CDJ Global Catalyst LLC together with C.A. Bancorp Inc. (CAB) jointly announced the completion of the CDJ's previously announced offer to acquire all of the issued and outstanding common shares of CAB at a price of CAD 3.20 per share. Effective on March 7, 2013, CDJ will manage the business and affairs of CAB. The company also announced that, in connection with the take up and payment for Common Shares by the Offeror under the Offer, Paul Haggis (Chairman), Frank Potter, Steven Sharpe, and Timothy Unwin have resigned from the board of directors of CAB and Bradd Gold, Gaetano Muzio, Roy Pottle and Robert Wolf have been appointed thereto.

Steven Sharpe and Kurt Brands resigned from their positions as Chief Executive Officer and Chief Financial Officer, respectively.