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Use of Enhanced ESOPs as an Exit Strategy: A Case Study on November 3, 2022

PENNSYLVANIA RECORD

Wednesday, November 27, 2024

Use of Enhanced ESOPs as an Exit Strategy: A Case Study on November 3, 2022

When:

November 03, 2022 at 12:00pm ESTN

Hosted By:

Fox Rothschild

People:

Harvey M. Katz, Seth I. Corbin, Sheldon S. Miles

Location:

Virtual

Understand why selling to an Enhanced Employee Stock Ownership Plan (ESOP) is more financially beneficial to a Selling Shareholder.

Join Fox Rothschild attorneys Harvey Katz, Seth Corbin and Sheldon Miles as they present a sample case study, inspired by a real transaction, detailing the process by which a corporation decides to sell its shares to an enhanced ESOP rather than to a third party.

Topics include:

-Tax advantages of selling to an enhanced ESOP

-Advantages and disadvantages of selling to an enhanced ESOP versus a sale to strategic buyers or private equity

-Mechanics of selling to an ESOP versus third party sales

-Outcomes of a typical sale to an ESOP and opportunity for a “second bite at the apple”

Original source can be found here.

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