Comment Impact on shareholders when company goes private? (Score 1) 214
Corel has been a publicly held company and many people own their shares. Now a venture capital firm is buying them out at $1.05 US per share.
Does anyone know how shareholders are typically compensated when a public company goes private?
Does the brokerage charge fees as if the shareholder traded?
On the day of the sale, does the shareholder just get cash put into their brokerage account equivalent to the last listed value of the shares?
Does anyone know how shareholders are typically compensated when a public company goes private?
Does the brokerage charge fees as if the shareholder traded?
On the day of the sale, does the shareholder just get cash put into their brokerage account equivalent to the last listed value of the shares?
