going private transaction

Definition of "going private transaction"
  1. An action taken by a corporation, such as a recapitalization, share repurchase, or tender offer, that is part of the process of becoming private
How to use "going private transaction" in a sentence
  1. The board of directors voted in favor of the going private transaction, which involved a major share repurchase.
  2. Following a going private transaction, the public will no longer be able to buy shares of the company on the open market.
  3. A tender offer initiated the going private transaction for the listed company.
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