CEOs reap financial benefits from mergers regardless of stock performance

Following an acquisition of another company, chief executive officers' compensation levels usually increase, even when the purchase turns out to be unprofitable, according to researchers at the University of Washington and University of British Columbia.

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<p><a href="http://www.physorg.com/news101399180.html">CEOs reap financial benefits from mergers regardless of stock performance</a></p> <p>Following an acquisition of another company, chief executive officers' compensation levels usually increase, even when the purchase turns out to be unprofitable, according to researchers at the University of Washington and University of British Columbia.</p>