Bought Out

Wednesday, August 2nd 2006 ·

Here's an article about the sale of the company for which I work. Having only been there a year, I didn't get stock, but...

The 40-plus employees who did not receive stock were given cash bonuses from a pool of $200,000 funded by the Starks. The amounts were prorated based on length of service and other factors, ranging from $650 to $20,000.

It's kind of nice to have your place of employment change hands without losing your job. And the bonus will help to pay off a little chunk of credit card debt.

Comments on Bought Out
 
Comment Wednesday, August 2nd 2006 by tagger
Sounds like you win on that one. I keep wondering if I should have hung on when DG was going down for the third time and hope I got picked up by EMC, or just grab the money and ran, the way I did. Who knows?

One thing's for sure--if I had stayed, I'd be doing 50-70 hour weeks and living in airports the way I did in the '80s and '90s. That wasn't so bad, but I kinda like going home at night.

Whatever happens with your new masters, good luck.
 
Comment Wednesday, August 2nd 2006 by Stark
Panoply!!!
 
Comment Friday, August 4th 2006 by mom
Ok, I'm dying to know - how much??? You can tell your mom.
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