Selling a company into an ESOP

<p>A Midwest carrier named Rapid Response was sold recently into an Employee Stock Ownership Plan. Why would that method of selling be pursued? How do the workers benefit? An investment banker who helped put the deal together, Albert del Pilar from the investment firm of Butcher Joseph, joins Drilling Deep to talk about why an ESOP may be the way to go.</p><p><a href="https://listen.freightwaves.com/drillingdeep">Follow the Drilling Deep Podcast</a></p><p><a href="https://listen.freightwaves.com/freightcasts">Other FreightWaves Shows</a></p>