The Almighty Lord Caspian
Chapter 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.”
be. The loose shares on the market only amount to 15% of our total shares. They
law that the
+15 BONUS
shareholders in private and offered to buy their shares above the market price…” Ginger’s voice
up from his chair.
Group’s weakness was
at least 50% of the company’s
shares around the market amounted
remaining 35% were in the hands of individual
managed to buy out all the loose shares in the market and convinced the shareholders to sell theirs, they
lose its power
I’ll
on killing anyone that dared to
carry
for? Get
They even said that we should only contact Southlake Corporation from here on out, including for meetings…” Ginger sounded
would have immediately sold off their shares after witnessing Cory
any reason.
there for business and would rather just
they think they are?” Cory shouted as he punched
table.
all his strength as he crumbled
he
Corporation had acquired more than 50% of the company’s shares, they
2/4
+15 BONUS
of them right then
could instill fear into the shareholders and have them follow his orders. But
all over! Morrison Group is no more!” Cory
that had
of disdain as she
had absolutely zero skills when it came to
such a sorry state if Jyn was
door to the office
enter my room without even knocking?”
this is the office of Morrison Group’s CEO? It’s pretty nice!” Caspian
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