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| Topic: |
Miscellaneous
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| Number of pages / Number of words: |
13 / 3407 |
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For example, when the Scoville board endorsed a $523 million tender offer by First City Properties, it arranged for 13 top executives to receive termination payments of about $5 million. This can be viewed as a payment to management to make it less concerned for its own welfare and more interested in stockholders when considering a takeover bid...
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For example, when the Scoville board endorsed a $523 million tender offer by First City Properties, it arranged for 13 top executives to receive termination payments of about $5 million. This can be viewed as a payment to management to make it less concerned for its own welfare and more interested in stockholders when considering a takeover bid...
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