going private

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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
It didn't take long after Musk's initial tweet about potentially going private for signs to appear that Tesla was (https://www.fool.com/investing/2018/08/09/teslas-silence-on-funding-is-raising-doubts.aspx) struggling to find financing  at his proposed buyout price.
Musk has previously discussed possibly going private as a means to realize long-term growth and accomplish a goal that some Tesla acolytes embrace with near-messianic passion.
Yet, despite the enormous impact the credit crisis had on the number of firms going private, some firms did indeed go private post the crisis, as is to be expected given the varying strategies of private-equity firm deal makers (Bacon et al., 2013).
"Going private will tend to make Dell's strategies considerably less transparent than they are today.
Fidelity National Information Services didn't even get that far as going private, though it tried.
Magnotta Winery Corporation (TSX: MGN), a Canada-based wine producing company, has announced its intention of going private.
We investigate this issue by examining whether SOX affected the propensity of firms to go private, and the effect of SOX on valuation of firms going private.
This paper investigates how the characteristics of a Hong Kong-listed firm influence its odds of going bankrupt, being acquired, and going private. A competing risks model is estimated.
If the council can only afford to update homes via vast amounts of central Government funding, how exactly is going private supposed to improve matters, unless the private landlord dramatically increases rent levels to provide a proper return on his home purchase and update costs?
We had no option, due to our dentist 'going private', and there was no NHS dentist available.
GOING PRIVATE: Dentist Chris Doleman, owner of Aqua Dental Care in Ashington, has given his NHS patients notice.