IAIH :: Volume #7

#642: Two time differences

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„Hello, here is the n immediate entertainment story, starting from the end of June, because 2D Animation movie «The Lion King» attains greatly successfully, crest of wave abundant Disney Animation Department and parent company Firefly Group had the huge difference in the animated film development strategy, afterward, the conflict presents the sign that gets stronger and stronger. This Monday, the Firefly creditor alliance that Wall Street famous investor Ron Perelman initiates exerts pressure to Firefly Board of Directors suddenly, requests to capture two creditor director seats in Board of Directors. The request of Firefly creditor alliance has the public support of Disney Animation Department quickly, Disney Animation Department is in charge of Peter Schneider to indicate that introduces the creditor director, can supervise the management and operation of Firefly Group well, preventing the major stockholder to act arbitrarily act without regard for authority, harms the young shareholder, creditor and common interests of Firefly Group several thousand staff.” “大家好,这里是n即时娱乐新闻,从6月底开始,由于2d动画电影《狮子王》的大获成功,风头正盛的迪斯尼动画部门与母公司萤火虫集团在动画电影发展策略上出现了巨大分歧,随后,争端呈现出愈演愈烈的迹象。本周一,华尔街著名投资人罗恩.佩雷尔曼发起的萤火虫债权人联盟突然向萤火虫董事会施压,要求在董事会中获得两个债权人董事席位。萤火虫债权人联盟的要求很快得到迪斯尼动画部门的公开支持,迪斯尼动画部门主管彼得.施耐德表示引入债权人董事,可以更好地监督萤火虫集团的管理和运营,防止大股东独断专行恣意妄为,损害小股东、债权人和萤火虫集团数万员工的共同利益。” In Beverly Hills Manor some mansion is conducting one time small on the cocktail party, participates in Ron Perelman, Roy Disney and the Peter Schneider three people cocktail party with other guests together, in the hand is swinging the stem glass, have a relish gazes is laid aside in the open-air location specially is broadcasting the n news the television, seems waiting for anything. 比弗利山庄的某栋豪宅里正在举办着一次小型就酒会,参加酒会的罗恩.佩雷尔曼、罗伊.迪斯尼和彼得.施耐德三人和其他一些宾客一起,手中摇着高脚杯,饶有兴致地注视着专门被放置在露天场地上正在播放n新闻的电视机,似乎在等待着什么。 In the television screen, the director summarizes the news process , to continue saying: „After «The Lion King» Box Office broke last week United States native place animated film Box Office records, the Firefly spokesman openly said that today will be «The Lion King» conducts grand celebration party in Hollywood Susnet Tower Hotel, the field generally guessed this party will conduct represents Firefly Group to start to Disney Animation Department to compromise, but this afternoon, Disney Animation Department all staff will issue the statement in «Los Angeles Evening news». In order to declare support for the Firefly creditor alliance moves into Firefly Board of Directors. Disney Animation Department all staff will refuse to participate in this party. At present is west the time 19 : 15, how the special details, please look at this station reporter from the cover live of Hollywood Sunset Boulevard sending back......” 电视屏幕里,主持人简述完新闻经过,紧接着继续说道:“《狮子王》上周票房打破美国本土动画电影票房纪录之后,萤火虫发言人公开表示,今天将在好莱坞日落塔酒店为《狮子王》举办盛大的庆功派对,业界普遍猜测这次派对的举办代表着萤火虫集团开始向迪斯尼动画部门妥协,但今天下午,迪斯尼动画部门所有员工在《洛杉矶晚报》发表声明。为了声援萤火虫债权人联盟入驻萤火虫董事会。迪斯尼动画部门所有员工将拒绝参加这次派对。目前已经是西部时间19:15,具体情况如何,请看本台记者从好莱坞日落大道发回的现场报道……” The television picture cuts is Los Angeles of sun set, grasps the microphone to stand Reporter n before Susnet Tower Hotel said: „Director is good, viewer friends hello, we can see, should be extremely busy Susnet Tower Hotel in fact with past not any difference, before 15 minutes. A Firefly spokesman announced that cancels tonight's «The Lion King» urgently celebrates party. However, before seven o'clock, Eric Williams, Jeffrey Katzenberg and other Firefly high-level private cars successively appears in the Susnet Tower Hotel parking lot, we guessed that this is the Firefly high level is carrying on final striving, but is very obvious, this type ends in failure diligently, until now, we had not discovered that any Disney Animation Department high level and staff appear in Susnet Tower Hotel.” 电视画面切到已经是日暮时分的洛杉矶,手持话筒站在日落塔酒店前的n记者说道:“主持人好,观众朋友们大家好,我们可以看到,本该是热闹非凡的日落塔酒店实际上与以往没有任何区别,在15分钟之前。萤火虫一位发言人宣布紧急取消今晚的《狮子王》庆祝派对。不过,在七点钟以前,艾瑞克.威廉姆斯、杰弗瑞.卡森伯格等萤火虫高层的座驾还是陆续出现在日落塔酒店停车场,我们猜测这是萤火虫高层在进行最后的争取,但很显然,这种努力以失败告终,到现在为止,我们没有发现任何迪斯尼动画部门的高层和员工出现在日落塔酒店。” Looks in the television screen entrance desolate Susnet Tower Hotel, Peter Schneider somewhat was worrying suddenly one do has gone too far, he is not worried to offend Eric. Even if leaves Firefly, he thought that under he can also find the home. But at present this situation, as if to own benefit not too big advantage. 望着电视屏幕中门庭冷落的日落塔酒店,彼得.施耐德突然有些担忧自己是不是做的太过火了,他并不担心得罪艾瑞克。即使离开萤火虫,他觉得自己也能找到下家。但眼下这种局势,似乎对自己的利益并没有太大的好处。 Noted the Peter Schneider look change Roy Disney to pat the racket on his shoulder, said: „Peter, thinks how in the two years Eric Williams treats our . Moreover, so long as Ron they win two Board of Directors seats, the Disney animation continues maintains the profit, we do not need scruples anything.” 注意到彼得.施耐德神色变化的罗伊.迪斯尼在他肩膀上拍了拍,说道:“彼得,想想这两年艾瑞克.威廉姆斯是怎么对待我们的吧,而且,只要罗恩他们拿到两个董事会席位,迪斯尼动画持续保持盈利,我们就不必顾忌什么。” Similar to Ron Perelman that the maitreya buddha same is all smiles also said as before: „Relax, Peter, so long as we win two Board of Directors seats, then the directors of Firefly 11 people of director Central Africa Eric Williams influences achieve 5 people, we can also seize the chance to cultivate our influence in Firefly. When the time comes, even if Eric Williams has the Firefly absolute holding power, does not dare to brave to make Firefly have the turbulent risk to make any extreme action.” 依旧如同弥勒佛一样笑容满面的罗恩.佩雷尔曼也说道:“放心吧,彼得,只要我们拿到两个董事会席位,那么萤火虫11人的董事中非艾瑞克.威廉姆斯势力的董事就达到5人之多,我们还可以趁机在萤火虫内部培植自己的势力。到时候,哪怕艾瑞克.威廉姆斯拥有萤火虫的绝对控股权,也不敢冒着让萤火虫发生动荡的风险作出什么过激的举动。” Peter Schneider relaxes nodded, Roy Disney holds up the stem glass in hand immediately, said: „That, for our common goals, I suggested that everybody raises glass together.” 彼得.施耐德放松地点了点头,罗伊.迪斯尼随即举起手中的高脚杯,道:“那么,为了我们共同的目标,我建议大家一起举杯。” The majority of attending this small cocktail party is the Firefly creditor representative, hears the Roy Disney words, will echo, just the television picture of that news suddenly had the change in the broadcast as before. 参加这次小型酒会的大部分都是萤火虫的债权人代表,听到罗伊.迪斯尼的话,正要纷纷附和,依旧在播放刚刚那则新闻的电视画面突然出现了变化。 In the screen, scattered all media reporter near Susnet Tower Hotel as if to feel the nail of magnet suction, suddenly before the Susnet Tower Hotel front door wells up, in the reporter group, in n TV Station some live transmission scene of swaying presented the Eric form quickly. 屏幕中,原本散落在日落塔酒店附近的各方媒体记者仿佛感受到了磁铁吸力的钉子,突然之间向日落塔酒店大门前涌去,记者群中,n电视台有些摇晃的直播镜头中很快出现了艾瑞克的身影。 Eric in picture unemotionally is protected by the bodyguards in the middle, waited for after the surrounding reporter is peaceful, Eric closely is staring at the camera scene, as if in staring at certain people before television, the expression sinks said strongly fragrant: „Such being the case, then 9 : 00 am, Firefly will hold the press conference, welcome these popular and persona non grata arrives together.” 画面中的艾瑞克面无表情地被保镖们护在中间,等待周围记者安静下来之后,艾瑞克才紧紧盯着摄影机镜头,仿佛在凝视电视机前的某些人,语气沉郁地说道:“既然如此,那么明天早上九点,萤火虫将召开新闻发布会,欢迎的那些受欢迎的和不受欢迎的人一起到场。” Eric throws down these words, in a hurry sneaked in own private car under the guard of bodyguard. 艾瑞克丢下这句话,就在保镖的护卫下匆匆钻进了自己的座驾。 Before the television, planned raises glass one group of people of celebration to look at each other in blank diamay, even if experienced and careful Roy Disney, in the heart has one not good premonition. As to the Disney significance unusual Disney Family member, Roy Disney and Eric has the multiple contact, Eric in his impression has had distantly surmounts the calm of contemporaries, even if is precocious, Roy Disney has to acknowledge that Eric is only a less than 25 -year-old full of vigor youth, if Eric impulses to decide fight in which both sides perish for a while, he will possibly lose all. 电视机前,本来打算举杯庆祝的一群人面面相觑,哪怕是老谋深算的罗伊.迪斯尼,心中都产生一种不太好的预感。作为对迪斯尼意义非常的迪斯尼家族的成员,罗伊.迪斯尼与艾瑞克有过多次接触,在他的印象里艾瑞克一直都有着远远超越同龄人的沉稳,但即使再早熟,罗伊.迪斯尼还是不得不承认,艾瑞克只是一个不到25岁血气方刚的青年,万一艾瑞克一时冲动决定鱼死网破,那他很可能会鸡飞蛋打。 Because this anxiety, Roy Disney an evening cannot the rest be good afterward, next morning, Roy Disney will then get out of bed to turn on the television, waited till nine o'clock patiently, the n news station presented the scene of Firefly Headquarters release conference hall on time. 因为这种焦虑,罗伊.迪斯尼随后一晚上都没能休息好,第二天一大早,罗伊.迪斯尼便起床打开了电视机,耐心地等到九点钟,n的新闻台准时出现了萤火虫总部发布会大厅的场景。 „At present, Firefly Group had the Marvel Entertainment 17% debts, as the Marvel Entertainment important creditor, we discovered that Marvel Entertainment in the first half of 1994 the operation loss quota has surpassed 24 million USD , the Marvel Entertainment stock price continues to lower, amounted to the 553 million USD debt to Marvel Entertainment, stock value insufficient 300 million USD Marvel Entertainment presented serious being unable to pay debts with their assets, according to federal law of corporation. While issuing statement. Firefly Group will file the charge to the New York local court that Marvel Entertainment is . The request from instantly implements to force the bankruptcy protection to Marvel Entertainment. Meanwhile, we discovered develops the huge debt that to finance for the company by Marvel Entertainment parent company Andrews Holdings Ltd. is invaded contrary, the behavior that this type seriously violates the bond trade law directly caused Marvel Entertainment current to be on the verge of the bankrupt the predicament, therefore, Firefly will file the charge in accordance with the law, must make Andrews Holdings Ltd. pay the proper price for own illegal activity inevitably.” “目前,萤火虫集团已经持有漫威娱乐17%的债务,作为漫威娱乐的重要债权人,我们发现,漫威娱乐1994年上半年度的运营亏损额度就已经超过2400万美元,并且,漫威娱乐的股价持续下挫,相对于漫威娱乐总计5.53亿美元的债务,股票市值不足三亿美元的漫威娱乐已经出现了严重的资不抵债,按照联邦公司法。在发表声明的同时。萤火虫集团将向漫威娱乐所在的纽约地方法院提起诉讼。要求从即刻起对漫威娱乐实施强制破产保护。同时,我们发现用于公司发展的巨额债务融资被漫威娱乐母公司安德鲁斯控股公司违规侵占,这种严重违反债券交易法的行为直接造成了漫威娱乐当前濒临破产的窘境,因此,萤火虫将依法提起诉讼,势必要让安德鲁斯控股公司为自己的违法行为付出应有的代价。” Roy Disney listens to the television Katzenberg to read the text patiently, worried all night is relaxed immediately, in this statement has not mentioned Disney Animation Department slightly. This indicated that the Firefly high level does not have the plan of fight in which both sides perish. 罗伊.迪斯尼耐心地听电视机里卡森伯格念完发言稿,担忧了一整夜的心情顿时放松下来,这则声明中丝毫没有提到迪斯尼动画部门。这说明萤火虫高层并没有鱼死网破的打算。 However, Roy Disney has had the doubts to the goal of this speech, he can hear, this should be retaliation of Firefly to the Ron Perelman behavior, but many details he is not quite clear, therefore has picked up the phone, has dialed the number of oneself personal attorney. 不过,紧接着罗伊.迪斯尼又对这番发言的目的产生了疑惑,他能够听得出来,这应该是萤火虫对罗恩.佩雷尔曼行为的报复,但很多细节他却不太明白,于是拿起了电话,拨通了自己私人律师的号码。 After a personal attorney's explanation, Roy Disney is understands. 经过私人律师的一番讲解,罗伊.迪斯尼才算明白过来。 According to the United States law of corporation, in a company appears is unable to pay debts with their assets seriously, and in situation of achievement continually loss, the creditor has the right to request to the company implements the compulsory bankruptcy protection. The bankruptcy protection and goes bankrupt to criticize differently, the bankruptcy protection is equal to the creditor gives the debtor buffer period before a bankrupt settlement. Let the repayment of debtor's the reorganization and debt on company proposes the related plan in certain deadline, but this plan, once still cannot have the effect, then this company faces is the bankrupt settlement. 根据美国的公司法,在一家公司出现严重资不抵债并且业绩持续亏损的情况下,债权人有权要求对公司实施强制性的破产保护。破产保护与破产清算不同,破产保护相当于债权人给债务人一个在破产清算前的缓冲期。让债务人在一定期限内就公司的重组和债务的偿还提出相关的方案,但这种方案一旦仍旧不能起效,那么这家公司紧接着面临的便是破产清算。 Firefly Group proposed main purpose that Marvel Entertainment forces the bankruptcy protection, is similar to Ron Perelman, similarly to gain the Marvel domination as creditor. However, what is different from the Ron Perelman way, the difficult position that because Marvel is unable to pay debts with their assets, the demand of Firefly Group will have the support of federal court. 萤火虫集团提出漫威娱乐强制破产保护的主要目的,和罗恩.佩雷尔曼类似,同样是为了以债权人的身份获取漫威的控制权。不过,与罗恩.佩雷尔曼的方式不同的是,因为漫威资不抵债的困境,萤火虫集团的这种诉求将得到联邦法院的支持。 Once Firefly Group captures the Marvel domination, Andrews Holdings Ltd. will take Marvel debt financing contrary the soft rib becomes Firefly Group will also attack the Ron Perelman important handle. Andrews Holdings Ltd. not only need faced with returning the Marvel financing fund, will also face the Federal Securities and Exchange Commission large amount fine, this is the final Assassin's mace. 一旦萤火虫集团夺取漫威的控制权,安德鲁斯控股公司违规占用漫威债务融资的软肋也将成为萤火虫集团攻击罗恩.佩雷尔曼的重要把柄。安德鲁斯控股公司不但要面临退还漫威的融资款项,还将面临联邦证券交易委员会的巨额罚金,这才是最后的杀手锏。 As a financing supervision very severe country, takes may not crack a joke absolutely the general several hundred thousand USD fines that contrary several billions USD financing funds must face, once the charge confirmed that even if a property counts the 10 billion USD industry magnate, was possibly punished by the color to the situation of having a fracture. 作为一个融资监管非常严厉的国家,违规占用数亿美元融资款项所要面临的可绝对不是开玩笑一般的几十万美元罚款,一旦罪名证实,哪怕是一家资产数百亿美元的行业巨头,也可能被色罚到伤筋动骨的地步。 At this time, Beverly Hills Manor held in the mansion of cocktail party last night, put on Ron Perelman of night clothes not to have the past calm look as before, grasped the arm of microphone instead to have one type tremor that because frightened and had angrily, after Firefly Group issued this statement, Berkshire Hathaway and say|way rich Universal fund as well as the Firefly investment company and other companies, respectively have issued similar statement as creditor, the Marvel Entertainment bond that these companies had approached 90%, once the New York local court determined the demand of Firefly Group to be reasonable, Ron Perelman knows one linked among other creditors rotates an below the leeway not. 此时,比弗利山庄昨晚召开酒会的豪宅里,依旧穿着睡衣的罗恩.佩雷尔曼已经没有了以往的淡定神色,握着话筒的手臂反而带着一种因为恐惧和愤怒而产生的颤动,在萤火虫集团发表这则声明之后,紧接着,伯克希尔.哈撒韦、道富环球基金以及萤火虫投资公司等几家公司,分别以债权人的身份发表了类似的声明,这些公司持有的漫威娱乐债券已经接近90%,一旦纽约地方法院判定萤火虫集团的诉求合理,罗恩.佩雷尔曼知道自己连在其他债权人之间回转一下的余地都没有。 „Avi, I take an explanation, why I to the present know that this matter, 90% bond transfers of ownership, I should not be informed ahead of time, why did you tell me this are?” After a Marvel CEO Avi Arad anger roared, Ron Perelman bears the temper to listen to the explanation of opposite party, Pā the microphone to fall on the tabletop. “阿维,我要一个解释,为什么我到现在才知道这件事,90%的债券所有权转让,难道我提前不应该得到通知吗,你告诉我这是为什么？”向漫威eo阿维.阿拉德一番愤怒地咆哮之后,罗恩.佩雷尔曼耐着性子听完对方的解释,啪的一声将话筒摔在桌面上。 The explanation that Avi Arad to Ron Perelman was other Firefly and several creditor organization recent several days the related debt transfer statement will submit to Marvel Entertainment, Marvel also prepares the related document at this time, because Ron Perelman came Los Angeles, promptly has not delivered to his hand. 阿维.阿拉德给罗恩.佩雷尔曼的解释是萤火虫和其他几位债权人机构最近几天才将相关的债务转让声明递交给漫威娱乐,漫威此时也准备好了相关文件,只是因为罗恩.佩雷尔曼来了洛杉矶,才没有及时送到他手上。 Ron Perelman had discovered keenly in the Avi Arad words presented two time differences, Firefly and Berkshire Hathaway and other aspects had used a reasonable time difference, after the creditor's rights transfer became effective in the legal time limit written to inform Marvel Entertainment, then, Marvel CEO Avi Arad has made a time difference once more, further delay Ron Perelman learning news time. 罗恩.佩雷尔曼敏锐地发现了阿维.阿拉德话里出现了两个时间差,萤火虫和伯克希尔.哈撒韦等方面利用了一个合理的时间差,在债权转让生效后的法定期限之内书面告知了漫威娱乐,然后,漫威的eo阿维.阿拉德再次制造了一个时间差,进一步延迟了罗恩.佩雷尔曼获知消息的时间。 Ron Perelman discovered situation that one face as if imagination is more awful, if guessed that right, Avi Arad had possibly won over by Firefly Group, once the fact so, he likely will come a big cropper on Marvel Entertainment. 罗恩.佩雷尔曼发现自己面临的情况似乎比想象中的还要糟糕,如果猜测没错的话,阿维.阿拉德很可能已经被萤火虫集团拉拢过去,一旦事实真的如此,他很可能会在漫威娱乐身上栽一个大跟头。 Transferred in the bedroom anxiously several, Ron Perelman has patted suddenly own bald, he realized suddenly that Firefly Group at least started the layout one month ago, then he had discovered two possibilities, one type was Firefly Group one month ago, realized that he wanted to enter Firefly Board of Directors using the Disney Animation Department event, therefore ahead of time layout guard in not however. But another possibility, Firefly Group had already produced the heart of coveting to Marvel. 焦躁地在卧室里转了几圈,罗恩.佩雷尔曼突然拍了一下自己的光头,他突然意识到,萤火虫集团至少在一个月以前就已经开始布局,那么他又发现了两种可能性,一种是萤火虫集团在一个月之前,就意识到他想要利用迪斯尼动画部门事件进驻萤火虫董事会,于是提前布局防范于未然。而另一种可能,萤火虫集团早就对漫威产生了觊觎之心。 After distributing over five hundred million USD bond rich funds, Marvel did not have any value in the Ron Perelman eye, is only the mess that can throw off conveniently, Ron Perelman even little is paying merely attention to the management of Marvel. If Firefly Group has this idea similarly, the goal that then the opposite party such makes, likely to let him gives way before difficulties, no longer covets the Firefly Group director seat. 在发行了超过五亿美元的债券丰厚的资金之后,漫威在罗恩.佩雷尔曼眼中已经没有了任何价值,仅仅只是一个随手可以甩掉的烂摊子,罗恩.佩雷尔曼甚至很少在关注漫威的经营。如果萤火虫集团同样持有这种观念,那么对方这么做的目的,很可能就是为了让他知难而退,不再觊觎萤火虫集团的董事席位。 In the mind measured rapidly, Ron Perelman had discovered keenly that the first possibility was low, if to use Marvel this flaw merely forced him to receive the hand, Firefly Group and Berkshire Hathaway these companies did not need to buy in the close 90% Marvel bonds, this was five hundred million USD cashes. 脑海中迅速权衡了一番,罗恩.佩雷尔曼敏锐地发现,第一种可能性非常低,如果仅仅只是为了利用漫威这个破绽逼迫他收手,萤火虫集团和伯克希尔.哈撒韦这些公司根本不用吸纳接近90%的漫威债券,这可是五亿美元现金啊。 In the Ron Perelman eye, the present Marvel five hundred million USD half are unworthy continually, to be honest, if now some people put out five hundred million USD, Ron Perelman thought one lose Marvel to the opposite party immediately. 在罗恩.佩雷尔曼眼中,现在的漫威连五亿美元的一半都不值,说实话,现在如果有人拿出五亿美元,罗恩.佩雷尔曼觉得自己会立刻把漫威丢给对方。 Once the Firefly Group goal were the just second possibility, then, these five hundred million USD have been explained immediately. 而一旦萤火虫集团的目的是刚刚的第二种可能,那么,这五亿美元立刻就得到解释了。 The present issue is, why Firefly Group wants Marvel, why also gets rid in this very sensitive opportunity at present? 现在的问题是,萤火虫集团为什么想要漫威,又为什么会在目前这种非常敏感的时机出手？ They did not fear that Disney Animation Department does present the accident? 难道他们就不怕迪斯尼动画部门出现变故吗？ Some people thought that Marvel is more valuable than Disney Animation Department? 或者,有人觉得漫威比迪斯尼动画部门还要值钱？ The frequency that Ron Perelman paces is getting more and more slow, quick, he picks up the phone once more, bypasses Avi Arad, has dialed the number of Marvel another head.( To be continued.) 罗恩.佩雷尔曼踱步的频率越来越慢,很快,他再次拿起电话,绕过阿维.阿拉德,拨通了漫威另外一位负责人的号码。(未完待续。)
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