	group may support cardis corp cds buyout a group of companies controlled by brookehill partners inc told government authorities it may support a buyout of cardis corp as a way to maximize the value of the company s stock in a filing with the securities and exchange commission the group disclosed that it currently holds a pct stake in cardis common stock and said it would likely support an uisition of the company as a whole or in parts by another party terming such a move the most likely means for the company s shareholders to maximize the value of their investment although the group characterized its cardis stock holdings as principally for investment it said it intends to contact third parties who might be interested in an uisition of cardis a los angeles based auto parts distributor the group added its has already had some contacts with others concerning the company but said no understandings have been reached the cardis common shares continue to offer opportunity for price appreciation on the basis of the company s asset value and earnings momentum the brookehill group told the sec the group which currently holds cardis common shares consists of new york based brookehill partners and its two subsidiaries brookehill equities inc a brokerage and moore grossman and derose inc an investment advisor walter grossmman s edward moore and robert derose all of new york each own one third interests in brookehill partners since april members of the brookehill group made net purchases of cardis common shares at approximately dlrs a share the group told the sec it may continue to purchase additional cardis stock but also reserved the right to sell its shares in the company reuter 
