A business deal in which all publicly owned equity in a ﬁrm is replaced with complete equity ownership by a private group is called a:
A)tender offer.
B)proxy contest.
C)going-private transaction.
D)leveraged buyout.
E)consolidation.

Name: A business deal in which all publicly owned equity in a ﬁrm is replaced with complete equity ownership by a private group is called a: A)tender offer. B)proxy contest. C)going-private transaction. D)leveraged buyout. E)consolidation.
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The Answer is C

A Business Deal in Which All Publicly Owned Equity in a ﬁRm