Lol ya but buying what exactly? They announced the

Lol ya but buying what exactly? They announced they are going private.. So what exactly are people buying right now? I've never been through anything like this before, and with all the misinformation out there, I'm confused as hell. I spoke to a CEO/friend of mine that said all they need to do is delist and that's it he also said he would be very surprised to see a buyout of any sort..