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%
dictated by law that the percentage of shares determined your
+15 BONUS
Southlake Corporation, had been contacting our shareholders in private and offered to buy their shares above the market price…” Ginger’s voice
up from
weakness was being
at least 50% of the company’s
around the market
35% were in the hands
the loose shares in the market and convinced the shareholders to sell theirs, they would accumulate a higher percentage than
happened, the Morrison family would lose its power and authority in the
a meeting! I’ll kill anyone
on killing anyone that dared to
Ginger didn’t carry
standing around for? Get on
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…”
as the shareholders in this situation. Anyone would have immediately sold off their
any reason.
and would rather just sell
they think
table.
seemed to have lost all his strength as he crumbled
that he was
than 50% of the company’s shares, they would be an unchallenged majority
2/4
+15 BONUS
of
shareholders and have them follow his orders.
over! It’s all over! Morrison Group is
a bereaved dog that had lost all its
expression was full of disdain as she realized that Cory couldn’t
current CEO had absolutely zero skills
up in such a
the door to the
Who dares to enter my room without even
Morrison Group’s CEO? It’s
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