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
that the percentage of shares determined your level of
+15 BONUS
contacting our shareholders in private and offered to buy their shares above the market price…” Ginger’s
from his chair.
Group’s weakness was
hold at least 50%
around the market amounted to
were in the hands
buy out all the loose shares in the market and convinced the shareholders to sell theirs, they would accumulate a higher percentage than the Morrison family.
would lose its power and authority in the company.
for a meeting! I’ll kill anyone
was intent on killing anyone that dared to
didn’t carry out her task
Get on with it!” Cory shouted.
late. The shareholders have already contacted me about the situation. They even said that we should only contact Southlake Corporation from here on out, including for meetings…” Ginger
the same as the shareholders in this situation. Anyone would have immediately sold off their shares after witnessing Cory
any reason.
for business and would rather just sell off the shares while it
bastards! Who do they think they are?” Cory shouted as
table.
he seemed to have lost all his strength as he crumbled onto his chair.
knew that he was
the company’s shares, they would be
2/4
+15 BONUS
killed all of them right
have them follow his orders. But the exact opposite had happened as they collectively sold their
Group is no more!” Cory wailed.
a bereaved dog that had lost all its
as she realized
skills when it
ended up in such a sorry state if
door to the office was
Who dares to enter my room without even knocking?”
this is the office of Morrison Group’s CEO? It’s pretty nice!”
crowd behind him.
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