Larry, if the company is delisted you'll retain the same shares in the private company. The only real difference is that they won't be tradable in the same way through open market mechanisms, though they can still be bought and sold.
Also, you can vote for the takeover because his proposal is that he takes up 100m new shares. He would then have to make an offer to existing shareholders for their shares, but you don't need to sell at that point.
Also, you can vote for the takeover because his proposal is that he takes up 100m new shares. He would then have to make an offer to existing shareholders for their shares, but you don't need to sell at that point.