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 to 15% of our total shares. They won’t pose a threat to
was written and dictated by law that the percentage of shares
+15 BONUS
contacting our shareholders in private and offered to buy their shares above the market price…” Ginger’s voice gradually
up from his chair.
Group’s weakness was being exploited.
Morrison family didn’t hold at least 50% of
shares around the market amounted to 15%.
35% were in
Corporation managed to buy out all the loose shares in the market and convinced the shareholders to sell theirs, they would accumulate a higher percentage than the
happened, the Morrison family would lose
meeting! I’ll kill anyone that doesn’t show up!” Cory
was intent on killing anyone that dared to
out her
for? Get on
that we should only
would have done the same as the shareholders in this situation. Anyone would have immediately sold off their shares after witnessing Cory kill their
any reason.
for business and would rather just sell off
do they think they are?” Cory shouted as he punched
table.
moment, he seemed to have lost all his strength as he crumbled onto his chair.
knew that he was done for.
Southlake Corporation had acquired more than 50% of the company’s shares, they would be an unchallenged majority shareholder that made the rules.
2/4
+15 BONUS
killed all of them right then and there!” Cory shouted.
had thought he could instill fear into the shareholders and have them follow his orders. But the exact opposite had happened
It’s all over! Morrison Group
dog that had lost all its
was full of disdain as she realized that Cory couldn’t even compare to
current CEO had absolutely zero skills when it came to running a
ended up in such a sorry state if
the office was pushed open.
room without even knocking?” Cory cursed
the office of Morrison Group’s CEO? It’s pretty nice!” Caspian
a crowd behind
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