So my quick question is, I know that Company X (publically listed) whos shares are around 0.5$ a share are about to be bought by company Y or Z, whos shares are around $2500 and $300 respectively.
I used to work for company X so i know their potential in their industry is enormous as they have patented tech/processes that no one has been able to replicate despite other companies sinking hundreds of millions into R&D and failing by large margins, which is why they want to acquire them.
What happens to company X’s shares after that merger? Or are there several outcomes depending if its a hostile takeover, etc.
Any insight would be appreciated.