If Google or Microsoft does a complete buyout it most likely will be in shares. However, my thought is that there will be no buyout. Ad naseum it will most likely be a buy-in by a company or consortium. I stick with Microsoft.
I am not a tax expert but you will have to make a decision on what to do on a cash buy-out. I believe if you take the cash then you are going to have to pay a capital gains tax. But so what you just made a mint. On the other hand, a buyout for stock may not be a taxable event.
Again if a buy-in takes place I feel there will not be a tender period. It will just be YAGI being taken out with a big infusion of cash. The stock price will rise. It will be up to you to decide when and where to sell. Just watch what Washington DC and the current administration being hell bent on raising taxes and taking our money so they can redistribute it to others they deem to DESERVE it. You may want to make the taxable event this year compared to future years if the tax rates are going up.
Let's wait until things happen. Then decisions can be made then.
Definition: HangDog (noun) - a flea bitten, deadbeat I-hub poster living in an asylum.
