What will Happen If Public Company is TAKEN OVER to PRIVATE?What Happens to Shares When a Company Goes Private like what the pumper is forecasting here?
When a publicly traded company becomes a privately held company, in this case, the public company's shares are used to pay the "matured" debt by the debtholders taking over the company. The company is delisted from the stock exchange where its shares formerly traded. Shares now can no longer be traded publicly hence share holders equity will be Z E R O