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Pastimes : Georgia Bard's Corner
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To: BarbaraAnne who wrote (179)4/24/1998 12:16:00 PM
From: thomas odonoghue  Read Replies (1) of 9440
 
Question?
I'm holding shares of a company that is publicly listed on NASDAQ. There was a merger announcement that a privately held company was merging with the public company in the next 90 days. The private company will hold the majority of the shares of the public company and the CEO of the private company will be at the helm. It's a reverse merger which will bring the private company public without having to go through the IPO process, if there is one.
has anyone been involved in a stock like this, if so, what happened?
To me, it's like a corporate takeover or something. The public company earnings have been poor the past few quarters driving the price down.
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