(Reuters) - GM outlined its retiree-related liability as a result of the previously announced transaction in a filing with the U.S. Securities and Exchange Commission on Thursday.
The No. 1 U.S. automaker said in its filing with the SEC that United Auto Workers union-represented hourly workers at the Allison facilities being acquired by private-equity firms Carlyle Group and Onex Corp. would have the same work terms as other GM employees through the term of the current contract, which expires in September.
Read more at Reuters.com Mergers News
The No. 1 U.S. automaker said in its filing with the SEC that United Auto Workers union-represented hourly workers at the Allison facilities being acquired by private-equity firms Carlyle Group and Onex Corp. would have the same work terms as other GM employees through the term of the current contract, which expires in September.
Read more at Reuters.com Mergers News
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