Chapter 2891: Let’s Dump All the Company’s Shares
Every time he saw Ding Ningdie in pain, Bai Hanmo wanted to tear apart whoever had hurt her.
So for them to take a huge sum from him and still want to leave so easily, was just wishful thinking.
Ning Shu looked at the people following them in the rearview mirror and turned the steering wheel.
“Mom, let’s dump all the company’s shares,” Ning Shu said. “Sell them at a low price.”
This would certainly cause the Ding family company to lose countless assets, evaporating a lot of market value.
“Are we really going to dump them?” Mrs. Ding was a bit reluctant. “We worked so hard to get so many shares.”
Ning Shu glanced at the rearview mirror. “Mom, we took money from Bai Hanmo. Do you still expect the company to give us a share of the profits?”
If they continued to hold the shares, they could still get a share of the company’s profits. But staying tied to Bai Hanmo was a dangerous game.
Ning Shu pressed the gas pedal and made a few sharp turns.
“Don’t forget about Ding Ningdie’s leg,” Ning Shu said.
Mrs. Ding nodded. “I’ll listen to you, but I wanted to put the beauty products you made under the Ding family name. It’s not possible now.”
“Even without the Ding family, my products will sell just fine,” Ning Shu replied with a smile.
Back at home, Ning Shu called Lian Min to thank her for cooperating.
The Bai family had their hands in every business, from appliances and hotels to steel and information products.
They were an unnatural force, yet the Bai family was powerful.
It made people feel powerless against them.
The Bai family was almost a monopoly.
This time, Ning Shu had the help of the Lian family and the Li family. Only two families stepped forward publicly, but many more joined forces behind the scenes.
Mrs. Ding sold the shares at a low price, causing the Ding family’s stock value to drop dramatically, and much of the money evaporated.
Mrs. Ding lost a lot of money herself, only recovering half of her capital. But this 7 billion was practically obtained by getting something for nothing.
Earlier measures had led many in the Ding family company to sell their shares, so Mrs. Ding’s shares reached sixty percent of the entire company.
When Mrs. Ding sold, the other shareholders followed.
The longer the delay, the more money they lost.
The direct consequence was that the company taken over by Bai Hanmo now faced not only the 7 billion yuan required for acquisition but also a suddenly evaporated sum.
They also had to buy back the low-priced stocks.
This cost added up to over 10 billion.
Bai Hanmo was frustrated. Extremely frustrated.
Bai Hanmo was frustrated, and Ding Yan was even more so. He felt betrayed. After the divorce, his ex-wife had backstabbed him.
Now the company belonged to the Bai family, and the decline in stock value caused Ding Yan’s money to vanish as well.
He was betrayed not only by his ex-wife but also by his daughter.
Ding Yan, enraged, slapped Ji Lu several times, knocking her to the ground.
Ji Lu covered her face and cried.
“You’re teaming up with your daughter to troll me, aren’t you?” Ding Yan yelled, his face ashen with anger, grabbing Ji Lu’s hair. “What did you tell your daughter? It was just borrowing money, not buying the company outright.”
Ji Lu was pulled by her hair, her face contorted in pain. She kept saying, “That’s what I told Ningdie. I didn’t know my son-in-law would buy the company outright.”
Ding Yan pulled Ji Lu’s hair fiercely, making her lift her chin in pain.
Ding Yan was not a gentleman. In the past, when he was angry, he would even slap his own wife.
He cared even less about Ji Lu. The sense of powerlessness from losing the company made him irritable.
He felt like he had lost everything.
“Without me, do you think you and your daughter would have any kind of good life? Do you think that if you managed to get a connection with the Bai family, you’d live any better?”
Ding Yan roared.
Ji Lu felt entirely wronged. What influence did she have over the Bai family’s decisions?
Only her daughter had some sway with Bai Hanmo.
Translator: Kaho
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