JustComment
Transforming society one business at a time – preserving jobs and businesses in challenging times (Vol 23 No 1)
A publication of the Edmund Rice Centre for Justice and Community Education www.erc.org.au
“The employee buyout is an ideal vehicle for owners (such as state owned enterprises, corporations or family firms) who don’t have their heart in the business any more, and they want out; where the EBO is a dignified way of getting out without treading on the employees. The EBO shifts the liability to a new entity where the owner can sell on the market. It offers a way to retire that is not normally considered, and even discouraged or seen as too hard”
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