A Link in the Chain


A Link in the Chain

Employees of a daily newspaper learn that their rich owner is planning to sell the paper to a national newspaper chain. How can they possibly come up with enough money among the employees to form an Employee Stock Ownership Plan (ESOP), buy the newspaper, and save their jobs?

A few newspaper ESOPs are still being established to prevent takeovers by large national newspaper conglomerates, and ESOPs have become more common in other types of businesses as well.

BUY the 99 cents E-short story