Question

Kevin is a major stockholder in Professional Transmission Services (PTS), a nationwide network of transmission repair shops founded in 1975 by his father. Currently, PTS stock is sold on the open market, but Kevin has talked to several relatives about his desire to get all of the PTS stock back in his family's hands. Kevin is interested in __________.

Answer 1

Answer:

Kevin wants to make the firm private

Explanation:

Based on the information provided within the question in regards to the situation it seems that Kevin wants to make the firm private. Private Firms are companies that are owned by non-governmental entities or instead owned by  a single individual or a very small amount of shareholders. Which is what Kevin seems to be wanting to do since he wants to buy back all the shares of the company so that only his family owns the company.

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