Private company buying public company
Posted: Sat Oct 17, 2020 12:16 pm
I was playing the other day and trying to gain control of another company. I had around 42% of the company and suddenly a private company acquired then this company. I was not given any cash as a result of this private company buying the company, I was instead given stock in the private company. However, there is no option to buy this private company when going to the Corp details page.
So a couple of questions. How did the private company buy the public company when they didn’t even have 75% of the company in ownership? Second, how do I get any of the cash back that I put into this company if the private company acquired it? Third, is it possible that this private company would eventually be able to be acquired and then I would essentially be able to buy it at a bigger discount since I already have ownership?
So a couple of questions. How did the private company buy the public company when they didn’t even have 75% of the company in ownership? Second, how do I get any of the cash back that I put into this company if the private company acquired it? Third, is it possible that this private company would eventually be able to be acquired and then I would essentially be able to buy it at a bigger discount since I already have ownership?