Should PTC ever be acquired, top executives will pay themselves $20 million. CEO Dick Harrison gets the biggest slice of gold-flavored pie, some $15.5 million. The other execs have to make do sharing the remaining $4.5 million.
Link.
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Jun 30, 2008
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Annon, I think the point is that this is such a pultry some for such a large company that it is almost pointless as a Poision Pill. Now, if they set up $100 million to be divided among the employees, plus another $100 for the Board, then that is a serious poison pill.
Posted by: fcsuper | Jul 12, 2008 at 10:42
IT'S A POISON PILL! TO AVOID TAKEOVER.
Posted by: | Jul 07, 2008 at 16:33
So does this mean PTC is trying to sell itself.
Hey Autodesk since your in buying companies !!
Posted by: Joe | Jul 01, 2008 at 09:56
Wow, that's almost nonsensical. The benefit from the stock sale wouldn't be enough? Then again, its PTC.
Posted by: fcsuper | Jun 30, 2008 at 08:33