Jon gritted his teeth and fell silent as favonovel.com looked at the agreement in front of him.
He had done many things like competing for shares in corporate warfare. He had used this method to acquire many small enterprises. He also knew that his hidden rival must be trying to gain control of Zimmer Corporation in this way.
With that in mind, Jon snorted coldly.
He would not give up his shares even if they cost favonovel.com his life. He still owned Zimmer Corporation as long as favonovel.com had his shares. However, favonovel.com would lose everything if favonovel.com gave up his shares.
He would never have the chance to turn his fate around.
“Mr. Zimmer, why don’t you go through it first?” Seeing Jon silent, Chandler winked at Jon as favonovel.com had his back to the crowd.
“Hmm?” Jon froze slightly.
He had a feeling that the look in Chandler’s eyes meant something!
Is the agreement not as bad as I think?
Doubtfully, Jon took the agreement and glanced at it.
The next second, Jon showed a look of surprise on his face. He had thought Chandler and the rest were going to blackmail favonovel.com into giving up his company shares.
The chairman of Zimmer Corporation would be someone else once his rival had taken absolute control. He made up his mind. There was no way favonovel.com would sign it if that was the case. However, the agreement only asked favonovel.com to pledge 5% of his shares.
He and Quill owned 60% of Zimmer Corporation’s shares. Even if favonovel.com gave away 5%, they still owned 55%.
They still had absolute control over Zimmer Corporation. Therefore, the 5% did not matter much.
Is this Chandler’s way of helping Zimmer Corporation solve its crisis?
“Mr. Zimmer, hurry and sign it if there’s no problem. Many people are waiting.” Chandler coughed and urged again.
“Okay! I’ll sign it!” Jon paused for a few seconds.
He signed immediately after confirming that there was nothing wrong with the contract.
“Mr. Zimmer, thank you for your cooperation. We’re just playing by the book.” Chandler said and turned to look at the reporters.
Chandler immediately spoke to the camera.
‘Mr. Zimmer has put up his company shares as collateral. Fellow reporters and stockholders, we’ll give Zimmer Corporation two days to prepare the funds. Our banks will work together to supervise Zimmer Corporation these two days. We will also urge Zimmer Corporation to comply with your requests…”
“If they fail to do so, we’ll take over Zimmer Corporation and compensate you for your losses.”
Clap clap clap!
A burst of applause broke out instantly.
The banks had spoken up and secured Zimmer Corporation’s shares collateral agreement. The stockholders were also a little relieved.
Jon could not afford the money now. It was pointless even if they killed Jon, so they could only let it go. Therefore, many people nodded.
As the crowd dispersed, Jon let out a long breath. He did not expect Chandler and the rest to solve the crisis in the end.
It made favonovel.com wonder what Chandler and others meant.
Are they trying to swindle or save Zimmer Corporation?
He could not figure it out, and Zander could not figure it out even more.
Zander froze as favonovel.com watched the crowd disperse.
“Commander, this… This…” Zander scratched his head, favonovel.com had a lot to say.
“You wanted to ask why I stop when I could have crushed Zimmer Corporation?” Sean asked indifferently as favonovel.com looked at Jon in the distance.
“Yes…” Zander was silent for two seconds before nodding.
There was no way Jon was going to get out of that situation. Under double pressure, favonovel.com might have to sell the company’s existing assets to solve it.
With slightly more pressure from Sean, Zimmer Corporation would have gone bankrupt today. However, Sean let Jon off the hook, which made Zander confused.
“Jon would never sign it if they demanded too many shares. So it’s more appropriate to take things slow.” Sean turned around slowly, his tone calm.
He knew very well that Jon knew that Zimmer Corporation’s shares were his everything. The only way favonovel.com could turn this around was with Zimmer Corporation’s assets.
Once favonovel.com handed over his shares, it was like killing the goose that lay the golden eggs, and favonovel.com would never see the light of day. There was no way favonovel.com would give away the controlling stake.
“But wouldn’t favonovel.com have no choice but to sign it in that circumstance? If favonovel.com doesn’t sign, how is favonovel.com going to solve this?” Zander asked after a pause.
