And press coverage
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The Pistons are stepping up their donations to local food bank Forgotten Harvest, which, amid the coronavirus crisis, has seen its demand for meals skyrocket. The Pistons, along with Wayne County and several corporate partners, announced this week a $375,000 grant for Forgotten Harvest.
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Beverly Hills-based private equity firm Platinum Equity has raised $10 billion for its latest flagship fund. The Platinum Equity Capital Partners V fund was oversubscribed, according to the company, surpassing its $8 billion target and hitting the $10 billion hard cap
“Always stay
true to yourself.”
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From the moment Tom Gores purchased the Detroit Pistons in 2011, he’s been consistent in his expectations. The Pistons are going to compete for the playoffs.
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Tom Gores, a 1982 Genesee High School graduate, said: “Giving families hope and a reason to smile during the holiday is so important.”
“Life should be full of
moving forwardand then taking moments to reflect.”
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FLINT, Mich. – November 8, 2019 – Tom Gores’ FlintNOW initiative and the National Basketball Players Association (NBPA) today announced they will distribute $325,000 worth of gift certificates for fruits and vegetables to Flint youth and their families through an expanded partnership with the Michigan State University-Hurley Children’s Hospital Pediatric Public Health Initiative (PPHI).
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There was one clear message from the Detroit Pistons at the opening of their new headquarters Monday: Everyone is welcome. The Henry Ford Detroit Pistons Performance Center is in the New Center area about two miles north of Little Caesars Arena, where the franchise will begin its third season later this month.
“Always stay true to yourself.By risking nothing, you lose everything.”
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Detroit Pistons Owner Tom Gores and Livonia, Mich.-based Schostak Brothers & Company today announced the formation of a joint venture to redevelop the Palace of Auburn Hills and its surrounding land. Schostak Brothers will serve as the lead partner and manage the future mixed-use development, which is expected to include corporate office, research & development and technology companies.
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Mr. Gores and the Detroit Pistons Foundation first helped bring Vision To Learn to Detroit in 2017, and they are now expanding the partnership to Flint.
“Surround yourself with people who
love and support you.”
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The funding commitment comprises a $1 million personal pledge from Mr. Gores, who is Chairman and CEO of investment firm Platinum Equity and owner of the Detroit Pistons, and a $1 million grant from the Consumers Energy Foundation.
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Funding is being provided by the NBPA Foundation and by Mr. Gores, owner of the Detroit Pistons and a Flint native who created FlintNOW as a private sector initiative to support a broad range of short and long-term relief efforts.