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Chapter 353: Paramount Gets It(1/2)

Buffett said, "I only look at whether a company has the right to price it. What is the CEO's name sometimes is not within my consideration."

This sentence is replaced by Abel's words: "I only look at the ownership of a company and the proportion of its control and shares. The board members and even the chairman of the board, who are they? They are not within my consideration at all!"

If you lose some false names.

You can make a name for the company at a very small price and attract outstanding talents. So what's wrong with abandoning these false names?

A Paramount honorary director exchange for two $20 million film contracts by Robert Downey Jr. is a loss-making deal for those who value the company's board of directors.

But for Abel.

This is definitely a big profit.

If there are other people who are willing to reduce their pay and participate in Paramount's movies in the future, the price will be similar to the honorary director of Paramount.

He definitely wanted to.

Of course.

It’s better to be lacking than to be excessive.

This kind of position as a nominal director is still valuable when there are fewer numbers. If there are more and even the whole of Hollywood is such a honorary director, it will be worthless.

Can get this treatment.

Not to mention the top-notch ones who are Robert Downey Jr., they must at least be first-line celebrities, such as Brother Tom Tsai not far away.

but……

If it is a beauty, such as Gal Gadot next to him, or Anne Hathaway next to him, or Emma Watson next to him.

If they want.

It is possible to get such treatment. Not to mention being able to get the responsibilities of the executive director of the Viacom board of directors like Elizabeth, at least a nominal director of Paramount is fine.

As for the price to be paid.

Anyone who is an adult will understand.

Abel and Robert Downey Jr. had just reached an agreement and wanted to continue talking to Gal Gadot when the meeting hall transformed from the golden hall of the Central Hilton Hotel was transformed, with two teams of people walking out of each side above the front row.

On the left is Oasis Investment, led by Alvertley and Rana, as well as some accounting and legal teams.

On the right is Viacom's CEO and COO, who also follows a group of legal and accounting teams.

Two teams of people.

At about the same speed.

Walk to the conference table above that had already been arranged to sign the contract, then find the seat with their names written on it and sit down.

More than ten seconds passed.

Alfretley, general manager of Oasis Investment, picked up the microphone in front of him and tested the sound.

He spoke.

"Welcome to everyone..."

"Today, whether it is an investment in Oasis, Viacom, or Paramount, it is an extremely important day!"

"Because after a series of friendly negotiations, Viacom Group is preparing to sell Paramount to Oasis Investment at the current market price!"

"Please come here. The first is to let you witness this important day. The second is that after the contract exchange is completed, I will temporarily announce a series of new plans for the new Paramount as acting president!"

"This plan is closely related to you!"

With Alvertley's opening remark briefly paused.

The meeting scene of the transformation of the golden hall of the Central Hilton Hotel was filled with warm applause.

After Abel's tricks, the big-name stars who were invited became very interested in the emergence of the New Paramount after Abel's tricks.

A new capital giant is going to enter the media industry and become one of the six major Hollywood parent companies.

This is like a new giant crocodile entering the pond in Hollywood. This kind of thing is extremely unpleasant for other giant crocodiles who originally lived in this pond, and they want to compete for food with them.

But for those little shrimps.

Although the emergence of new crocodiles will cause the death of a group of small shrimps. However, the battle between large shrimps and large shrimps can often create floating corpses that will make many small shrimps eat. This is not a benefit for the small shrimps at the bottom of the food chain.

As long as you are not involved in the battle between the giants and become victims, such things often mean opportunities for the little shrimps.

After applause.

Alford's gentlemanly demeanor, bending over, said with a smile: "Next, please invite Mr. Philip, CEO of Viacom, to speak with Mr. Thomas!"

There was another round of applause.

Just this kind of applause, Viacom's two representatives would not like it.

Don't like it or not.

And you can't really stop talking.

That would be really rude. They are not Leishidong, they are just representatives and managers, and they are not qualified to do something outrageous.

President Philip had no choice but to stand up.

Pick up the microphone in front of him.

"I don't think I have anything to say. I'm just here on behalf of Viacom and Mr. Redstone today."

He turned his head and looked at Alvertley.

Expressionless face.

“I think we can start.”

"Of course! Of course! Of course!"

Alvertley smiled, completely opposite to the other person's expression, after all, his boss was the winner.

Alvertley looked down, searching in the crowd for a while, and finally found his boss between Anne Hathaway and Gal Gadot.

He saw the boss nodding at him.

Alvertley was very calm.

He quickly said, "So since Mr. Philip is in such a hurry, I think the agreement to sign the contract can officially begin!"

“Let’s start…”

Alvertley told the legal and accounting teams between the two parties.

Then the legal teams and accounting teams of both parties quickly began to check the contracts that had been prepared on the desktop. Amid a burst of nervous whispers, the contract inspection was quickly completed.

After all, it is just a scene now. The real secret transactions and open and secret struggles have long been resolved under the table. In the history of business, it has rarely appeared. When it comes to signing a contract, some people on both sides will repent.

If that's true.

It's really a situation that never ends.

About ten minutes later.

Whether it is the legal team of Oasis Investment or the legal team of Viacom, they all confirm that there is no problem with the contract on the desktop, and it is a contract that has been agreed upon by both parties.

So...

Everything that follows is natural.

Oasis Investment is represented by Alvertley, and Viacom, represented by the CEO and COO, each signed the company's legal constitution on the contract.

One of the top six Hollywoods has been confirmed.

Paramount's new belonging.

Contract provisions.

1. Oasis Investment will acquire 91.33% of Paramount and its theaters from Viacom at a market price of US$8 billion.

2. After Paramount separated from Viacom, if he chose a partner in the industry within three years, other companies under Viacom must be the first choice.

3. All the current cooperation between Paramount and Viacom must continue within one year.

4. In Paramount’s ongoing project, Viacom has participated in the investment, and Viacom’s interests must be guaranteed after separation.

5. Green State Investment’s funds for Paramount acquisition must be fully cash and transferred to Viacom’s account within 15 days.

Six, Viacom will...

The entire contract, various details and conditions, add up to 100 items. The above list is only the most important and core items.

All other all-inclusive treaties are carefully divided into all responsibilities and obligations under the calculations of Jinrui’s legal team and accounting team of both parties.

The details of such large groups and large companies, whether they are acquisitions or mergers, are often detailed in the ownership of a cup between two companies.

In terms of property.

European and American laws must always be calculated clearly.

Although sometimes, in order to calculate the ownership rights of a small project, asking the legal team and accounting team for money is often higher than the investment in this project...

For example this time.
To be continued...
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