2006-09-11 07:52:41 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
You should have gotten a payment for the fair market value of the shares you owned. "Going private" means that a company is buying back all of the shares on any stock exchanges (NYSE, AMEX, NASDAQ).
2006-09-11 08:00:14 · answer #1 · answered by Richard H 7 · 0⤊ 0⤋
That means someone has teamed up with your company's management and have purchased a big portion of stocks to take the company private. If you have stocks, you should be able to sell to those guys for their agreed purchase price.
2006-09-11 15:02:47 · answer #2 · answered by hahagoodguy 2 · 0⤊ 0⤋
It means that management or someone else has come in and acquired all the shares for cash or stock in another company. It does not mean you lost money. It means now that the shares are not publically traded and their value is not determined by the public marketplace.
2006-09-11 14:59:33 · answer #3 · answered by bamski 1 · 0⤊ 0⤋
No, it does not mean you lose. Who ever is buying all the shares will have to buy the shares that you own in order to take it private. Therefore, you should be receiving some information about the shares you own. They will likely to buy your shares and if you say yes, they'll send the check.
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2006-09-11 19:39:18 · answer #4 · answered by buklao 3 · 0⤊ 0⤋