going private

(redirected from Went Private)

Going private

When publicly owned stock in a firm is replaced with complete equity ownership by a private group. The firm is delisted on stock exchanges and can no longer be purchased in the open markets.

Going Private

A process in which the senior management of a publicly-traded company or a small group of investors buys all of the company's shares outstanding. Going private gives the management or investor group complete control of the company and allows it to operate without recourse to shareholders. Going private is often highly leveraged. When the management purchases the company, one usually refers to the act as a management buyout.

going private

The process by which a publicly held company has its outstanding shares purchased by an individual or by a small group of individuals in order to obtain complete ownership and control. The group wishing to take the firm private may feel that the market is undervaluing the shares. In addition, the purchaser(s) may not wish to meet the various requirements imposed on a publicly held company. Also called management buyout.
References in periodicals archive ?
Accordingly, it is hypothesized that specific corporate governance structures of companies that went private before 2008 will differ from those that went private thereafter, from 2008 to 2011, during the height of the great recession.
Several hypotheses are then developed and tested regarding the governance variables that might differ between corporations that went private before 2008 and those that engaged in the transition between 2008 and 2011.
NHS experts includes doctors who benefited directly as patients went private and who also forced the last Labour government to massively increase their remuneration, some even being paid over pounds 100,000 overtime a year - starving the NHS of funds.
1992) report that significant premiums are paid to shareholders of firms that went private.
Apart from the Jardine group, a great number of firms likewise relisted in other security markets or went private.
His five-year-old son, Jason, is now among the 6,000 patients from the Dental Healthcare Centre in Fairfield, Stockton, left without a dentist as the practice, with 9,000 patients on its books, went private.
HUNDREDS of patients queued outside two dental surgeries yesterday after a dentist struck off all his NHS patients and went private.
Explaining why it went private, Springs Industries said it would be better suited to respond to change in the marketplace.
BATTLING agony aunt Claire Rayner yesterday called for NHS cancer patients to be treated as quickly as she was when she went private.
Pointing out that 77 public companies went private last year, he said, "The widespread drubbing of public-company valuations in the stock markets is taking a toll, especially upon small- and mid-cap public companies.
Last year there were about 160 companies in the United States that went private, compared with about 100 in the prior year, according to analysts.