Sectors
Foley & Lardner LLP Partner Louis Lehot is quoted in the Law360 article, “Why More Newly Public Companies Could Go Private,” discussing the trend of relatively new public companies reversing course through take-private acquisitions.
One attraction to going private is lower operating costs, as public companies face higher expenses across areas like accounting, disclosure, legal, and tax.
“The way our markets are structured, it really favors the very widely held, large-cap stock,” Lehot explained.
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