Chapter 452 Collaboration With Ambrose

1223 Words

  Three days later...   Ambrose gave a call to Lucia.   Upon answering, Ambrose stated, "The Calshaw Enterprise mortgaged 30% of its Horizon Bank shares in return for a $10 billion loan, which will expire next March. In other words, given Calshaw Enterprise's current financial state, they have to generate enough profits in March of the next year. Only then will Horizon Bank extend the loan further. Otherwise, the agreement states that it would seek Calshaw Enterprise to return the debt and seize their 30% stake."   "Therefore, it is likely that the Calshaw Enterprise is currently experiencing a state of anxiety." Lucia conducted an analysis. "Given the current conditions, the annual income of Calshaw Enterprise for this year is unsatisfactory. The income is inadequate, yet the expenditu

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