going private
- It's the act of changing a publicly traded company to a private one by ending the registration of the company's shares, removing the shares from a stock exchange, or discontinuing the active trade of the shares in the market
- The tech startup considered going private to avoid dealing with the pressures of public shareholders.
- The board of directors voted in favor of going private as they believed it would provide greater flexibility in managing the company's resources.
- The shareholders raised concerns about the potential effects of the company going private on their investments.
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