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TORONTO, ONTARIO--(Marketwire - Oct. 5, 2011) - Clairvest Group Inc. (TSX:CVG) ("Clairvest"), Clairvest Equity Partners IV Limited Partnership and Clairvest Equity Partners IV-A Limited Partnership (collectively, "CEP IV") announced today that Centaur, LLC and its affiliated debtors emerged from Chapter 11 protection on October 1, 2011, and implemented its court-approved Plan of Reorganization ("the Plan"). Per the terms of the Plan, pre-petition first lien debt holders received a combination of cash and securities in the reorganized Company, which is known as Centaur Holdings, LLC ("Centaur", or "the Company"). Through its operating subsidiaries, Centaur holds various gaming interests including the Hoosier Park Racing & Casino in Anderson, Indiana. |
