Bob Boyd is developing an exit strategy for his sporting goods business, since he plans to retire within the next three years. Bob knows that one of the company’s greatest strengths is that there is a core group of motivated employees who have been with the company for years. Based on this information, which exit strategy would be the best option for Bob?
sell to a strategic buyer
sell to a key employee or group of employees
take the company public
undertake a planned liquidation
