Second-Stage ESOP TransactionsNCEO Webinar replays are the recorded version of our live Webinars, using PowerPoint presentations viewed online. To purchase a twelve-month subscription providing unlimited access to all recorded Webinars, including this one, follow this link. If you have a current subscription to the replays, log in here. (Replays are not available for individual purchase). Please contact Andrea Johnson at 510-208-1309 or firstname.lastname@example.org for additional information.
This replay was recorded on June 14, 2016.
About This MeetingMost ESOPs purchase shares from owners in more than one transaction. Whether your company is planning such a transaction, or just starting an ESOP that will be done in stages, this Webinar will help you understand the key legal, valuation, and financial issues involved. Topics will include seller versus bank financing, whether the ESOP can pay for control in multi-stage transactions, how to deal with the impact of debt on the account value of existing employees after a second transaction, and how to help employees understand the implications of a second transaction.
You will learn:
- What the key legal and financial issues are in making a second purchase of stock with an ESOP?
- How can you (or should you?) protect participants from the impact of new debt in a second transaction?
Michael J. McGinley