Chapter 700 - Over
Chapter 700 – Over
The news was unstoppable. They were spreading like wildfire.
"Sorry, Boris. I can't do this."
Boris, who had been calling all the people he knew, gritted his teeth.
"Useless bastards." Boris slammed his desk while gritting his teeth.
"Sir." His assistant entered the room with a serious expression. "We have suppressed the news to a certain extent, but the news has spread to everywhere. It's hard to track down all of them at once…"
"I know. We can't really do this…" Boris looked down, contemplating his choice.
"But the worst part is… five of our shareholders have sold their shares to the Safulli Group. Along with those in public, the Safulli Group has acquired around 20 percent of the total share."
"This is not good…" Boris gritted his teeth and thought, 'I have 35 percent shares with me, but if they're aiming at my position, they're going to approach more shareholders.
'If they can surpass me, the company will be theirs… For now, I have three loyal supporters. If I have their help, I will have 43 percent. And with the 4 percent that I somehow acquire while increasing the price, I have 47 percent.
'But the real problem is we don't have more money. I can't purchase more shares than this or the company will collapse. Meanwhile, the Safulli Group will continue acquiring my shareholders, including those in public markets.
'This is not good…' Boris pinched the bridge of his nose and asked, "What's the situation?"
"I am afraid they're going to continue buying all our shares and eventually get the company under their control." The assistant frowned. "The trades still continue and the news doesn't have any sign of stopping.
"If this continues, I'm afraid sooner or later we will be out of business." The assistant explained with a serious expression.
"Kh. I will try to call a few more people. Monitor every single progress and report it to me."
"I understand." The assistant hurriedly left and continued his work.
"It's just two days after he's gone and the situation has become like this…" Boris muttered with a stressed voice. He truly didn't know what Theo was planning to do at this point. However, he could already see the end of his reign in this company.
"Resist him with all his might, huh… That's easier said than done when you're using the Safulli Group's influence to do this." Boris shook his head, trying to reconsider the situation to find a way out.
The time went by and Boris still hadn't gotten any solution that could stop the entire situation. The stock kept going down, making him go crazy.
The media was staying in front of his company the whole time as they were planning to get a good scoop.
Sadly for them, Boris didn't plan to go out. He hid in the company since going out would just cause another weird news to be spread.
Still, due to the constant influx of pressure, the employees began to be stressed by the situation.
Some of them even gave their notice, preparing to leave the company. This was enhanced with bad rumors about the company that was obviously spread by the spies from the Safulli Group.
And many other influences who planted their own spies here also increased the intensity of the rumors, creating unrest inside the company.
This was Theo's next move. He had instructed them to make a disturbance to force the employees to leave the company.
If the company had a massive turnover rate, their workflow would gradually be disrupted and failures would start appearing from all over the company.
Boris never expected Theo to be this vicious, especially when he saw the Safulli Group had acquired 25 percent of their shares. If this continued, they would be able to get the company within another ten days, just like how Theo predicted that two weeks were all he needed to settle everything.
Boris thought this was it, but Theo surpassed his imagination.
His mercilessness knew no bounds because, on the sixth day, he asked the Safulli Group to create trouble from within.
In other words, the spies they had planted inside the company made the company look bad in public by showing the oppression, the treatment, and other stuff.
The citizens didn't know the fact that the boss who oppressed them was the spy and the one who complained was also one. In other words, they were in cahoots just to make the company look bad.
The news about those investors that pulled out their investment was brought back to light.
This created one big question in everyone's mind.
'Why?'
The public wanted to know why the investors actually left the company even if it meant they lost money.
With the limited information, they started connecting the dots between the investors and the company's problems.
It was at that instant, the news blew up.
Eight days barely passed and the situation was close to the worst. The Safulli Group managed to acquire 35 percent of their assets, rapidly increasing due to the public's misunderstandings.
At this time, police even came to investigate the company because the citizens were protesting against the company and even boycotting them.
This led to a sharp fall for Boris as all his shareholders, except the loyal three, had left him to join the Safulli Group.
It took only another two days for the Safulli Group to acquire another 10 percent.
There were only 2 percent gaps left between their shares and Boris' shares.
If Boris didn't do anything, the company would be taken over by the Safulli Group.
This just created a euphoria for the citizens because the Safulli Group looked clean on the outside, like how Theo got the report about them not having many enemies or bad rumors.
Finally, on the eleventh day, everything was over.
Boris, who was still sitting in his office, got a sudden visitor. It wasn't even a polite visitor as the guy kicked the door open with a smug face.
Boris gritted his teeth and glared at the man. "Carmelo!"
That was right. The visitor was none other than Carmelo. On the eleventh day, he managed to acquire all the shares he needed to take over the company.
And the one who provided the last share was none other than the old man who once assured him that he wouldn't leave.
"You!" Boris widened his eyes in despair.
"If only you were more brilliant than your father… It's a pity…" The old man looked away.
"Oh, Boris… How about greeting the new owner of the company?" Carmelo smirked.
At the same time, Boris' Skylink vibrated, indicating that someone had called him. And the name of the caller was none other than his own family.
Efrem.
"Sorry, Boris. Everything is over.. I couldn't prevent the old man from betraying you."