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Going Private
A corporate transaction in which the entire equity of a publicly traded firm is purchased by a small group of investors.
Managerial Efficiency
The effectiveness with which managers utilize resources and operate businesses to achieve desired outcomes and profitability.
Security Registration
The legal process through which securities are registered with relevant authorities before being offered to the public or placed on the market.
Best Efforts Basis
A best efforts basis is an agreement where an underwriter commits to sell as much of a new securities offering as possible, but not to buy any unsold securities.
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