| Joseph Marzullo (Little Upsilon) | Thursday, December 4, 2008 - 03:39 pm 
Is there anyway to privatize a public corporation? |
| Orbiter (Little Upsilon) | Thursday, December 4, 2008 - 04:43 pm
you can nationalize it, but i highly suggest that unless you already own the company, don't do it. some corp owners don't take kindly to their corporations being taken from them. |
| Joseph Marzullo (Little Upsilon) | Thursday, December 4, 2008 - 04:45 pm
no. I'm talking about taking a nationalized corp and privatizing it. |
| Orbiter (Little Upsilon) | Thursday, December 4, 2008 - 04:54 pm
aww, your mixing up terms, but no biggy...
Privately Held Corporations, are corporations owned by Enterprises, to make an existing corp private, it has to be sold to a CEO, by getting an enterprise to bid on it
Tomake a state or national corp an "Enterprise Controlled Public Corporations," requires the use of IPO's to sell the magority of the shares to a CEO.
Also, could you use the help forum for these questions? |
| Joseph Marzullo (Little Upsilon) | Thursday, December 4, 2008 - 04:57 pm
Techncally no corporation is really private. look at the definition
corporation: a business firm whose articles of incorporation have been approved in some state
well, thanks. |
| Angus88 (Little Upsilon) | Friday, December 5, 2008 - 12:35 am
Corporation (n): An ingenious device for obtaining individual profit without individual responsibility. |
