Business Services Industry

Shamrock Activist Value Fund Opposes Acquisition of Reddy Ice Holdings, Inc. by GSO Capital Partners. Shamrock, a 5.4% Reddy Ice Stockholder, States GSO Buyout Offer Grossly Inadequate

Business Wire, July 16, 2007

BURBANK, Calif. -- Shamrock Capital Advisors Inc. transmitted the following letter today to the board of directors of Reddy Ice Holdings, Inc. strongly opposing acquisition of company by GSO Capital Partners.

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