« Continue Browsing

Article Preview

UAW leaders recommend Chrysler concessions

Published 04/28/2009, Associated Press

Union trust to own 55 percent of company
The United Auto Workers union will own 55 percent of a restructured Chrysler LLC and its retiree health care trust will get a seat on the board if union members vote to approve contract concessions this week. Chrysler stock could even be traded publicly again, as there are mechanisms for the UAW to sell shares to fund the health care trust.

Word count: 914

Log In

The full article is available to newspaper subscribers. If you are a subscriber please log in to continue reading.

E-mail:
Password:
 

Are you a newspaper subscriber but you don't have a Digital Access account yet? Click here to set one up. You will need your subscription account number and phone number.

Not sure if you have an account? Email us at subscriberservices@forumcomm.com and we can help you.

Reset Your Password

Please enter your full e-mail address. We will e-mail you a temporary password.
E-mail: