Home Time Warner Cable employees to share $416 million under retention plan
 

Keywords :   


Time Warner Cable employees to share $416 million under retention plan

2014-09-06 04:07:09| Telecom - Topix.net

Employees of Time Warner Cable will be $416 million richer even if the cable operator's merger with Comcast does not close, a move designed to keep staff from bolting while federal regulators contemplate the deal. A proxy statement, prepared for the shareholders meetings of both companies in October to vote on the merger, also lays out the nearly $81.8 million golden parachute that Time Warner Cable's chairman and chief executive, Robert D. Marcus, would receive.

Tags: time plan share million

Category:Telecommunications

Latest from this category

All news

»
27.11 ( #1670 )
27.1117 AIR AGS 83M-S
27.11 XYZ 3
27.11XVSecret1
27.11NFT ADVANCE 3-370!
27.11 101
27.11
27.11 DESCENTE L
More »