Salute To The General
Chapter 176
Chapter 176 With Me Around No One Will Dare To Bully You
Penny Smith was slightly startled by her husband's reply. However, immediately after, she figured out
the meaning of his words.
If her grandpa and two uncles each held 20% of the company's shares, they would occupy 60% of the
shares in total.
That would make them the majority shareholders of the company, and they would hold the decisive
vote in any matters concerning Cross Corporation.
According to Nathan Cross's counterproposition, the shares that Sean Smith and his sons were entitled
to would only equate to 30% of the company's total shares. That meant that the final decision of any
company matters would still be in Penny Smith's hands.
Sean, Samuel and Paul widened their eyes and said in dissatisfaction, "You mean our nine hundred
million is only worth 30% of your company's shares?"
Nathan Cross replied indifferently, "If you think this is a losing proposition for you, you don't have to
force yourselves to take it up. Besides, even if you become our shareholders, you will only be common
shareholders who receive dividends and would not be involved in making day-to-day decisions."
Sean Smith and his sons' original plan was to own more than half of the company's shares among the
three of them and have a controlling interest in Cross Corporation. This way, it would make it easier for
them to seize the company entirely.
They had not expected Nathan Cross to see through their scheme.
Even though the three men deeply resented Nathan, they hid their true feelings as they had their eyes
on the Cross Group's fortune. Smiling ear to ear, they replied, "Okay, let's just do as you say then."
the very day itself, Penny Smith signed
men would put in nine hundred
total shares.
had dinner together
expression, that she was
time, her eyes
taken care of their family nor had he ever offered
the rest of the Smith family enjoyed with
invest after seeing the potential of the Cross Corporation and the
company was achieving. They merely did not want to miss out
Penny were aware that Leah was unhappy that the old man had
neither of them dared to say anything, as
kept casting glances at Nathan, signaling him
had been growing
only one Leah was likely
asked his mother-in-law, "Mom,
taking
seeing its stellar performance.
problem. We could use the extra funds anyway. It doesn't matter
uncles hold some of the company's shares now, with
to work with, without having to
lead the
console Leah.
what her husband said. "Yeah mom, let me draw an analogy. With
will be able to bake a bigger cake. Even though we have to share a portion of
remaining cake would still be bigger
the additional resources."
still in a bad mood and grumped
Smith begrudgingly kept quiet as her mom turned her head towards
look in
to Nathan, "I don't know anything about business, but I
are up to no good. Sean and
taken advantage of. Nathan, you have to keep an
exploit
comforting smile and replied, "Mom, don't worry.
bully our family."
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