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Privatization
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== Privatization of private companies == Privatization can also refer to the purchase of all [[shares outstanding|outstanding shares]] of a [[public company|publicly traded]] private company by [[private equity]] investors, which is more often called "going private". The buyout withdraws the company's shares from being traded at a public [[stock exchange]].<ref name=":0" /><ref name=":1" /> Depending on the involvement of internal and external investors, it may occur through a [[leveraged buyout]] or a [[management buyout]], [[tender offer]], or [[hostile takeover]].<ref name=":0" />
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