Series 79: 13.2.3. Going Private

13.2.3. Going Private

A company’s management may decide that the company no longer reaps sufficient benefits to justify the costs and burdens of having publicly traded shares. In that case, the company can become eligible to “go private” by reducing the total number of shareholders to fewer than 300. Absent a merger, a tender offer is the typical means by which a company goes private.

A company attempting to go private using an issuer te