tingly_bits t1_iu7lifs wrote on October 29, 2022 at 4:10 AM Reply to ELI5: Now that Twitter is a private company and is no longer publicly traded, what happens to all the shares that were held by Twitter's former shareholders? Do they just lose all the money they had tied up in Twitter stock? by modern_aftermath They get bought out by the people buying the company, often at a price significantly higher than the current stock price. Shareholders must hold a vote and accept the offer of the purchasers Permalink 6
tingly_bits t1_iu7lifs wrote
Reply to ELI5: Now that Twitter is a private company and is no longer publicly traded, what happens to all the shares that were held by Twitter's former shareholders? Do they just lose all the money they had tied up in Twitter stock? by modern_aftermath
They get bought out by the people buying the company, often at a price significantly higher than the current stock price. Shareholders must hold a vote and accept the offer of the purchasers