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  1. #1
    On A Mission

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    Default $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.

  2. #2
    Getting In The Groove Now.

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    Default 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.

  3. #3
    On A Mission

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    Default Re: $150 Million Pension Deficit From Philly Newspapers Sale

    Quote Originally Posted by ltl1 View Post
    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.
    Just like YRC to USF and New Penn.

 

 

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