A lot businesses want to insure their value. Part of succession planning is asking the question, 'What if I drop dead before we get to complete value?' A business can insure the value of the business if it had got to maturity.

Succession planning is twofold. One is an emotional one -- the desire to leave a legacy -- and one is a financial one.

Certainly a lot of succession transactions occur at market value. Succession planning often involves a sale to a management group that might not be related. Sometimes it involves the outright sale of the company. An employee stock ownership plan is also an option.

In planning it, I'm saying, 'Could I justify the educational value of this to my mom?' If we can, we're in good shape.

We're happy that value for all shareholders is enhanced through this offer.

And business leaders continue to value and invest in what they consider to be one of the state's most important assets, Connecticut's skilled work force.