The acquisition of the venture by family members, managers, or outside buyers is a venture harvesting process known as:

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An outright sale is the context of venture harvesting where the acquisition of the venture by family members, managers, or outside buyers takes place. Systematic liquidation is a gradual process of selling off assets over time, Chapter 11 bankruptcy is a legal process enabling a company to restructure its debt and operations, and going public involves issuing shares to the public to raise capital.

The Acquisition of the Venture by Family Members, Managers, or Outside