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PBGC Takes Over Nortel's Underfunded Pension Plan

By Morgan Bettex · July 17, 2009, 6:46 PM EDT

The Pension Benefit Guaranty Corp. announced Friday that it would take over an underfunded pension plan covering more than 23,000 employees and retirees of Nortel Networks Inc., the U.S. subsidiary of...

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PBGC Takes Over Nortel's Underfunded Pension Plan

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