Timw
Stainless
- Joined
- Nov 8, 2005
- Location
- N E Florida
I'm a dealer for a product made by an Employee Owned Company. They went bankrupt in march (started in 1967) and were bought out by a large national company with similar interests that will be helped with this product line.
It shouldn't really hurt my business because they want business as usual but I am curious how a situation like this ends up. Do the employees end up with the buy out money as their equity allows? I'm sure the company assets and property have value.
It shouldn't really hurt my business because they want business as usual but I am curious how a situation like this ends up. Do the employees end up with the buy out money as their equity allows? I'm sure the company assets and property have value.