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PennyStock Alert

02/04/19 9:04 PM

#17999 RE: Gold prospector #17997

Some of the world’s most noted companies have gone from public to private, including Heinz, Dell Computer, and Hilton. In 2005, Toys "R" Us famously went private, when a purchasing group paid $26.75 per share to the company's shareholders. This was more than double the stock's $12.02 closing price on the New York Stock Exchange in January 2004. This example underlines that shareholders are indeed typically well compensated for relinquishing their shares to private concerns.