Post by
TheCanadianDude on Oct 20, 2022 12:27pm
What Happens to Shares When a Company Goes Private?
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