If I have shares of Company A and the company decides to go "private" or close up, what happnes to my shares?
Answer:
If they close shop a "liquidation return of capital" will occur where you will be cashed out.
To go private a tender offer is made, say $20 per share for up to 60% of the outstanding shares. If 50+% of the shares accept the new management has enough votes to take the company private. All the non tendered shares are then cashed out usually, but not always, at the tender offer price.
if they go belly up your out of what your paid for your shares. If they go private then so one will make a offer on the outstanding shares . The shareholder will then vote on it and if the shareholder decide to sell out . You are paid for your shares . Just like Hershey , a few years back
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