Chapter 852

Chapter 852

Yvonne Rainey wore a mournful expression, “Young Master, all the

money has been spent. The entire ten billion was used to buy Chester

Group's stocks. Our company now has not a single penny left on the

books!"

Ken Nance asked in a hurry, "So how many shares of Chester Group

have we acquired now?"

Yvonne Rainey hesitated, "Approximately forty percent!"

"And how many shares does Esther's family still hold in Chester

Group? Are we the largest shareholder of Chester Group?" Ken Nance

asked immediately after.

If Nance Group was the largest shareholder of Chester Group, then all

problems would be solved. All Nance Group needed to do was to take

over the entire Chester Group as the largest shareholder. At that time,

they could kick Esther's family out of Chester Group, then use Chester

Group's money to supplement Nance Group's cash flow!

Yvonne Rainey said with a mournful face, "Esther's family still holds

sixty percent of Chester Group's shares!"

Hearing this, Ken Nance was stunned. Nance Group spent ten billion to

buy Chester Group's stocks, but Esther's family still held sixty percent

of the shares. This meant Esther was still the largest shareholder of

Nance Group. So what use was him being the second-largest

shareholder?

After calming himself, Ken Nance roared, "Quickly sell all the shares of

Chester Group!"

It seemed that the plan to acquire Chester Group had failed. Keeping

these Chester Group's shares had no use. The best solution was to sell

all the Chester Group's stocks and cash out at a high price! This could

not only solve Nance Group's cash flow problem, but he could also

make a fortune!

Yvonne Rainey said with a bitter face, "Young Master, we can't sell

now! Chester Group is still continuously issuing shares, the stock price

is not rising, but falling. If we sell our stocks now, we will probably suffer

a huge loss..."

At this point, Yvonne Rainey didn't know what to say. That is to say, not

only could Nance Group not control Chester Group, but they could also

lose a lot of money! Remember, Esther still held sixty percent of

Chester Group's shares. Even if Esther diluted her shares by ten

percent, she would still be the largest shareholder of Chester Group.

And Nance Group had no money to continue buying Chester Group's

stocks!

"How could this happen?"

"How could this be?"

Ken Nance was completely dumbfounded.

He had been full of confidence before, thinking that Nance Group's

strong cash flow could successfully acquire Chester Group. But now,

not only had he failed to acquire Chester Group, but all his money was

stuck in the stock market, and Nance Group's cash flow had completely

dried up!

Seeing Ken Nance looking like this, Yvonne Rainey was hesitant to

speak, "Young Master, there's another thing, I don't know if I should tell

you?"

"Speak!"

Ken Nance glared at Yvonne Rainey.

What time was it now?

What else was she hiding?

Yvonne Rainey cautiously said, "Chester Group has launched a

counter-acquisition plan, buying up our Nance Group's stocks on the

market."

Hearing this, Ken Nance sneered, "Heh! Chester Group wants to

counter-acquire our Nance Group, they've miscalculated! Our Nance

Group's shares on the market are less than twenty percent. Even if

Chester Group bought all of it, it wouldn't matter."