Reborn Wealth America

Summer Redstone, the master of Viacom, the founder and owner of a media empire.

He has a wealth of nearly 10 billion US dollars.

This year is 95 years old.

Weeping old.

And his daughter.

Sally Redstone is also 65 years old this year.It can be considered an old man.

And ten years ago.

There was a grievance between the two parties that could be filmed into a TV series.

In 2003, Lei Shidong and his son fell out and conducted a lawsuit that made the onlookers look at them with relish.

Fight to death and death for huge wealth.

Finally, the scheming empire creator, Summer Redstone won.His son was expelled from Viacom Group and only received compensation for some property.

year 2004.

Sally Redstone is regarded as the heir, serving as the CEO of the National Entertainment Company, a family-owned private company that owns a chain of theaters, and most importantly, it is two listed companies, namely Viacom and Columbia The major shareholder of the broadcasting company.As the vice chairman of these two companies, Sally was expected to succeed his father as the chairman.

Even during that honeymoon period, Sally Redstone was very sweetly declared in the media by her father: My daughter is a great business woman.

At that time, everyone outside, including Viacom and CBS herself, felt that Sally Redstone was the helm of her future.

The results did not last long.

The honeymoon period between father and daughter only lasted for less than three years, and they began to clash, and it seemed that it was an irreconcilable one.

The cause of this father-daughter conflict is not clear. It is likely to be multifaceted, but it seems to be around the following issues: Sally Redstone must be recognized by other directors in order to inherit the chairmanship.During her tenure as vice chairman, Sally Redstone tried to tie her father's remuneration to the stock prices of those companies.

There are other issues.

Anyway, the new official took office with three fires, but the fire burned on her old father.The old father got angry and went crazy, then the new official found out:

In the field she is responsible for, there is no place where she can not be controlled by her father.

At the same time, as details about the escalating conflict between Redstone and Sally began to leak out in the media.

The old father eventually became angry and expelled his daughter from his media empire.Even very simply, he and his daughter did a series of cuts.

Redstone wants to buy out her daughter's 20% stake in the National Entertainment Company and completely drive Sally Redstone out.

But at the time, Sally Redstone offered $1.6 billion; Redstone stated that it would only offer a "reasonable" price.

The daughter wants a lot of money before she is willing to leave. The old father, who regards money as his life, is not willing to give his daughter so much money.

The two sides argued for ten years.

until now.

If Abel does not show up, maybe they will eventually grow old with Redstone, and the relationship will be eased.

At that time, Viacom and CBS may still be able to control the Redstone family.

But Abel appeared now.

Moreover, the momentum is compelling, and the hostile takeover will be launched as soon as it comes up, making the future of Viacom and CBS, which were already in danger, more confusing and unpredictable.

After Redstone refused to compromise.

On the one hand, Abel allowed Oasis Investment to continue to acquire shares of Viacom and CBS in the market.

On the one hand, through some public opinion media, I hope to attract attention and make others realize that Lei Shidong actually only owns a small stock of the two companies, but has more than 70% of their control.

This is not reliable!

On the other hand, after John Mellon's prompt, it was another dark operation.

I bypassed Redstone directly and found Sally Redstone, who had been at odds with Redstone, and wanted to acquire the vital National Entertainment Company from the former Vice Chairman of Viacom’s board of directors. stock.

Beverly Hills.

Inside Sally Redstone's house.

Accompanied by Alvertley and Rana, Abel met Redstone’s daughter, Sally Redstone, a 65-year-old woman.

From the face of Sally Lei Shidong, we can see that she and Lei Shidong must be a father and daughter.The two looked very alike, with the same eagle looking at Langgu's eyes, the same blond hair, and the same tall bones. They all knew that they weren't a good match.

"Hello. Ms. Sally." After meeting, after a brief greeting, after introducing each other's identities.

Abel is straight to the point.

"I want you to hold 20% of the National Entertainment Corporation stock. Make a price!"

Sally Redstone was taken aback.

She didn't expect Abel to be so direct.As usual, shouldn't we talk about the weather in Los Angeles today, or some interesting anecdotes in other places, and then talk about it?

Standing behind her were her daughter and son, namely Lei Shidong's grandson and granddaughter.

The faces of the brother and sister were angry.

They absolutely don't want to see their mother and grandpa fall out.If it falls out, it's hard to say about family relationships, and their interests will definitely be harmed.

Originally, they could inherit part of Redstone’s estate. Now if Sally Redstone sells all the stocks in her hand, Redstone gets angry and angers them, if the property is not given to them, it will be troublesome. Up.

Redstone's grandson, Brandon Korff whispered: "Sir, my mother won't sell it! Right? My dear mother!"

Taylor Korff, Redstone's granddaughter, also looked at her mother from top to bottom with pleading eyes.

Seeing their dying struggle, Abel smiled and said to Sally Thunderstone: "I don't know if they can affect your decision. But before you make a decision, there are some things I want you to know."

Snapped!