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Apollo, KKR, TPG among private equity giants backing employee ownership drive
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fnlondon.comA group of large private equity firms has agreed to get stock into the hands of more employees at companies they own in an effort to address income inequality.
A coalition of more than 60 groups that also includes banks, pension funds and others has signed on to back a new nonprofit aimed at promoting broad-based stock ownership, officials told The Wall Street Journal.
Ownership...
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