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Employees Lose Bid for Pension Plan Payments Following Sale of Division
December 31, 2004 |
❮ Previous PageNext Page ❯ December 31, 2004 |
The plaintiffs in this case were employed in a division of SKF USA, Inc., when SKF sold the division to Tyson Bearing Company. The plaintiffs became employees of Tyson immediately after the sale at the same facility and did not suffer any period of unemployment or interruption of wages. Under the terms of the sale,
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