Chapter 549
Seeing Shane still hesitating, Roxanne pressed further. “Dad, don’t worry. Whether you are home or not, when my brother graduates, I will personally mentor him.
And when he’s ready, I will hand the company over to him, exactly as it is.
As for my share, I’ll only take whatever dowry you decide is fair p>
Victoria chimed in to reassure him. “Shane, trust her. If she tries to withhold the company from our son, she’ll have to get through me first p>
“Fine. If that’s how it has to be, I’ll take the full blame.
But moving forward, all major executive decisions must be officially stamped by my wife using the Corporate Seal. Otherwise, they are invalid p>
Shane knew Victoria favored their son above all else.
If forced to choose between the two siblings, Victoria would ruthlessly prioritize the
boy.
Because of that, Shane felt secure.
If he ended up rotting in prison, and Victoria split the assets with Roxanne to keep her happy, Shane could accept that.
After all, they were going to need Roxanne’s ruthlessness to pull the company out of this death spiral.
The day after Ethan filed the lawsuit, the police authenticated the evidence.
To Mira’s mild surprise, Shane confessed to everything. He was hauled off by the authorities in handcuffs, while Roxanne miraculously walked away clean.
Then again, Roxanne wasn’t Shane’s biological daughter; her survival instinct was absolute.
However, Shane’s arrest couldn’t stop the catastrophic freefall of Porter Entertainment’s stock, triggering another mass sell-off by terrified shareholders.
The following day, orchestrated by Mira and her team, an army of aggressive creditors swarmed Roxanne’s office, demanding immediate repayment and attempting to force her to declare bankruptcy.
Roxanne locked herself away, playing her signature disappearing act once again.
But this time, her luck had run out.
The panicked board members and remaining shareholders had already dumped their stock directly into Mira’s waiting hands.
Mira now held 48% of Porter Entertainment. She only needed 3% more to seize absolute control of the board.
Roxanne’s sudden disappearance provided the perfect opening.
On the very day Roxanne vanished, Victoria realized the Corporate Seal was missing. Shane had entrusted it to her as the ultimate symbol of authority over the corporation.
Victoria tore the house apart in a blind panic. She even started to suspect her own daughter had stolen it.
That afternoon, a maid handed her an anonymous letter.
“Ma’am, you should read this p>
The letter stated that if Victoria transferred a mere 3% of the company’s shares, the Seal would be returned immediately.
“Ma’am, maybe we should just agree to the deal.
The Seal is critical for managing the company’s future. To us, 3% of the stock is barely anything less than a
fraction of our total bole than a
it
won’t change who’s in charge,” her
trusted maid urged.
Victoria, desperate and cornered, agreed. “Tell them that if the Seal is authentic, I will gladly hand over the 3 p>
Victoria had lived her life as a pampered housewife. She knew absolutely nothing about corporate warfare or hostile takeovers.
She had no idea that Mira had already quietly amassed 48% of the company.
With one foolish decision, Victoria practically gift-wrapped the final 3% to Mira’s proxy without a fight.
The moment the shares transferred, Mira possessed 51%. She immediately bypassed the board and officially declared Porter Entertainment bankrupt.
She had zero interest in actually running the Rorter family’s businesses. The capital she used to buy the shares was just a fraction of
the astronomical profits she had
made
em aggressively shorting the stock over the past month.
Mira had funneled massive capital into short positions. As Porter Entertainment’s
stock plummeted day by day, her accounts had swollen exponentially.
She then used the spare change to buy up the worthless shares.
เà¸à¸™
Porter Entertainment, once valued at tens of billions of dollars and reigning as Melvion City’s top corporate empire, was now w
less than a twentier of its former value.
And more than eighty percent of that decimated valuation had transferred directly into Mira’s personal bank accounts.
The retail investors who had followed her short-selling strategy made a killing as well, taking the remaining twenty percent.
If those investors hadn’t created the massive market momentum, the billions Mira initially deployed wouldn’t have been enough to break the company’s defenses.