Business NewsMarketWire • C.A. Bancorp Responds to Increased Offer by Century

C.A. Bancorp Responds to Increased Offer by Century

C.A. Bancorp Responds to Increased Offer by Century

TORONTO, ONTARIO--(Marketwire - July 19, 2010) - The board of directors (the "Board") of C.A. Bancorp Inc. (the "Company") (TSX:BKP) has reviewed and considered, with its advisors, the announcement by 1535633 Alberta Ltd., a wholly-owned subsidiary of Century Services LP (together, "Century") that it has varied its offer (the "Offer") for all of the issued and outstanding common shares (the "Shares") of the Company by increasing the offer price per Share from $1.50 to $1.71.

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C.A. Bancorp Responds to Increased Offer by Century