Who knows what temptations a golden parachute can open up? Reports suggest that senior executives at Mead

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Who knows what temptations a golden parachute can open up? Reports suggest that senior executives at Mead Johnson, the US baby formula maker talking to Reckitt Benckiser about a $17bn takeover, could walk away with more than $30m if the deal goes through. 

Can the use of golden parachutes as a pre-bid takeover defense be justified?

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