PRINT THIS PAGE Going Private: Corporate Adviser14/01/2003. Source: Hale & Dorr LLP. Michael J Levitin, Steven S Snider, Kimble C Cannon
As corporate scandals and falling public markets erode the confidence with which people view public companies, Michael J Levitin, Steven S Snider and Kimble C Cannon of Hale & Dorr discuss the benefits and pitfalls of a decision to go private. There are various financial savings that may influence a company's decision to go private, including the elimination of accounting and legal costs associated with the now mandatory requirement for public companies to file quarterly reports with the SEC. Moreover, the capital overhang presently dogging the private equity industry means that there are large pools of untapped capital available to invest in taking companies private. This article studies different structures for ‘take-private' transactions as well as the processes investors can expect.
Copyright © 2003 Hale & Dorr LLP
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This publication was produced by the law firm Hale & Dorr LLP
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