conducts its automobile finance business through its wholly owned subsidiary, United Auto Credit Corporation.
Based on the Siemens AG Database , the cost functions for SVC, TCSC and UPFC
reported that the proposal to approve the merger and adopt the merger agreement was approved by the holders of (1) a majority of the outstanding shares of UPFC
common stock entitled to vote at the special meeting and (2) a majority of the outstanding shares of UPFC
common stock voted at the special meeting either for or against the proposal to adopt the merger agreement that were not owned by the acquiring entity or its affiliates.
In this paper, a UPFC
control system that includes both the shunt converter and the series converter has been simulated in PSCAD environment.
ISS's February 2, 2011 report recommending that UPFC
shareholders vote "FOR" the proposed merger concluded that:
" or the "Company") (PINK:UPFC
) has filed a class action lawsuit alleging breaches of fiduciary duties against UPFC
, its directors, including its Chairman Guillermo Bron ("Bron"), and certain other entities in connection with the proposed merger of UPFC
announced on December 28, 2010.
") today announced that its board of directors has set February 24, 2011 as the date for the special meeting of shareholders to be held to consider and vote upon the approval of the previously disclosed merger in which UPFC
is to be acquired by an entity controlled by Guillermo Bron, Chairman of the Board of Directors of UPFC
, and by affiliates of Pine Brook Road Partners, LLC ("Pine Brook"), a private equity firm.
PINK SHEETS: UPFC
) (referred to as "UPFC
" or the "Company") by an entity controlled by Guillermo Bron ("Bron"), Chairman of the Board of Directors of UPFC
, and by affiliates of Pine Brook Road Partners, LLC ("Pine Brook"), in a cash transaction valued at approximately $110 million.
") arising from the proposed acquisition of UPFC
by an entity controlled by Guillermo Bron, its Chairman of the Board of Directors, and by affiliates of the private equity firm Pine Brook Road Partners, LLC.
The investigation concerns whether the UPFC
Board of Directors breached their fiduciary duties to UPFC
stockholders by failing to adequately shop the Company before entering into this transaction and whether Mr.
If you own common stock in UPFC
and wish to obtain additional information, please contact please contact Mr.
United PanAm" or the "Company") (Pink Sheets: UPFC