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 a contract with
the three men would put in nine hundred million in total, and occupy 30% of
total shares.
together
she was
time, her eyes were also filled with
husband's dad had never taken care of their family nor had
benefits that the rest of the Smith family enjoyed with
offered to invest after seeing the potential of the Cross Corporation
did not want to miss out on a slice of
unhappy that the old man had
of them dared to say anything, as they did not want
casting glances at Nathan, signaling
growing increasingly fond of
one Leah was likely
as he asked his mother-in-law, "Mom, are you
always taking advantage of us! He wants to have
seeing its stellar performance. Isn't
not a problem. We could use the extra funds anyway. It doesn't matter who the investors
grandpa and uncles hold some of the company's shares now,
Penn now has more resources to work with, without
to achieve more and lead the company to greater heights," Nathan
console Leah.
"Yeah mom, let me draw an analogy. With
to bake a bigger cake. Even though we
still be bigger than the cake we had
the additional resources."
up, Penny!" Leah was still in a
mom turned her
look in her
gentle voice, Leah said to Nathan, "I don't know
up to no good. Sean and Penn
keep an
to exploit
smile and replied, "Mom, don't worry.
bully our family."
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