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| May 26, 2019

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Analysis: U.S. companies take aim at pension risk with lump-sum offers -

NEW YORK (Reuters) – Corporate America is finally ready to deal with a monkey on its back: massive pension obligations. AT&T Inc on Friday said it plans to contribute a $ 9.5 billion stake in its wireless business to its underfunded pension plan. Earlier this week, Verizon Communications Inc moved to unload $ 7.5 billion in pension obligations to insurer Prudential Financial Inc. …
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