“The old-time movie star? I love her!”
“Not as old as Rick, I think, but getting up there. I met them at Vance’s burial a few years back. I’m supposed to plot with Rick about how to save the studio, but now Arrington has pulled this reversal, and I don’t know what to do.”
“What, exactly, is the deal about?” Dino asked.
“I think Rick is going to explain that to us tonight,” Stone replied.
“And then you explain that Arrington is voting against him?”
“God, I hope not. I’ve got to talk seriously to Arrington.”
An hour later, Stone called Arrington at her Virginia horsecountry home.
“Hello?” She sounded sleepy.
“Did I wake you?”
“Not really, I sort of slept in this morning. I’m sorry I got you when you were so tired last night.”
“I’ve recovered now, and I want you to explain to me why you need the money from the sale of your studio stock.”
“Oh, Stone, this is going to sound crazy to you, but I learned yesterday that I have an opportunity to buy a neighboring horse farm and business.”
“What kind of business?”
“Breeding and racing thoroughbreds,” she replied. “Perhaps you’ve heard of it; it’s called Virginia Champion Farms.”
“Yes, I’ve heard of it; it’s just about the biggest racing farm in the country, isn’t it?”
“The biggest outside Kentucky, anyway. The owner, Rex Champion, who’s a friend of mine, is getting on in years and is ready to sell. Horse farms are down in price right now, along with everything else, and this is a wonderful opportunity.”
“How much?”
“I got him down to fifty million dollars.”
Stone was struck dumb.
“Hello? Are you still there?”
“I’m still here; I’m just stunned.”
“My financial adviser says it’s worth sixty million, and that’s what he was asking, but I got him down to fifty. I can’t sell stocks right now, what with the market being the way it is, and my biggest asset is Centurion. This buyer has come along at just the right time.”
“And that’s all you can sell to raise the fifty million?”
“I’m afraid so. Oh, I’m sentimental about the studio, Stone, but I’ve always wanted to be in racing.”
“I thought your only interest in horses was hunting and dressage.”
“Those things cost money; racing horses makes money.”
“Arrington, you’re not a businesswoman, and that’s a big business.”
“The beauty of it is that I get the whole thing intact, with a staff, a board of directors, and all the real estate and stock. In a better year, it would cost seventy-five million!”
“Arrington, let me look into all this. I’m having dinner with Rick Barron tonight, and I want to hear what he has to say, and I can look into Virginia Champion for you, too.”
“Oh, all right, but I’m not going to change my mind about this, Stone. Remember, you’re working for me, not yourself.”