A "privatization" is the same type of transaction as taking a company private in an LBO.

Question

Quizplus · Accepted Answer

Privatization refers to the process of transferring ownership of a business, enterprise, agency, public service, or public property from the government to private individuals or organizations. Taking a company private in a Leveraged Buyout (LBO) involves purchasing a public company's shares to remove it from the stock market, and it's typically done by private investors or the existing management, not necessarily involving a transition from government to private ownership.

A "Privatization" Is the Same Type of Transaction as Taking