Founder's ESOP gives 100% stake to Fraenkel's workers

Linville, Jeff
September 2000
Furniture/Today;09/18/2000, Vol. 25 Issue 3, p24
Trade Publication
Reports that employees have taken control of The Fraenkel Co., a case goods and bedding company based in Baton Rouge, Louisiana. Sale of shares owned by retired founder Albert Fraenkel; Significance of the Employee Stock Ownership Plan for the employees.


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