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Old 11-30-2020, 10:07 AM   #16
GoNYGoNYGo
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Join Date: Dec 2018
Location: Norfolk MA
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Quote:
Originally Posted by Asian62150 View Post
If this is true, this is GREAT news because Nat knows what the industry is about and can clean it up.

But does this mean they are possibly taking it private? Is that something you can do? I don't know how this stuff works. I think it would be bad if the company is no longer public. Less accountability.
Quote:
Originally Posted by shindo03 View Post
I don't think it means it will be private, but I'm no guru with these topics...
Yes with PE firms involved and the buyout being 75 per share they will more than likely be taking CU private. My guess is all CU shareholders received a form asking if they wanted to sell at 75 per share and the majority said yes. My company has gone from PE owned not traded to owned by Qualcomm Life and being publicly traded back to PE owned and private.
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