A&P Paid Out $9.4 Million To Eight Executives In Year Leading Up To Bankruptcy22percent
The now-bankrupt grocery store chain, Great Atlantic & Pacific Tea Co., or A&P, is in hot water after it was determined that the grocery store chain paid $9.4 million to eight directors and other top managers in the year leading up to the bankruptcy. While no recipients of the bonuses have been named publicly, the courts have the right to go through a company’s past year before the bankruptcy and look at the compensation and bonuses . . .
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