My Business Partner Sold Our Company Behind My Back. He Didn’t Know I Owned the Building.

My Business Partner Sold Our Company Behind My Back. He Didn't Know I Owned the Building.

Part 1

The wire hit my phone at 9:47 on a Tuesday morning, and the sender was a company I’d never heard of.

$2.4 million. Reference line: PURCHASE — HALSTEAD & LYNCH LLC, ASSET SALE.

I was standing in the Kroger parking lot with a gallon of milk sweating through the plastic bag. I read it twice. Then I called my business partner.

Marcus picked up on the fourth ring, and I could hear an airport in the background.

“Hey, Del. Listen, I was going to call you this afternoon.”

Twenty-two years. That’s how long Marcus Halstead and I had been in business together. We started Halstead & Lynch out of the garage behind my mother’s house in 2002, hand-lettering signs for a diner that paid us in pancakes. We built it into a print and design shop that employed fourteen people and grossed almost four million a year.

He was the best man at my wedding. I was godfather to his son.

“Marcus,” I said. My mouth had gone dry. “There’s a wire in the operating account for two point four million.”

Silence. Long enough that I heard a boarding announcement.

“I sold the business, Del.”

I don’t remember dropping the milk. I remember the sound of the jug hitting the asphalt and the white spreading out around my shoes.

“You what?”

“To Prescott Media Group. It closed this morning. The paperwork is at the shop, I left everything in your office.”

“Marcus.” I could barely get the word out. “We’re fifty-fifty partners. You can’t sell the company without my signature.”

“I didn’t sell the company.” He said it slowly, like he was explaining something to a child. “I sold my half. Prescott is buying you out too, per the shotgun clause. You have thirty days to either match the offer or take the two point four and walk. Check the operating agreement, section nine.”

Section nine. The clause we’d put in twenty-two years ago because our lawyer said we should. The clause I’d never once read since.

“Marcus, why.”

He sighed. Not sorry. Tired.

“Del, you were going to run this thing into the ground with your loyalty to the old accounts. Prescott is going to modernize it. It’s just business. I got us a good number.”

“You got yourself a good number.”

“Same thing.”

He hung up.

I stood in the parking lot for a long time. A man in a red vest came out and asked if I was okay, and I told him I’d dropped my milk. He got me another gallon. I paid him back inside and drove to the shop.

The parking lot was already different. There was a black SUV I didn’t recognize, and two men in suits I’d never seen were walking the production floor with clipboards. Our press operator, Denise, saw me through the glass and mouthed *what is happening.*

I went to my office. On my desk was a manila envelope with my name on it in Marcus’s handwriting, and a Post-it note that said *Del — call the lawyer, he’ll walk you through it. Sorry it went this way. — M.*

I opened the envelope. The purchase agreement was sixty-eight pages. I flipped to the signature page. Marcus’s signature. Notarized. Dated three weeks ago.

Three weeks. He’d been sitting across from me in staff meetings for three weeks knowing this was coming.

I sat down in my chair and I did not cry. I have not cried since my father’s funeral in 1998 and I was not going to start in front of two men from Prescott Media Group.

Instead I opened my desk drawer and I pulled out a different folder. A blue one. The one I’d kept locked in there for nineteen years, since the day my mother died and left me her estate.

Inside the blue folder was the deed to the building at 4400 Industrial Parkway.

The building Halstead & Lynch had operated out of for the last nineteen years.

The building Marcus had always assumed we leased from a management company, because that’s what the invoices said, because that’s what I’d set up on purpose after my mother’s lawyer suggested it, back when Marcus was going through his divorce and I didn’t want anyone’s soon-to-be ex sniffing around my mother’s assets.

The lease was up for renewal in forty-one days.

I picked up my phone and I called my lawyer, and I said, “Ronald. I need you to come to the shop right now.”

Then I walked out to the floor, smiled at the men from Prescott, and offered them coffee.

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