The Pumper PROMOTING PRIVATE TAKEOVER = Investors' worth= 0THIS HAS BEEN THE PLAN FOR YEARS
PRIVATE MEANS INVESTORS WILL HAVE NOTHING
When a publicly traded company becomes a privately held company, the public company's shares are purchased by the debt holders (or the original insiders) t. The company is delisted from the stock exchange where its shares formerly traded. Shares now can no longer be traded publicly