Chapter 550
By the end, the remaining shareholders of Porter Entertainment were so desperate to offload their toxic assets that they were practically giving the stock away.
The stench of bankruptcy was undeniable; if the company was liquidated while they still held the shares, their investments would evaporate into nothing.
As a result, Mira had spent a mere three billion dollars to acquire a controlling 51% stake in the empire.
In reality, that three billion was just a tiny fraction of the staggering profits she had secured from the short squeeze.
Her sole reason for spending that money was to seize absolute control, force the immediate liquidation of Porter Entertainment, and ensure the Porter family would never, ever rise from the ashes.
It was pure, unadulterated vengeance. Buying the shares also served as a subtle bailout for the collateral victims-the minor shareholders who had been caught in the crossfire. She had no intention of making that money back.
Once the bankruptcy liquidation was finalized, if Ethan wanted to keep any of the subsidiary branches, he could simply take them, and the cost would be deducted from his fifty-billion-dollar fund.
Right now, every single asset belonging to the Porter family was being sold for pennies on the dollar.
Mira had made a fortune orchestrating the downfall, and she had no intention of shortchanging Ethan.
She planned to calculate his share of the work and give him a significant cut of the profits, along with the interest generated by his initial fifty billion.
Ironically, by the time Roxanne and Lawrence Lance arrived in Melvion City in a frantic rush, Porter Entertainment was already in the final stages of liquidation.
The mighty corporate titan that had dominated Melvion City for decades-the undisputed king of the local economy just months ago—was completely annihilated, with zero chance of resurrection.
Roxanne stared at the financial reports, utterly paralyzed by shock.
“Didn’t you tell me your family had absolute control over the board?
Didn’t you say that as long as you refused to declare bankruptcy, no one could force your hand, and we could still save it?
Why?! Were you lying to my face p>
Lawrence roared, his face flushed with fury.
He had spent weeks convincing his grandfather to let him come to Melvion City to prove his worth, only to arrive and find a burning crater.
“Lawrence, please, calm down. Let me find out what happened p>
Roxanne pleaded desperately, her voice shaking.
She knew all too well that Lawrence Lance was not a man you wanted as an enemy.
Owen Lance might be a terrifying opponent, but at least he operated with a cold, rational logic.
Lawrence, on the other hand, was erratic, unreasonable, and incredibly sadistic.
“Find out what happened?! What good does that do now?! Is the company going to magically rise from the dead p>
Roxanne had no answer. All she could do was try to placate him.
“I swear, I won’t let you leave empty-handed. I will compensate you generously for your time.
Just let me figure out how this happened, please p>
“Fine! Ask! Let’s see what pathetic excuse you come up with.
I don’t care about wasting a trip down here, but the billions of dollars I fronted you?
You’re paying every single cent back.
And Zachary Lloyd brought my best
here to help you. The
least youre going to do is cover
t hazard pay p>
.net>
Seeing that the company was dead, Lawrence instantly pivoted to protecting his own financial interests.
He had originally come down hoping to watch Owen and Mira fail, but he wasn’t completely blind to the risks.
However, with Owen still stuck in
Aethelgard, Lawrence hadn’t
expected much resistance. He
considered himself a seasoned corporate predator; crushing a little girl like Mira should have been a walk in the park.
Coupled with the incredibly lucrative terms Roxanne had offered-half of Porter Entertainment’s remaining assets, if he sayed it, he had jumped at the chance.
His grandfather had been mocking his lack of achievements for years. This was supposed to be his defining victory.
So, he had thrown massive resources behind Roxanne, only to walk into a slaughterhouse.
Since Roxanne had proven to be completely incompetent, his only priority now was cutting his losses.
Lawrence’s mind raced. *If I can’t recover those billions, what is the old man going to do to me p>
“Mom, what the hell is going on?! Tell me p>
“It… it was Mira. She declared the bankruptcy p>