Wyeth to pay execs bonuses in cash ahead of Pfizer takeover
US drug major Wyeth will pay its top executives their annual bonus in cash ahead of the firm's acquisition by global behemoth Pfizer, according to the Associated Press.
Normally, Wyeth offers restricted stock and options to its management each spring. This year's cash payouts will total $22.0 million, including $10.25 million for chief executive Bernard Poussot. The amounts will become fully vested in three years or once the deal has closed.
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