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Tom Gores Pledges $10 Million For Flint Relief Efforts

Multi-Faceted Approach Will Target Private Sector Support
for Sustainable Economic Recovery and Revitalization

LOS ANGELES – Tom Gores, Chairman and CEO of Platinum Equity and owner of the Detroit Pistons, announced today a private sector campaign to raise at least $10 million and deploy operational resources to a broad range of short- and long-term initiatives to help address the crisis in Flint, Michigan.

Mr. Gores, a Flint native, said he would rally support from business and civic leaders for both immediate relief efforts in the unfolding water crisis, and long-term programs focused on economic development, nutrition and health care for residents of the city.