Many of the employees of West Coast Yachts have shares of equity in the company because of

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Many of the employees of West Coast Yachts have shares of equity in the company because of an existing employee stock purchase plan. To sell the equity, the employees can tender their shares to be sold in the IPO at the offering price, or the employees can retain their equity and sell it in the secondary market after West Coast Yachts goes public (once the 180-day lock-up expires). Larissa asks you to advise the employees about which option is best. What would you suggest to the employees?

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Fundamentals Of Corporate Finance

ISBN: 9780077178239

3rd Edition

Authors: David Hillier, Iain Clacher, Stephen A. Ross

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