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.”
shares on the market only amount to 15% of our total shares.
dictated by law that the
+15 BONUS
manager of Southlake Corporation, had been contacting our shareholders in private and offered to buy their shares above the market price…” Ginger’s voice gradually trailed off.
up from
was being
Morrison family didn’t hold at least 50%
shares around the market
remaining 35% were in the hands of individual
Southlake Corporation managed to buy out all the loose shares in the market and convinced the
would lose its power
in for a meeting! I’ll kill anyone
on killing anyone that dared
Ginger didn’t carry out
around for? Get on with it!” Cory
should
would have done the same as the shareholders in this situation. Anyone would have
any reason.
just there for business and would rather just sell off the shares while it was still profitable.
do they think they are?”
table.
he seemed to have lost all his strength as he crumbled onto his chair.
that he was done
50% of the company’s shares, they would be an unchallenged majority shareholder that made the rules.
2/4
+15 BONUS
of them right then and there!”
instill fear into the shareholders and have them follow his orders. But the exact opposite had happened as
It’s all over! Morrison Group is no more!”
seemed like a bereaved dog that had lost all its former glory.
was full of disdain as she realized
current CEO had absolutely zero skills when it came to
a sorry state
the office was
to enter my room without even knocking?”
Morrison Group’s CEO? It’s
crowd
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