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Chris Isidore

GM seeks to reduce pension liabilities

Company trying to trim $26 billion with buyouts

UPDATED 12:54 AM HST Jun 04, 2012
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GM could not extend this change in pensions to its greater number of hourly retirees without reaching an agreement with the UAW.
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Copyright 2012 by CNN NewSource. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Tags Business GM pension buyouts
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