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« Downtown YMCA must serve children | Main | Big Apple got you down? Try MetroNap » December 27, 2005Is this a bribe?Is this a bribe? Johnson and Johnson is trying to buy Guidant and as part of the deal they are offering huge payments to Guidant executives. "The latest filing also notes that 11 Guidant executives will receive $17.24 million in "cash severance", a substantial change from the $13 million nine executives were set to receive based on previous filings." This is from a great blog written by investor Michelle Leder, www.footnoted.org. She does the nitty griity work that most investors don't have the time and inclination to do, reading obscure SEC filings. But....back to the main question: Is this a bribe? Posted in Economy & Business
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