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Going PrivateBy Barry J. Hurewitz, Steven S. Snider and Michael J. Levitin of Wilmer Cutler Pickering Hale and Dorr LLPCounsel to public companies are acutely aware that the Sarbanes-Oxley Act has imposed substantial new costs and risks on officers and directors. Boards and management may ask whether any strategy exists to mitigate those risks and reduce those costs. Such a strategy exists: going private.
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