Once a company has become a public company, returning to private status is ____.
A)a way of raising more capital
B)easy to accomplish
C)not allowed by the SEC
D)a nearly insurmountable task
E)not allowed by the board of directors

Question

Quizplus · Accepted Answer

Returning to private status is a complex and challenging process, often involving significant financial and regulatory hurdles, making it a nearly insurmountable task.

Once a Company Has Become a Public Company, Returning to Private