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$150 Million Pension Deficit From Philly Newspapers Sale
Philadelphia Newspapers Head to Court as Buyer, Union Negotiate - BusinessWeek
.....U.S. Bankruptcy Judge Stephen Raslavich is scheduled to hear from union pension funds that oppose the plan, saying it would leave them with a $150 million deficit. The buyers and Philadelphia Newspapers said they’ll ask the judge to overrule those objections and approve the plan......more......
Last edited by slavenomore; 06-24-2010 at 07:32 AM.
- Join Date
- Dec 2008
- Local Union
- Rep Power
Re: $150 Million Pension Deficit From Philly Newspapers Sale
Great here comes more orphans for our pension plan.WTF these people bid on this company,they new full well the situation.Now they don't want to pay.