Three Mile Island suit resolved out of court
| New York
The operators of the Three Mile Island nuclear plant and the maker of the facility's damaged reactor agreed to settle a $4 billion lawsuit stemming from the nation's worst nuclear accident.
Under the agreement, Babcock & Wilcox Company, the reactor's manufacturer, will provide General Public Utilities Corporation rebates of up to $37 million for service and equipment purchased over a 10-year period. General Public Utilities said it will apply the proceeds to the decontamination and cleanup of the reactor damaged in the March 28, 1979, accident.
