Chapter 5823

“Without going public, Gideon could only hold onto this business and its annual profit of tens of millions of dollars. What he actually gets in hand is just about tens of millions. His dream of going public and cashing in several hundred million seems hopeless.”

Charlie was surprised by how quickly Sophie could summarize so much useful information in just 10 minutes. He greatly appreciated her business acumen, judgment, and skills.

He asked Sophie, “Miss Schulz, from your perspective, how much should we offer to successfully acquire this company?”

Sophie replied, “Mr. Wade, based on the information I've gathered so far, Gideon, their boss, publicly holds 57.6% of the shares, but when factoring in other equity structures and option holdings, the overall ownership should be around 78.5%, making him the unquestionable major shareholder. To successfully acquire Violet Group, as long as we can get Gideon's approval, it will be considered a success.”

“Judging from Gideon's current income