Blazing Star Merger Sub completes Walgreens debt tender offer
Investing.com -- Over 60,000 federal employees have agreed to accept the contentious buyout offers proposed by Trump, according to various media reports. This represents a significant increase of nearly 20,000 workers who have accepted the buyouts in a single day, just ahead of the deadline set for tonight at midnight.
The buyouts have sparked controversy and have been criticized by Democratic lawmakers, who have cautioned that these buyouts were not officially authorized and may not receive the necessary funding. Despite these warnings, the number of federal workers opting for the buyouts has surged.
In a recent development this afternoon, a federal judge has temporarily halted the buyout program. This move comes in response to challenges from labor unions against the program. The judge’s decision to pause the program will provide an opportunity for both parties to present their arguments. This development could potentially impact the implementation and continuation of the buyout program. However, the full implications of this decision are yet to be seen.
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