Hi, I wanted to say welcome to the forums since I noticed that you are new. First of all, "reliable" sources are not always as good as they seem. I don't want to cause trouble here, but I want to make sure that you understand that some people like to stretch the truth to feel important. If you have total trust in the person, and you like the company enough to hold right now, I would continue to hold. My understanding on this is that companies will ususally be bought out for at least what the stock is worth, and often a premium on that.
Here is a pretty good article that I found on the topic. Enjoy
Mergers and Acquiescence
Mark