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Kevin Is a Major Stockholder in Professional Transmission Services (PTS)

Question 291

Multiple Choice

Kevin is a major stockholder in Professional Transmission Services (PTS) , a nationwide network of transmission repair shops founded in 1975 by his father. Currently, PTS stock is sold on the open market, but Kevin has talked to several relatives about his desire to get all of the PTS stock back in his family's hands. Kevin is interested in ________.


A) taking the firm private
B) a hostile takeover of the firm
C) converting the firm to a general partnership
D) forming a master limited partnership

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