What happens to individual’s stock when the company of that stock gets brought out by a PE group?
Say i hold 10 shares of stock in Home Depot ( which i think is in the process of a buy-out?) and find out that it’s going to get brought out by a PE group, and taking it private. What happens to my 10 shares of stock, am i forced to sell it to the PE, or does it grain in value while the company is private? Basically does the Private Equity group buy every single stock in the market or only certain ones?
when the shareholders vote, all shareholder must sell. part of the rules. the notice of sale and the cash will just appear in your acct.