Monday, August 6, 2007

Delphi reaches tentative deals with four unions

(Reuters) - CHICAGO, Aug 6 - Auto parts maker Delphi Corp. said on Monday it has reached tentative agreement on new contracts with four more unions, key steps in its plan to reorganize and exit bankruptcy.



Delphi said it has signed a memorandum of understanding with the four unions covering work-force transition, pension and other issues. The company said it would not release details on the agreements until union members have voted on them.


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