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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (1630)	4/3/2003 5:37:36 PM
From: Joseph B. Schmidt	Respond to of 23958

Been holding this since 60 cents and thought something like this was possible but I'm not waiting, will be out of it tomorrow: Wickes Inc. Confirms Receipt of Unsolicited Proposal VERNON HILLS, Ill., Apr 3, 2003 (BUSINESS WIRE) -- Wickes Inc. (NASDAQSC: WIKS), a leading distributor of building materials and manufacturer of value-added building components, confirmed that it has received an unsolicited proposal from Bradco Supply Corporation to acquire all shares of Wickes common stock not owned by Bradco and its affiliate for $1.12 per share. Bradco and its affiliate beneficially own 1,216,850 shares, or approximately 14.65% of the Company's outstanding common stock. Bradco's offer is subject to a number of conditions, including the satisfactory completion of its due diligence review of Wickes and obtaining the approval of its principal lender. J. Steven Wilson, the Chairman and Chief Executive Officer of Wickes, indicated that the Company's Board of Directors will evaluate the offer with its advisors and would respond to the proposal following the completion of its review. Wickes Inc. is a leading distributor of building materials and manufacturer of value-added building components in the United States, serving primarily building and remodeling professionals. The Company distributes materials nationally and internationally, operating building centers in the Midwest, Northeast and South. The Company's building component manufacturing facilities produce value-added products such as roof trusses, floor systems, framed wall panels, pre-hung door units and window assemblies. Wickes Inc.'s web site, www.wickes.com, offers a full range of valuable services about the building materials and construction industry. This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond the Company's ability to control. The Company cautions shareholders and prospective investors that the following factors may cause actual results to differ materially from those indicated by the forward-looking statements: costs of materials sold; changes in selling prices; competition within the building materials supply industry; the effects of economic conditions; as well as other factors set forth in the Company's Form 10-K and other documents, which are on file with the Securities and Exchange Commission. CONTACT: Wickes Inc. Jim Hopwood, 847/367-3552 URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2003 Business Wire. All rights reserved.