Another way to look at this is that a portion of the workers are...

Another way to look at this is that a portion of the workers are part of the $200m synergy targets quoted post merger? Pure speculation on my part but I would assume CBH have some form of EA in place with their workforce. I'm not an MA lawyer but beleive these type of instruments can be preserved. Holding out on the unions could be the second sound peice of strategy executed by the PEM heirarchy. Long overdue!!