An ESOP is a type of retirement plan. A company provides shares of stock or the money to purchase shares to the plan for enrolled employees. The actual plan shares are not distributed to the employee until he or she leaves the company. Instead, the assets may be placed into a trust.
Bismarck's final battle has just begun and the first British shells fall near the German battleship on the morning of 27 May 1941. Finally, at 0902, the Bismarck was hit by several shells that struck the forecastle, foremast and disabled the foretop rangefinder.
The confused and bloody battle was fought off the coast of Denmark's Jutland peninsula, writes historian Louise Bruton of the British Library. In total, the British lost 14 ships and more than 6,000 men, while the Germans lost 1 ships and upwards of 2,500 men. However, that did not stop each side claiming victory. What was its significance?