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31%  
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Keyword: sweetens

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  • CA: Nuñez sweetens deal for unions (unions donate $1M to defeat term limits initiative)

    12/20/2007 12:11:51 PM PST · by NormsRevenge · 4 replies · 81+ views
    LA Times ^ | 12/20/07 | Michael Rothfeld and Jordan Rau
    SACRAMENTO -- As Assembly Speaker Fabian Nuñez sought the endorsement of two major labor unions for his plan to overhaul healthcare in the state, he added several provisions to the legislation sweetening the deal for union members, ... The changes came soon after the unions donated more than $1 million combined to an initiative sponsored by Nuñez that would extend numerous lawmakers' terms, including his own. In the final version, unveiled only days before Monday's vote, the unions received three years of increases in state funding of health insurance for tens of thousands of workers who provide in-home care for...
  • MIRANT SWEETENS OFFER TO BANKS FOR REFINANCING

    07/09/2003 10:10:20 PM PDT · by MeneMeneTekelUpharsin · 12 replies · 349+ views
    Dow Jones Business News via Yahoo ^ | 09 July 2003 | Mark Golden
    NEW YORK -- Mirant Corp. (NYSE:MIR - News) has offered its banks a slightly higher interest rate, additional debt seniority, and more stock options at a lower strike price in the company's proposed refinancing, according to a filing Wednesday with the Securities Exchange Commission. On June 2, Mirant unveiled a restructuring plan to avert bankruptcy by extending upcoming debt maturities. The company asked bondholders to exchange $ 1.45 billion existing bonds for new bonds with later maturities, some cash and stock options. It also asked its banks to refinance more than $3 billion in loans. Last week, the company said...