If a group of stockholders or management obtain all the stock of a previously publicly traded firm for themselves, this is referred to as
A) capitalizing.
B) stock turning.
C) turning the equity.
D) taking the firm private.

Question

Quizplus · Accepted Answer

Taking the firm private refers to the process of a group of stockholders or management obtaining all the stock of a previously publicly traded firm for themselves, meaning the company is no longer publicly traded and its shares are no longer available for purchase on a public stock exchange.

If a Group of Stockholders or Management Obtain All the Stock