Divestitures Liquidation: Selling assets to another company and distributing the proceeds from the sale to shareholders Going Private: A group of private investors buys all of a firm's publicly traded stock The firm is now private, and its shares are no longer traded in the secondary marketDivestitures • Liquidation: Selling assets to another company and distributing the proceeds from the sale to shareholders. • Going Private: A group of private investors buys all of a firm’s publicly￾traded stock. The firm is now private, and its shares are no longer traded in the secondary market