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Employee Ownership Update for April 21, 2000
National Center for Employee Ownership [NCEO]
Apr. 21, 2000
News on the phaseout of United Airlines' ESOP, the growth of Southwest Airlines' profit sharing plan (72% of which is in company stock), the bill to amend the Fair Labor Standards Act to clarify that option awards are not compensation for overtime purposes, and the completion of an ESOP buyout at Environmental Sciences Associates.
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