To what does the term "going private" refer during a hostile takeover situation?

Question

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A)A leveraged buyout LBO)occurs when a group within a corporation usually
management)buys all outstanding corporate stock held by the public.Thus,the group gains control over corporate operations by "going private," or becoming a privately held corporation.
B)A leveraged buyout LBO)occurs when a group within a corporation usually management)buys all outstanding corporate stock held by the public.Thus,the group gains control over corporate operations by "going private," or becoming a privately held corporation.
C)A leveraged buyout LBO)occurs when a group within a corporation usually management)buys all outstanding corporate stock held by the public.Thus,the group gains control over corporate operations by "going private," or becoming a privately held corporation.
D)A leveraged buyout LBO)occurs when a group within a corporation usually management)buys all outstanding corporate stock held by the public.Thus,the group gains control over corporate operations by "going private," or becoming a privately held corporation.
E)A leveraged buyout LBO)occurs when a group within a corporation usually management)buys all outstanding corporate stock held by the public.Thus,the group gains control over corporate operations by "going private," or becoming a privately held corporation.

To What Does the Term "Going Private" Refer During a Hostile