In the Matter of Staples/Essendant, Inc., File No. 1810180 #03059

Submission Number:
03059
Commenter:
Elisa DeBoer
State:
Missouri
Initiative Name:
In the Matter of Staples/Essendant, Inc., File No. 1810180
Private equity funds allow the wealthy to pool their money to buy out profitable companies, like Staples. The private equity fund then loads up the company with debt while slashing wages, benefits, and jobs, all to make more money for the wealthy investors. Please stop this horrific practice and block this merger.