Dura Steel Inc. is a steel manufacturing company, and the ow…

Dura Steel Inc. is a steel manufacturing company, and the owners want to sell the company as most of them are in their early 80s. They do not want to sell it to their competitors as the company owns a lot of cutting-edge technologies and patents. They decide to list the company as a public entity in the public equities market. This listing is known as a(n)