InvestorsHub Logo
Followers 0
Posts 101
Boards Moderated 0
Alias Born 02/18/2010

Re: None

Sunday, 05/22/2011 8:14:21 PM

Sunday, May 22, 2011 8:14:21 PM

Post# of 34471
Can anyone answer the following that was posted on YMB.....


"I don't short stocks so I am not well versed on some scenarios that may occur with stocks like CCME.PK.

What happens to short positions if CCME.PK receives and accepts a buyout offer? For example, if an investor is short CCME.PK at $9 and they are still holding the position -- and the company receives a buyout offer for $11 -- what happens to the shorts if the buyout offer is accepted by the CCME BOD and the offer is from a legitimate PE group with solid financing?

Sorry for a dumb question but just curious."
Join InvestorsHub

Join the InvestorsHub Community

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.