Tax Expert Predicts Wave of ESOP in Mergers and Acquisitions

Robert Willens, the ubiquitously quoted tax analyst at Lehman Brothers, told the Wall Street Journal on April 9 that ESOP S corporations would be the "wave of the future" in merger and acquisition transactions. Of course, vastly more "waves of the future" are predicted than ever occur, but the fact that a source like Willens is saying this suggests that ESOPs may be taken more seriously in these transactions than they have in the past.