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Posts Tagged ‘Succession Plan’

MGX Becomes an ESOP

ESOP - MGX Owners Circle

Doug and Sharon Watson, founders of MGX, pass the baton not to a corporation but to their employees. Effective August 18, 2021, MGX is an Employee Stock Ownership Plan (ESOP). The Founder’s Decision to Sell As the Watsons prepared their succession plan, they explored their options – including a few opportunities from corporate buyers. However,…

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