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.”
about. Let them be. The loose shares on the market only amount
law that the percentage of shares determined your level of
+15 BONUS
shareholders in private and offered to buy their shares above the market price…” Ginger’s voice gradually trailed
up from his chair. “What?”
was
at least 50% of the
market amounted to 15%.
were in
loose shares in the market and convinced the shareholders to sell
lose its power and authority in the
for a meeting! I’ll kill anyone that doesn’t show up!”
intent on killing anyone that dared to
carry out her task
for? Get on with it!”
Morrison, it’s too late. The shareholders have already contacted me about the situation. They even said that we should only contact Southlake Corporation
in this situation. Anyone would have immediately sold off
any reason.
for business and would rather just
Who do they think they are?” Cory shouted as
table.
he seemed to have lost all his strength
he was done
more than 50% of the company’s shares, they would be an unchallenged majority shareholder that made
2/4
+15 BONUS
should’ve killed all of them right
into the shareholders and have them follow his orders. But the exact opposite had happened as they collectively sold their shares to escape his
Group is no more!” Cory wailed.
dog that had lost all
realized that Cory couldn’t even compare to
skills when it came to running
ended up in such a sorry state if Jyn was
the door to the
without even knocking?” Cory cursed aloud,
this is the office of Morrison Group’s CEO? It’s pretty nice!” Caspian
crowd behind him.
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