What to do when a stock you own is bought out in cash by another company?

March 17, 2011

This is happening to me, with one of my stocks right now: RCRC. A few months ago, I bought about 50 shares of RC2 Corporation (RCRC), a maker of die-cast  and wooden toys, at $20. My wife and I were looking for an investment idea based on the toys and media we’re buying for our 2-year-old son. [...]

:)