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Paramount Execs Would Cash Out If Company Is Sold, Fueling Speculation

Por: MarketWatch Business November 20, 2023

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In with the Securities and Exchange Commission late on Friday, Paramount disclosed a new employment arrangement with CEO Robert Bakish, CFO Naveen Chopra, and three executive vice presidents. The contracts boost what the executives would earn if they lose their jobs or resign in connection with a sale or merger of the company. Naturally, Wall Street is taking the hint there may be a deal in the works. A so-called change of control provision is a... + full article



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