Re: Re[2]: Worker co-ops as a structure for buy-outs

["Peter Kardas" <peterk@olywa.net>]

A co-op is (generally) owned 100% by its members, but the co-op may own less
than 100% of a business.  See the posting ("Gradual Sale of a Business to a
Worker Co-op") on the COG website for more discussion of this question.

----- Original Message -----
From: Thomas Brandt <tbrandt@dbedt.hawaii.gov>
To: <EOsubnat@cog.kent.edu>; <EOsubnat@cog.kent.edu>
Sent: Monday, June 05, 2000 7:17 PM
Subject: Re[2]: Worker co-ops as a structure for buy-outs


> I have a stupid question (unless there are no stupid questions, only
stupid
> people).  Is it possible for a business to be partially (e.g. 30%) owned
by a
> workers coop (as suggested in the post that prompted this question)?  I
thought
> in coops, unlike ESOPs, workers always own 100% of the business.  Am I
wrong?
>
>