How does a public company go private? Don’t they have to convince all shareholders to sell back their shares?

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How does a public company go private? Don’t they have to convince all shareholders to sell back their shares?

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Anonymous 0 Comments

They only have to get 51% of the stock back to decide that they will pay the rest of the people the highest price they paid. You are losing your stock, when the company goes private. You could go to court, and perhaps get more, but it’s unlikely.

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