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[billwanhua]

Louisiana boss hands workers $240M in bonuses after selling his company for $1.7B

Graham Walker said he would not agree to sell his company if buyer did not earmark 15% of the proceeds to employees.

nypost.com

Louisiana boss hands workers $240M in bonuses after selling his company for $1.7B

The deal, which was completed earlier this year when Eaton acquired Fibrebond, triggered payouts to 540 full-time workers, averaging about $443,000 per worker spread over five years.

 

[Jay Wang]

Louisiana boss hands workers $240M in bonuses after selling his company for $1.7B

Graham Walker said he would not agree to sell his company if buyer did not earmark 15% of the proceeds to employees.

nypost.com

Louisiana boss hands workers $240M in bonuses after selling his company for $1.7B

The deal, which was completed earlier this year when Eaton acquired Fibrebond, triggered payouts to 540 full-time workers, averaging about $443,000 per worker spread over five years.

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