FOR IMMEDIATE RELEASE CONTACT: Andrew McDonald, 202-256-5990 cell; Andrew.mcdonald@seiu.org

***MEDIA ADVISORY for WED. JULY 18***

Who Owns Times Square?

SEIU to release new report, interactive map July 18 detailing high concentration of private equity owned-companies at “Crossroads of the World”

NEW YORK -- In Times Square, the buyout industry is, literally, everywhere you turn. On Wednesday July 18, New York residents and journalists will participate in a guided tour by double-decker bus of private equity-owned companies in Times Square. The staggering concentration of private equity-owned companies at the “Crossroads of the World” provides a microcosm of the impact of this wealthy and growing industry over America’s national economic landscape. The tour is sponsored by SEIU, ACORN, and the Working Families Party of New York.

In conjunction with the tour, SEIU is releasing a new report and an original, interactive map detailing the Times Square buyout boom. The report and map will be available online at www.BehindtheBuyouts.org on July 18.

WHAT: Guided Tour of Times Square Buyout Boom

WHEN: 11:45 a.m. – Tour bus departs at Noon sharp, lasts one hour

Wednesday, July 18

WHERE: Bus departs from 310 W. 43^rd St. (just west of 8^th Ave.), New York

WHO: New York City residents, journalists, SEIU, ACORN,
Working Families Party

Site contact: Andrew McDonald, SEIU 202-256-5990

The buyout boom, coming at a time of historic income inequality in America, is raising increasing concerns about private equity’s impact on American workers, communities, and the nation. For more information, go to www.BehindtheBuyouts.org

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