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To: Glenn Petersen who wrote (1532)1/30/2008 7:10:21 PM
From: RockyBalboa  Respond to of 3862
 
Right on. For the first time I found the reverse texas hedge concept suitable:

Buy the common as low as possible and also buy warrants on the cheap, with a certain ratio. If the deal fails, I get 7.90, for the common and one cent for the warrant.
If the deal goes through the warrant goes into the orbit and I lose (a bit) on the common.



To: Glenn Petersen who wrote (1532)1/31/2008 2:13:08 PM
From: RockyBalboa  Respond to of 3862
 
The arbitrage has finished. Yet I dont see a PR.



To: Glenn Petersen who wrote (1532)1/31/2008 3:05:55 PM
From: RockyBalboa  Respond to of 3862
 
HD Partners Acquisition Corporation Results of Special Meeting of Stockholders

Santa Monica, CA (January 31, 2008) — HD Partners Acquisition Corporation (“HD Partners”) (AMEX: HDP, HDP-U, HDP-WT) today held its Special Meeting of Stockholders to vote on the proposed acquisition by HD Partners of the professional racing assets of the National Hot Rod Association (the “NHRA”). HD Partners filed its definitive Proxy Statement regarding the proposed acquisition with the Securities and Exchange Commission on December 24, 2007 (the “Proxy Statement”).
At today’s Special Meeting of Stockholders, the proposal to acquire the NHRA’s professional racing assets was not approved by the HD Partners stockholders. As a result, HD Partners will seek approval from its stockholders to dissolve and liquidate, as set forth in the Proxy Statement and in accordance with the terms of our amended and restated certificate of incorporation.

Investor Relations Contact:
Robert Meyers, Chief Financial Officer
HD Partners Acquisition Corporation
bob@hdpartnersacquisition.com
310-209-8308, ext. 3