going private

(redirected from Went Private)
Also found in: Idioms.

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 ?
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.
Hypothesis 1: The size of hoards will be larger for firms who went private between 2008-2011 than for firms that went private prior to 2008.
In order to test the impact of SOX on the firm's going private decision, we apply a cross-sectional model to firms that were publicly traded at the beginning of each year, in which the dependent variable is whether the firm went private during that year.
While the cutoff dates are admittedly arbitrary, we expect that the firms that went private relatively soon after SOX was passed may have been able to extract the most benefits from going private, and therefore should experience larger valuation effects.
Claire insisted she went private out of choice, explaining: "There is a case that it takes pressure off the NHS."
It is also such experts in the NHS that recently hit upon the wheeze of rationing and delaying treatments, so saving money as the patients either died or went private, that forced even the coalition to condemn and end the practice.
Thousands of patients left without a dentist when their practice went private have been offered treatment at a new NHS surgery.
The new practice opens in Carlisle on Monday (may 15) ( replacing some of the NHS capacity lost when three dental surgeries in the city went private last year.
Explaining why it went private, Springs Industries said it would be better suited to respond to change in the marketplace.
Before Zuckerberg went private he had 35,000 followers.
NHS Direct helpline is advising thousands of people struck off from three practices in Carlisle which went private this month, to travel nearly 30 miles to Hexham.