Chapter 78: A Strong Return
Grand and Pep stormed out of Mallorca's shareholders' meeting, enraged.
After delivering a line reminiscent of Liang Jiahui's from Black Gold, José didn't press them further. Besides, with the winter transfer funds still available, there was no rush—he needed to give them some time to gather their resources.
"Son, what do you think they'll do?" After Grand and Pep left, Alemany asked his son.
"What can they do? They've got three choices... oh wait, no, make that two," José chuckled. "First, they can ignore it, let me inject more money and take more shares. That way, as long as I keep putting money into the transfer market every year, I can gradually acquire more shares. Once I hit seventy-five percent, I can initiate a takeover. Even if the takeover doesn't happen, their shares will become worthless, without any impact on our control. I suspect... Grand won't sit idly by and let that happen, but Pep, on the other hand, might—he doesn't have the money to invest, and even if his shares shrink, their value won't change much. He might just let it slide. It depends on how good their relationship is."
"The second option is to follow along with the investment to maintain influence and protect their current shares. A $15 million investment isn't too little, but it's not insignificant either. Grand will need to put up $4.5 million, and Pep $750,000... They can afford it, but it might strain them. Grand's Drac Group claims assets worth $500 million, but as an investment firm, their cash flow isn't huge. When they have spare funds, they invest. Plus, Grand may be the president of Drac, but the company isn't entirely his, and his personal assets are only in the tens of millions. If we compare, he's no match for me."
After listening to his son's analysis, Alemany nodded slightly and asked, "What's the third option?"
"The third... is the best outcome. After weighing the pros and cons, they both sell their shares to me. At least they can break even and make a profit—everyone wins. Unfortunately, I doubt they'll go for that. Grand won't be willing, and Pep, if he sells, will probably sell to Grand first, not me. But with sixty-five percent of the shares, that's more than enough."
"Maybe they'll sell," Alemany mused, "After all, it's getting harder for Mallorca to turn a profit."
"Not necessarily," José grinned. "Grand might still believe the shares will be profitable... but I won't let him win, hehe."
