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Daimler Pays $480M To End UAW Retiree Benefit Row

By Lisa Ryan (August 26, 2014, 4:57 PM EDT) -- Daimler Trucks North America LLC has agreed to contribute $480 million to a new employee benefit plan to end a putative class action filed by a group of retirees and the United Auto Workers, accusing the truck manufacturer of illegally cutting their benefits, according to documents filed on Monday in Tennessee federal court....

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