Son-In-Law Gets an Upgrade -
Chapter 624
Chapter 624 The Last Chance For The Jenningses
After Stuart and his father disappeared. Penguin Group quickly made new arrangements and appointed someone else to helm the Ivy Media Group.
The new person in charge of Ivy Media Group was Caroline. Allegedly, she was Malcom's daughter. though that rumor had not been proved.
After Caroline was appointed, she quickly made adjustments for the company.
The overall plan was to compete with the Four Seas Corporation for the market in Nebula City and the Southwest Region. However, unlike Stuart and his brother, they would not be opposing the Four Seas Corporation so openly.
Caroline was still quite sensible.
Stuart and his brother had opposed the Four Seas Corporation brazenly right from the start. Not only did they fail to kick Four Seas Corporation out of the market, but they had also disappeared in the end. No one would believe it if someone said that the Four Seas Corporation had nothing to do with it.
Caroline had always kept a low profile. Hence, not only did she not make an open declaration to oppose the Four Seas Corporation, but she even put up a weak front and announced the possibility of collaborating with them.
After coming for a week, Caroline realized that Stuart had not only made the company lose five hundred million, but also lent a hundred million from the company's account to the Jenningses. When she investigated it, she found out that the Jennings family only owned a small business. Hence, she instructed someone to bring the IOU to them and collect the money back.
As Jacob had signed the IOU with Demi, the person from Ivy Media Group looked for him directly.
However, he could not fork out the money at all. As he had also lost the company's funds to gambling, he could not repay them.
Demi found out about it soon enough. When she heard that Jacob had used the company's funds to gamble and lost everything, she fainted from fury and got hospitalized. Even so, that did not stop the Ivy Media Group from demanding their money back.
The Ivy Media Group gave the Jenningses a week to prepare the money. If they still failed to do that after a week, the Ivy Media Group would sue them.
If that happened, the Jenningses' only way out was to sell the company to repay the loan.
Upon that thought, Demi's illness worsened.
The entire Jennings family was in despair. Jacob's father beat him up terribly and stripped him from his position as the general manager.
Unlock succeeded to get a strong comm
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The Last Chance For The Jenningses
Brian shook his head and said. "Upon hearing that we've offended the Ivy Media Group no one is willing to buy the Jennings Corporation's stocks. I've met the chairman of the Ivy Media Group too and asked if she is intending to acquire the Jennings Corporation. I even offered to sell 49% of our stocks for a hundred million. However, she isn't even interested in the Jennings Corporation and insisted on us repaying
the
Joan."
Brian's wife chimed in. “Mom, that good-for-nothing owed the Zucker family's casino five million. The interest racks up to hundreds of thousands each day. Not only are we unable to repay the Ivy Media Group, but the Zucker family has also sent people over to hound us. They said that if we can't repay the loan within three days, they'll settle it with us in court. Im worried that even if the Ivy Media Group will spare us, the Zucker family won't!"
Although she was Jacob's mother, she was overwhelmed with fury upon hearing how Jacob had destroyed the company's future.
Demi's expression was grim too. She did not expect her grandson, whom she had such high hopes for, to do something like that.
"Let's plead with Heather. Only she can convince the chairman of the Four Seas Corporation. If he acquires the Jennings Corporation, we'd still have hope," said Demi as she heaved a deep sigh. In her opinion, that was the Jennings Corporation's last hope.
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