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Rethinking Succession: Employee Ownership as a Counter to Private Equity Dominance
Private equity roll-ups have surged, expanding five times faster than the overall U.S. economy. This rapid growth has raised concerns about the implications of private equity (PE) on market dynamics and affordability.
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Rutgers and NJEDA Partner to Promote Employee Ownership
The State of New Jersey and Rutgers, The State University of New Jersey, have embarked on a significant initiative aimed at promoting Employee Stock Ownership Plans (ESOPs) through a comprehensive public education and outreach program. This strategic collaboration was formalized on July 17 when the New Jersey Economic Development Authority (NJEDA) signed a Memorandum of Understanding (MOU) with the Rutgers University School of Management and Labor Relations (SMLR).