corporate restructuring and disposition: news
SEC order against Hackensack company is rare
March 2, 2011 -- The Record
Louis Goldberg says the SEC's denial of a New Jersey company's request to withdraw its plans to conduct an initial public offering can be due to a variety of reasons: an inquiry by its enforcement division, adverse financial issues, or a company's attempts to sell shares privately. Whatever the reason, he says, the denial will complicate any effort by Wave2Wave to raise capital in private or public markets.
When an Employee Stock Ownership Plan Makes Sense
March 16, 2010 -- MSN Business on Main
Gary Young analyzes when Employee Stock Ownership Plans (ESOP) make sense, how they are best implemented, and the costs and possible downsides of them. Tax advantages and a parallel agenda, where employees' and management's fortunes are intertwined, are among the advantages.