A deal in which all publicly owned stock in a firm is replaced with complete equity ownership by a private group is called a:
A) Tender offer.
B) Proxy contest.
C) Going-private transaction.
D) Leveraged buyout.
E) Consolidation.

Question

Quizplus · Accepted Answer

A going-private transaction is a deal in which all publicly owned stock in a firm is replaced with complete equity ownership by a private group.

A Deal in Which All Publicly Owned Stock in a Firm