Home


Keywords:buying stocks general
Last Date:2011-02-04

Question: Buying Stocks In general?

If I were to buy Stocks in a company example Bank Atlantic and the bank were taken over by another bank like PNC what would happen to my stocks .


Answer:

Depends on the sales agreement. You might get your shares bought out, your shares might be converted into new stocks, or you might get nothing.

You would either be forced to sell your Bank Atlantic shares at a specific price, or your shares would be converted to PNC shares.

©2003-2012 Copyright www.channellines.com 
Copyright/IP Policy Contact Webmaster