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MAR 21, 2014 - Business Insider

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Time Warner's CEO Will Get Paid $80 Million If He Sells To Comcast, Even Though TW Loses 200K Customers Per Quarter (TWC)

Comcast wants to buy Time Warner, and Time Warner CEO Rob Marcus is so in favor of the deal that, after Comcast said it was not willing to pay a termination fee if the deal fell through, Marcus and his board agreed to pursue the deal anyway. There are two interesting coincidences that might explain why Time Warner is so enthusiastic about being acquired. 1. Time Warner CEO Rob Marcus will get an $80 million payout if he sells the company. CFO Arthur Minson Jr. will get $27.1 million, CTO Michael LaJoie gets $16.3 million, and COO Philip Meeks gets $11.7 million in the deal. 2. Time Warner is ... Read More

Tags: Time Warner's CEO Will Get Paid $80 Million If He Sells To Comcast, Even Though TW Loses 200K Customers Per Quarter (TWC),  Comcast Latest News