If I buy shares in a company listed on the NYSE which is 65% owned by another company and eventually the other company decides to buy 100% of the listed company, what happens to my shares/investment?
If I buy shares in a company listed on the NYSE which is 65% owned by another company and eventually the other company decides to buy 100% of the listed company, what happens to my shares/investment?
Every takeover is different. The acquirer may use cash, script (e.g. The buyer offers 6 of its own share for every 10 shares you hold), or a combination of cash and script.
If the takeover does come then you will be informed by the company of the consideration and the timing etc.
Every takeover is different. The acquirer may use cash, script (e.g. The buyer offers 6 of its own share for every 10 shares you hold), or a combination of cash and script.
If the takeover does come then you will be informed by the company of the consideration and the timing etc.
Takeover is nothing more than someone buying the company from existing holders... usually at a higher price than recent market price. It is usually the least of a shareholder's worry.