USAir Group Sets Up ESOP: USAir Group...
USAir Group Sets Up ESOP: USAir Group Inc., taking another step to put stock in friendly hands, established an employee stock ownership plan, or ESOP, that owns about 5% of the airline company. Earlier in the week, USAir sold $358 million of convertible preferred stock, representing about 12% of its voting shares, to Warren E. Buffett, a Nebraska investor friendly to management.
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