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BSC Shareholders
When there is a take over/buyout as this weekend with JPMorgan/BSC, what typically happens to the stock of the shareholders that are being bought out? I thought either two things could happen, correct me if I'm wrong..
(A)BSC shareholders would give up their shares at the purchase price ($2!!!!)
(B)BSC shareholders would get shares of the new company
If either/both of the scenerios above are an option.....
(A) IN two trading days, some poor souls will end up with losing all of their shares for TWO freaking dollars from $57?
(B) How do they decide the # of shares one would receive?
Or (C)...You're way off NewB...this is what really will happen.
Thanks again.:beerglass::biggrin::beerglass:
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