Posted on 07/22/2010 1:57:07 PM PDT by Nachum
WAYNE, Pa. - (Business Wire) Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/acf) is investigating potential claims against the board of directors of AmeriCredit Corporation ("AmeriCredit" or the "Company") (NYSE: ACF) concerning possible breaches of fiduciary duty and other violations of law related to the Companys entry into an agreement to be acquired by General Motors Corporation (GM) in a transaction valued at approximately $3.5 billion.
Our investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Companys board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of AmeriCredit. Two of the companys largest shareholders, owning nearly 50% of the AmeriCredit stock, have representatives on AmeriCredits Board who voted for the transaction. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/acf.
(Excerpt) Read more at earthtimes.org ...
The list, ping
http://www.youtube.com/watch?v=TRj7sTZpf7M
around 56 seconds in.
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