Icahn Unit To Terminate Pension Plans Of 36,500 TWA Employees
Pichin Corp., a Carl Icahn entity, intends to request termination of two pension plans for about 36,500 TWA employees, the Pension Benefit Guaranty Corp. said Friday. PBGC said the plans are underfunded by $700 million. TWA administers two plans -- the Pilots' Pension Plan with about 4,000...
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