This Illinois company was just sold for $3 billion, but hundreds of employees are getting a cut. Some will get $800000. - Chicago Tribune

The $3 billion private equity sale of C.H.I. Overhead Doors has created a windfall for hundreds of hourly workers at the plant in downstate Illinois, who will receive between $20,000 and $800,000 each.

When private equity firm KKR announced the $3 billion sale Monday of C.H.I. Overhead Doors to steel company Nucor, it created a windfall for hundreds of hourly workers at the plant in tiny Arthur, Il… [+4076 chars]

full article...