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Manpower co-founder Elmer Winter dies at 97

AP ONLINE
posted: 33 DAYS 15 HOURS AGO

MILWAUKEE (AP) — Staffing company Manpower Inc. said Friday that co-founder Elmer Winter has died.

Winter, who retired in 1976, passed away on Thursday. He was 97 years old.

Shares of Manpower fell $2.10, or 3.9 percent, to $52.17 in afternoon trading Friday.

On Wednesday, Manpower reported a wider third-quarter loss as labor markets continued to shrink. It also forecast fourth-quarter earnings below analysts' estimates.

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