### Question
Can you define what going private transaction means?


### Answer
**Going private transaction** is defined as the following in *15 U.S.C. § 78u*:

> given that term under the rules or regulations of the Commission issued pursuant to section 78m(e) of this title.

#### Citation:
  - *15 U.S.C. § 78u*
  - Heading: **CHAPTER 2B-SECURITIES EXCHANGES**

