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Go public |
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Go public. A corporation goes public when it issues shares of its stock in the open market for the first time, in what is known as an initial public offering (IPO). That means that at least some of the shares will be held by members of the public rather than exclusively by the investors who founded and funded the corporation initially or the current owners or management. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The family, which still controls the majority of outstanding shares, decided to go public after financial success as a regional Medicaid care provider that had expanded into Utah, Washington and Michigan. China's second-largest life insurer moved to become the country's third significant insurer to go public outside mainland China by applying for a listing on the Hong Kong Stock Exchange, government news sources said. Besides a board of directors with outside members, a privately held company should have an audit committee that includes outside directors, especially if it hopes to go public some day in an initial public offering (IPO). |
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