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Regulation, Yes. Strangulation, No.

Regulation, Yes. Strangulation, No.

by Rick Turoczy on August 21, 2006

Three words describe the prevailing sentiment in today’s business environment — private is beautiful. Increasingly, major U.S. corporations are removing themselves from the public equities markets and going private.

Why? To a large degree, because the cost of government regulations has become unbearable. HCA, the largest hospital operator, recently announced a record $21 billion deal to take itself private. Among reasons cited by the company’s founder, Thomas Frist, for departing the NYSE: the untenable cost of complying with Sarbanes-Oxley. The recent trend of major companies going (or planning to go) private — Hertz, Toys “R” Us, Kinder Morgan, Albertson’s, Univision …

Regulation, Yes. Strangulation, No.

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