What is a reprivatization?

What is a reprivatization? Here are some definitions.

Noun
  1. (economics) The process or an instance of returning to private ownership.
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Examples
Chapter 11 Bankruptcy of MGM and Reprivatization of Bank of Ireland.
For Russian politicians, reprivatization is a great political temptation.
The analyst ran through the various pathways to reprivatization and explained why in each case, he believes it is unlikely.

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