western acquisitions??

[link01]

i dont know if this ultimately will belong here but wasnt western acquisitions holdings a sub of west, now sns or bh?

 

<<CARPINTERIA, Calif.--(BUSINESS WIRE)--CKE Restaurants, Inc. (NYSE: CKR - News) (the “Company”) announced today that, on April 18, 2010, the party previously designated as an “Excluded Party” (“Excluded Party”), as such term is defined in the Agreement and Plan of Merger, dated as of February 26, 2010, by and among the Company, Western Acquisition Holdings, Inc., a Delaware corporation (“Parent”), and Western Acquisition Corp., a Delaware corporation (the “Current Merger Agreement”), submitted a formal binding offer for the acquisition of the Company in which the Company’s stockholders would receive $12.55 per share in cash (the “Excluded Party Proposal”). The Excluded Party Proposal included an Agreement and Plan of Merger, a Limited Guarantee and Company Stockholder Voting Agreements, all of which were executed by the Excluded Party and certain of its affiliates (collectively, the “Proposed Transaction Documents”). The Excluded Party Proposal expires upon certain events, including the Company’s failure to accept, execute and deliver the Proposed Transaction Documents to the Excluded Party by 12:01 a.m. Eastern Daylight Time on April 24, 2010....>

 

http://finance.yahoo.com/news/CKE-Restaurants-Inc-Declares-bw-528228075.html?x=0&.v=1

[rkbabang]

i dont know if this ultimately will belong here but wasnt western acquisitions holdings a sub of west, now sns or bh?

 

<<CARPINTERIA, Calif.--(BUSINESS WIRE)--CKE Restaurants, Inc. (NYSE: CKR - News) (the “Company”) announced today that, on April 18, 2010, the party previously designated as an “Excluded Party” (“Excluded Party”), as such term is defined in the Agreement and Plan of Merger, dated as of February 26, 2010, by and among the Company, Western Acquisition Holdings, Inc., a Delaware corporation (“Parent”), and Western Acquisition Corp., a Delaware corporation

 

I'm not sure if these are the same "Western Acquisitions" that are under BH or not.  I'm looking at the slides in here:

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6752105-931-5320&type=sect&TabIndex=2&companyid=29349&ppu=%252fdefault.aspx%253fcompanyid%253d29349

 

And the subs are called "Western Investments, Inc" not "Western Acquisition Corp" and "Western Acquisitions LP" not "Western Acquisition Holdings, Inc".

 

This may be a different company. Anyone know?

 

--Eric

 

 

 

[JAllen]

A couple of those 'Western' entities were created in the past two months.  One 2/23/10 if I remember correctly.

 

 

[cooger72]

I don't have any special knowledge, but it seems clear it's not a BH sub... the acquisition is valued at more than BH's market cap and is being paid in cash.  I don't think Sardar is going to lever himself up like that and I don't think a sub could do it.