It's not exactly unprecedented, its is often what happens in an employee owned company. Example: https://abcnews.go.com/WN/owner-multi-million-dollar-company-

It's not exactly unprecedented, its is often what happens in an employee owned company. Example: https://abcnews.go.com/WN/owner-multi-million-dollar-company-hands-business-employees/story?id=9875038 https://abcnews.go.com/WN/owner-multi-million-dollar-company... >Moore said he's gotten countless buy-out offers over the years, but he couldn't envision selling the business to a stranger. "It's the only business decision that I could make," he said. "I don't think there's anybody worthy to run this company but the people who built it. I have employees with me right now that have been with me for 30 years. They just were committed to staying with me now and they're going to own the company."