>company has reserves to run for another five years
>goes ahead and files for bankruptcy, all shares lost all value
>in the bankruptcy proceedings, they are bought out
The company that just bought this company did so at an extremely unfair price, fucking over all shareholders. Isn't this illegal?
>>1402830
fucking should be
>>1402830
Don't the shareholders have to agree to file for bankruptcy, seeing that they - you know - own the fucking company and all.
>>1402859
considering the share class im holding, i should have first dibs on anything that happens. im also going to have to talk with my broker because something's different and i feel they fucked me on this position, as well.
never trade with scottrade.