After 43 yrs, US family sells electrical firm for $1.7bn; gives 540 workers $240m

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.

By TOI TECH DESK