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Strategies & Market Trends : Value Investing

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To: Wallace Rivers who wrote (35072)	8/10/2009 10:17:06 PM
From: Arthur Radley	of 78678

Wallace, Let me clarify my point about the reference to CenterPlate by pointing out that a few years ago this stock was trading in the double digits and was paying double digit dividend rate.... Stamford, CT – January 27, 2009 – Centerplate, Inc. (AMEX:CVP; TSX: CVP: un) today announced the completion of its previously announced merger with an affiliate of Kohlberg & Company, L.L.C. The unit holders of Centerplate voted to approve the proposed merger agreement that the company entered into on September 18, 2008 and amended on December 23, 2008 at a special meeting held today, January 27, 2009. Holders of 50.65% of Centerplate’s outstanding voting shares voted for the merger agreement. As a result of the transaction, each issued and outstanding share of Centerplate common stock was cancelled and converted automatically into the right to receive $0.01 in cash.

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