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Thursday, 01/11/2007 12:10:59 PM

Thursday, January 11, 2007 12:10:59 PM

Post# of 771
Re: COHG (formerly CSJJ)

http://biz.yahoo.com/iw/070111/0202311.html

Press Release Source: Coastal Holdings, Inc.


Coastal Holdings, Inc. Receives Take-Over Offer
Thursday January 11, 10:49 am ET


HOUSTON, TX--(MARKET WIRE)--Jan 11, 2007 -- Coastal Holdings, Inc. (Other OTC:COHG.PK - News) today announced that it has received a take-over offer from a multinational organization. The organization has proposed an acquisition of all the outstanding common shares of Coastal Holdings by way of a friendly take-over bid. The offer, on a price per share basis, is significantly higher than Coastal Holding's current price per share. The two companies are in the process of formulating a support agreement that would cover this offer. Further details will be disclosed to shareholders upon the signing of the support agreement.

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