Merck strike settlement
Ratification of local contract by union workers at the company's Rahway production plant coincides with agreement on a master contract with the Merck Interunion Council. The local and master contract agreements end a three-month long strike and within seven days will send 4,000 workers back to the job. Merck negotiated an increase in employee medical deductibles but is retaining Rx deductible at $50
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