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.

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 ?
It becomes a cat and mouse game that takes Private and the Kripo to the dark and complexity of a past in Berlin, that holds evil deadly secrets.
Gwyneth now takes private voice lessons and is part of an opera workshop.
8pm: Takes private jet back to Birmingham with the other axed England players.
With the fastest e-marketplace products in the industry, such as e-Procurement, v-Distributor and e-MarketMaker, the company takes private labeled marketplaces operational in 45 days or less.
Hill takes private lessons, practices two hours every day in the garage of her Valencia home and is on the field with the band every morning at 8, as well as in the band room Tuesday evenings and Thursday afternoons.
It is a land-acquisition agency and must play by the rules, including paying just compensation when it takes private property for public use.
The AIM software platform takes private data--such as sales force information, stock quotes, or Internet and intranet data--and performs compression, encryption, data-thinning and optimization techniques that allow the data to move more quickly, securely and inexpensively over wireless networks.