Either way a sale / transfer of ownership triggers tax consequences. Couldn't th... | Hacker News

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		frenchman_in_ny on Aug 23, 2017 \| parent \| context \| favorite \| on: ThoughtWorks has been sold to private equity Either way a sale / transfer of ownership triggers tax consequences. Couldn't this have been done as an ESOP?

tyingq on Aug 23, 2017 [–]

It would have to produce enough actual cash to pay the tax bill. Roy apparently owned 97%. Probably a 9 figure tax bill.

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