Gabelli & Company Discussion on Adesa Planned for March 1.RYE, N.Y. -- Gabelli & Company, Inc., as previously announced, will host a meeting on Thursday Thursday: see week. , March 1, 2007 at 4:30PM to discuss a proposed transaction in which Adesa, Inc. (NYSE NYSE See: New York Stock Exchange : KAR) would be acquired by a consortium of private equity firms. Despite overwhelming interest from the institutional community, Adesa's management has elected not to participate in this meeting. Nevertheless, we expect numerous shareholders and several of the institutional proxy advisory firms to be in attendance. The four private equity firms attempting to acquire Adesa have yet to confirm their participation. This meeting is another in a series held by Gabelli & Company focused on shareholder initiatives and value surfacing activities. Gabelli & Company, Inc., an institutional research and brokerage firm, is a subsidiary of GAMCO Investors GAMCO Investors, Inc formely known as Gabelli Asset Management Company is a provider of investment advice and brokerage services to mutual funds, institutional and select investors. It is listed on the New York Stock Exchange under the symbol GBL. , Inc. (NYSE: GBL GBL Gamma-Butyrolactone GBL government bill of lading (US DoD) GBL Ground-Based Laser GBL Game Boy Light GBL General Bearing Line GBL Generation Breakdown List GBL Ground-Based Laboratory GBL Green Bus Lines, Inc. ). |
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