EX-99.C.4 3 b83625exv99wcw4.htm EX-99.(C)(4) exv99wcw4
Exhibit (c)(4)
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Process Update August 4, 2010

 


 

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ProcessSummary Covington has contacted 64 potentialpartners since launching the process on June 2nd 45 parties responded, 19 parties were unresponsive 28 were not interested in reviewing 17 signed NDAs 9 declined after reviewing dataroom 8 received bid letters 2 sent bids CurrentStatus of Parties Receiving Bid Letters (8): (i)Submitted Bids (2) –Platinum Equity –Matt Young (Principal) and Travis Haynes (VP); Submitted bid for $7 — $9 million for manufacturing division –Swenson Granite — Kurt Swenson; Submitted bid for $4.38 for entire company (ii)Received Bid Letter/Did Not Respond or Declined Post Bid Letter (6) –Forest Hill Partners –Long Point Capital –Martin Marietta Materials –Mill Road Capital –Open Gate Capital –Polycor