Summary
A company nears the end of a long multiyear turnaround and now must consider how to “cash out” so its management can realize a financial return on investment. The privately held company has several options, including a leveraged ESOP and a leveraged recapitalization.
Also indexed in CLEO:
- Transportation Displays, Incorporated (A)
- Transportation Displays, Incorporated (B)
- Transportation Displays, Incorporated (D): Exiting from a Successful Restructuring