going private

going private. The process of changing a public corporation into a close corporation by terminating the corporation’s status with the SEC as a publicly held corporation and by having its outstanding publicly held shares acquired by a single shareholder or a small group. [Cases: Securities Regulation 60.23.]

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词条贡献者

资深译员姚坚，国际知名语言学院法律翻译专业，擅长翻译各类与主权诉讼，仲裁及债务解决相关的法律文件。