Winters Concerned Coke Compensation Package Triggers in LBO

Hedge fund manager David Winters is concerned the compensation plan Coca-Cola awarded itself – against Winter’s urging – might trigger a change-of-control provision that could result in immediate vesting to Coke's top management and board if a buyout occurs.

Coke, Berkshire, 3G haven't commented on the accuracy of media reports

“None of The Coca-Cola Company (NYSE:KO), Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) or 3G has publicly commented on the accuracy of these media reports. However, the possibility of a Berkshire-3G bid puts both Warren Buffett's curious silence and subsequent abstention regarding the Coca?Cola 2014 Equity Plan that he thought was...