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Strategies & Market Trends : ahhaha's ahs
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To: ahhaha who wrote (3364)11/1/2001 3:17:58 PM
From: GraceZRead Replies (2) of 24758
 
OK what is the difference between a company organized as a corporation that sells its stock on a public exchange as opposed to one where the stock is not sold to the public on a public exchange? Would you not refer to the one that sells its stock on a public exchange as "public" and the other as "private"? If not why do they say, "It went public in xxxx" or "so and so is still private"? I think this is the distinction he is making between the two groups, in one type of corporation anyone can own shares and in the other who can own shares is controlled by the shareholders in control of the majority, correct?
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