Valuations Still Trump SarbOx in Going Private

MacFadyen, Ken
October 2006
Investment Dealers' Digest;10/9/2006, Vol. 72 Issue 38, p9
Trade Publication
The article explores U.S. company Sarbanes-Oxley activity to go private. It is inferred that many public firms are going private seeking refuge from accounting hell or taking advantage of the valuations being paid by private equity buyers. The companies plan to go private resulted to high level of discontent among publicly held companies. According to Tom Hartman, certain provisions companies find oppressive in going private includes Section 404 legislation that deals with internal controls.


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