go public

moura

Senior Member
Portuguese Portugal
Good-morning,

What may the word "public" means in the following contexts? (the more difficult to understand for me is the second one):

"For example, electrical stocks were hot in London in 1882, a few years after the appearance of Edison's incandescent light. In a single two-week period, 16 new companies went public."

"Tenuous claims were sometimes made to the hot technology of the moment. For ex., the XXX Airlines went public during the aviation bubble after Lindbergh's 1927 flight, but it was actually just a railroad".

Thank you for your help
 
  • maxiogee

    Banned
    English
    They moved from being privately owned comapnies to being floated on the stock exchange, where "the public" could buy shares.
     

    moura

    Senior Member
    Portuguese Portugal
    Thank you, Maxiogee. Very helpful again.
    Regards moura

    and a compliment for "muppet" puppet :)
     

    emre aydın

    Senior Member
    Turkish
    If we want to say it by using an object, how do we do it?

    "Take a company public"?

    or

    "Take public a company"?
     

    emre aydın

    Senior Member
    Turkish
    Jordan, who is the head of a brokerage firm, says:

    It was our next big move. Finding companies to take public.

    (The Wolf of Wall Street)

    I guess he is talking about a company's going public.

    But how can we say it? "Take a company public" or "Take public a company"?

    (As I write, Velisarius answered it. Thank you both)
     
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