From SH... any comments... Looks like the SR guys did well here... hopefully it will tranfer some wealth to the shareholders... buy out immenent??
Management paid $10.2M for ICL investment
The transaction that Allana made with ICL triggered a change of control of the company resulting in potentially a 3 years severance package.
Since the current management was retained by ICL, they felt it best to renumerate the management so that they would continue a great performance.
In the finances a $10.2 M charge was added for consulting and managment which is the performance buy-out that the management received for this transaction.