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Archive Home > 2009 > July > 23 > Takeover of Delphi pensions to cost $6B

Takeover of Delphi pensions to cost $6B

By Mary Williams Walsh / The Bulletin
July 23, 2009

The federal government said it would take over the pension plans of the Delphi Corp. at a cost of $6.2 billion Wednesday, after years of demanding that the assets of the company and its former corporate parent, General Motors, be used instead.

Taking over Delphi’s pension plans will....

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