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Politics : Formerly About Advanced Micro Devices
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To: Brumar89 who wrote (731417)8/7/2013 11:29:44 AM
From: i-node1 Recommendation

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joseffy

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[T]he Purchaser shall assume all liabilities that relate to providing post-retirement welfare benefits to Post Employees, and the Seller shall retain all liabilities that relate to providing post-retirement welfare benefits to Former Post Employees.

So, Bezos will not be responsible for endless legacy pension costs. And, according to AllThingsD, Bezos will be given “what amounts to $50 million” to help with the costs of newly acquired employee’s pension promises. That sweetens the overall deal, and lowers its effective price.

OMG. He violated the liberal manifesto.
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