Hoffa Calls on Laidlaw to Protect Workers in Wake of Takeover by FirstGroup.
PR Newswire Europe, February, 2007
WASHINGTON, February 9 /PRNewswire/ --
- Laidlaw, FirstGroup Teamsters Question Laidlaw Board about Effects of British Buyout on Job Security, Labor Relations at Annual Shareholder Meeting in Illinois
Following today's announcement of a US$3.6 billion FirstGroup PLC takeover of Laidlaw International Inc. (NYSE: LI) at the Laidlaw annual shareholders meeting, Teamsters General President Jim Hoffa called for both companies to ensure that workers' job security would be protected and that the merged company's service and labor relations would not be tainted by FirstGroup's troubled record in the U.S. Together, FirstGroup and Laidlaw would dominate the privatized school market in the United States.
"This buyout means that FirstGroup becomes a more...
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