Answer:
A publicly owned company or corporation
Explanation:
A publicly owned or public corporation can be defined as a company whose majority shares are held by general public, making the shareholders ultimate owners of the company. The shares can be purchased and bought in stock exchange markets such New York Stock Exchange (NYSE).
Since, The St. McStanky Beer Co. has made an Initial public offering in the New York Stock Exchange, it will also be known as a publicly owned company.
