The Almighty Lord Caspian novel Chapter 474

Morrison Group still had a chance to acquire Southlake Corporation so long as it became the majority shareholder.

They could utilize their authority to remove Willow from the CEO's position.

"Willow holds the remaining 55% of the shares," Ginger answered.

Cory immediately froze up on the spot.

He finally realized that Southlake Corporation was different from Morrison Group.

All of Southlake Corporation's shares were held by Willow alone and were never divided across various investors.

His crazed acquisition of Southlake Corporation's shares was the dumbest move he could have made.

"Quick! Liquidize the shares immediately!" Cory angrily shouted.

He finally realized it wasn't possible to acquire Southlake Corporation.

The only thing he could do now was to liquidize the shares and reinject funds back into Morrison Group.

"Mr. Morrison, Southlake Corporation had been increasing the number of shares, lowering their prices in the process. Selling them off now would be a huge loss of money!" Ginger no longer knew what to do.

Morrison Group had finally burnt itself from playing with fire.

Cory was left dumbfounded. "How is this possible? Why is this happening?"

He had believed that acquiring Southlake Corporation would have been a breeze.

But now, his plans had gone awry, and the enemy came knocking on his door for revenge.

"Mr. Morrison, I have another piece of bad news …" Ginger sheepishly announced.

"Just say it!" Cory glanced at her.

Could there still be worse news than this at this point?

"Southlake Corporation had bought up all of our loose shares on the market."

"Oh, that's nothing to worry about. Let them be. The loose shares on the market only amount to 15% of our total shares. They won't pose a threat to us," Cory calmly explained.

It was written and dictated by law that the percentage of shares determined your level of standing within the company.

"However, Landon, the marketing manager of Southlake Corporation, had been contacting our shareholders in private and offered to buy their shares above the market price …" Ginger's voice gradually trailed off.

Cory stood up from his chair. "What?"

Morrison Group's weakness was being exploited.

Even the Morrison family didn't hold at least 50% of the company's shares.

Loose shares around the market amounted to 15%.

And the remaining 35% were in the hands of individual shareholders.

If Southlake Corporation managed to buy out all the loose shares in the market and convinced the shareholders to sell theirs, they would accumulate a higher percentage than the Morrison family.

Once that happened, the Morrison family would lose its power and authority in the company.

"Call the shareholders in for a meeting! I'll kill anyone that doesn't show up!" Cory ordered.

He was intent on killing anyone that dared to disobey him.

But Ginger didn't carry out her task immediately.

"What are you standing around for? Get on with it!" Cory shouted.

"Mr. Morrison, it's too late. The shareholders have already contacted me about the situation. They even said that we should only contact Southlake Corporation from here on out, including for meetings …" Ginger sounded like she was about to cry.

She would have done the same as the shareholders in this situation. Anyone would have immediately sold off their shares after witnessing Cory kill their fellow shareholders without any reason.