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Chapter 171 - 174: Taking Back the Gray Family
Chapter 171 - 174: Taking Back the Gray Family
Chapter 171: Chapter 174: Taking Back the Gray Family
Translator: 549690339
What Lily Gray said was indeed true.
When Aidan Lucas made a move, within less than three days, the value of Gray family’s shares had plummeted to rock bottom.
All of the Gray Group’s stocks had been bought back by Aidan Lucas, and at a very low price.
Now, the only thing remaining were the 50% of shares in Madam Gray’s hands.
As Madam Gray could not repay her debt to the bank, her 50% shares would be taken by the bank sooner or later.
But now the shares of the Gray Group held no value, so if someone was willing to help Madam Gray repay the debt, the bank would naturally be more willing to accept.
Lily Gray hung up the phone and asked the man beside her, puzzled.
“My grandmother agreed… However, won’t your losses be huge like this? After all, even if these shares are taken back, there’s only an empty shell left in the Gray Group. I also really want to regain control of the Gray Group, but now that it’s become like this, 1 don’t know if my Daddy and mother would blame me for being unfilial.”
Aidan Lucas looked at the frowning little one and gently pulled her into his arms, “Don’t worry, with me here, the Gray Group will quickly recover. Tomorrow, go to Mr. Fenton’s lawyer’s office and complete the share transfer procedures. 1 will repay the banks debt for you, and the Gray Group will be yours, 1 will help you.”
From a business perspective, this acquisition of the Gray Group was a loss-making deal.
Ever since Aidan Lucas took control of the board of directors and gained full control of the Royal Palace Group, he had never made a loss on any deal.
But this time, for Lily Gray, he strangely used the power of the Royal Palace to attack the small Gray Group.
Compared to the internationally renowned Royal Palace Finance Group, the Gray Group was naturally no match.
In just three days, all the shares on the market were taken over by him.
All that remained was for Lily Gray and Madam Gray to complete the transfer of the 50% shares tomorrow.
In the future, Lily Gray would be the sole controller of the Gray Group.
*
The next day, in Mr. Fenton’s office, Lily Gray met, as promised, with Madam Gray, Rowena Gray, and Milly Gray.
Since Lily Gray was willing to save the Gray Group, Madam Gray’s attitude toward her softened a bit.
However, Rowena and Milly still glared at her. Especially Milly, her eyes kept darting around, apparently harboring ulterior motives.
Lily Gray ignored them and directly signed the share transfer agreement with Madam Gray.
The 50% shares of Gray Group in Madam Gray’s hands now belonged to Lily, and in return, she would repay the bank debts for the Gray Group.
Gray Group’s stocks were now worth as much as trash, and no one would want them even if they were given away. Lily Gray undertook the one hundred fifty million debt for Madam Gray, which was truly generous.
After signing the agreement, Madam Gray pursed her lips and said, “Lily… I misunderstood you in the past. Thank you for your efforts this time, and… Mr. Lucas. 1 know that you still have feelings and allegiance toward the Gray family. They say that only adversity reveals true colors; it was my mistake in the past. From now on, can our family live a happy life together?”
Lily Gray raised an eyebrow at Madam Gray, and although she knew that Madam Gray meant well for the Gray Group, she never felt that Madam Gray had let go of her resentment for herself.
Sonya Hamilton had always looked down on her from childhood. Although Lily was her own granddaughter, she was frequently scolded as a “money-wasting daughter” because she was a girl.
On the contrary, because Rowena’s husband died early, she had her daughter and son change their last names to Gray’s surname early on.
Therefore, Madam Gray always believed that Rowena’s son, Rudolf Gray, was the true heir to the Gray family.
As expected, Madam Gray’s next words revealed her true intentions.
“I know that it was Mr. Lucas who saved the Gray Group this time. Without him, you wouldn’t have enough funds to help the Gray family repay the loan. Lily… we’re all family. Look at Milly… she’s young, has a better figure than you, is pretty, and has a sweet mouth….”