Son-In-Law Gets an Upgrade
Chapter 70
Chapter 70 Buying The Jenningses
Even though the chairman didn’t write an IOU, that didn’t mean that she could delay her debts.
The man was an even more intimidating presence than Jack himself.
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“So it looks like the Jenningses really isn’t returning the money, huh?” Jack couldn’t stay quiet any longer. He had never seen such a shameless family.
“Our chairman mentioned that it was okay if you don’t return the money, but in exchange, he’ll buy over sixty–one percent of the Jenningses shares. Based on our calculations, the Jennings family is now worth about one hundred and fifty million at most. If we follow that, then sixty–one percent of your shares will be about ninety–one million five hundred thousand. If we take away the thirty million that you owe us, then we’ll be paying you sixty–one million five hundred thousand,” Jack said with a cold smile.
The Jenningses‘ expressions changed immediately. The Four Seas Corporation was clearly trying to scam them.
The Jennings Corporation had a market value of above three hundred million at its peak. Even now, there was no way the corporation was worth any less than two hundred million.
Added on to the fact that all the Jennings Corporation’s competition had fallen, they would have even more space to improve and expand in the future. They would definitely end up being worth way more than three hundred million.
How could the Four Seas Corporation only calculate one hundred and fifty million as their net value? The amount was outright bullying.
shares to outsiders. We’ll return
the money back in five minutes, then you’ll either sell us your shares or announce bankruptcy.”
Five minutes?
was basically forcing them to sell their shares.
are we going to get thirty
way, you’re all still unaware of how the Wallace family
lightly. “It was because Mr. Wallace offended Ms. Jennings. Our chairman was so furious that he demanded them
crowd’s minds started buzzing. They knew that the Four Seas Corporation had been the one to destroy the Wallace family,
that the chairman of Four Seas Corporation would stand up for
Jenningses were really starting
relationship was from the moment
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70 Buying
the chairman himself was standing
ask your father to lend us thirty million for now?” Demi looked at
was the Jenningses only
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his head. “That’s impossible right now. The bank still hasn’t approved all
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