Beware of Going Dark

Bessette, Paul R.; Biles, Michael J.; Hart, Christopher W.; Heard, Helen V.
November 2006
Investment Dealers' Digest;11/20/2006, Vol. 72 Issue 44, p18
Trade Publication
The article discusses the processes and risks associated with deregistration of securities in the U.S. It claims that the process of delisting the securities of a company would eliminate registration requirements of the Securities Exchange Act of 1934. Moreover, it recommends helpful actions for executives when they approve a going private transaction plan. These include establishing a clear purpose that would support the plan of their business enterprises.


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