The Almighty Lord Caspian by Cath Nitfisch
Chatper 474
Chapter 474 Turnaround
Morrison Group still had a chance to acquire Southlake Corporation so long as it became the majority shareholder.
They could utilize their authority to remove Willow from the CEO’s position.
“Willow holds the remaining 55% of the shares,” Ginger answered,
Cory immediately froze up on the spot.
He finally realized that Southlake Corporation was different from Morrison Group,
All of Southlake Corporation’s shares were held by Willow alone and were never divided across various investors.
His crazed acquisition of Southlake Corporation’s shares was the dumbest move he could have
made.
“Quick! Liquidize the shares immediately!” Cory angrily shouted,
He finally realized it wasn’t possible to acquire Southlake Corporation.
The only thing he could do now was to liquidize the shares and reinject funds back into Morrison Group.
“Mr. Morrison, Southlake Corporation had been increasing the number of shares, lowering their prices in the process. Selling them off now would be a huge loss of money!” Ginger no longer knew what to do.
Morrison Group had finally burnt itself from playing with fire.
Cory was left dumbfounded, “How is this possible? Why is this happening?”
He had believed that acquiring Southlake Corporation would have been a breeze.
But now, his plans had gone awry, and the enemy came knocking on his door for revenge.
“Mr. Morrison, I have another piece of bad news…” Ginger sheepishly announced,
“Just say it!” Cory glanced at her.
Could there still be worse news than this at this point?
“Southlake Corporation had bought up all of our loose shares on the market.”
amount to 15% of our total shares. They won’t pose a threat to us,” Cory calmly explained.
law that the percentage of shares determined your level of
+15 BONUS
private and offered to buy their shares above the market price…” Ginger’s voice gradually trailed off.
up from his
Group’s weakness was being
the Morrison family didn’t hold at least 50% of the company’s shares.
the market
were in the
shares in the market and convinced the shareholders to sell
family would lose its power and
meeting! I’ll kill
on killing anyone that dared to disobey
carry out her task immediately.
are you standing around for? Get on with
said that we should only contact Southlake Corporation from here on out, including for
as the shareholders in this situation. Anyone would have immediately sold off their
any reason.
there for business and would rather just sell off the shares
they are?” Cory shouted as
table.
lost all
he was done for.
Corporation had acquired more than 50% of the company’s shares, they
2/4
+15 BONUS
them right then and
shareholders and have them follow his orders. But the exact opposite had
all over! Morrison Group is no more!”
that
she realized that Cory couldn’t
when it
a sorry state
door to the
to enter my room without even knocking?”
this is the office of Morrison Group’s CEO? It’s pretty nice!” Caspian walked into the room
a crowd
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