Weiss Asset Management LP Acquires Shares of C.A. Bancorp Inc.


<p><span class="xn-location">BOSTON</span>, <span class="xn-chron">May 13</span> /CNW/ -- On <span class="xn-chron">May 13, 2010</span> Weiss Asset Management LP ("Weiss"), acquired control of 795,000 common shares of C.A. Bancorp Inc. (the "Issuer"), representing approximately 2.97% of the presently issued and outstanding common shares of the Issuer. Those purchases gave Weiss ownership or control of 3,767,700 common shares representing approximately 14.09% of the issued and outstanding common shares of the Issuer reported as of <span class="xn-chron">March 31, 2010</span>. The securities were acquired in multiple trades through the facilities of the <span class="xn-location">Toronto</span> Stock Exchange on <span class="xn-chron">May 13, 2010</span> at an average price of approximately CDN$1.48 per common share. The common shares have been acquired for investment purposes and, depending on market and other conditions, Weiss and/or its affiliates may increase or decrease their beneficial ownership, control or direction over common shares (including disposing of all or a portion of the common shares of the Issuer beneficially owned or controlled by them) through market transactions, private agreements, treasury issuances, exercise of options, convertible securities or otherwise.</p>
<p>For further information please contact Georgiy Nikitin, Chief Compliance Officer of Weiss Asset Management LP. 29 Commonwealth Avenue, 10th Floor, <span class="xn-location">Boston</span>, MA 02116, USA.</p>
<p> </p>
<p> </p>
    Weiss Asset Management LP
    29 Commonwealth Avenue, 10th Floor
    Boston, MA 02116, USA
    Tel.: 617-778-7725
    Fax: 617-778-7781


For further information: For further information: Georgiy Nikitin, +1-617-778-7725, or Fax: +1-617-778-7781

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890