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Reuters: GM offers buyouts to close Ohio plant

Started by chris, October 18, 2008, 02:59:27 PM

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chris

GM offers buyouts to close Ohio plant
      


DETROIT (Reuters) - General Motors Corp  will pay $1.6 billion into a health-care trust for retirees and offer buyouts of up to $140,000 to union-represented factory workers in exchange for an agreement to close an SUV plant in Ohio by the end of the year.<div class="feedflare">
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