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Comment Re:To quote Mel: "Its good to be the King" (Score 1) 316

I agree that the company sees no benefit from their sale of the stock, and in fact, probably a slight loss due to the dilution of the company's value. However, I think what eln is trying to point out is that executives holding large amounts of stock have a vested interest in the company doing well.

Their golden parachute is likely much less lucrative than the compensation they would have received if the company had not been bought out. The fact that they cash it all in at once is what makes it so attention grabbing.

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