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.”
only amount to 15% of our total
law that the percentage of shares determined your level
+15 BONUS
shareholders in private and offered to buy their shares above the market
from his chair. “What?”
Group’s weakness was being
the Morrison family didn’t hold at least 50% of
shares around the market
remaining 35% were in the
managed to buy out all the loose shares in the market and convinced the shareholders to sell
Morrison family would lose its power and authority in the
kill
on killing anyone that dared to disobey
Ginger didn’t carry out her task immediately.
are you standing around for? Get on
contacted me about the situation. They even said that we should only contact Southlake Corporation from here
situation. Anyone would have
any reason.
just there for business and would rather just
Who do they think they are?” Cory shouted as he
table.
moment, he seemed to have lost all his strength as
knew that he was
50% of the company’s shares, they would be
2/4
+15 BONUS
should’ve killed all of them right then
thought he could instill fear into the shareholders and have them follow his orders. But the
over! Morrison Group is no more!”
seemed like a bereaved dog that had lost all its former
disdain as she realized that Cory couldn’t even compare
skills when it came to
have ended up in such a sorry state
to the office
dares to enter my room without
office of Morrison Group’s CEO? It’s pretty nice!” Caspian
crowd behind him.
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