When the officers of a firm purchase all the equity shares and the shares of the firm are delisted and no longer publicly available,this action is known as a(n):

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A going-private transaction is when the officers of a firm purchase all the equity shares and the shares of the firm are delisted and no longer publicly available. This allows the company to operate as a private business, rather than a public one. Consolidation refers to the merger of two companies. Vertical acquisition refers to the acquisition of a supplier or distributor within the same industry. Proxy contest is a battle between different groups of shareholders for control of a company. Equity carve-out refers to the sale of a minority stake in a subsidiary as a separate entity.

When the Officers of a Firm Purchase All the Equity