UAW: A Seat on Ford's Board?

In order to extricate itself from billions in health-care obligations, Ford may be forced to make the UAW its largest single shareholder
United Auto Workers Union President Ron Gettlefinger Bill Pugliano/Getty Images

Ford Motor (F) reached a tentative agreement, announced Monday, with the United Auto Workers to pay $6.6 billion in obligations to the union's health-care trust fund in stock. The agreement could pave the way for the union to become Ford's largest single shareholder.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.