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BackA US family sold their company for $1.7 bn and gave 540 workers $240 mn of it
A US family sold their company for $1.7 bn and gave 540 workers $240 mn of it
NEWS
Times of India5/12/2026GeneralIndia

A US family sold their company for $1.7 bn and gave 540 workers $240 mn of it

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A US-based businessman, Graham Walker, gifted his 540 employees a staggering $240 million from the $1.7 billion sale of his family's company, Fibrebond Corp. This generous act, where workers received an average of $443,000, stemmed from a condition Walker imposed before the sale to power-management giant Eaton.

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