{"id":118986,"date":"2026-07-04T03:36:05","date_gmt":"2026-07-04T03:36:05","guid":{"rendered":"https:\/\/newsfortnite.com\/index.php\/2026\/07\/04\/as-us-turns-250-this-july-4-family-sells-company-for-1-7-bln-540-workers-become-millionaires\/"},"modified":"2026-07-04T03:36:05","modified_gmt":"2026-07-04T03:36:05","slug":"as-us-turns-250-this-july-4-family-sells-company-for-1-7-bln-540-workers-become-millionaires","status":"publish","type":"post","link":"https:\/\/newsfortnite.com\/index.php\/2026\/07\/04\/as-us-turns-250-this-july-4-family-sells-company-for-1-7-bln-540-workers-become-millionaires\/","title":{"rendered":"As US turns 250 this July 4, family sells company for $1.7 bln; 540 workers become millionaires"},"content":{"rendered":"<p>A Louisiana family sold their 43-year-old electrical-equipment company Fibrebond to power-management giant Eaton for $1.7 billion last year\u2014with one unusual clause built into the deal. Former CEO Graham Walker insisted 15% of the proceeds go to his 540 workers, none of whom held any equity. The result: a $240 million payout, averaging $443,000 a head.<\/p>","protected":false},"excerpt":{"rendered":"<p>A Louisiana family sold their 43-year-old electrical-equipment company Fibrebond to power-management giant Eaton for $1.7 billion last year\u2014with one unusual clause built into the deal. Former CEO Graham Walker insisted 15% of the proceeds go to his 540 workers, none of whom held any equity. The result: a $240 million payout, averaging $443,000 a head.<\/p>\n","protected":false},"author":0,"featured_media":118987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/118986"}],"collection":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/comments?post=118986"}],"version-history":[{"count":0,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/posts\/118986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media\/118987"}],"wp:attachment":[{"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/media?parent=118986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/categories?post=118986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsfortnite.com\/index.php\/wp-json\/wp\/v2\/tags?post=118986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}