New York CNN —
Anheuser-Busch and the Teamsters union have reached a tentative contract agreement that averts a strike of 5,000 union members who had been prepared to walk out at midnight Thursday.
The Teamsters say the deal will grant members an immediate $4 an hour raise and an $8 an hour increase over the life of the contract, raising pay of members by an average of 23%.
“After a long day and a longer campaign, we’ve reached an agreement that sets a new high standard for the brewing industry,” said Teamsters President Sean O’Brien in
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