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CenturyLink (NYSE: CTL) has overcome a hurdle in its labor negotiations with union workers by establishing a tentative agreement with workers represented by the Communications Workers of America (CWA) in its Northern and Central Florida regions.
Among the many new elements of the tentative agreement are a series of pay and pension increases.
The service provider agreed to provide a 2 percent retroactive pay increase effective as of April 1, 2015, and a 2 percent raise for...