He thinks back to the unexpected employees reaction to the employee buyout he engineered in 1994.
FORBES: Teaching an airline to fly
May predicted that some kind of employee stock ownership plan could very well be an element in the structuring of the American Greetings buyout.
FORBES: American Greetings Take-Private Is Chance To Retool An Aging Business
His 12-employee management firm, Cequel 3, which currently operates three companies, is run just like a buyout shop, with one big difference: He avoids raising cash from lots of investors.
FORBES: Strategies
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