Going Private

The New York Times reports:

Some big public companies, fed up with scrutiny from investors and regulators, are now selling themselves to private-equity firms. And private equity is increasingly able to take on bigger deals. Firms raised more than $260 billion worldwide just this year from big money managers like pension funds and university endowments. This month, Blackstone Group raised $15.6 billion, creating the world’s largest private-equity fund.

Sarbanes-Oxley isn't for everyone.