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Alex Chory

07/06/07 6:52 PM

#3933 RE: OriginalFred #3932

thats me lately

a good investor with good stocks,

ask MACH

BOOOO YAAAA

Alex Chory

07/06/07 7:46 PM

#3935 RE: OriginalFred #3932

another Private Equity deal signed sealed and delivered


"follow the money"



http://stockcharts.com/h-sc/ui?s=SAMC&p=D&yr=0&mn=10&dy=0&id=p61139638822


CVC to Acquire Samsonite Corporation in $1.7 Billion All-Cash Transaction


All-Cash Deal to Buy World's Leading Travel Lifestyle Brand for $1.49 Per Share

MANSFIELD, Mass., July 5, 2007 /PRNewswire-FirstCall via COMTEX/ -- Samsonite Corporation (OTC Bulletin Board: SAMC), one of the world's largest designers, manufacturers, distributors and marketers of luggage, casual bags, business cases and travel-related products today announced that it has entered into a definitive merger agreement to be acquired by funds managed and advised by CVC Capital Partners ("CVC"), a leading global private equity firm. The all-cash transaction is valued at approximately $1.7 billion, including the assumption of debt.
Under the terms of the agreement, CVC will acquire all of the outstanding common stock of Samsonite for $1.49 per share in cash.

The transaction was unanimously approved by the Board of Directors of Samsonite.

Entities controlled by Ares Management LLC, Bain Capital Partners, LLC and Teachers' Private Capital, the private investment arm of Ontario Teachers' Pension Plan, ("Principal Shareholders") who collectively own approximately 85% of Samsonite's common stock, have agreed to approve the transaction and have entered into a written consent and voting agreement with CVC in this regard. The written consent and voting agreement provides, among other things, that the Principal Shareholders will deliver written consents approving the merger.

The transaction is expected to close during the fourth quarter of 2007 and is subject to customary closing conditions, including regulatory review in the US and Europe. CVC has received certain funds debt financing commitments from third-party financing sources and, accordingly, closing is not subject to the receipt of financing.

Marcello Bottoli, CEO of Samsonite, said: "We believe that this transaction delivers excellent value to all our shareholders. I am excited to continue our successful journey to create the world's leading travel lifestyle brand together with CVC Capital Partners."

A representative for the Principal Shareholders commented: "Ares Management LLC, Bain Capital and Ontario Teachers' Pension Plan would like to thank Marcello Bottoli, the rest of the management team and the employees of Samsonite for their significant efforts during our ownership period in transforming the company into the world's leading premium, global travel brand. We wish Samsonite and its new owners continued success."

Hardy McLain and Luigi Lanari of CVC stated, "CVC Capital Partners is delighted to have reached agreement to acquire Samsonite, the world's leading travel lifestyle brand. We look forward to working with Marcello Bottoli and his team to realise the full potential of the brand. China and India present particularly interesting opportunities for growth."

Merrill Lynch International acted as financial advisor and Skadden, Arps, Slate, Meagher & Flom (UK) LLP acted as legal advisor to Samsonite in connection with the transaction. Kirkland & Ellis LLP acted as legal advisor to the Principal Shareholders in connection with the transaction. UBS and Lehman Brothers Inc. acted as financial advisors and Paul, Weiss, Rifkind, Wharton & Garrison LLP and SJ Berwin LLP acted as legal advisors to CVC.

This press release and the related Agreement and Plan of Merger will be filed with the US Securities and Exchange Commission pursuant to the requirements of US Securities Laws. In connection with the proposed transaction, Samsonite intends to file relevant materials with the Securities and Exchange Commission, including a proxy statement on Schedule 14A. INVESTORS AND SECURITY HOLDERS OF SAMSONITE ARE URGED TO READ THESE MATERIALS WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT SAMSONITE, CVC CAPITAL PARTNERS AND THE TRANSACTION. The proxy statement and other relevant materials (when they become available) and any other documents filed by Samsonite with the SEC may be obtained free of charge at the SEC's website at www.sec.gov. Investors and security holders are urged to read the proxy statement and the other relevant materials when they become available before making any voting or investment decision with respect to the proposed transaction.

Samsonite and its executive officers and directors may be deemed to be participants in the solicitation of proxies from Samsonite's stockholders with respect to the proposed acquisition. Information about Samsonite's executive officers and directors and their ownership of Samsonite common stock is set forth in the proxy statement, which was filed with the SEC on June 26, 2007. Investors and security holders may obtain more detailed information regarding the direct and indirect interests of Samsonite and its respective executive officers and directors in the proposed acquisition by reading the preliminary and definitive proxy statements regarding the proposed acquisition, which will be filed by Samsonite with the SEC.

CVC Capital Partners and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of Samsonite in connection with the transaction described herein. Information regarding the special interests of these directors and executive officers will be included in the Proxy Statement/Prospectus to be circulated in connection with the transaction.

Alex Chory

07/07/07 8:58 PM

#3945 RE: OriginalFred #3932

the balance sheet on this puppy is really rock solid,

CR=3.85


this one worth keeping an eye on for now, jmho of course


http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001144204%252D07...



http://stockcharts.com/h-sc/ui?s=FSIN&p=D&yr=0&mn=6&dy=0&id=p72314637529

Alex Chory

07/08/07 7:47 PM

#3948 RE: OriginalFred #3932

if we all stop worrying about the scams and put are best


effort into finding good stocks, we'd all be making money
hand over fist....................

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