stock certificate for a company that was bought up by another company

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stock certificate for a company that was bought up by another company

I have a stock certificate for a company that was bought up by another company. How do I sell this stock now.It is no longer list on the exchange although the company that bought them is and they operate the original one still under the original name. Is this certificate automatically converted to stocks in the company that now owns them?

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stock certificate for a company that was bought up by another company

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Jun 17, 2010

Stocks Simplified Writes
by: Shaun

You know it depends on what the original agreement was. If you were actually holding the stock certificate and the company agrees to pay $X per share for the company then you would simply get a check in the mail and your certificate would be worthless.

It could also be that you are on record somewhere as a stock holder in the new company and if you wanted to get the certificate you would have to call them up and ask for it to be sent to you.

Either way I would contact the new companies Shareholder Department and figure out exactly what you own.

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stock certificate for a company that was bought up by another company

Comments for stock certificate for a company that was bought up by another company

Comments for
stock certificate for a company that was bought up by another company