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!
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 waste, right? Why don’t you give it
was barely veiling his
frowned. “Are you threatening me,
that’s going too far. I’ve been a long-time investor in Beacon, no?
like a
when she heard that, her already-cool expression dropping
here. Pull out if you want. We can complete this project even
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 rights have been transferred to a brand new company, the Michaels from Golden City distribute 30% of the country’s pharmaceutical drugs. You will need us
how you plan to expand to Capital City, right? If you fail, Beacon might just
had invested too much into this project. If it dies in the
a short discussion with Minerva before she looked up and said coldly, “40%! That is my bottom line, and that is the most Beacon can compromise. We will not
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