Chapter 1118: Board of Directors Confrontation

Although everyone knew that Hanks was David Stell's illegitimate son, it was the first time he'd admitted it in public.

Williams Ash said: "Even if you didn't do it, you still have an unshirkable responsibility. We Paramount spent a lot of manpower, material and financial resources to build the TV station and playground, just so Hanks fluttered. Losing to Kung Fu Xiao led to the destruction of the Paramount Entertainment Dynasty. Mr. Stell, what do you think we should do with such a huge loss?"

Eric Kripke, David Stell's hard-core brother, said: "I don't think President Steer should be blamed for this. No one thought about Hanks. It should be an accident."

"Accident?" Williams Ash sneered: "I don't think it was an accident. Hanks' appointment as Paramount CEO was directly appointed by Mr. Stell over the board. If it wasn't for him, with Hanks' talent, it would not be at all. Nothing will happen to him. After the MGM acquisition failed, my proposal to replace Hanks and choose someone else on the board was rejected by Mr. Stell. Now that things have developed to this point, it can be Saying that most of the blame is on Mr. Stell for condoning Hanks too much has cost us a lot. If I were to pay for Hanks' mistakes, I would never agree."

"That's right. I've had problems with my business recently, and I can't afford to lose this much."

"I wouldn't agree either."

"100 billion US dollars is allocated to me, that is 6 billion. I lost 6 billion for no reason, and I will not do it."

Several shareholders were clamouring.

With a stern face, David Stell lifted the glasses on the bridge of his nose and said, "I never thought of asking everyone to take on this hundred billion dollars. Ladies and gentlemen, I would like to introduce a new member of the board of directors, Mr. Benton. ."

Just as David Stell finished speaking, a thin middle-aged man in his forties opened the door of the conference room and walked in from outside.

"Hi everyone, I'm Mark Benton, and it's a pleasure to work with you in the future."

A smile appeared on David Steyer's face,

Dao: "Mr. Benton is the president of the most famous Mark Real Estate Company in Europe and America. I have sold 7% of the shares of Stell Networks to him. I think the reconstruction of the Paramount amusement park can be completely handed over to him. Of course, all the money will be paid by me, and it will definitely not be worse than the previous one. As for the TV station, I will also take care of it. Mr. Ash, do you have any questions?"

Williams Ash's heart sank, but with a smile on his face, he said: "I didn't expect Mr. Benton to become our colleague. With him joining, it is undoubtedly a great thing for us at Stell Networks. A good thing can't be better."

Others have also expressed their welcome.

Mark Benton is the most famous real estate tycoon in Europe and the United States, worth at least 400 billion US dollars, and ranks in the top 20 of the world's richest list, so no one wants to offend him.

Mark Benton stood up, bowed very gentlemanly, and said, "Thank you for your welcome to me, thank you very much."

David Stell clapped his hands and said, "I have a proposal. In order to enable our Stell Networks company to develop faster and better, I want to conduct the fourth round of financing. Do you have any opinions?"

Williams Ash frowned and said, "Is Mr. Benton looking for financing?"

Mark Benton smiled and said, "I can only take out $200 billion at most."

Williams Ash said: "I agree to raise money, but need to prepare."

He is bent on winning Stell Networks, and this financing is naturally a good opportunity.

Other shareholders also have different attitudes, but no one objected.

David Stell smiled and said: "Okay, the financing is settled like this. Let's set a maximum amount, which is a maximum of 200 billion per person. There is a premise that we cannot continue to increase shareholders."

When Williams Ash heard this, he immediately objected: "How to raise funds without increasing shareholders? Are we on our own? Mr. Stell, you suddenly want to monopolize Stell Networks by doing this."

David Stell said: "We now have fourteen shareholders. If we add some more, it will be too much and too complicated, and it will be very unfavorable for the development of our company. In this way, let's raise our hands to vote. I agree with my proposal. Please raise your hand."

"Wow"

Six of the fourteen shareholders raised their hands in agreement, plus David Steyer and Mark Benton, a total of eight, occupying 68% of the shares, far ahead of Williams Ash and others.

Williams Ash's face was so gloomy that water was about to drip.

He was intent on replacing David Stell. He originally planned to attack David Stell directly after handling the Hanks incident. He never wanted to be preempted by him. He is also thinking about further consolidating his position and increasing the voice of the board of directors through financing. This is definitely a bad thing for Williams Ash.

But he is powerless to stop it now, the gap in power balance is still very large, and it is estimated that it will be even bigger after financing.

A glimmer of victory flashed in David Steyer's eyes, and said: "Since everyone agrees, then the matter is settled. Next is the candidate for the CEO of Paramount Pictures. Everyone can speak freely and choose a few. A talented and capable person, and then pick the most suitable one. Now who has a good proposal?"

Ten minutes later, the Paramount Pictures CEO chose Ricky Franklin, who was David Stell's man.

In the end, it is an old man who has been in the business world for decades. In his gestures, he not only resolved the matter with ease, but also regained control of Paramount. The means are really powerful.

David Stell left with Mark Benton satisfied.

Williams Ash sat there quietly, with an indifferent expression, and said in an icy tone: "Paramount Pictures is completely doomed. With the great enemy of David Stell, Xiao will never give it to him. We have a chance. It will turn out that you were completely wrong to help him."

After speaking, Williams Ash stood up and walked out.

Although David Stell's financing was a bit sudden, it might have given him an opportunity.

Although he himself has no money, the most important thing behind the European consortium is probably money.

David Stell's Office

David Stell personally poured a glass of red wine for Mark Benton, picked up a glass himself, touched it, and said, "Thank you."

Mark Benton took a sip and said, "I'm Hanks' uncle, I should help you. Hey, what a pity my nephew."

When David Stell heard this, his eyes flickered with murderous intent, and he said coldly, "This is all good deeds by Kung Fu Xiao, and I will never let him go."

Mark Benton shook his head and said, "We don't have a chance. What Paramount Pictures needs most now is fantastic special effects technology, especially the transformation of the 3D cinema hall. If Xiao doesn't nod his head, the Paramount Cinema will be in big trouble. ... David, we've got people stuck in our necks."

"You're right. I'm going to have a good talk with Ricky about Paramount's development. Mark, Stell Networks is very unstable inside, as you just saw. I'm worried about Williams Ash. Will you use the opportunity of financing to increase your voice on the board?"

"No need to worry about this. Williams Ash has no way to raise funds. His other businesses are very poor, and the only one he can sell is Stell Networks. On the premise of not increasing shareholders, the European consortium has No one was willing to lend him money because Williams Ash didn't have anything to back it up."

"Yeah. That way, the two of us can get another 20 percent share, and I'll have full control of the board. Thank you again, Mark."

After the contest in the board of directors, not only did David Steyer not lose power as Xiao Yunhai expected, but instead took advantage of this opportunity to turn things around. This had to make Xiao Yunhai sigh that this person was indeed powerful. Of course, he wouldn't have the slightest fear.

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