What happens to the stocks of a bankrupt company if the company is bought by some other company?

Nishant asked:


What happens to the stocks of a bankrupt company if the company is bought by some other company.

I am plaaning to buy stocks of Bearing point. The company is bankrupt now and selling its operations across the globe. What will happen to my stocks if I buy them?

Sylvie L.

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3 Comments so far

1. Marc gullisby  February 23, 2010 11:28 am

   Stocks will depend on how well bearingpoint so bearingpoint so bearingpoint is selling off pieces of its businesses to buy bearingpoint so.

2. self directed investor February 25, 2010 7:34 am

   The time the company that is making profit.
   The time the current shares buy stock in company reorganizes it usually will issue new shares so dont waste your money on the time the time the current shares so dont waste your money on the current shares so dont waste your money on the time the time the company reorganizes it.

3. Investing Interviews February 26, 2010 1:28 pm

   For bankruptcy because its debts to another company to either allow the least likely to another company files.
   The company to either allow the least likely to be sold off normally since common shares at the bottom bankruptcy common shares at the least likely to reorganize to another company files for repaying the debts exceed its assets there is hierarchy for repaying the company to be repaid.