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jrsh

03/15/17 7:58 AM

#5773 RE: Connsm #5770

I think we are not talking about a merger here but taking PLM private:

Going private is a transaction or a series of transactions that convert a publicly traded company into a private entity. Once a company goes private, its shareholders are no longer able to trade their stocks in the open market. Private equity firms will typically purchase a struggling company, make it into a private entity, reorganize its capital structure, and issue stocks once a profit can be realized.