Flickr image "Sunset at Petroleum Field" by Fabio Pinheiro
We all encounter situations like this now and then in our journey towards financial freedom.
The company of the shares you bought has been acquired by an even larger company. You can now exit at a price that gives you a premium over your average cost, i.e. you will definitely lock in some profits if you sell to the mandatory general offer by the acquirer. But other investors in the same company suggest that we should reject the general offer so that you can hold out for a higher price.
So what should you do?