Question

dura steel inc. is a steel manufacturing company, and the owners want to sell the company as most of them are in their early 80s. they do not want to sell it to their competitors as the company owns a lot of cutting-edge technologies and patents. they decide to list the company as a public entity in the public equities market. this listing is known as a(n)

Answer 1

The listing of Dura Steel Inc. as a public entity in the public equities market is known as an "Initial Public Offering" (IPO). An IPO is the process by which a private company offers its shares to the public for the first time. This allows the company's ownership to be divided into shares that can be traded on the stock market, providing an opportunity for investors to buy a stake in the company. This strategy allows the owners to sell portions of the company without directly selling to competitors while providing liquidity and potentially raising capital by selling shares to the public.

Answer 2

Dura Steel Inc. owners plan to list the company publicly instead of selling to competitors. The process where a private company goes public by issuing shares is called an Initial Public Offering (IPO).

Step-by-step explanation:

Dura Steel Inc., a steel manufacturing company, intends to sell the business but wants to avoid selling to competitors due to the possession of valuable technologies and patents.

To achieve this, the owners decide to list the company on the public equities market. This process of converting a privately-owned company into a public company by issuing shares available for the general public to purchase is known as an IPO, which stands for Initial Public Offering.