Once a corporation becomes publicly held,it cannot return to being private.

Name: Once a corporation becomes publicly held,it cannot return to being private.
Brand: Quizplus
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Question

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A corporation can become publicly held again by going through the process of buying back shares from its shareholders through a share buyback or a tender offer, and then delisting from the public stock exchanges. This process is known as "going private."

Once a Corporation Becomes Publicly Held,it Cannot Return to Being