SAFEWAY AGREES TO SEVERANCE FOR DALLAS WORKERS
The United Food and Commercial
Workers Union said unlisted Safeway Inc has agreed to provide
severance pay to about 5,000 workers in the Dallas area
resulting from the closure of a division last April.
    The union said the total severance payment will be about
five mln dlrs. It said the division was closed as a result of
4.6 billion dlrs in debt incurred from a leveraged buyout last
year.
    The union said it filed suit following the leveraged buyout
to protect the claims of union members.
    The leveraged buyout was implemented to ward off a bid by
Dart Group Corp <DARTA.O>.
 Reuter
