Going Public

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Also found in: Financial, Idioms.

Going Public

Altering the organization of a corporation from ownership and control by a small group of people, as in a close corporation, to ownership by the general public, as in a publicly held corporation.

When a corporation goes public, it opens up the sale of shares of its stock to the public at large.

References in periodicals archive ?
'We would like to note that even in the absence of a bill, most of our officials take public transport,' it added citing DOTr Secretary Arthur Tugade who commutes using various modes of public transport away from media fanfare.
If it takes longer than 20 minutes one-way to commute by walking or cycling, many people seem to take public transportation or a car,they added.
"The key, though, is that opting to walk or take public transport, even just once a week, can make a big difference.