The First Heir
Chapter 535
“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!”
and her tone sharp. “You’re violating
Blake. He was clearly trying to get everything
is integral to Beacon’s recalibration, and it’s necessary if Beacon wants to expand to
was barely veiling
you threatening me,
far. I’ve been a long-time investor in Beacon, no? I’m only thinking about your
like a
heard that, her already-cool expression dropping
out if you want. We can complete this project even without Michaels Corp’s
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 of Anderson Group’s sales rights have been transferred to
how you plan to expand to Capital City, right? If you fail, Beacon might just disappear from Riverdale
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