Buyers (including private equity firms and their investors) that acquire the stock of a company wholly or partially owned by an employee stock ownership plan (ESOP) face a unique set of post-closing ...

Employee stock ownership plans (ESOPs) have been used as a business succession strategy by employers across many industries. In the cannabis industry, ESOPs have come and gone and come again as a ...

Some cannabis companies are getting around the tax problems they typically face by setting up employee stock ownership plans. Darren Gleeman, managing partner of MBO Ventures, has a patent pending for ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min ESOPs deliver much promise for ...

Plastic Products, Inc., which has a plant in West Branch, has faced recent challenges of a constrained workforce. Being an ESOP has helped the company recruit and retain employees. (Submitted photo) ...