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Hartmarx workers thwart Wells Fargo

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I think this paragraph from the Workers United Union’s website says it all.

The worker and labor activists’ efforts successfully thwarted Wells Fargo’s push for liquidation.  Last week, a U.S. Bankruptcy Court approved a pro-worker acquisition deal by British private equity firm Emerisque.  The deal brings the 125-year-old suit maker out of bankruptcy and comes with Emerisque’s assurance that they will protect Hartmarx jobs.

Related posts:

  1. First Republic Windows and Doors, then Hartmarx and now Hickey Freeman?
  2. SEIU and the Working Families Party taking on private equity
  3. Wells Fargo is the worst

Written by Jason Gooljar

July 1st, 2009 at 12:05 pm

Posted in Corporatism,Labor

Tagged with ,

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