SOURCE: HD Partners Acquisition Corporation

May 01, 2008 14:46 ET

HD Partners Acquisition Corporation Announces Amount of Liquidating Distribution

SANTA MONICA, CA--(Marketwire - May 1, 2008) - HD Partners Acquisition Corporation ("the Company") (AMEX: HDP) (AMEX: HDP.U) (AMEX: HDP.WT) announced today that the Company has determined the amount of trust funds available for distribution to its stockholders as of the record date of April 30, 2008 to be $149,622,864.99. Based on this amount, the Company will pay out $7.97989 per share to its stockholders as of the record date. The Company has set the payment date of May 5, 2008.

No payments will be made with respect to any of the Company's outstanding warrants or to the shares owned by the Company's initial stockholders prior to the initial public offering.

Forward-looking Statement

Statements included in this release may constitute forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results and performance in future periods to be materially different from any future results or performance suggested by these statements.

Contact Information

  • Public and Investor Relations Contact:

    Robert Meyers
    Chief Financial Officer
    HD Partners Acquisition Corporation
    Email Contact
    310-209-8308, ext. 3