A firm’s management purchases all the issued and outstanding stock of the firm and takes the company off the stock market. the management of this company has engaged in ____________.

Respuesta :

On the above scenario, the management of the company has engaged in taking the firm private. This move of a stockholder/s is taking the stocks of the company for themselves. This is also called as "going private" meaning the shareholder are not going to deal their stocks in the stock market or an open market.