going private

(redirected from Taking 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 ?
More than a decade ago, the federal government began taking private property to build a border fence in Texas' Rio Grande Valley.
LAHORE -- A petition demanding for action against Pakistan Electronic Media Regulatory Authority (PEMRA), for taking private news channels off air, was filed in the Lahore High Court (LHC) on Monday.
On our August issue's Power ioo list it was misstated that Virgin Galactic will begin taking private citizens to space this year.
She, however, agreed the ban is a right move for those teaching in schools and taking private tuitions as well.
The article reminded teachers that taking private pupils on the side is against the law in Cuba.
You can't ignore the constitutional violation of the government taking private property and giving it to a private developer," Siegel said.
Somerfield chief executive Paul Mason said: "It's not been easy, but I really believe that the taking private of Somerfield has allowed the business to be transformed in a way that just couldn't have happened in the public markets.
WANSBECK MP Denis Murphy last year accused dentist Richard Fretwell of "greed" for taking private his Guide Post Dental Practice, near Ashington, Northumberland.
Bennett isn't the only one who thinks taking private property is bad business.
She saw his rage, knew he was sleeping a lot and said he was constantly taking private calls on his cell phone.
Other policy options include stopping users from generating their own digital identities, bringing other identities into the system, taking private keys elsewhere or deleting keys issued to them, and hiding keys from users so they can receive information without being able to use the keys that allow them to decrypt it automatically.