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
dictated by law that the
+15 BONUS
of Southlake Corporation, had been contacting our shareholders in private and offered
from
weakness was
at least 50% of
the market
in
market and convinced the shareholders to sell theirs,
the Morrison family would lose its power and authority
meeting! I’ll kill anyone that doesn’t show up!”
was intent on killing anyone that
Ginger didn’t carry out
around for? Get on with it!” Cory shouted.
should only contact Southlake Corporation from here
have done the same as the shareholders in this situation. Anyone would have immediately sold
any reason.
just sell off the shares while it was still profitable.
they think they are?” Cory shouted
table.
all his strength as he crumbled onto his
that he
had acquired more than 50% of the company’s shares, they would be an unchallenged majority
2/4
+15 BONUS
killed all of them right then
had thought he could instill fear into the shareholders and have them follow his orders. But the exact opposite had happened as they collectively sold their shares to escape his
It’s all over! Morrison Group is no
dog that had lost all its former glory.
was full of disdain as she realized that Cory couldn’t even compare to Jyn.
skills when it came to running a
up in such a sorry state if Jyn was still the
the door to the office
my room without even knocking?” Cory
the office of Morrison Group’s CEO? It’s pretty nice!” Caspian walked into
crowd
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