The company is approaching the end of a long multi-year rotation, and now have to consider how to "cash out", so it can carry out manual financial return on investment. A private company has several options, including the ESOP loan and debt recapitalization. "Hide
by Stuart C. Gilson, Joel T. Schwartz, Steven M. Silver, David E. Stemerman Source: Harvard Business School 14 pages. Publication Date: January 18, 1996. Prod. #: 296035-PDF-ENG