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Cash Out (accounting)
Beginning of paper
In an October 1998 issue of "Fortune Magazine" in the finance section, an article entitled "Cash Out on Your Own Terms" speaks about a relatively old concept refined for a new market. In the centuries past, wealthy landowners would allow working farmers to live and work on their land and tend the crops and cattle for a portion of the go .... Middle of paper
.... the owner must give up control. Going public often creates an orphan stock. Employee-stock-ownership plans can burden the CEO with "onerous regulatory-compliance issues," and leveraged recaps can load the firm with debt. Company owners come to firms such as Heritage Partners because they want to cash out but at the same time keep management control of their company and the Heritage system allows them to do that and help them grow the busine ....
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Number of words: 975
Number of pages: 4 (approx. 250 words per double-spaced page)
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