Webinar
Michael D. Benson presented a webinar with Reed Smith Partner, Bradley S. Schmarak, called "Exploring a Management Buyout as a Possible Liquidity Alternative."
In assessing likely buyers and liquidity alternatives for a business, management buyouts ("MBOs") are often overlooked. However, for certain industries, businesses, and capital structures, an MBO may represent the best option for maximizing shareholder value, ensuring business continuity, and creating investment opportunities for management.
MBOs, however, entail unique legal nuances as executives must balance their fiduciary obligations to shareholders with their own personal investment interests. In addition to those legal issues, the overall complexity of an MBO is magnified by the often highly levered nature of the transaction. The webinar, Exploring a Management Buyout as a Possible Liquidity Alternative, will increase the ability of owners and executive teams to evaluate an MBO as a possibility.
