Disney in the dock over 140 million dollar payout to executive
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A law suit against the Walt Disney Co. over 140 million dollars paid to former president Michael Ovitz started, seven years after shareholders brought the action.
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- Citadel Broadcasting Corp.  and Walt Disney Co.  modified the terms of the merger between Citadel and ABC Radio, reducing the amount of cash to be retained by Disney by $300 million.
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Walt Disney Co. should have fired Michael Ovitz rather than paying him &#36;140 million in severance, a legal expert testified on Thursday in support of shareholders suing the Disney board.
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GEORGETOWN, United States : Controversial Disney Co. chief executive Michael Eisner has been tough and unflappable defending himself this week against shareholder charges that he wasted 140 million dollars by taking on Michael Ovitz as president in 1995.
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The race to succeed Disney chief Michael Eisner took an intriguing turn yesterday when it emerged that a highranking Murdoch employee has signed a new contract making it easy for him to leave ... but only if he goes to Disney.
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Georgetown, Delaware, October 21: A lawsuit against the Walt Disney Co over a 140 million-dollar payout to former President Michael Ovitz started here, seven years after shareholders brought the action.
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Walt Disney Co President and Chief  Executive Robert Iger received a 7 percent increase in total  compensation in fiscal 2007, to $27.7 million, according to a  filing with the U.S. Securities and Exchange Commission on  Friday.
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By Bloomberg News. Michael D. Eisner, the chief executive of Walt Disney, kept board members abreast of the negotiations to hire the talent agent Michael S. Ovitz as the company&#39;s president
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The boss of the American advertising group which was taken over last week by Sir Martin Sorrell&#39;s WPP will receive almost $30m (Â£18m) &quot;compensation&quot; for keeping his job.
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LOS ANGELES  - Less than a week after   announcing its newest initiative with Apple Computer, the Walt   Disney Co. has sold more than 125,000 feature film downloads   via iTunes.
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Former Walt Disney Co. President Michael Ovitz&#39;s $140 million severance was &#39;&#39;unreasonable&#39;&#39; because it exceeded what executives at other companies received, a compensation expert testified Monday in a trial
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The chairman and chief executive of credit card issuer Capital One Financial , Richard D. Fairbank, was the most highly paid executive at a Washington area public company last year with total compensation of $37.4 million.
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Morgan Stanley gave its chief executive, John Mack, the biggest bonus for the head of a Wall Street firm ever, awarding him $40 million as the company headed for the best profit in its 71-year history.
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Walt Disney Co.&#39;s board of directors on Wednesday raised the annual dividend 14 percent and appointed Fred Langhammer, the former chief executive of cosmetics company Estee Lauder, as a director.
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GEORGETOWN, Del. -- Lawyers Friday challenged an account of allegedly excessive spending by former Walt Disney Co. president Michael Ovitz on dinners, magazines, a home screening room and a $2 million office renovation.
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Microsoft details the compensation paid to its top executives.
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The former chief executive of Invesco Funds Group has agreed to pay &#36;500,000 to settle civil fraud charges relating to improper trading at the mutual funds company, his lawyer said Wednesday.