City: Starting from Paying Dad’s Debts
46 Acquire 100% of the shares, the shareholders ’meeting ends

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"CEO Lin, if that's the case, we'll have to pay more!”A middle-aged male shareholder in his forties revealed a sly smile.

Lin Feng sneered and said,""I'm already in this situation. Is there any point in bargaining with me now? If you have the ability, you won't sell it? Anyway, I really want a new chairman to take over my mess!”

After saying that, Lin Feng took a sip of water, looking indifferent.

In any case, the overall situation was already in his hands. He held 51% of the shares and had an absolute advantage. These shareholders could not gather together. If they wanted to raise the price, they would raise the price together. If they wanted to withdraw the shares, they would withdraw the shares together.

For example, a few shareholders wanted to withdraw their shares to threaten Lin Feng to raise the price, but there were also a few shareholders who were willing to accept Lin Feng's conditions. They took the money and left, and these shareholders who threatened Lin Feng could only watch helplessly.

When Lin Feng bought enough shares and stopped buying, what would happen to the shareholders who threatened Lin Feng to raise the price? Would they really withdraw their shares?

One had to know that withdrawing shares was nothing more than throwing the debt onto the group. In fact, the shareholders would not get a single cent.

For example, the withdrawal agreement stated how much each share was worth. If the shareholders chose to withdraw their shares, the group would have to pay the shareholders at that price. However, Haoyuan Group was already inestimable and was about to go bankrupt. How could they have cash to pay the shareholders?

Therefore, the money from the withdrawal of shares could only be converted into debt and thrown onto Haoyuan Group.

When the Haoyuan Group went bankrupt, this debt would disappear completely.

Unless Haoyuan Group could be revived, the shareholders could apply for Haoyuan Group to pay the debt if they had cash on hand. However, in the eyes of the shareholders, there was no possibility of Haoyuan Group being revived.

Therefore, for the shareholders, choosing to withdraw their shares was choosing not to take a single cent.

The shareholders looked at Lin Feng's indifferent expression and exchanged glances with each other.

"Alright, since CEO Lin is willing to take out 1 billion to buy the shares in our hands, it's better than withdrawing a penny. I accept CEO Lin's conditions!”

"I accept it too. It's fine as long as I can see the cash. I don't want the shares of Haoyuan Group in my hands to be worthless.”

"Me too!"

"Me too!"

Many shareholders chose to sell their shares to Lin Feng. If they didn't sell, they would have to withdraw their shares. Since they wouldn't get a single cent from withdrawing their shares, they might as well sell them.

As for threatening Lin Feng to raise the price, the shareholders weren't stupid. They knew that in this situation, the people weren't united. If they threatened him, they might end up as a stepping stone for others.

He might as well sell it and end it all.

Seeing that most of the shareholders wanted to sell their shares, the remaining shareholders who wanted to raise the price also felt that the situation was over. If they still did not sell, would they have to withdraw their shares? He might as well sell it.

Just like that, everyone agreed.

"Alright, since everyone is willing to sell their shares to me, let's start the transaction now!”Lin Feng said as he turned on his laptop.

Previously, he had already sent the share transfer agreement to all the shareholders. Now was the time to sign the agreement and complete the transaction.

All the shareholders looked at the share delivery agreement in their hands and sighed. Although the amount of money to buy the shares was too little and it would be a pity to sell it just like that, they had no choice. They had to lower their heads under the roof. After all, Lin Feng controlled 51% of the shares. The situation was pressing!

If she didn't sell it, would she be promoted to the chairman position by Lin Feng?

He could either withdraw his shares or sell them. He could still earn some money by selling them. Although it wasn't a lot, it was at least cash. It was better than nothing.

Just like that, the shareholders sighed and had no choice but to sign the share transfer agreement.

Lin Feng started to operate the computer and transferred funds into each account. He was busy until 11 pm before he finished transferring the transaction funds to all the shareholders.

With the end of the transaction, the shareholders 'meeting finally came to an end.

Lin Feng became the sole shareholder of Haoyuan Group and held 100% of the shares.

"Alright, our deal has been completed. Thank you for your support to Haoyuan Group!”

"Today, I'll treat everyone to a meal in Huangjiang Restaurant in this city on behalf of my dad. We've fought for Haoyuan Group together before.”

Lin Feng invited with a bright smile.

"CEO Lin, I still have something to do, so I won't be going!”One of the shareholders said.

"President Zhang, it's fine if you don't give me face, but you have to give everyone face, right? This is the last shareholder gathering of our Haoyuan Group. How can you not attend such a memorable meal?”Lin Feng laughed.

"That's right, Chief Zhang. Chief Lin even said that he wanted to open a 1987 Romanée-Conti for us. This wine is not common. No matter what, we should go and taste it together!”Another shareholder joked.

"You guys? Alright, I'll go then!”Director Zhang said.

"That's right!" Another shareholder said.

"Hehe, even CEO Zhang has given everyone face when something happened. I don't think there's anyone else who doesn't give everyone face!”

"Alright, let's set off now!"

Lin Feng and the other shareholders walked out of the meeting room of Haoyuan Group and took the elevator to the underground parking lot.

This book comes from:m.funovel.com。

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