Bankrupt Tribune Gets Green Light For Up To $45M In Bonuses
U.S. Bankruptcy Judge Kevin J. Carey granted Tribune’s April 13 motion to approve a management incentive plan that would reward 425 employees, including CEO Eddy Hartenstein. The bonuses, which won support from Tribune’s creditors and senior lenders, are contingent on the company’s operating cash flow in 2012.
Tribune’s board of directors...
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