jana-group

Nicholas Carlson · 01/16/08 12:32PM

Facing investor takeover, three of CNET's top executives received severance packages with three-year terms, according to filings with the SEC. What it means is that if the execs get fired in the next three years, they get a whole lot of "compensation and benefits." Hedge fund Jana Group is trying to take control of CNET and revamp its management. [Yahoo Finance]