Anatomy of a Deal (gone bad)

Tuesday, March 29, 2005

In 1995, Virginia shelled out $1 million to get a Gateway plant. But then the company ran into trouble. Despite efforts to be flexible, Hampton, VA ended up getting the short end of the stick.

The company continued to cash in on incentives even as it was laying off workers. Here's a good story of what can go wrong with incentive deals. Read more.

posted by Ed Morrison |

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