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

    


    
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<p><span class="xn-location">BOSTON</span>, <span class="xn-chron">Dec. 20, 2010</span> /CNW/ -- On <span class="xn-chron">December 17, 2010</span> Weiss Asset Management LP ("Weiss") elected to participate in the Tender Offer by C.A. Bancorp Inc. (the "Issuer"). Weiss previously controlled 5,029,000 common shares representing approximately 19.03% of the issued and outstanding common shares of the Issuer, reported as of <span class="xn-chron">November 8, 2010</span>. The Issuer announced today that it has agreed to purchase for cancelation 92.7% of the total number of shares tendered to the Tender Offer. Following take-up and payment by the Issuer, Weiss will cease to be a significant shareholder.</p>
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<p>Depending on market conditions and other conditions, Weiss and/or its affiliates may increase, or, where applicable, decrease their beneficial ownership, control or direction over shares of the Issuer through market transactions, private agreements, treasury issuances, exercise of options, convertible securities or otherwise.</p>
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<p>For further information please contact Georgiy Nikitin, Chief Compliance Officer of Weiss Asset Management LP. 222 Berkeley St, 16th Floor, <span class="xn-location">Boston</span>, MA 02116, USA.</p>
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    Weiss Asset Management LP
    222 Berkeley St, 16th Floor
    Boston, MA 02116, USA
    Tel.: [phone]
    Fax: [phone]




    

For further information: Georgiy Nikitin, Chief Compliance Officer of Weiss Asset Management LP, [phone], Fax: [phone]