Register
A firm's management purchases all the issued and outstanding stock of the firm and takes the company off the stock market. The management of this company has engaged in:_______.
156k views
2 votes
A firm's management purchases all the issued and outstanding stock of the firm and takes the company off the stock market. The management of this company has engaged in:_______.

User Ning Chen
by
4.8k points

1 Answer

2 votes

Answer:

Privatisation

Step-by-step explanation:

The privatisation consists of two distinct concepts and ideas. The first one is when a government owned firm is privatised, and when a publicly traded company is privatised. In the above scenario, a firm's management purchases all the issued and outstanding stocks which means the company is shifting from publicly traded company to a private company.

User Marko Lahma
by
4.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.6m questions

6.0m answers

Other Questions

Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
Explain the similarities and differences between how both producers and consumer use money
Your assessment tool contains rich data about child progress in language and literacy but no details to explain the differences between children. You decide to: A. Replace the tool with another B. Analyze
When goods are produced at the lowest possible cost, an economy is said to have achieved:?
Which item is most often included along with a resume as part of a job application?
Link Copied!