Chapter 372
Sevenl executives at Russell Enterprises couldn’t help but worry as they looked towards Sophie. If the shareholders decided to pull out now, it would be a fatal blow to the Russell family!
Moreover, their accounts could not pay out the billions required to buy out these shareholders:
Sophie spoke calmly. “Those who wish to leave, sign here, and then you can get out.”
The shareholders looked at each other, and one of them pointed at Sophie, dropping a harsh line. “Fine, Sophie, since you’ve put it that way, we will collectively withdraw our shores! If you can’t come up with the money, we’ll see you in court!”
After saying that, the shareholders left Russell Enterprises.
At that moment, at least half of the people in Russell Enterprises lobby had left. Sophie looked at the remaining general managers deputies, saying, “Anyone else wants to leave? I’ll give you this month’s salary to go right now”
“We stayed only because of Mr. Perry, and now that Mr. Perry has been incarcerated, there’s no reason for us
Some executives went up to sign, then turned to Sophie and said, “Ms. Sophie, take care of yourself.”
After the executives left, their employees also tumed and left.
Sophie looked at the few remaining people in the lobby and asked indifferently, “Anyone else?”
stay
and
The few people exchanged looks, then said to Sophie, “Ever since you took over from Mr. Perry, our lives have gotten somewhat better. You promoted all of us, we can’t just leave Russell Enterprises in its time of need!”
“Yes, our fate is tied with Russell Enterprises!”
Those who remained were all talents Sophie had recently promoted
Sophie glanced around. One, two, three… In total, there were eight people, all new faces at Russell Enterprises.
“Alright, from today on, you are the new shareholders of the Russell family. The portion of the shares that have been withdrawn will be allocated to you.”
Upon hearing Sophie’s words, a flicker of joy crossed their faces, but was quickly replaced by concern.
“But Ms. Sophie, the accounts are empty. How are we going to pay them?”
“1 have money” Sophie said with a slight smile.
She had long wanted to rid Russell Enterprises of the bad elements, like Perry, who were a dime a dozen within. Now, with the chaos at Russell Enterprises, these people were eager to take their money and leave, which suited her just fine. It was an opportunity to solve multiple problems at once.
Sophie continued, “From today, Russell Enterprises will declare bankruptcy, and I will arrange for you to join S Corporation,”
“What?”
Faces filled with surprise
Declare bankruptcy? This…
“Ms. Sophie, are you serious?”
Sophie said, “The Russell family has too many bad debts, and its subsidiaries that should be shut down will close their doors. Russell Enterprises is already under S Corporation. I assure you, you’ll eam no less than before. You will eam only more.”
“Alright! We believe in you, Ms. Sophie!”
Sophie smiled.
Russell Enterprises declared bankruptcy, yet S Corporation was in its prime.
Who would have thought that Perry’s incarceration would lead to a series of events that would allow Russell Enterprises to emerge from its cocoon transformed?