If the company goes private, shareholders are compensated by ESL with an offer to the company and its shareholders, stipulating the premium over the market price it’s willing to pay for the company's shares. If a majority of the voting shareholders accept the offer, ESL then pays the consenting shareholders the purchase price for every share they own.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.