RE:RE:Warrants at buyoutHi, this is what I have seen. If the buyout is in cash then you would receive cash based on the intrinsec value and buyout price. Buyer could also adjust for time value if the deal is well negotiated by the seller so it is not a black and white situation.
In case of a buyout in shares, you would receive warrants of the acquiror. The expiration date usually stays the same but the exercise price and the number of warrants received in exchange of old warrants would be adjusted based on the transaction price of the common shares (same ratio).