Chapter 7 - The Hostile Takeover
While Ethan was busy trying to salvage his public image through fake PR statements, Julian was executing a masterclass in corporate warfare.
For three years, Vance Logistics had been quietly accumulating shares in Sterling Financial through secondary private equity firms.
The morning after the gala scandal, as Sterling Financial stock plummeted by twenty-five percent due to public outrage, Julian called an emergency board meeting with Sterling Financial's institutional investors.
Sitting at the head of the conference table in his high-rise office, Julian presented a multi-billion-dollar buyout proposal.
"Ethan Sterling’s personal conduct has rendered him a toxic liability to your brand," Julian stated coldly to the board members on the video screen. "I am offering a thirty-percent premium to acquire controlling interest in Sterling Financial."
By noon, three major board members voted to sell their voting shares to Julian, giving Vance Logistics a controlling fifty-one percent stake in Ethan’s family firm.
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When Ethan walked into his office at 2:00 PM, he found his keycard revoked and his personal belongings packed neatly into cardboard boxes outside his door.
👉 Read PART 8 to see the dramatic courtroom showdown over custody!
