Friday, June 29, 2007

UPDATE 1-UAW members approve concessionary deal with Delphi

(Reuters) - CHICAGO, June 29 - United Auto Workers members
have approved a deal that gives Delphi Corp.
concessions on wages, benefits and plant closings that the auto
parts maker has said it must have to exit bankruptcy.




About 68 percent of UAW members who voted approved the
agreement, the UAW said in a terse statement that did not
identify Delphi by name.


Read more at Reuters.com Bonds News

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