Nortel Makes $57M Deal With Pensioners

Monday, February 8, 2010

Former Nortel Networks workers who feared they’d lose their company-covered benefits by March 31 will continue to get coverage through the end of the year, in a deal announced on Monday. Bankrupt Nortel negotiated the $57 million deal with groups representing the ex-employees. The agreement impacts tens of thousands of …(243 words)

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