Junior companies being bought out

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tollpusher

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Junior companies being bought out

posted on Nov 22, 2010 04:51PM

I wonder if may be bought out while the SP is at a ridiculously low price !!

I originally bought stocks in a smaller company that was taken over by a somewhat larger junior and lost value in the transaction. This company is now in a "friendly deal" takeover where the board unanomiously recommends it to the shareholders. If the deal goes through I'll get 60 cents on the dollar. This company also have share holder rights, but how much value is there in individual stockholder's votes versus the institutions ?