SOURCE: HD Partners Acquisition Corporation

April 21, 2008 14:56 ET

HD Partners Acquisition Corporation Announces Record Date for Liquidation Distribution

SANTA MONICA, CA--(Marketwire - April 21, 2008) - HD Partners Acquisition Corporation ("the Company") (AMEX: HDP) (AMEX: HDP.U) (AMEX: HDP.WT) announced today that the Company has set April 30, 2008 as the record date (the "Record Date") for determining the stockholders entitled to receive liquidating distributions. April 30, 2008 will also be the last trade date for the Company's securities on the American Stock Exchange.

Pursuant to the plan of liquidation, which was approved by the Company's stockholders on April 7, 2008, the Company will return the amount held in trust, together with interest (net of applicable taxes), to holders, as of the Record Date, of the Company's common stock originally issued in its initial public offering. 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. As of the record date, April 30, 2008, the share transfer books of the Company will be closed, and trading of the Company's shares on the American Stock Exchange will be suspended. The Company expects to make a liquidating distribution promptly after April 30, 2008.

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