How To Go Private
from the ain't-easy dept
Well, expect more articles like this to start showing up. As companies are dropping off the Nasdaq left and right a few are starting to think about going private in some sort of management buyout. Problem is there are lots of problems in doing so. You tend to piss off existing shareholders and employees as well. Plus, it ain’t cheap. Generally the only reason to “go private” is if you never should have gone public in the first place. So, if you think of it that way (and the amount of money it takes to both go public and to go private), you’re talking about a company that is wasting a huge amount of money… twice – to go nowhere.
