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Article: Georgia-Pacific Corp. employees initiate employee ownership action.
- Article from:
- PR Newswire
- Article date:
- November 21, 1990
CopyrightCOPYRIGHT 1990 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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GEORGIA-PACIFIC CORP. EMPLOYEES INITIATE
EMPLOYEE OWNERSHIP ACTION
DALLAS, Nov. 21 /PRNewswire/ -- Employees of Georgia-Pacific (NYSE: GP)have initiated nationwide action to implement an Employee Stock Ownership plan (ESOP) buyout of the Atlanta-based firm's mills and subsidiaries. A petition encouraging employee ownership of the company is being circulated by employees in conjunction with International Business Consultants (IBC), an international consulting and management firm with representatives based in Dallas and Arkansas, engaged to handle business management, legal and financial services for Georgia-Pacific employees.
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