What usually happens otherwise? Would they do partly google stock, etc? And each shareholder gets some kind of multiple? (you get your N amount of Wiz shares X .72 = your number of google shares), or something of that sort?
Google pays each of Wiz's shareholders 75-90% of the deal amount. The remainder is held in escrow and paid some time later based on a variety of conditions.
> What usually happens otherwise? Would they do partly google stock, etc? And each shareholder gets some kind of multiple? (you get your N amount of Wiz shares X .72 = your number of google shares), or something of that sort?
Yup, that's exactly how it works.
This will protect the buyer against misrepresentations.
There are often also targets that have to be met to achieve the full purchase price but not always disclosed
Typically these involve at least some stock (cash + stock or all stock) which would mean that each Wiz share gets some amount of money and some multiple of Google stock per share.
I have had shares that are 1. force sold, 2. shares that were force split into two companies and 3. shares that are force acquired so they become another companies shares.