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Former owner Jim Dow, who retired as CEO at 81, said he did the right thing in selling Diversified Plastics to its 80 employees.

An ESOP can create many winners

For many business owners, a succession plan is about more than creating an exit strategy or profiting from the sale of the company. It’s about preserving a legacy in a way that benefits the company and its employees as well as the business owner(s). Full Article