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.”
amount to 15% of our total shares. They won’t
and dictated by law that the percentage of shares determined your level of
+15 BONUS
and offered to buy their shares above the market
stood up from his
Group’s weakness was
family didn’t hold at least 50% of the company’s shares.
the market
35% were in the hands
the market and convinced the shareholders to sell theirs, they would accumulate a higher percentage than the
that happened, the Morrison family would lose
I’ll kill anyone that doesn’t
intent on killing anyone that dared to
didn’t carry out her
Get on
should
have done the same as the shareholders in this situation. Anyone would have immediately sold off their shares after witnessing Cory kill
any reason.
business and would rather just sell off
Who do they think they are?” Cory shouted as he punched
table.
next moment, he seemed to have lost all his strength as he crumbled onto
knew that he was
had acquired more than 50% of the company’s shares, they would be an unchallenged majority
2/4
+15 BONUS
of them right then
his orders. But the exact opposite had happened as they
It’s all over! Morrison Group is no more!” Cory
like a bereaved dog that had lost all its former glory.
of disdain as she realized that Cory couldn’t
zero skills when it came to
Group wouldn’t have ended up in such a sorry state if Jyn
door to the office was
without even
office of Morrison Group’s CEO? It’s pretty
crowd behind him.
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