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Ask Paula: My Dad Died, and My Mom Is CLUELESS About Finances
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What Happens to Your Invested Shares?
When your company is acquired and goes private, all the shareholders need to be bought out. You'll either get a cash buyout or if it was an acquisition for shares of stock, you will get those shares traded for shares in the new company. That may create a taxable event. Once you're clear about what's going to happen to your shares, you want to meet with your tax advisor or work through your tax software to model exactly what the implications are going to be for you tax-wise.
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