Factory Card & Party Outlet Corp. Announces the Engagement of Goldsmith Agio Helms.NAPERVILLE, Ill. -- Factory Card & Party Outlet Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : FCPO FCPO Crude Palm Oil Futures FCPO Fellowship of Christian Peace Officers FCPO Fleet Chief Petty Officer (Royal Navy) FCPO First Class Petty Officer (US Navy) ) announced today that it has engaged investment banking firm Goldsmith Agio AGIO, aggio. This term is used to denote the difference of price between the value of bank notes and nominal money, and the coin of the country. Encyc. Helms to assist the Company and its Directors with its previously announced decision to identify and evaluate potential strategic alternatives to enhance shareholder value. Today's statement follows the Company's December 12, 2006, announcement that the Company would be undertaking a process to explore strategic alternatives to enhance shareholder value and that it planned to hire an investment banking firm to assist with the analysis and consideration of various alternatives including the potential sale of the Company. As is customary with such processes, the Company may not make any further announcements regarding its exploration of strategic alternatives unless and until the process is terminated or the Company executes a definitive agreement relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc a transaction. No assurance can be given that any transaction will be pursued or, if a transaction is pursued, that it will be consummated. Factory Card & Party Outlet (www.factorycard.com) based in Naperville, Illinois Naperville is a city in DuPage and Will counties in Illinois in the United States. As of the 2000 census, the city had a total population of 128,358; The United States Census Bureau estimated the population in 2006 at 142,901. , is the largest publicly traded retail party chain in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Factory Card & Party Outlet currently operates 187 Company-owned retail stores in 20 states, offering a wide selection of party supplies, greeting cards See e-card. , giftwrap, balloons, everyday and seasonal merchandise, and other special occasion merchandise at everyday value prices. Goldsmith Agio Helms (www.agio.com) is one of the nation's leading independent investment banking firms providing corporate finance advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to middle-market businesses. Goldsmith Agio Helms bankers David Solomon, Co-CEO and Head of the firm's Retail Practice, and Craig Korte, Director, will lead the Factory Card & Party Outlet assignment for Goldsmith Agio Helms. Certain statements in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, year-end adjustments and other factors that may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements express or implied by such forward-looking statements. In general, the results, performance or achievements of the Company and its stores and the value of the Company's common stock are dependent upon a number of factors including, without limitation, the dependence on key personnel; competition, ability to anticipate merchandise trends and consumer demand; ability to maintain relationships with suppliers; successful implementation of information systems; successful handling of merchandise logistics; inventory shrinkage; ability to meet future capital needs; governmental regulations; and other factors both referenced and not referenced in the Company's filings with the Securities and Exchange Commission. |
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