The First Heir
Chapter 534
“According to our current contract, Michaels Corp will only take 30% of the profit. At the board meeting, we decided that if we don’t pull out, we’ll have to pour a lot more resources into this project. That would mean an investment far beyond anything else we’ve risked so far, so we’ll need more potential profit to balance that risk.”
Blake was very adept at reading the room, and his next words immediately shut down the chaos that had erupted in the conference room. “50%! We want 50% of the ROI, and we require Beacon to give us the patent and data for the new drug.”
“Impossible! That’s not how business works! 50% is higher than we can afford. As for the data, we already agreed that it will only ever belong to Beacon!”
Wynn’s expression turned cold and her tone sharp. “You’re violating the contract without reason!”
Wynn was now extremely unfriendly to Blake. He was clearly trying to get everything for nothing!
“That’s just the condition our board proposed. Don’t be quick to anger, Madam Johnston. I’m sure you know better than I do that this project is integral to Beacon’s recalibration, and it’s necessary if Beacon wants to expand to Capital City. After all that time and effort you put into it, I’m sure you won’t let it all go to
Blake was
frowned. “Are you
going too far. I’ve been a long-time investor in Beacon, no? I’m only thinking about your
like a
in rage when she heard that, her already-cool expression dropping to
if you want. We can complete this project even without
the drug, how will you market and sell it later? Don’t think you can rest easy just because you have Anderson Group’s distribution channels in South River District. Although all of Anderson Group’s sales
is how you plan to expand to Capital City, right? If you fail, Beacon might
too much into this project. If it dies in the water, that will be a
That is my bottom line, and
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