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What does it mean when they say NTE Nam Tai Electronics want to privatize? Would I sell my shares?
NTE - Nam Tai Electronics is a Chinese version of Microsoft. In fact, they make tons of toys and electronics in China. Very profitable, but the latest reports they are trying to privatize the park ... I do not really know what that means?
That means an investor group will buy all shares listed on stock market (the kind of shares you own) and "rearrange" the company as a private company. (The proportion of shares in a company Private are not traded on a public market)
NTE Electronic's LED Color Display Board Demo at EDS 2010