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!
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
this point, Blake was
frowned. “Are you
too far. I’ve been a long-time investor in Beacon, no? I’m only thinking about your own
a crafty
expression contorted in rage when she heard that, her already-cool
here. Pull out if you want. We can complete this project even
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 rights have been transferred to a brand new company, the
how you plan to expand to Capital City, right?
into this project. If it dies in the water, that will be a disaster of epic proportions for
is my bottom line, and that is the most Beacon can compromise. We will not give you
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