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Monday, July 30, 2001

LTV shareholders balk at union plan




The Associated Press

        CLEVELAND — Committees representing LTV Corp. shareholders and note holders have objected to a tentative agreement between the steel maker and the United Steelworkers of America.

        A U.S. Bankruptcy Court judge plans to review the agreement today in Youngstown.

        LTV, which filed for bankruptcy court protection from creditors in December, has endorsed the agreement negotiated by the union and LTV's unsecured creditors.

       



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