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What happens when compies go from public to private and can you still get stock read details?


okay I was thinking that it is reare but sometimes it happens it's usually a waste off company money but some companies become private after becoming public.. anyway one example is Linens and things inc.... I WAS thinking though that I don't think they can force the people who bought stock in them to sell SO THAT BEING THE CASE someone could still sell you stock as an investment JUST NOT ON THE NYSE as they have been taken off... DOES ANYONE know how you could find stck like this for SALE?

Actually you're force to sell. I've held 2 companies that have been bought out and been through this twice. Besides the tax consequences, it's been quite profitable for me, so I would of sold anyways even if I haven't been force to sell. It's not a simple delisting where you can still hold OTC stocks in the company.

You can maybe try buying shares in the company doing the buying out or joining the investment group that's buying out the company. If you had tons of money, you can rub elbows with the Carlyle group.

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