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SEIU Statement on Announcement of KKR Going Public

2008-07-27 19:45:00

SEIU Statement on Announcement of KKR Going Public

    WASHINGTON, July 27 /EMWNews/ -- "Buyer beware. Public

offerings by buyout firms to date recommend caution to investors looking at

KKR. At KKR, it's a sure bet that Henry Kravis and the other principals

will continue to find a way to take care of themselves. The question is,

what will be the impact on other KKR stakeholders, including portfolio

company employees, workers whose pension funds are exposed to KKR, and

others? As the process moves forward, SEIU will look very closely at this

transaction."





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