BUSINESS

Paddy Power acquired by Goldman Sachs?

TAGs: executive bonuses, Paddy Power

PaddyBaronOkay, we haven’t actually confirmed that headline, but seriously, how else can you explain Paddy executive directors collecting almost €1M in bonuses when the company’s pre-tax profits fell 15% and operating profits fell 8%? Methinks the real reason Paddy execs are planning to purchase those pubs in south London is they hope to get their shareholders so drunk that they can’t perform basic math. Read more.

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