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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (1582)	2/7/2008 4:09:20 PM
From: thwerth	Read Replies (1) \| Respond to of 3862

Marathon Update ? I'm sure they must be trying to throw something on the wall. But with his private equity experience at Apollo and 18 months of time with $300,000,000.00 in the bank, even with the credit crunch, you'd think they have something on the table. My concern, is a category like Agriculture which if purchased reasonably could be a winner with shareholders will be bypassed for a "discounted" retailer or some other contracting sector which will be disapproved. It seems most "warrant" holders aren't sticking around anymore.

To: Glenn Petersen who wrote (1582)	2/16/2008 5:06:42 PM
From: Glenn Petersen	Respond to of 3862

Critical Homecare Solutions, which recently signed a definitive agreement to be acquired by MBF Healthcare Acquisition for $420 million, was already in registration for a future IPO. The company had not yet priced the offering, so it is impossible to determine how the company was being valued. The registration statement was withdrawn earlier this week. The Critical Homecare Solutions filings can be found here: sec.gov Feb. 15, 2008, 7:43AM Critical Homecare Cancels IPO for Buyout © 2008 The Associated Press NEW YORK — Critical Homecare Solutions Holdings Inc. has canceled its planned initial public offering after agreeing to a takeover by blank check company MBF Healthcare Acquisition Corp., according to a regulatory filing on Thursday. In the filing, Critical Homecare, which provides patients with home intravenous drug services, asked the Securities and Exchange Commission to withdraw its registration statement for the proposed IPO. Earlier this month, MBH agreed to acquire Critical Homecare's outstanding capital stock for $420 million. Critical Homecare is a portfolio company of private equity firm Kohlberg & Co. LLC. On the deal's closing, MBH will change its name to Critical Homecare Solutions Inc. The company's common stock will continue to trade on the American Stock Exchange. MBH expects the acquisition to close in the second or third quarter of 2008, pending MBH stockholder approval and other customary closing conditions. The combined company will be led by Critical Homecare President and Chief Executive Robert Cucuel. Critical Homecare first registered for its proposed IPO in October 2007. In its prospectus, the company did not disclose the expected number or price range of the shares to be offered, but indicated the offering price could total up to $125 million. UBS Securities, Jefferies & Co. and Piper Jaffray & Co. had planned to underwrite the IPO. chron.com

To: Glenn Petersen who wrote (1582)	8/1/2008 1:54:49 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 3862

MBF Healthcare Acquisition (stock symbol: [t]MBH[/t]), which previously signed a definitive agreement to acquire Critical Homecare Solutions, is having difficulties with its financing. MBF Healthcare Acquisition Corp. Announces Expiration of Financing Commitment Letter for Transaction With Critical Homecare Solutions Holdings, Inc. Friday August 1, 7:00 am ET CORAL GABLES, Fla., Aug. 1 /PRNewswire-FirstCall/ -- MBF Healthcare Acquisition Corp. (Amex: MBH - News), a publicly traded special purpose acquisition company, announced today that its financing commitment letter with Jefferies Finance LLC, dated February 6, 2008, expired pursuant to its terms on July 31, 2008. The commitment letter was executed in connection with MBH's proposed acquisition of Critical Homecare Solutions Holdings, Inc. ("CHS"), based on the signed definitive stock purchase agreement dated February 6, 2008 (the "Stock Purchase Agreement"). CHS is a privately-owned, leading provider of comprehensive home infusion therapy and specialty infusion services. MBH is currently engaged in seeking alternative sources of financing in connection with the transactions contemplated by the Stock Purchase Agreement. MBH and the Sellers have proposed to restructure the transaction in order to reduce the fully diluted enterprise value. As per the July 2008 investor presentation, the restructured enterprise value is now estimated at $479 million, revised from the original estimated enterprise value of $534 million. CHS provided 2008 EBITDA guidance of $43 million to $45 million and 2009 EBITDA guidance of $53 million to $55 million. On July 31, 2008, pursuant to an amendment to the Stock Purchase Agreement, MBH, CHS and the Sellers have agreed to set the termination date of the Stock Purchase Agreement as August 29, 2008, subject to the parties' ability to secure a new committed credit facility on or before August 29, 2008, and MBH's ability to acquire at least 16,171,875 warrants from certain MBH warrant holders in privately negotiated transactions and subsequently retire such warrants. If both of these conditions are met, the termination date will be extended to September 30, 2008. <snip> biz.yahoo.com