CD Warehouse Franchisee Association Holds Special Board Meeting.Business Editors AUSTIN Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum , Texas--(BUSINESS WIRE)--Oct. 12, 2001 The CD Warehouse Franchisee Association (CDWFA) held a special board meeting today to discuss recent events and activities, including the announcement of a derivative suit derivative suit See stockholder derivative suit. filed against CD Warehouse, Inc. (CDWI) and the announcement of an offer by competitor Django's to buy CDWI. Following the meeting, CDWFA President Jim Boushka announced that the CDWFA will address the opportunities and challenges involved in a possible purchase of CD Warehouse by Django's and other recent events. "The impact of the events and activities of the past few days is potentially significant to the franchisee community. The CDWFA is scheduling a meeting open to all franchisees, members and non-members, within the next few weeks to discuss the options and opportunities available to us" stated Boushka. Boushka also stated that the recent filing of an arbitration arbitration Process of resolving a dispute or a grievance outside a court system by presenting it for decision to an impartial third party. Both sides in the dispute usually must agree in advance to the choice of arbitrator and certify that they will abide by the demand against CDWI by Paul and Peggy Peggy may refer to:
u·ni·lat·er·al adj. On, having, or confined to only one side. action taken by the MacDougalls. Boushka clarified that the CDWFA is not associated with any arbitration filed by any franchisee against CDWI. |
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