Tuesday, August 14, 2007

Large H&R Block (HRB) Holder Harris Associates To Vote In Favor of Breeden Partners Board Nominees

In a 13D filing after the close on H&R Block, Inc. (NYSE: HRB), 6.76% holder Harris Associates L.P. said, "After carefully considering the positions expressed by both parties and based on its investment analysis, it is HALP's present intention to vote the shares held on behalf of its clients in favor of the nominees of Breeden Partners. HALP believes that the election of the Breeden Partners nominees is most likely to improve shareholder returns and is in the best interests of shareholders."

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