Rich Michaelson Magaliff, LLP Rich Michaelson Magaliff, LLP
Speak with one of our attorneys today.
TF 877.373.6811
NY 646.453.7851
Main Navigation
Real World Solutions To Real World Challenges

R3M has been voted a Best Law Firm by US News & World Report and Best Lawyers

Best Lawyers | Best Law Firms | U.S.News & World Report | 2018 Best Lawyers | Best Law Firms | U.S.News & World Report | 2019

Get Answers

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Closely Held Businesses Archives

Some central considerations linked with closely-held businesses

American businesses are many and diverse, with their creation in any given case being driven by expectations that a select commercial form will yield distinct and optimal advantages. The United States is home to legions of mammoth corporations that are global in their dimensions, but it also supports millions of small businesses designated as sole proprietorships. In between are many and varied partnerships and limited liability companies.

Acquisition by closely held company: Are there benefits to that?

We noted in a recent blog post the stated view of one business principal whose company was bought out by a closely held enterprise that the new ownership platform would better enable him as CEO to make decisions more firmly aligned with the company's interests.

The benefits of the closely held business

A few months ago, we wrote a post about closely held businesses and we defined what this type of business is. Closely held businesses are essentially private businesses that have a very limited number of shareholders. Since it is "closely held," such a business can't go public and shareholders would not sell their shares (if they even wanted to in the first place) on a stock exchange.

What is a closely held corporation?

For those who are shareholders of a company or are particularly involved in the world of buying and selling stocks, the phrase "closely held corporation" isn't exactly stunning. But many people don't know what such a business is, so today let's talk about closely held corporations.