LEXCORP

Scene:  Patrick and Leslie’s office…..

Patrick (on his cellphone):  Hello?

Ed McCormick:  Hey, Pat.  It’s Ed.

Patrick:  Ed.  What do you have for me?

Ed McCormick:  OK.  Here it is.  That holding company that Alexis set up.  LEXCORP.  That was the company she set up after LEX-DEX was dissolved.  There was a 30% block of company stock divided between Fallon, Steven and Amanda.  What happened was Alexis invoked a little known emergency clause in the shareholder agreement and took her children’s shares and transferred them to her own control.  Unfortunately, since it was written into the agreement, what she did was perfectly legal.

Patrick:  So the Teflon Bitch wiggles out of another one.  Thanks a lot, Ed.  We’ll be in touch.  Bye.

Leslie:  So what happened?

Patrick:  Fallon, Steven and Amanda’s shares of LEXCORP are gone because Alexis took them for herself.  She used some sort of emergency clause in the shareholder agreement.  That gave it the air of legality.

Leslie:  So, she stole their shares right out from under them?

Patrick:  Basically, yeah.

Leslie:  She probably did it to protect herself in case Colbyco falls victim to a hostile takeover.

Patrick:  That’d be my guess.

 

(a few minutes later)

Dex:  Hey, guys.  Mind if I come in?

Patrick:  Dex. What brings you in here?

Dex:  I have some news.  I’ve decided to unload my 10% stake in Colbyco.

Leslie:  What???  Why???

Dex:  Well…..with the increased business Colby/Dexter International is going to be getting because of the new oil leases and the continued work on the pipeline from Canada and spending time with my lovely new bride, I just don’t have the time to devote to fighting Alexis.

Patrick:  I see your point, but what are you going to do with it?

Dex:  I’ve put it on the open market.

 

(meanwhile at the Brown Palace Hotel – Denver)

Jesse (on his cellphone):  Yes…..I now own 10% of Colbyco?…..Great…..Can you make arrangements for me to buy 15% of LEXCORP stock…..let me know what you find out…..Thanks.  Bye.

 

(meanwhile back at Denver-Carrington Center)

Patrick:  Miranda.  Can you have Steven and Fallon come up to our office please?

Miranda:  Yes, Patrick.

Steven:  We’re here, guys.

Fallon:  Did you find anything out, Baby Brother?

Patrick (with a look of concern):  Oh yeah.

Steven:  Tell us what you found out.

Fallon:  Yeah, Baby Brother.  Tell us.

Patrick:  Those shares of LEXCORP are not…..gone…..per se.

Steven:  What do you mean?

Patrick:  Your mother stole those shares right out from under you.  She invoked some sort of emergency clause, which made it legit.

Steven:  I don’t believe this.   I bet she did it to get even with me for marrying Sammy Jo again.

Fallon:  Mother does it to us again.  Adam goes and shoots her in cold blood and she starts off protecting him.  Us?  She just throws under the bus.

Leslie: She probably did it to keep Colbyco afloat.

Fallon:  It’s always her precious company first and family second…..if that.

Patrick:  I’m not saying YOU’RE wrong, Sis, but Steven.  If she was trying to get even with you for Sammy Jo, I would think she would have robbed just you.  Not Fallon and Amanda too.

Leslie:  I think she also did it because according to what Tiffany Horner was telling us the other day, she’s over extended to banks all over the world. So, she’s probably trying to ward off her creditors.  With regard to Adam.  once she found out that he was running her company into the ground, she threw him under the bus.

Fallon:  Again!  Her and that damn company!

Jason (comes up to Patrick and Leslie’s office):  Hey, Boss.  I was looking at that LEXCORP shareholder agreement.

Patrick:  And?

Jason:  Unfortunately, it’s true.  What Alexis did was perfectly legal.  It sucks, but it’s perfectly legal.

Patrick (hears his cellphone):  Hello?

Ed McCormick:  Pat.  It’s Ed.

Patrick: What do you have for me this time?

Ed McCormick:  Well…..there’s a 10% stake of Colbyco was unloaded this morning.

Patrick:  That must be the 10% stake that Dex sold off.

Ed McCormick:  Well…..it was just bought.

Patrick:  The whole thing???

Ed McCormick:  Lock, stock and barrel.

Patrick:  Do you know who the buyer was?

Ed McCormick:  Yeah.  I do.  His name is Jesse Atkinson, Jr.

Patrick:  I’ll be damned.  Thanks, Ed.  Bye.

Leslie:  Was that Ed?

Patrick:  Yeah.

Leslie:  What was it?  What happened?

Patrick:  Jesse Atkinson, Jr. bought up all of Dex’s shares of Colbyco.

Leslie:  Adam’s son.  Which means…..

Patrick:  There are going to be three armed camps battling for control of Colbyco.

Leslie:  Does Adam even know that Jesse even exists.

Patrick:  He must know that he exists, but…..does he care?  To be honest, I don’t ever remember Adam even talking about him.  I mean…..before yesterday, I didn’t know that much about him myself.  I only heard you mention him in passing a few times.

 

(meanwhile at Alexis’ office – Colbyco)

Fallon:  WELL…..YOU’VE DONE IT US AGAIN, MOTHER!!!

Steven:  What gave you the right???

Alexis:  Steven.  Fallon.  I’m sorry.  I had no choice.  Please believe me.  My back was against the wall.

Steven:  You could have at least consulted with us before you did anything like this.

Fallon:  I told you this in Vail and I’m telling you again now.  We’re through.  We’re over.  We’re done.

Steven:  I know you hate, Sammy Jo, so, don’t even bother showing up Saturday.  Oh.  Just so you know.  Dex unloaded his shares of Colbyco this morning.

Alexis:  What???  Do you know who bought them?

Steven:  Yeah.  His name is Jesse Atkinson, Jr.

Alexis:  Atkinson?

Fallon:  He’s Adam’s son with that surrogate, Karen Atkinson.

Alexis:  Oh my God!

 

 

Special Guest Star:  Zac Efron as Jesse Atkinson, Jr.