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TWDC taking full ownership of DLP? Shareholders Club to close?

Author Topic: TWDC taking full ownership of DLP? Shareholders Club to close?  (Read 1659 times)

A&S&O

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TWDC taking full ownership of DLP? Shareholders Club to close?
« on: September 28, 2015, 05:42:24 PM »
The excellent Salon Mickey is reporting that TWDC subsidiaries are launching a takeover of DLP - https://twitter.com/SalonMickeyBlog

I'm not entirely sure what that means.

Does it mean that shareholders will be made to surrender their shares for Eur1.25, whether they want to or not?

In a way it would be good for the park if it was entirely owned by TWDC.
However, we'd rather remain (small) shareholders than surrender our shares for a cut price and lose the benefits of being members of the shareholders club.

Can anyone shed any more light on this?
« Last Edit: September 30, 2015, 10:32:55 AM by A&S&O »
Planning WDW 2019
1997 DLP x2, 1998 DLP x2, 1999 DLP, 2000 DLP Millenium, 2002 DLP, 2003 DLR, 2004 WDW + DLP, 2005 DLP + DLR, 2006 WDW, 2007 DLP x2, 2008 WDW + DLP x3, 2009 DLP x7, 2010 WDW (+ extra week due to ash cloud!), 2011 DLR, 2012 WDW + DLP, 2013 WDW + DLP, 2014 WDW + DLPx3 (inc. daytrip for Ratatouille preview), 2015 DLR + DLPx3, 2016 WDW + DLP, 2017 WDW x2 + DLP, 2018 WDW + DLP x2. Coming up - ?

norhel

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Re: TWDC taking full ownership of DLP?
« Reply #1 on: September 28, 2015, 06:00:45 PM »
I'm not exactly sure how the French stock market rules are, but probably TWDC would make a offer saying they want to buy the shares with an offer at 1.25 euro. Or they would buy out the reminding stocks no matter what.
Here in Norway it's like that if a company owns 90% or more in a another company they could buy the reminding shares no mather what the other shareholders say.

I agree that it is beneficial if TWDC owns DLP entirely.
That we loose the benefits is unfortunately, but nothing we can do anything about I suspect.

But I had a feeling when this process started last year that TWDC was gonna own DLP entirely after a while.
And with the tweet now, it looks like that is gonna happen. Add the factor that TWDC owns 80% of DLP now.
3 trips to DLP, 2 to WDW, 1 to Disneyland California



A&S&O

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Re: TWDC taking full ownership of DLP?
« Reply #2 on: September 30, 2015, 10:32:21 AM »
The more I think about it, the more likely it is that the Shareholders Club will close. Really disappointing.
Planning WDW 2019
1997 DLP x2, 1998 DLP x2, 1999 DLP, 2000 DLP Millenium, 2002 DLP, 2003 DLR, 2004 WDW + DLP, 2005 DLP + DLR, 2006 WDW, 2007 DLP x2, 2008 WDW + DLP x3, 2009 DLP x7, 2010 WDW (+ extra week due to ash cloud!), 2011 DLR, 2012 WDW + DLP, 2013 WDW + DLP, 2014 WDW + DLPx3 (inc. daytrip for Ratatouille preview), 2015 DLR + DLPx3, 2016 WDW + DLP, 2017 WDW x2 + DLP, 2018 WDW + DLP x2. Coming up - ?

 

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