Hold the Dream. Barbara Taylor Bradford
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‘Think what you will,’ she said, after a slight pause. ‘But regardless of whoever formulated the deal, that’s it, as I’ve outlined it. It’s a take it or leave it situation.’
‘Then we’ll leave it, thank you very much,’ Sebastian shot back, filled with rancorous hatred for her and her strange yet compelling beauty, her money and her power. His dark eyes blazed, as he added, ‘Who the hell needs you or your grandmother.’
‘Now, now, Sebastian, let’s not be too hasty,’ John Cross soothed. ‘And please, do calm down.’ He threw his son a cautionary look, then turned to Paula, his whole manner unexpectedly conciliatory. ‘You must make allowances for my son. Naturally he’s rather upset. After all, your proposal came as something of a shock to him. He is very committed to Aire Communications, as I have always been, and he has no desire to leave the company. Neither do I. In short, we both expect, indeed fully intend, to continue in our present positions. I as chairman of the board, and Sebastian as managing director. Harte Enterprises would have to agree to that.’
‘I don’t believe that is possible, Mr Cross,’ Paula said.
‘Forget it, Dad,’ Sebastian almost shouted. ‘We’ll go elsewhere for the money.’
‘You’ve nowhere else to go,’ Paula could not help retorting icily, reaching for her briefcase on the conference room table. She stood up, announced with finality, ‘Since we seem to have reached an impasse, there’s obviously nothing more to say. I think I’d better leave.’
John Cross sprang to his feet, took her arm. ‘Please,’ he said quietly. ‘Please sit down. Let’s talk a little more about this.’
Paula hesitated, staring at him. Throughout their relatively short meeting, whilst his son had blustered and snarled, John Cross had adopted a stance of inflexibility, displayed a quiet but firm resoluteness to make the deal on his terms, despite their original understanding. Now, for the first time, she detected a sign of wavering on his part. And whether he was aware of it or not, the preceding months of tension and anxiety had taken their toll. The troubles of his floundering company were much in evidence, clearly imprinted on his gaunt and weary face, and there was a quiet desperation behind the bloodshot eyes which held a hint of new panic. He knows I’m right about everything, she thought, carefully assessing him yet again, but he just won’t admit it. The fool. She instantly corrected herself. The man standing before her had built up Aire Communications from nothing, so she could hardly characterize him as a fool. Misguided, yes; and, regrettably, he suffered from the serious malady of paternal blindness. He had long invested his son with qualities Sebastian did not possess, nor was ever likely to possess, and therein lay his downfall.
‘All right,’ she said at last, seating herself tentatively on the edge of the chair. ‘I’ll stay for a few minutes to hear what you have to say. But very frankly, I meant it when I said we’d reached an impasse.’
‘That’s not strictly true, in my opinion,’ he responded, smiling faintly, and his relief at her continuing presence in his board room was barely concealed as he took a cigarette and lit it. ‘Your proposition is a bit preposterous, you know. We want new financing. We don’t want to be taken over and thrown out of our own company. No, no, that’s not what we had in mind when we came to you,’ he finished, shaking his head several times for added emphasis.
Paula gazed at him in amazement. She gave him a curious smile. ‘You’ve just pin-pointed the crux of the matter. You came to us, remember. We didn’t seek you out. And you certainly knew enough about Harte Enterprises, and how we operate, to understand that we never invest in companies that are in trouble. We take those over, reorganize them, and put them under new management. Our management. In other words, we get them running smoothly, efficiently, and on a profitable basis. We’re not interested in financing other people’s continuing disasters. It doesn’t pay.’
John Cross winced at this unmistakable thrust, but resisted the parry. Instead he said, ‘Quite so, quite so. I’ve been thinking … Maybe we can arrive at a workable compromise–’
‘Dad! Don’t!’ Sebastian exploded irately, moving violently in his chair.
His father held up one hand, and frowned at him. ‘Hear me out, Sebastian. Now, Paula, here’s what I think we might do, how we might make a deal after all. Harte Enterprises could buy fifty-two per cent of Aire Communications’ shares. That gives you the control you insist you must have. You put in your management, reorganize as you wish, but you must let us stay with – ’
‘Dad! What are you saying? Are you crazy?’ Sebastian bellowed, his flushed face darkening considerably. ‘Where would that leave us? I’ll tell you where. Out in the bloody cold, for Christ’s sake.’
‘Sebastian! Please,’ John Cross shouted back, finally losing his composure, his exasperation running high. ‘Let me finish for once in my life.’
‘Just a minute, Mr Cross,’ Paula cut in rapidly, her irritation echoing in her voice. ‘Before you go any further, I must point out, yet again, that we wouldn’t be interested. It must be a full buy out. One hundred per cent or nothing. And I told you this right from the – ’
‘That’s the old monster talking again, Dad,’ Sebastian interrupted derisively, his mouth contorted into an ugly line. ‘Emma Harte! Jesus Christ, the only heart she’s got is in her name. Don’t deal with them, Dad. They’re vultures, both of them, and this one learned well at the knee of the master, that’s patently bloody obvious. She wants to swallow us up, in the same way her grandmother has swallowed up companies over the years. I told you, we don’t need them.’
Paula chose to ignore this unruly and vindictive outburst, deeming it unworthy of a response. She focused all of her attention on John Cross. She was appalled at his deviousness and enraged, but controlling herself, she said as evenly as possible, ‘I started to say, that I quite clearly recall mentioning the full buy out to you, Mr Cross, long before today’s meeting. I find it hard to believe you’ve forgotten the protracted conversations we’ve had about that very matter.’ She gave him a hard stare, wondering if he thought she was stupid.
John Cross coloured under her sharp scrutiny. He remembered her initial statements only too well. But he had hoped to get Harte Enterprises interested in the company, whet Emma Harte’s appetite, then structure the deal to suit himself. He had been elated when he had realized it was Paula who would do the negotiating. He had believed he could manipulate her, and the situation, to his advantage. His plan, had somehow misfired. Maybe Sebastian was right. Yes, Emma Harte was undoubtedly working behind the scenes; all of this had her unmistakable stamp to it. An unreasonable anger surged through him, and he exclaimed heatedly, ‘Look here, you’re not being fair.’
‘Fair,’ Paula repeated. She smiled thinly, added in a clipped tone, ‘The issues of fair or unfair just won’t play in this instance.’ She held him with her startlingly blue eyes. ‘I’m surprised to hear you use that word. I told you, at the outset of today’s meeting, that Harte Enterprises is prepared to pay you two million pounds for Aire Communications. That’s more than fair. It’s downright generous. Your company is in an unholy mess. It could go belly up at any moment.’ She shrugged. ‘Well, I suppose that’s your affair, Mr Cross, not mine,’ She leaned forward, grasped the handle of her briefcase. ‘We seem to have nothing further to say to each other.’
The senior Cross said, ‘If, and I am saying if, we do decide to accept your offer, can my son and I remain with the company?’
She shook her head.
John Cross thought rapidly, came to an unpalatable but necessary decision. ‘I would be willing to step aside. After all, I am near retirement age.’ He stubbed out his cigarette, fixed his pale eyes on her. ‘However,’ he went on firmly, ‘you must reconsider your decision regarding Sebastian. No one knows this company like my son. Why, he would be invaluable to you. I must insist that he be appointed to the new board of directors and that he be given a contract for five years as special consultant. I would have