established company."

Hearing this, most of the psychological gap that Garcia imagined disappeared in an instant.

"After the acquisition is completed, the salary of all employees will increase to varying degrees, and the management will increase its salary by 10%. "Ronan saw the changes in Garcia's expression. "I will keep all employees as much as possible. Employees with experience in film distribution are valuable assets."

He thought for a little while and said, "What I want is a company with complete personnel and channels, not a fragmented company."

Garcia finally couldn't help but ask, "Where is the management?"

"It remains unchanged within half a year." Luo Nan is not a fool, after all, he is facing adults in business: "As long as they prove their abilities, their position and salary are not a problem."

Garcia breathed a sigh of relief, the conditions were quite good.

Ronan took the initiative to end the meeting and said, "Mr. Garcia, think about it carefully."

In the following days, the speed of buying Embassy Films suddenly accelerated. Robert was responsible for contacting the three major shareholders, and George always kept in touch with the management of Embassy Films.

Ronan went to Delaware and, with the assistance of a professional team, registered a new company in Delaware - Relativity Entertainment.

If all goes well, the company will become the holding company of Shahai Entertainment and Embassy Films.

Back in Los Angeles, negotiations between Robert and George continued, and Ronan signed an agency agreement with Shengzhi Law Firm to assist the acquisition of Embassy Pictures by the industry's best law firm.

The transactions involving tens of millions of dollars are indispensable for professional teams to provide legal services.

Soon, a mixed news came from Robert. The three major shareholders of Embassy Film Corporation, whose shares accounted for up to 90% of the shares, expressed their willingness to sell their shares, but the asking price was as high as $35 million.

The other party has very good reasons. The Embassy Film not only has a complete distribution system, but also has more than 40 films in the film library.

However, these videos are all independent small productions from overseas. When Embassy Pictures purchased them from overseas, they did not even have a single piece of $200,000.

Ronan proposed a plan to divest the Embassy Film Library from the acquisition...

To be honest, when the funds are not sufficient, this will only make his liquidity short.

The two sides began a brief tug-of-war negotiation. When the price fell to $30 million, the three shareholders were killed and refused to let go.

Ronan knew very well that some factors outside of positive negotiations could also affect the negotiation results.

Especially since 1999, Nasdaq seemed to be crazy, and Internet stocks rose continuously.

Scott has been in contact with Wilson, visited many times, and even invited Wilson to visit the Los Angeles branch of Merrill Lynch.

He specially selected a day when the stock market surged. After get off work, Scott made a special trip to visit Wilson.

"I can only say that everyone entering the market has made too much money." Scott sat on the sofa and said to Wilson: "Yahoo's single stock price has risen by $35 today..."

Hearing the rise of $35 a day, Wilson seemed to see countless dollars flying away from his eyes, so he didn't even hear the data of other stocks Scott said later.

Scott knew very well that it was originally a private work belonging to Ronan Anderson, but now he has seen the possibility of gaining more benefits.

Develop Wilson into his big client!

How many commissions can a client like this provide him with?

So, Scott did this private job very hard.

When Wilson came to his senses, Scott said again: "I don't understand very much, Mr. Wilson, through the communications these days, I found that you have a very keen investment vision, and your observation and analysis of the market are quite accurate. I even noticed that several stocks will rise sharply, but are you only going to be a bystander?"

Wilson never thought of being a bystander.

Scott quietly glanced at him and continued: "Last year, a big client invested tens of millions of dollars, and now his net worth has almost doubled. This is a feast, a veritable feast of wealth."

There was a ray of regret that was flowing in Wilson's heart.

Scott said again: "Mr. Wilson, a rich and wise investor like you, who will lose astronomical profits one day late."

Wilson rubbed his chin and thought seriously, he did not doubt Scott at all, because rich people like him who were interested in investing in the stock market have always attracted those investment managers.

"The time has not come yet." Wilson tried to calm himself down, as if everything was under control: "I will naturally enter the venue when I arrive."

Scott smiled and stopped talking about this topic, instead talking about the recent changes in the stock market.

In the following days, Ronan joined the negotiations with Embassy Pictures. The originally difficult negotiations went a lot smoother, and Embassy Pictures also agreed to divest the film library before selling it.

There are still dozens of low-cost movies from overseas, and some companies are willing to buy them to enrich their own film library.

If Ronan has sufficient funds, he will also buy it.

But he wants to maintain the healthy operation of the capital chain.

Just after Shahai Entertainment held a project launch press conference for "The God of Death", Ronan reached an agreement with the three major shareholders and management of Embassy Films in the negotiations.

The Relativity Company under his name acquired shares of Embassy Films in the hands of three major shareholders and management for a one-time payment of US$25 million.

Embassy Films has also become a subsidiary of Relativity.

According to the agreement between Ronan and Garcia, the Embassy Film Company is still stable, and employees are actually happy to see the company be acquired by a richer boss.

Most people still like better money.

Subsequently, with the assistance of the lawyer team, Ronan also transferred Shahai Entertainment to the Relativity Theory.

Of course, Shahai Entertainment and Embassy Films are two completely independent companies.

Ronan had a deep conversation with Robert, and Robert transferred from Shahai Entertainment to Embassy Films and served as vice president.

If the horse wants to run, he must give it to the horse. Ronan once again increased the treatment of the three veterans and made an option promise.

Shahai Entertainment is very stable. After this change of shares of Embassy Pictures, there will definitely be an adjustment period.

However, compared with the new distribution system, Embassy Film Industry can play a role more quickly and effectively.

After winning the Embassy Film Industry, which has complete distribution channels such as theaters, videotapes and DVDs, Ronan initially gained some market control.

Then, while slowly adjusting and controlling the Embassy Films, Ronan also truly joined the crew of "The God of Death" to lead the preparations for the film.

Due to successful cooperation before, a considerable number of people behind the crew are elderly people from "Human Purge Plan", but some stunt positions also need to be re-recruited.

In terms of actors, the $15 million public budget has attracted the attention of many agents.
Chapter completed!
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