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Inside Job

22 January 2007

The US hospital operator says its leveraged dividend payout will benefit shareholders. But it also shields management from takeover threats. Executives get to keep their jobs and reap cash windfalls on their stock. Other shareholders may have been better served by a plain buyout.

This content is for Subscribers only

 

Inside Job

22 January 2007

The US hospital operator says its huge leveraged dividend payout will benefit shareholders. But it also shields management from takeovers. Executives get to keep their jobs and reap cash windfalls on their stock. Other shareholders may have been better served by a plain buyout.

This content is for Subscribers only

 

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