Leveraged ESOPs and Employee Buyouts, 6th ed.
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A leveraged ESOP borrows money to buy shares in the sponsoring company in order to buy a major part or even all of the company. It can be used to purchase shares from retiring owners in private firms, buy out entire companies, or finance new capital. With leveraging comes additional cost and complexity. This book discusses how ESOPs work and explains those complexities, providing comprehensive converage of ESOP financing plus chapters on accounting, legal rules, valuation, M&A, and the tax-d…



