Should your ESOP get married? And to who? This session (with small-group activities) will look at those two questions and several more that relate to the process of two ESOPs getting ‘married’. As ESOP–ESOP mergers become more common, participants and executives may wish to consider this option. Learn from the experts about the legal, financial, and cultural issues that may arise when considering a merger between two ESOPs and how to make the ‘marriage’ work. And don't worry, this union will not come with a new set of in-laws! NCEO Publication: Acquisition Strategies for ESOP Companies NCEO Toolkit: Being Acquired by an ESOP Company
Learning Objectives:
List reasons why ESOPs might choose to merge.
Describe some of the legal issues that may arise when ESOPs merge.
Explain some common worries that employees have about mergers between ESOPs, along with solutions to those concerns.
