Worker Buy-Out

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A worker buy-out occurs when an established firm with profitable potential is sold to the employees for the specific purpose of maintaining the jobs of those employees. Worker co-operative and Employee Stock Ownership are the two most common ways to structure the buy-out. (One of over 60 entries in the compendium Tools & Techniques for Community Recovery & Renewal.)

Author: 
Perry, Stewart E.
Pages: 
5
Publication Date: 
2000
Stock #: 
P203RCJ04
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