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.”
on the market only amount to 15% of our total shares.
was written and dictated by law that the percentage of shares
+15 BONUS
Landon, the marketing 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
up from his chair. “What?”
weakness was being exploited.
didn’t hold at least 50% of the
around the market amounted
35% were in the hands of individual shareholders.
market and convinced the shareholders
family would lose its power and authority
the shareholders in for a meeting! I’ll kill anyone that doesn’t show up!”
killing anyone that dared
Ginger didn’t carry out her task immediately.
Get on with
the situation. They even said that we should only contact Southlake Corporation from here on out, including for meetings…” Ginger sounded like she was about to
Anyone would have immediately sold off their shares
any reason.
would rather just sell off the shares while
do they think they are?” Cory shouted as he punched the
table.
next moment, he seemed to have lost all his strength
knew that he was done
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
of them right
had thought he could instill fear into the shareholders and have them follow his orders. But the exact
over! Morrison Group is no more!” Cory
that had lost
disdain as she realized that Cory couldn’t even compare to Jyn.
skills when it came to
a sorry state if Jyn was still
to the office
my room without even knocking?” Cory cursed aloud,
Group’s CEO? It’s pretty nice!” Caspian walked
crowd behind him.
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