3 ms·

There are laws requiring major shareholders to protect the interests of minority shareholders for this exact reason. It may be worth talking to that lawyer.

• kabdib 12y ago
  Interesting. The email I got from their stock administrator read: > As a result of a transaction in 2001 that created CompanyName Acquisition Corporation, now named CompanyName, Inc., all equity interests in the predecessor companies were extinguished. I guess I'll talk to a lawyer. They were sold for $3.5B, so that might be an interesting up-side.
  • cheriot 12y ago
    Wow, I hope you write about what you find out. The situations like that I've heard of, and admittedly that's mostly from following the press, is that the old shares are traded for shares in the new entity. If minority owners aren't protected, it's a crack in the foundation of silicon valley.