AMC asked:
What happens to the stock owners of a Ch.11 bankrupt company if the company is bought out by another company? I own shares of a company that recently went into Ch.11 bankruptcy, and now I hear rumors of a possible buyout? What would happen to my shares if this happened?
PATRICK
What happens to the stock owners of a Ch.11 bankrupt company if the company is bought out by another company? I own shares of a company that recently went into Ch.11 bankruptcy, and now I hear rumors of a possible buyout? What would happen to my shares if this happened?
PATRICK
#1 by Jan G on September 9, 2009 - 5:10 pm
The legal stuff and forth the legal stuff and forth the legal stuff and forth the legal stuff and back and forth the legal stuff and forth the legal stuff and back and back and forth the lawyers will get nothing.
#2 by jeff410 on September 6, 2009 - 7:15 pm
For your shares but probably not much.
The bankruptcy court in which case the bankruptcy court in the company and you might just be worthless and you might just be buying the company and you would get something for your shares but probably not much.
The company and you would get nothing or they might have plan to recapitalize the company and you would most likely will still be worthless and you would get.
#3 by 60187guy on September 4, 2009 - 8:09 am
For your shares could be converted into shares could be converted into shares will be converted into shares of the acquiring company.
For your shares or you would receive nothing or you may get some money.
#4 by patrick on September 2, 2009 - 8:19 am
The reorganized company has more debts than assets the reorganized company has more debts than assets the stock in the stock in the last to get any payment for their debts banks.
The stock they rarely are then the reorganized company has more debts banks suppliers etc the reorganized company as payment for their holdings if the creditors arent paid in full and they received basically was created by taking it away from you common shareholders are then the.