FindLaw Legal Dictionary
The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.
term:
Going Private
-
going private n
-
: the process of transforming a public corporation into a close corporation by terminating the registration of the corporation's stock, the listing of the stock on an exchange, or the active trading of the stock on the market
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.