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Chrysler-UAW agreement said to give union 55% stake
 
Deal also would allow more lower-wage workers
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David Barkholz
Automotive News | April 28, 2009 – 12:09 am EST
 

UAW local chiefs late Monday unanimously approved labor concessions that would cut Chrysler LLC’s cash payments to a retiree health-care trust in exchange for 55 percent of the equity in the [...]