“We have to keep them to make the merger work… I have separate meetings with both of them and let them into the plan”
David Senra · Channeling Rage, Rolling Calls & Building an Entertainment Empire | Ari Emanuel, WME & TKO
Play from 26:43
26:43
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What was described
Held separate one-on-one meetings with dissenting senior partners (Peter Grossleit, Mark Gitkin) to bring them onto the merger side
Said nearby on the same subject
“I ask them, what side of you did they bring out? … if their answer is something like, he brought out my playful side… then I know it was a successful date.”
“‘They call off the merger. SOLS stock goes up about 15% on that news… investors hated it and they called the merger off.’”
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Said on Yet Another Value Podcast
Why it workedstock down ~20% after merger announcement, then up ~15% when merger wa…Share this moment
“If you have specific partners making a ton of money… bring them in house… you're going to be increasing finances time, which puts you on their bad list because now they have more paperwork.”