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#1 |
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Member
Joined: Dec 2007
Location: NH, USA
Posts: 731
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My current employer has been "bought" by a larger company. We have been told that we can cash in our stocks when the merger is complete in two weeks.
I am new to this whole stocks and shares thing, so could someone please explain what "Cost" is vs "Estimated net cash out" The "Cost" is a value that is much higher. When I cash in my stocks do I get the "Cost" value or the "Net Cash Out" value? Please let me know if I need to provide further info. I am so confused. TIA!
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#2 |
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Member
Joined: Dec 2007
Location: NH, USA
Posts: 731
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Nevermind. I just learned that it's the "Net Cash Out" value I will get.
I learn something new everyday.
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#3 |
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Member
Joined: Sep 2007
Posts: 366
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yes, exactly. Congrats! I hope this is a good thing for you! I made a decent amount of change when my company was bought out because all of our shares became immediately vested. It was great! This was kind of one of the nice things about working at a small company.
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#4 |
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food, air and tPF
Joined: Dec 2007
Location: By the sea in SD...
Posts: 1,935
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Glad it will work out for you, Enshogirl!
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ChocoGrace![]() |
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#5 |
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Member
Joined: Dec 2007
Location: NH, USA
Posts: 731
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Thanks everyone!
I'm using the money to pay off some major credit card debt. It will now only be three months until I'm credit card debt free since I bought my house! I'm so excited to start a savings account soon after!
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