Yes. Specifically, your shares will just turn into cash in your brokerage accoun... | Hacker News

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		escot on April 14, 2022 \| parent \| context \| favorite \| on: Elon Musk makes $43B unsolicited bid to take Twitt... Yes. Specifically, your shares will just turn into cash in your brokerage account. You don't need to initiate a sale. Note that this happens even if you're going to lose money on your investment.

cwkoss on April 14, 2022 [–]

What happens to shorts? Does "debt of 1 share" just turn into "debt of cash value"?

escot on April 19, 2022 | [–]

Shorts are forced to cover so they have to go out in the market and buy. So effectively they lose their money.

I made a video about some possible outcomes: https://www.youtube.com/watch?v=LYFqQ6yk9vs

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