public company

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public company

a registered company that can offer its shares to the public. Its memorandum of association must state that it is a public company, that its authorized capital is at least the authorized minimum (£50,000) and that its name ends with plc (or public limited company).
References in periodicals archive ?
The agreement is a stock-for-share transaction pursuant to which Cheniere Partners Holdings' shareholders will receive a fixed exchange ratio of 0.4750 Cheniere shares for each outstanding publicly-held share of Cheniere Partners Holdings.
McDonnell is a member of the board of directors of Catalyst Health Solutions Inc, formerly known as HealthExtras, a publicly-held pharmacy benefits management company, serving as audit committee chairman and as a member of the compensation committee.
The increased risks and stress associated with publicly-held companies after the passage of the Sarbanes-Oxley Act two years ago can hardly be overstated.
The US Securities and Exchange Commission (SEC) has announced that publicly-held US corporations will be given more time to comply with SOX, a set of corporate governance regulations that relate to the timely and accurate reporting of quarterly and annual finances.
The move comes after the London-based company's publicly-held ordinary shares fell below the minimum level of 25% required by stock market rules.
In exchange for its [pound]30 million investment, VS&A will receive a 17% stake in publicly-held ITE and gain two seats on its board.
The publicly-held Czech Television appointed young-blood lawyer Dusan Chmelicek its new chief executive earlier this year.
DONCASTER is to repeat last year's publicly-held draw for the WorthingtonLincoln.
If corporation A (publicly-held) and corporations B and C (privately held) pay a total of $3,000,000 to the covered employee for the taxable year, of which A pays $1,500,000, B pays $900,000 and C pays $600,000, $2,000,000 of the total compensation is nondeductible.
Cheniere Energy (LNG) and Cheniere Energy Partners LP (CQH) announced that they have reached a definitive agreement under which Cheniere will acquire all of the publicly-held shares of Cheniere Partners Holdings not already owned by Cheniere in a stock for share transaction pursuant to which Cheniere Partners Holdings' shareholders will receive a fixed exchange ratio of 0.4750 Cheniere shares for each outstanding publicly-held share of Cheniere Partners Holdings.
Publicly-held companies continue to face increased demands due to Financial Accounting Standard Board (FASB) rules, shortened Securities and Exchange Commission (SEC) reporting deadlines and maintenance of 404 compliance processes.
This increased attention to detail means, for example, that publicly-held financial services firms must properly account for every liability, including environmental exposure on commercial real estate loans.