-- ESOP Press Release
April 6th, 2009
NEW YORK -- Plaza Associates, a 48-year old collection agency servicing major blue chip companies, announced today that the Senior Executive Management Team and employees have purchased 100% of the Company from the founders through the formation of a leveraged Employee Stock Ownership Plan (ESOP). This transaction is believed to be the first fully leveraged ESOP in the collection industry...

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-- Plaza Associates: Pay it Forward
March 31st, 2009
Plaza Associates is the arm of the financial world, literally. For the past 50 years, this collections agency has excelled in the accounts receivable management sector under the private ownership of three individuals by keeping in mind that no matter what side of the phone you’re on, when dealing with overdue payments, everyone deserves respect.

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-- The Best Option for All
This New York-based collections agency recently underwent a change in ownership and formed an ESOP. Paul Brennan explains how this benefits everyone involved.

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