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PBGC Objects To Ormet Sale

Hearing on Wayzata’s purchase plan pushed back

May 15, 2013
By CASEY JUNKINS - Staff Writer , The Intelligencer / Wheeling News-Register

HANNIBAL - Citing retirement plans that are underfunded by "over $235 million," the federal Pension Benefit Guaranty Corp. is objecting to Ormet Corp.'s sale to Wayzata Investment Partners.

 
 

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