Chapter 1339 - 1339 Rotten Ship
1339 Rotten Ship
At this moment, Lucas and Flynn had already left the Glory Group and were on their way back to the Stardust Corporation.
While driving, Flynn asked, “Lucas, do you think Weston Barlowe will sell the Glory Group to us? He still seems very reluctant about it.”
Lucas said indifferently, “Tomorrow at the latest, he’ll come begging us to acquire the Glory Group without me having to say anything.”
Seeing Lucas’s confident expression, Flynn naturally wouldn’t think that he was boasting.
Since Lucas said he could make Weston succumb tomorrow and come to them for the acquisition out of his own accord, it would definitely be the case.
After such a long time, Flynn had already developed an extraordinary trust in Lucas.
At the same time, Flynn was shocked.
The Glory Group was a major corporation that was on par with the Stardust Corporation and even had a market value that was slightly higher than the Stardust Corporation’s.
Now, in just two days, the Glory Group was about to have a change of ownership and was destined to become part of the Stardust Corporation.
Now, the Stardust Corporation was already a Global 500 company, and its power would rapidly increase after acquiring the Glory Group.
Actually, after the alliance of seven families had handed over half of their industries the other day, they weren’t given to the Stardust Corporation. Flynn had merely been responsible for processing the paperwork. These businesses were eventually given to the Hales, the Coles, and the Parkers. Thus, the Stardust Corporation didn’t get much. Otherwise, the company would have already become a top ten or even a top five corporation in the country.
With the acquisition of the Glory Group, the Stardust Corporation’s development would definitely advance by leaps and bounds!
Flynn was looking forward to it!
…
The following day, when the stock market opened at 9 a.m., the stock price of the Glory Group once again plunged, and trading on it was soon halted.
Although it seemed that the Glory Group’s stock price had fallen by another 10% and that it had lost three billion dollars again, everyone with a discerning eye could tell that the losses caused to the Glory Group were far greater.
At the same time, DC Commercial Bank once again urged the Glory Group to repay its loan by issuing a harsh warning, stating that the bank would freeze all of the Glory Group’s funds and resort to legal action if the company couldn’t repay the loan within today.
The matter of the collapsed building under construction in the northern suburbs of DC due to the use of inferior building materials supplied by Glory Group was still causing the company to face public backlash. Numerous reporters were still outside the Glory Group’s office and were trying to find the people responsible for the incident to demand an explanation. But they hadn’t been able to find any of them.
There were heated discussions on the internet, with countless people commenting about the issue. As a result, the reputation of the Glory Group was completely tarnished.
This wasn’t all. The Glory Group was in chaos.
Yesterday, a large number of senior and mid-level managers had resigned, so there weren’t suitable people to solve the various urgent matters, and the company was in a mess.
The matter of the collective resignation of managers had also spread to the company, and the remaining employees were panicking. Thinking that the Glory Group was about to collapse, they also tendered their resignation and left immediately.
In just one morning, more than half of the Glory Group’s staff left, causing countless positions to be vacant.
The remaining employees were either rushing to write their resignation letters or running around headless, being of no help at all.
In just two short days, the Glory Group was reduced from a top enterprise on par with the Stardust Corporation to a rotten ship full of holes that was on the verge of sinking.
Weston was wearing a mask as he walked through the basement passageway to avoid reporters. He secretly rushed to his office, and his heart clenched up in pain when he saw the Glory Group’s current state with his own eyes, causing him to become disoriented.
He had no choice but to call the Hamiltons again. “Mr. Hamilton, the stock price of the Glory Group has fallen again, and today’s situation is even worse than yesterday’s! Also, DC Commercial Bank came to me again to urge me to repay the ten billion dollar loan today. What should we do now?
“Mr. Hamilton, you… you said yesterday that you’d help me and make sure the Glory Group is fine. Does your promise still count?”
Weston was so anxious that he was on the verge of crying.
On the other end, Mr. Hamilton hollered coldly, “Why are you panicking? Today is only the second day. Just hang in there. I’ll naturally settle this for you.”
Holding his phone in his hand, Weston stomped his feet on the floor a few times.
He had a reason for panicking.
Although it was only the second day, the Glory Group had already lost more than 6 billion dollars, and it was facing countless troubles. The bank was pressing the company to repay the loan, and most of the employees had left. Not to mention continue holding on, Weston didn’t even know if he and the company could last until tomorrow!
The Hamiltons had clearly agreed to help him resolve the crisis, but an entire day had passed, and there still wasn’t any improvement in the situation. In fact, the Hamiltons had only given him a verbal promise without any explanation as to how they would resolve the troubles. How could Weston not panic?
“Mr. Hamilton, it’s not that I want to panic, but given the crisis that the Glory Group is facing, I won’t be able to last another day without your help. How can I not panic?”
Weston said anxiously, “Now, I’m asking you, how are the Hamiltons going to help us? People from the bank are sitting in an office downstairs and demanding repayment. Why don’t you lend me ten billion dollars to repay the bank loan so that I can resolve this issue first?”
Weston was really panicking. At this moment, he shouted at the person on the phone with no regard for his prestigious identity at all.
“Barlowe, who do you think you are? How dare you speak to me like that?” Mr. Hamilton rebuked hostilely, clearly offended by Weston’s impolite words and tone.
Weston felt as if a basin of cold water had been poured on his head.
He finally snapped back to his senses and realized who he was talking to.
He was talking to a Hamilton, a royal!
As long as he was displeased, the Hamiltons would be able to easily destroy the Barlowes and the Glory Group. How did he have the guts to lose his temper at him?
“I’m… I’m sorry! Mr. Hamilton, I didn’t mean to do that. I… I was just too anxious, so I sounded a little harsh. I didn’t mean to offend you at all!” Weston frantically apologized.
Mr. Hamilton was finally less angry. He snorted coldly and said, “Okay, I know you’re timid. Look at how frightened you are. Okay, you don’t have to worry about anything else. You just have to continue dragging this out with the Stardust Corporation!
“Once the Stardust Corporation collapses, the Hamiltons will compensate you with twice the Glory Group’s losses and also give you some more benefits. Okay?”
Weston gritted his teeth and said, “Yes, Mr. Hamilton. Thank you so much!”