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Ellen Kay's Master Plan
Bill and Joan Westmoreland were nearly 70 and married for more than 40 years. They have no children and wished they could sell the company. They were surprised when Ellen Kay presented them with her plan, and asked for the job and 20 percent of the company. They concluded that with a great plant manager in place, maybe Ellen Kay would be a success as sales manager and, with a stake in the company, eventually become a buyer for the company and provide them with an exit.
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