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!
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 waste,
was
you threatening
too far. I’ve been a long-time investor in Beacon, no? I’m only thinking about your own
smiled like a crafty
heard
there’s nothing left to talk about here. Pull out if you want.
finally sneered at that. “I know you’re a cold and unforgiving woman, Madam Johnston. But you know this project better than anyone, and you know that you can’t continue without our investment. Even if you manage to develop 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
that is how you plan to expand to Capital City, right? If you fail,
right; Beacon had invested too much into this project. If it dies in the water,
before she looked up and said coldly, “40%! That is my bottom line, and that is the most Beacon can compromise. We will not give you the
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