Chapter 278
Perry couldn’t understand why S Corporation would come directly to him Instead of approaching Russell Enterprises through official chennels.
He was puzzled until the visitors handed him a document, saying, “May we come in and discuss this with you?”
At this point, Perry had no choice but to let the two in.
When Perry opened the document, he was immediately greeted by bold letters at the top.
Merger Agreement!
Perry’s expression changed slightly as he read through the document, which stated that Russell Enterprises agreed to a merger with S Corporation, among other financial terms. At the end of the document, Perry noticed Sophie’s signature and seal.
“What does this mean?” Jessica, standing by, saw the document, and her face fell.
A merger agreement? She had never heard of such a thing before!
“This was a merger proposal agreed upon by Ms. Sophie. The contracts have been signed, and we’ve been going through the legal process for the past few days. We’re here to inform you about it, Mr. Perry,” one of the visitors explained.
Jessica was furious. “Nonsense! What merger? We’ve never heard of such a thing! Sophie never informed us! This is invalid!”
She had been waiting for a chance to have her son take over the Russell family after Sophie’s unexpected death. But now, Sophie had signed this damned merger agreement before her death, ruinirig all of Jessica’s plans!
Meanwhile, Perry was scrutinizing the contract, furrowing his brows in concentration.
Tricia glanced coldly at Jessica and said, “Let me remind you, Mrs. Russell, that Ms. Sophie had controlling ownership of Russell Enterprises, holding more than fifty percent of the shares. She was fully entitled to make all decisions for Russell Enterprises. This agreement has undergone legal procedures, so your objection is invalid. Breaching the contract would require appropriate compensation.”
“Excuse me!” Jessica, red–faced and furious, immediately turned to shake Perry’s arm, saying, “Honey! Say something! You must speak up!”
“Enough!” Perry shook off Jessica’s hand, stood up, and said, “I trust Sophie’s decision. Carry out the execution as planned,” Hearing Perry say this, Jessica felt as if all her strength had been drained. “Do you realize what you’re saying?”
A merger meant that Russell Enterprises would be under the umbrella of S Corporation!
Perry ignored Jessica and handed the contract back to Tricia. “Tell your boss that the Russell family will have no objections. They can rest assured.”
“Thank you for your cooperation, Mr. Perry.” Then, Tricia left the Russell residence with the lawyer.
Shortly after, Sophie received a call from Tricia and merely chuckled.
Perry had always been the one dealing with contracts for her father, scrutinizing each detail meticulously. How could he not see that this contract brought only benefits to the Russell family, with no disadvantages?
For years, the Russell family had grown vast and wealthy, like a towering tree. However, this tree was already infested with rot, needing a complete overhaul to preserve its roots.
This merger, with its ample protections for Russell Enterprises, was guaranteed to rejuvenate the Russell family from a potentially fatal position.