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Hershey Reaches Deal With Union

IN BRIEF / FOOD

June 08, 2002|Reuters

Hershey Foods Corp. said it reached an agreement with its union on a new contract, nearly six weeks after about 2,700 union workers at two plants walked off the job.

Neither side would disclose terms of the deal, which workers still must vote on.

The conflict has centered on the company's plan to increase workers' share of health-care costs.

Shares of Hershey closed up $1.31 at $65.99 on the NYSE.

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