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TomSawyer

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TomSawyer

Re: MoneyMike93 post# 927

Friday, 10/07/2016 6:15:16 PM

Friday, October 07, 2016 6:15:16 PM

Post# of 1304
Our shares are automatically converted to cash in our accounts when the acquisition closes. The share price we get is computed based on # of shares and amount the company sold for.

So VERY BASIC (and terrible) EXAMPLE:

Say a company buys XCOM for $450M and there are 25 million outstanding shares, we get $18/share we own.

Disclaimer: My posts should not be construed as investment/trading advice and is not meant to be a solicitation or recommendation to buy, sell, or hold any securities mentioned. Please perform your own due-diligence and make your own investment decisions.

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