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BRIEF-Molina healthcare says fired execs entitled to severance

May 2 Molina Healthcare

* Says CEO Mario molina, CFO John Molina were terminated without cause

* Says terminations were effective immediately and will entitle Dr. Molina and Mr. Molina to severance benefits

* Says Molinas entitled to acceleration/vesting of equity compensation as provided for in their employment agreements Further company coverage: (Reporting By Michael Erman)

我们的标准: 汤森路透“信任原则

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