Friday, December 08, 2006

UPDATE: Catalina Marketing (POS) Confirms Offer, Goldman Hire

UPDATE: Catalina Marketing Corporation (NYSE: POS) confirmed that it has engaged Goldman Sachs & Co., as financial advisor, following receipt of an unsolicited expression of interest from a third party private equity firm with respect to the acquisition of the company.

The Company's board of directors formed a special committee which has authorized Goldman Sachs to solicit expressions of interest from other third parties and advise it with respect to the board's consideration of any expressions of interest and the advisability of pursuing a sale of the company.

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