17. Taking a Company Private
Published Online: 13 DEC 2011
Copyright © 2011 John Wiley & Sons, Inc. All rights reserved.
The New CEO Corporate Leadership Manual: Strategic and Analytical Tools for Growth
How to Cite
Bragg, S. M. (2011) Taking a Company Private, in The New CEO Corporate Leadership Manual: Strategic and Analytical Tools for Growth, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118268391.ch17
- Published Online: 13 DEC 2011
- Published Print: 11 JUL 2011
Print ISBN: 9780470912874
Online ISBN: 9781118268391
- company plans;
- public trading;
- Securities and Exchange Commission (SEC)
Many companies find that the cost and liability of operating a publicly owned business is not worth the hassle and elect to remove themselves from public trading. Doing this involves the filing of a schedule with the Securities and Exchange Commission (SEC) and management of the number of shareholders is described in this chapter. If a publicly held company wishes to go private, it must disclose information that is itemized under the SEC’s Rule 13e-3, which is located in the Securities Exchange Act of 1934. This rule applies to situations where a company plans to buy back its securities, as discussed in the chapter.
Controlled Vocabulary Terms
Private sector; U.S. Securities and exchange commission