ESOPs come full circle! Before this structure was part of retirement planning, the structure was devised in the San Francisco area to sell a newspaper business to its employees. That was in 1956! Banks are such an important part of these deals because of what you describe--basis of feasibility study and ongoing valuation.
ESOPs come full circle! Before this structure was part of retirement planning, the structure was devised in the San Francisco area to sell a newspaper business to its employees. That was in 1956! Banks are such an important part of these deals because of what you describe--basis of feasibility study and ongoing valuation.