Unico American Responds to Concerns Regarding Biglari Holdings

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Unico American Corporation
UNAM
announced today that it has received inquiries and concerns from a number of its shareholders, the media and members of the general public about information contained in the Schedule 13D form filed by Sardar Biglari for Biglari Holdings Inc., with the U.S. Securities and Exchange Commission earlier this week. In the interest of continuing its tradition of providing complete, unambiguous and timely disclosure to the public, Unico's management elected to issue this announcement. Unico's management and its Board of Directors did not receive any tangible or credible proposal or description about “ways of maximizing shareholder value” with respect to
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Posted In: NewsGuidanceManagement
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