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Unless you’ve been living under a rock, by now you have certainly heard about Elon Musk’s plans to buy Twitter and take it from a public company to a private one. Oftentimes, there are many things that will change when a company goes private. And that is especially true with it comes to existing shareholders.
In this episode, Malcolm Ethridge uses Twitter as a case study to talk about what happens to you as both an employee and an investor when the company you have an interest in suddenly goes private. Malcolm also shares his advice on what employees of publicly traded companies should consider as soon as their company announces plans to go private.
Malcolm discusses:
- The process of taking a public company private and what makes Elon’s Twitter takeover unique
- The differences between public and privately owned companies
- What happens to existing shareholders when the company goes private
- The tax impact to shareholders when a company goes private
- And more
Related: Common Tax Pitfalls to Avoid When Managing Your Equity