The International Brotherhood of Teamsters last week sent a letter to buyout firm KKR, expressing concerns about the proposed IPO of KKR portfolio company Dollar General. The union suggests that it would consider Dollar General as a pension investment, but not until it receives more information on issues like debt repayment, executive compensation and possible regulatory risks related to OSHA compliance.
Here is a copy of the letter:
GSTlettertoKKRonDollarGeneral
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