No, Reader's Digest Association has always been a private corporation. It was founded in 1922 as a private company by DeWitt Wallace and Lila Bell Wallace.
I was wondering. Could I reinstate a corporation that wasn"t mine to begin with?
no
closed corporation
A closed association of nations or other groups
The type of corporation which is the standard normal type of corporation is the general corporation. Other types of corporations include closed corporations, limited liability corporations and S corporations.
Closed Corporation
A close corporation refers to a corporation that has been exempted from some of the formal rules that govern corporations. They are usually exempted from these rules because of the small number of shareholders that they have.
An open corporation, also known as a public corporation, allows its shares to be traded publicly on stock exchanges, enabling anyone to buy or sell shares. In contrast, a closed corporation, or private corporation, does not offer its shares to the general public and typically has a limited number of shareholders, often consisting of family members or a small group of investors. This distinction affects their regulatory requirements, reporting obligations, and the level of public scrutiny they face.
I think you mean "close." One that is not public. The shares are not the subject of a public offering.
It appears that The Bosch Group is a closed corporation and not publicly traded.
absolutely not, a news report that walmart merge another big supermarket.
This is probably an old question, but for current readers the time depends on how long pixie hollow is closed.