About
Held is a privately held company, meaning its shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the company's shares are held and transferred privately and are not traded on public stock exchanges. Held may also be referred to as an unlisted or unquoted company. While privately held companies are often less well-known than their publicly traded counterparts, they still maintain major importance in the world's economy. Private companies like Held represent a significant portion of economic activity, as demonstrated by the fact that in 2008, the 441 largest private companies in the United States accounted for 1.8 trillion dollars in revenues and employed 6.2 million people. As a private enterprise, Held is a non-government-owned business whose ownership remains private rather than governmental.