Comments on: On looking forward (and back)… http://www.footnoted.com/urge-to-merge/on-looking-forward-and-back/ Michelle Leder's guide to what's hiding in SEC filings Fri, 23 Jul 2010 18:06:29 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: David J Phillips http://www.footnoted.com/urge-to-merge/on-looking-forward-and-back/comment-page-1/#comment-4368 David J Phillips Thu, 03 Jan 2008 04:52:20 +0000 http://www.footnoted.com/urge-to-merge/on-looking-forward-and-back/#comment-4368 Michelle: The sad irony behind the failed PHH deal is that it represents the rare outcome where the interest of insiders is truly aligned with those of other shareholders. In the event of a Change in Control, CEO Terence W. Edwards and President George J. Kilroy stood to receive potential payments of $2.68 million and $2.06 million (without termination), respectively; or, $3.79 million and $2.52 million, respectively (change of control with termination). http://10qdetective.blogspot.com/2008/01/failed-phh-deal-hurts-insiders-too.html A Happy & Healthy New Year! Regards, David J. Phillips, Publisher www.10qdetectie.blogspot.com Michelle:

The sad irony behind the failed PHH deal is that it represents the rare outcome where the interest of insiders is truly aligned with those of other shareholders. In the event of a Change in Control, CEO Terence W. Edwards and President George J. Kilroy stood to receive potential payments of $2.68 million and $2.06 million (without termination), respectively; or, $3.79 million and $2.52 million, respectively (change of control with termination).

http://10qdetective.blogspot.com/2008/01/failed-phh-deal-hurts-insiders-too.html

A Happy & Healthy New Year!

Regards,
David J. Phillips, Publisher
http://www.10qdetectie.blogspot.com

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