Message Font: Serif | Sans-Serif
No. of Recommendations: 0
Talpas asks,

Another question, anyone, Can I be forced to "tender" stock. What if I do not want to sell my stock?

No. You can't be forced to tender your shares if you don't want to.

However, if another company has tendered an offer for 100% of the shares of your company and they get 99.9%, you will now be the proud owner of an "orphan stock". Since the stock is now very thinly traded it will be very difficult if not impossible to sell. And if you can find a buyer, it will probably be at a big discount.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.