The Power of the ESOP in Acquisitions

The recent M&A market has been defined by many different types of buyers, but the most publicized has been the consolidators. The consolidation of the financial industry has dominated the headlines, only rivaled in press coverage by the reorganization of…

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Because of an ESOP?

As an investment banker who works with Employee Stock Ownership Plans (ESOPs), I was surprised when The New York Times recently published an article quite critical of ESOPs. The Times seems to suggest that US Sugar workers were “cheated out…

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ESOP’s Role in Estate Planning

Many owners of closely held businesses realize Employee Stock Ownership Plans (ESOPs) effectively meet their liquidity and business succession needs. Through this process, they discover that ESOPs also have tremendous value as an estate planning tool, an often overlooked benefit.…

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