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PPG Confirms Interest in AkzoNobel, So Far ‘No’ PPG confirmed on March 10 that it made an attractive and comprehensive proposal to Akzo Nobel N.V. on March 2, 2017, inviting AkzoNobel to enter into negotiations with PPG on a potential transaction to form a combined company, which AkzoNobel rejected. PPG continues to believe there is a strong strategic rationale for the proposed transaction between PPG and AkzoNobel. Michael McGarry, chairman and CEO of PPG, said, “PPG has long admired AkzoNobel’s businesses, global presence, culture and principles as well as its advances in innovative product development and sustainable business practices. We believe a combination of our two companies is a very compelling strategic opportunity. We are
confident that this combination is in the best interests of the stakeholders of both companies as it presents a unique opportunity to build on the successful legacies of our businesses. PPG has carefully considered the interest of all AkzoNobel stakeholders including shareholders, employees, customers and the communities it serves and has proposed its willingness to enter into serious commitments in respect of all stakeholders.” “Strategically, the combination of PPG and AkzoNobel would deliver an enhanced global player in paints, coatings and specialty materials, combining complementary products, technologies and geographies, and would create a stronger competitor in a highly competitive global market.”
Robert Pizarro And Juan Rivera Charged In Violent Robbery And Kidnapping of Bronx Shop Owner
Manhattan Acting U.S. Attorney Joon H. Kim said: “As alleged, Robert Pizarro and Juan Rivera robbed, terrorized, and ultimately killed 36-yearold Robert Bishun. Today’s arrests mark the end of an exhaustive investigation by the DEA, the NYPD, and the New York State Police, and the beginning of justice for Bishun’s family.” DEA Special Agent in Charge of the New York Field Division James J. Hunt said: “This investigation led law enforcement through a violent series of events leading to a murder by strangulation. The New York Drug Enforcement Task Force’s REDRUM See Bronx Shop Murder, Page 33
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Joon H. Kim, the Acting United States Attorney for the Southern District of New York, James J. Hunt, Special Agent-in-Charge of the New York Field Division of the Drug Enforcement Administration (“DEA”), George P. Beach II, the Superintendent of the New York State Police (“NYSP”), and James P. O’Neill, the Police Commissioner of the City of New York (“NYPD”), announced the arrest of Robert Pizarro and Juan Rivera on charges of kidnapping conspiracy, kidnapping resulting in death, robbery conspiracy, robbery, and firearms offenses. The defendants have been remanded and remain in custody.
VOL. 8 ISSUE 1 APRIL 2017
23-Year-Old Female Shop Owner Runs the Show at Chesapeake, VA, Maaco by Chasidy Rae Sisk
Inge, owned the shop for over 30 years, and I was always very interested in how the vehicles changed from entry to completion. I felt amazed by
The collision repair industry is known for being a male-dominated industry, and with the increasing need for young professionals to enter the industry, it’s refreshing to meet Katie Inge, a 23-year-old shop owner in Chesapeake, VA. Inge’s passion for cars transcends any question of her place in this industry and proves that women have an important perspective to bring and role to play as we move into the future; it’s not Katie Inge with her father just a man’s world anymore! the process and couldn’t help but apInge grew up in her father’s preciate how much work goes into reMaaco Collision and Repair Center, spending weekends in the shop where pairing the vehicles.” she learned about the entire process, In high school, Inge participated in from painting to sanding to finishing a work-study program which allowed See 23-yo Shop Owner, Page 10 the vehicle. Inge recalls, “My dad, A.J.
NH Attorney General Accuses Used Car Dealer of Selling Unsafe Vehicles Without Notice Attorney General Joseph A. Foster announced that his office brought a consumer protection enforcement action against Platinum Auto Brokers, Inc., formerly located in Nashua, now doing business as Derry Auto Brokers. The Attorney General’s Consumer Protection Bureau received multiple complaints that Platinum Auto Brokers sold unsafe and uninspected motor vehicles without providing the buyers with a Notice of Sale of Unsafe Motor Vehicle or advising them of their right to have the car inspected with the defects noted on the form as is required by RSA 358-F. The company failed to remove old inspection stickers prior to the sale and failed to inform their customers that the car they bought was unsafe for operation on the roads of New Hampshire. The company also failed to provide buyers with the federally
mandated Buyer’s Guide. The Consumer Protection Act prohibits any unfair or deceptive act or practice in the conduct of trade or commerce within this state. . The Attorney General brought a complaint for unfair or deceptive trade practices and Platinum Auto Brokers agreed to resolve the complaint with a settlement document called a consent judgment. The Hillsborough County Superior Court approved that settlement on February 3, 2017. Under the terms of the consent judgment, Platinum Auto Brokers must provide any buyer of an uninspected motor vehicle with a copy of the Notice of Sale of Unsafe Motor Vehicle form, signed by both the buyer and salesperson, and a federally mandated Buyer’s Guide which contains any warranty terms of the sale. See NH Action, Page 39
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