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81 year old business owner gives company to employees

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K

Kontent

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Joined
Jul 16, 2009
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User Power: 10%
I stumbled upon this article about an owner of a natural food manufacturing company, and how he used an ESOP (employee stock option plan) to give it away. It breaks down what an ESOP is in a way, and how he has refused to sell or take it public. Thought you fastlaners might enjoy it.

Article:
Business & Technology | On 81st birthday, Oregon man gives company to employees | Seattle Times Newspaper
 
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With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

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