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Union wins $575M pension deal from Albertsons, Cerberus Capital

09 Mar

By: Ricardo Torres

Scoop.it

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Cerberus Capital Management — the buyout fund that owns grocery giant Albertsons — has made surprise concessions in a deal with the US government, agreeing to pay $575 million to shore up a massive, troubled pension plan.

Sourced through Scoop.it from: nypost.com

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