I am looking into a company that is majority owned by family members with a minority stake owned by an ESOP (Employee Stock Ownership Plan). I am wondering what complexities this may add, if any, to an acquisition. Any insight would be appreciated.
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There are many other issues that I am happy to share. Few are, do you plan to take out ESOP? Are you ok with Stock purchase? If you buy non-ESOP shares, will there be new debt? Many more w.th respect to Seller Note, R&W, etc.