Real Estate — November 28, 2012

C.A. Bancorp Responds to Announcement of Unsolicited Offer

TORONTO, ONTARIO--(Marketwire - Nov. 28, 2012) - C.A. Bancorp Inc. ("C.A. Bancorp" or the "Company") (TSX:BKP) announced that CDJ Global Catalyst LLC ("CDJ") issued a press release yesterday indicating that CDJ, by itself or through an affiliated corporation or otherwise, on behalf of accounts in respect of which it exercises discretion and control, intends to make an all-cash offer to acquire all of the issued and outstanding shares of C.A. Bancorp at a price of $3.15 per share.

The Company's Board of Directors will consider the unsolicited offer, and will communicate with C.A. Bancorp shareholders if and when the offer is formally made. There is no action to be taken by C.A. Bancorp shareholders until that time.

C.A. Bancorp Inc.

C.A. Bancorp is a publicly traded Canadian merchant bank and alternative asset manager that provides investors with access to a range of private equity and other alternative asset class investment opportunities. C.A. Bancorp has historically focused on investments in small- and middle-capitalization public and private companies, with emphasis on the industrials, real estate, infrastructure and financial services sectors. The Company is currently executing its realization strategy as described in its publicly filed continuous disclosure documents.

This release includes certain forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "should", "plans" or "continue" or the negative thereof or variations thereon or similar terminology. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will provide to be correct. These forward- looking statements are subject to a number of risks and uncertainties. Actual results could differ materially from those anticipated in these forward-looking statements. Reference should be made to the risk factors published in the Company's most recent management discussion and analysis, which is available at www.sedar.com.

Contact Information

C.A. Bancorp Inc.
Steven Sharpe
Chief Executive Officer
1-866-388-5985
416-861-8166 (FAX)
info@cabancorp.com
www.cabancorp.com

Print

Latest Industry Press Releases

Updated 4:01 EDT, May 19, 2013  

Construction/Building

Retrocom Announces Extension of Relationship With SmartCentres (2013-05-17)

ATCO Emissions Management at the 2013 WEPower Generation Forum (2013-05-17)

DayStar Technologies, Inc. (DSTI) Appoints Michael Matvieshen as Special Consultant and Further Announces His Successful Negotiation to Retire All Daystar's Senior Secured Debt (2013-05-17)

Black Diamond Group Limited Announces May Dividend (2013-05-17)

GTA Realtors(R) Release Mid-Month Resale Housing Figures (2013-05-16)

ATCO Awarded A$100 Million Subcontract on Wheatstone Project (2013-05-16)

CEMATRIX Corporation Announces Record First Quarter Sales for the Quarter Ended March 31, 2013 (2013-05-16)

Retrocom Announces Opening of Four New Canadian Tire Group Stores at Southland Mall (2013-05-15)

Empire Industries Announces Private Placement and Creation of a 51% Controlled Chinese Joint Venture Company (2013-05-15)

CAHPI BC Home Inspectors Donate to BC Children's Hospital Foundation (2013-05-14)

CanWel Announces Election of Directors (2013-05-14)

CEMATRIX Corporation Announces $1.2 million Of New Contracts (2013-05-14)

Black Diamond Group Limited Announces Election of Directors (2013-05-13)

Prairie Oil Field Services Ltd. Signs Agreement to Purchase 160-Acre Quarry to Increase and Diversify Product Line (2013-05-13)

Le ministre Bernier se joint à la ministre Draude et au maire Fougere pour souligner la mise en chantier de logements abordables destinés aux jeunes de Regina (2013-05-13)

Tree Island Announces Election of Directors (2013-05-13)

MOST POPULAR STORIES
TODAY’S TOP CONSTRUCTION PROJECTS

These projects have been selected from 316 projects with a total value of $2,787,806,637 that Reed Construction Data Building Reports reported on Friday.

SENIORS CONDOMINIUM APARTMENT & OFFICE BLDG

$90,000,000 Richmond Hill ON Prebid

HYDROELECTRIC DAMS

$82,000,000 White River Twp ON Tenders

CONDOMINIUM APARTMENT BUILDING

$40,650,000 Markham ON Prebid

Daily Top 10

CURRENT STORIES