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In
an internal transition, individuals eligible for ownership have to
be identified and trained. Financing for the purchase of an
ownership interest at its fair market value has to be established;
and a program for management training has to be implemented to
enable the existing CEO to eventually retire and receive his or
her value for the firm. Should
you sell stock to key employees, adopt an ESOP, or sell outright
for cash?
Our
proven strategies may include such approaches as:
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