Chapter 577 Familiarity
Naturally, Emelle <b>had </b><b>a n</b>.
She began, “Our <b>first </b>step is to dispatch our legal team to negotiate with them. SAM is using us of a hostile takeover, citing the Securities Exchange Act and the Company Law. But precisely whichw was broken?
“Thew states that transactions involving less than 5 percent of thepany’s total shares do not need to be disclosed to the public. Gambling contracts is amon business practice, and acquiring shares from shareholders is a voluntary transaction on both ends.
“Every move we made was legal. SAM cannot <b>nder </b>us simply because they are weaker and have a reason toin, We will not ept me for this and will address thewsuit appropriately.”
<b>Jodie </b>acknowledged, “Yes, thewyers are already preparing our defense. In fact, SAM’s Lawsuit is a dying tactic. They’re just buying time to find solutions. That was just the first step. Emelle then revealed the next step of her n.Content property of N?velDra/ma.Org.
“Since what we’re doing is already public knowledge, we don’t need to hide anymore. We should directly acquire SAM shares from willing shareholders and also purchase as many shares <b>as </b>possible from retail investors,” she said.
shares. If both
Jodie was taken aback. “Acquire openly? That might not be wise. The Cedonianpany will undoubtedlypete with us. They also hold around 14% of SAM’s share sidespete, SAM’s stock price will rise. By then, even if we sessfully acquire thepany, it may not be worthwhile.”
The Filo Group had initially sought to avoid creating apetitive situation, which was why they <b>had </b>not used force against SAM
Now that Emelie was employing force, could she still be considered as having passed the test?
Emelie was unperturbed. “That won’t happen. Do as I’ve said.”
Jodie couldn’t understand her approach, but she didn’t have the authority to interfere with her instructions. She could only frown <b>and </b>agree.
Emelie rested her chin on her hand and <b>gazed </b>out the window. She seemed indifferent, but there was a simile ying on her lips, revealing <b>her </b>confidence
Jodie suddenly sensed a difference in Emeliepared to before.
Although Emelie had never been impulsive, she hadn’t <b>previously </b>exuded such an air of profound mystery. Now, she was inscrutable yet strangely familiar
As Jodie carried out Emelie’s instructions, she wondered about the source of this strong familiarity.
It wasn’t until the legal team appeared in court and the Filo Group’s massive acquisition of SAM shares caused market turmoil that jodie finally figured it out.
Emelle now resembled Wesley, be it the way she handled things or her demeanor. It was a sense of superiority that came from control.
The old Emelie was merely a secretary, an excutor. Now, she had be the strategist. It was a shift in Identity. <b>An </b>increase in knowledge, experience, and capability.
But their demeanor was eerily <b>simdar</b>. Was it because Emelie was trained by Wesley, or was it because they were…
Jodie dared not think further. It was a secret Wesley <b>had </b>strictly ordered her to keep
Emelie’s moves prompted the Cedonianpany to take action as well.
Holding 14% of SAM’s shares each, the two parties were evenly matched. Therefore, who had control over SAM in the end would depend on how much shares they acquired in
Due to thepaniespeting to acquire shares, SAM’s stock price soared from 25 dors <b>per </b>share to 75 dors per share in just a week, with a continuing upward <b>trend</b>.
The share price was overvalued, <b>so </b>Cloudex Corporation called for a meeting to discuss the situation.
Some felt <b>that</b>, having reached this <b>point</b>, if they didn’t see SAM now, their initial investment would be wasted.
Others believed they should stop here. Based on estimates, the stock price might rise to 100 dors per share. Even if they acquired SAM then, they would face significant losses.
This was because the stock price would undoubtedly fall back to a stable level after the acquisition. For example, if it fell back to 30 dors per share, they would lose 70 dors per share. The total loss would go up to tens of millions or <b>even </b>over a hundred million.
SAM wasn’t very important to the Cloudex Corporation, so there was no need for them to risk <b>it </b>fighting an oversea corporation.
“Moreover, I findit strange that the Filo Group has suddenly stopped being discreet and is openly making a big push to acquire SAM,” one person stated.
“I think it’s normal. They originally wanted to do it secretly but were exposed by us. They have no choice but to press on,” someone added.
“To put it bluntly, they’re acting in desperation with no regard for consequences,” another personmented
William, seated at the head of the table, listened to the discussions without speaking
When the discussion subsided, he asked the project manager, “How many shares does each side hold right now?
“Both us and the Filo Group hold 30<b>%</b>, while Jaime holds 17%. The shareholders firmly <b>refusing </b><b>to </b>sell amount to 7%. So, there are only 16% percent of shares left circting in
the market.
“‘s estimated that at least 10% of those are held by spectors, and they won’t sell easily. So, there are only 6% left topete for,” the project manager replied
Willem formed the <b>wedding </b>ring on his finger and uttered three words. “The final push.” He meant that they were only one step away from acquiring SAM, so why not continue?