Submitted by hellothere564738 t3_yffqbu in explainlikeimfive
boring_pants t1_iu3fh3g wrote
Reply to comment by hellothere564738 in ELI5 How can a public company become private? by hellothere564738
The company isn't "your property". You own a very very small share in that company. Decisions about the company are taken by the majority owners, not by you, personally.
And if the company decides that "all shareholders will get a chunk of money, and their shares will cease to exist" then that is what is going to happen.
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