Female Novel
Chapter 359
Nevertheless, just having money was useless. If you had money, but not the knowledge of managing a
company, problems will definitely arise later in the company.
This year, Aaron and Hendrix had discovered the profitable points of Fantasia Company. They were
both experts in management. What they wanted was not to finance the company but to acquire the
whole business.
I sat back in my seat half an hour later after I finished my presentation. One of the shareholders of
Fantasia Company asked dubiously, "Director Reid, have you worked in the Roberts Group before?"
I was surprised by that question. I knew nobody in Fantasia Company and was never featured in any of
this city's headlines. Looking at the shareholder, I recollected myself. "Yeah, I used to be the project
director of Roberts Group."
Everyone at the meeting table looked at each other and paused at the news that I've just delivered.
Sherman looked at me and said, "Director Reid, I'm pretty sure you know this better than we do. For
this past year, Hendrix Roberts from the Roberts Group had the intention of acquiring our business as
well. But for some reason, he gave up the intention to purchase our business. What I would like to
know is, did you play a role in this?"
He continued with a smile. "Although Fantasia Company joined Granger Group through acquisition, we
all know that what you truly value are our technicians. I hope that we can be honest at this point."
Sherman was straightforward with his words. I smiled lightly and said truthfully, "The president of
Roberts Group is my husband. I did play a role in Roberts Groups giving up on the acquisition of
Fantasia Company."
Saying that, everybody began whispering with each other. Sherman said calmly, "If that is so, can I
know why did you stop Roberts Group from acquiring our company? If we compare, Fantasia would
have a much better future and development if acquired by Roberts Group."
I nodded and said, "Yes, indeed that is true." After a pause, I continued. "But have you forgotten that
the Roberts Group still has Advancer Tech? Advancer Tech and Fantasia are both technology
companies. After a careful analysis, you'll realize that Roberts Group doesn't really want Fantasia that
much actually. They only wanted the technology that Fantasia has, but these aren't hard to find on thenovelbin
market. The Roberts' acquisition of Fantasia isn't really that profitable at all for the Roberts Group.
That's why Hendrix has been pushing the matter of acquisition for six months!"
Looking at Sherman, I continued. "Mr. Hathaway, you should know that a tech company would not
simply acquire another tech company if the company itself wasn't at a substantial stage. The Roberts
Group's main profits are from property and they only have one tech company, which is Advancer Tech,
under their wing."
Sherman nodded. He pursed his lips and frowned, then went deep into his thoughts. He paused and
said, "We don't know much about the situation of Granger Group. In terms of the proposal, the benefits
offered by the Granger Group are definitely favorable but we can't know for sure if Fantasia Company
will do better under Granger Group in the future."
Irvin raised his eyebrows and said, "Granger Group's business mainly specializes in technology. Of
course, we also specialize in jewelry and others. However, we still have our expertise in the technology
industry. The main reason why we want to acquire Fantasia is because we think highly of the R&D of Al
in Fantasia. Of course, with the acquisition comes a requirement. Within a year's time, Fantasia must
come out with something new with their Al technology. Or else, it'll be retrenched and the company will
just be seen and developed as a normal tech company."
Most of the shareholders at the meeting table turned pale upon hearing Irvin's words. If Fantasia failed
to meet Granger Group's requirement after the acquisition, Fantasia would then be totally ousted by the
market.