The giant hand behind them was terrifying, instantly pushing them to the brink.
For the Edwards family, preserving themselves in this situation was nearly impossible.
The stock market was being targeted.
In the real economy, former partners ruthlessly betrayed them. Both raw material suppliers and distributors uniformly decided to sever all ties with the Edwards family. What kind of power could make them do this?
Gloria couldn’t imagine.
Although she was the matriarch of the Edwards family, she never involved herself in its daily business operations. She was almost completely ignorant of business matters. Now, being forced into this role, how could she possibly handle everything perfectly?
So, when she heard the news, she panicked completely, having no experience in this area.
“Who is behind all this?”
She gritted her teeth in anger.
The person reporting to her trembled, “Madam, Virginia, the president of QM Group, publicly announced online that she wants to acquire our company.”
“What?”
Upon hearing this, Gloria felt mixed emotions. She was relieved that someone finally wanted to take over but worried about handing over the Edwards family’s years of business.
She was unwilling to give up.
“Miss Moran is a rising star in the Striudan business world. If she wants to acquire the company, it means we can use this as a gimmick to revive our company.”
The person continued, “Miss Moran said she would buy it for three billion dollars, not a penny more.”
Gloria’s face stiffened.
Currently, Time Group had a market value of ten billion dollars and was one of the top companies in Stresall.
Three billion dollars to take over Time Group? Wasn’t that a bit too much?
Gloria felt quite indignant.
Three billion dollars to buy Time Group? Dream on.
“If they look down on us so much, the Edwards family will hold out to the end. Virginia, do you think you can control everything?”
She wanted to hold on and negotiate a better price with Virginia.
Otherwise, Time Group would struggle to survive this attack and would have to be sold cheaply.
She couldn’t accept such an outcome.
In just one day, at the close of trading, Time Group’s stock hit the limit down and lost a fifth of its value!
Time Group was a listed company on the growth enterprise market board, with significant fluctuations. After hitting the limit down for one day, countless shareholders felt a sharp pain as if a piece of their flesh had been cut off.
That feeling was unbearable.
Losing a fifth of their assets in one day was hard for anyone to accept.
Moreover, things continued to escalate.
When the market opened tomorrow, it would undoubtedly be another bloodbath.
With Virginia’s public statement, Time Group’s situation worsened. Everyone knew it was targeted by Virginia for a low-price acquisition. Who else would dare touch this hot potato?
In this circle, few financial groups could go head-to-head with Virginia’s group.
The next day, the market opened!
Gloria watched nervously. Although she had arranged for people to save the market, in the first hour of trading, Time Group’s stock hit the limit down again and plummeted to rock bottom!
Many people were watching this battle.
They were terrified by Virginia’s ruthlessness; she was determined to crush them completely!
After this battle, even if Time Group survived, it would be severely weakened and crippled.
But at this rate, Time Group wouldn’t even have a chance to be crippled; it would be shattered!
At this moment, Virginia stood by a large floor-to-ceiling window, holding a lady’s cigarette between her fingers. Her beautiful face showed an indescribable cold arrogance. Hearing her secretary’s report, she smiled faintly and said, “Crush their stock price!”
“Tomorrow, negotiate with them again!”
“By tomorrow, their stock price will be only forty percent of its original value.”
“Continue shorting their stock. Manipulate several fund institutions to directly lower the stock price. Transfer it from one hand to another and clear out Time Group.”
“Yes!”
Virginia’s decisive methods greatly impressed her secretary.
QM Group was an all-encompassing conglomerate with many companies and industries under its umbrella.
Naturally, it had numerous financial companies as well.
Once these financial companies took action, crushing a small Time Group was as a piece of cake!