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Detroit 3 contribute to Motown pension 'grand bargain'
2014-06-13 08:24:05| Automakers - Topix.net
Three auto companies with their roots in Motown pledged $26 million on June 9 as part of a so-called "grand bargain," an initiative that involves monetary pledges from outside parties that will keep pension cuts to a minimum as Detroit moves out of Chapter 9 bankruptcy protection.
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Category:Automotive