Chapter 860: 856: Dunn Group's Root, Can't Be Protected Anymore
Chapter 860: Chapter 856: Dunn Group’s Root, Can’t Be Protected Anymore
Richelle Dunn felt a bit helpless and innocent.
There was nothing wrong with Royce Gyons liking her.
But there was also nothing wrong with her not liking him.
Fortunately, Royce Gyons was a gentleman in this regard. Although he couldn’t win Richelle’s heart, their cooperation wasn’t affected.
And Richelle never used Royce’s feelings for her to seek any benefits.
The investment in the Dunn Group by United Ventures was made through a normal risk assessment and was ultimately decided by the board of directors.
And this time, when Richelle asked Royce to help buy the Dunn Group’s shares, they agreed to pay the corresponding commission at market prices.
Of course, Royce had offered to buy half of the shares himself without commission, but Richelle didn’t want to get entangled with him. Moreover, the industrial company was founded by her parents, and she didn’t want to share it with anyone.
Royce didn’t make things difficult for her and quickly agreed to the terms. They both started working separately.
“Royce Gyons will probably arrive tonight. You’ve already informed the media, right?”
Denise Munni finished gossiping about her friend and Royce Gyons, then timely switched back to the serious topic.
After a period of public opinion infiltration, Harris Dunn seemed to have grown numb to the rumors online. He seemed to have already communicated with the shareholders, and sent out a notice to hold a board meeting two days ago.
After receiving the notice, Richelle informed the major media outlets.
At 9:30 in the morning, Richelle and Denise arrived on time at the conference hall of the Dunn Group.
Harris Dunn was already seated in the chairman’s seat, and several directors, including Darren Moss and some who had been won over to Richelle’s side, also attended the meeting.
Compared to the last time Richelle saw him, Harris Dunn looked noticeably thinner and more haggard.
However, Richelle didn’t sympathize with him.
She even wanted him dead!
Richelle and Denise were the last shareholders to enter the meeting room, just in time for the start of the meeting.
Without waiting for the two of them to sit down, Harris Dunn signaled the secretary to display the PowerPoint presentation on the big screen.
“Dear directors, the main purpose of convening this temporary meeting today is to discuss how to solve the company’s financial difficulties. If you have any suggestions, please feel free to put them forward for discussion with the aim of finding the best solution.”
Harris Dunn was clever, of course, and wouldn’t say through his own mouth that he wanted to sell the industrial company to raise funds.
As expected, when he finished speaking, an elderly director named Mr. Bailes made a suggestion.
“At the moment, the company is not really in crisis, but there’s a temporary cash flow issue. So, I suggest we try to keep the main business and structure of the company as stable as possible to avoid unnecessary speculation and turbulence. Currently, the safest and least impactful method is to sell the recently separated Industrial Company!”
As soon as Mr. Bailes finished speaking, Darren Moss raised an objection.
“I object! Mr. Dunn’s separation of the industrial company was to distribute risk, not to sell it. Although its revenue hasn’t been as high as the technology sector in recent years, it has been stable and less affected by the overall economic environment. I personally believe it should always be part of the core!”
Richelle hadn’t told Darren Moss beforehand about her plans to buy the Industrial Company.
So, after Darren Moss spoke, he cast her a worried glance.
Initially, Richelle wanted to discuss this with him, but she thought that if the entire board fully supported the sale, Harris Dunn would become suspicious.
As Darren Moss watched the growth of the Industrial Company from scratch, if he also supported selling it, Harris Dunn would doubt his intentions.
“I agree with Director Moss’s view that the industrial sector is the root of the Dunn Group. Selling it now would be like uprooting the company, wouldn’t it?”
The Dunns used to be a large family with a wide range of business interests. It wasn’t until Zachary Dunn took over the family business that it gradually became the current Dunn Group.
During the more than twenty years since Zachary and his wife’s death, the Dunn Group had expanded its business, but the expansion wasn’t significant.
The newly acquired territories had made some money in the early years, but as competition grew fiercer, the survival space had gradually shrunk.Nôv(el)B\\jnn
Harris Dunn simply nodded, apparently confident that the matter was out of Richelle’s and her directors’ hands.
He turned to Denise Munni, “Ms. Munni, what does your boss think?”
The reason Harris Dunn was so sure was that he had already contacted Royce Gyons privately.
So, at the moment, Denise could only reluctantly reply to him, “Mr. Dunn, Mr. Gyons shares a similar view as Director Bailes just mentioned…”
At that moment, Denise was playing the role of a pitiful employee who wanted to help her best friend Richelle but was forced to support Harris Dunn due to her company’s decisions.
Harris Dunn smiled in satisfaction.
“I’m sorry, Richelle, but I also support Director Bailes’s proposal. Therefore, I’m afraid that the ‘root’ you want to retain might not be saved.”