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:

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A going-private transaction, also known as a management buyout, is when a private group buys out all publicly owned equity in a firm and gains complete equity ownership. The other options (tender offer, proxy contest, leveraged buyout, consolidation) may involve buying a significant portion of a company's shares, but do not necessarily result in the complete replacement of publicly owned equity with private ownership.

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