UAW would get 55 pct stake in Chrysler under deal

Newswire

* Union to also get cash for health fund * Fiat to get 35 percent of Chrysler * U.S. taxpayers, creditors to share 10 percent * Fiat to invest $8 billion, create 4,000 UAW jobs By Nick Carey and David Bailey DETROIT, April 28 (Reuters) - The United Auto Workers union would own 55 percent of automaker Chrysler under a proposed contract union members must vote upon by Wednesday night, according to a summary of the deal prepared by the UAW. If ratified by Chrysler's 26,800 ...

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