What exactly happens when...

[turboturist]

When you own stock in a company that gets bought out by another? To you get the same amount of stock in the other company or do they give you equal value, or what exactly happens?

[theboss]

i think it all depends.....if the company goes under...you lose even if the new company buys them after and they start up....if its a merger you would probably be ok..life goes on.