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Daimler Promises to Pay $1 Billion If Chrysler's Overfunded Pension Plans End Within Five Years
CFO 
May 21, 2007 Excerpt: In yet another sign of how hard it has been for DaimlerChrysler AG to extricate itself from its ill-fated ownership of Chrysler, the German carmaker has promised to pay $1 billion into the Chrysler pension plans if the plans terminate within five years, according to the Pension Benefit Guaranty Corp. MORE >> |
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