Ford plans sale of 300 million shares to fund portion of healthcare trust

Los Angeles Times, May 12, 2009
Ford has announced plans to sell 300 million new shares, and the company said proceeds from the offering would be used to fund a portion of the payments it owes to the United Auto Workers' retiree healthcare trust. In February, Ford negotiated a deal with the UAW that let it pay in stock as much as half the $13.6 billion it owes the retiree healthcare fund.

MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2015 a division of BLR All rights reserved.