Going private

going private
movement from public ownership to private ownership of a company's shares either by the company's repurchase of shares or through purchases by an outside private investor.

GOING PRIVATE - The transformation of a company from public to private ownership status, usually used i...
GOING PUBLIC - Industry term used to describe the initial sale of shares of a privately held corporatio...

Going Private
The repurchase of all of a company's outstanding stock by the management, a private investor or a private equity firm. The management may be...(Read more)
Going Public ...

Going Private
Going from public to private ownership of a corporation's shares. It is usually accomplished by either the company's repurchase of shares or a private investor purchasing the public shares.

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 Public ...

Going Private: Public-to-Private Leveraged Buyouts
Best Practice
When a listed company is acquired and subsequently delisted, the transaction is referred to as a public-to-private or going-private transaction.

Going Private
A transaction or a series of transactions that convert a publicly traded company into a private entity. Once a company goes private, its shareholders are no longer able to trade their stocks in the open market.

going private The repurchasing of all of a firm's outstanding stock by employees or a private investor. Opposite of going public. going public The performing of an initial public offering. Opposite of going private.

For example, some public companies delist upon going private in a leveraged buy out, or LBO. A company can also desist its shares because another firm is acquiring it. A company may be forced to delist, or be delisted, by the listing exchange.

Gómez-Ibáñez, José A., and John R. Meyer. Going Private: The International Experience with Transport Privatization. Washington, D.C.: Brookings Institution, 1993.

Used in the context of general equities. Soliciting/advertising over the SS1, NASDSAQ, or Autex.
Going private ...

It closed during the American Civil War; after reopening, it went through a period of financial challenges, until going private and receiving a major donation of land from philanthopist Paul Tulane.

Other times, a company may buy back public shares as part of a reorganization that contemplates the company 'going private' or delisting from some particular stock exchange.

See also: Acquisitions, Mergers, Capital markets, Smith, Banks