Thursday, August 28, 2014

Union attacks one buyer, supports private equity firm

The plot thickens.  Remember my story from yesterday about an SEIU corporate campaign against a health system?  Now, Beth Kutscher at Modern Healthcare adds a new report:

The Service Employees International Union-Healthcare Workers West is stepping up its campaign to block the sale of Daughters of Charity Health System to Prime Healthcare Services, which is accusing the union of racketeering and extortion.

The media campaign comes one day after Prime Healthcare Services filed a lawsuit in U.S. District Court in San Francisco against the California-based union. Prime contends that the SEIU's efforts represent a smear campaign to force it into unionizing its workforce.

Deeper into the story, we read:

The SEIU is supporting a competing bid from Blue Wolf Capital Partners, a private equity firm.

It's an interesting world when private equity firms are viewed favorably by unions.  I wonder what kind of promises Blue Wolf has made to the SEIU to get the union's support.

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