Belo Adjusts Stock Rules

By: Lucia Moses

Belo last week became the second newspaper company to announce changes to its 401(k) plan in the wake of the Enron Corp. scandal.

Belo lifted a restriction prohibiting employees from exchanging company matches made in Belo stock before they reach age 55.

Gannett Co. Inc. amended its retirement plan earlier this year to let employees further diversify their investments.

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