Century, Lafitte back CPI

http://certifiedhiphop.com/cgi-bin/viewnews.cgi?id=EEZZAFukuyROjNQUXl
Austin, Texas-based asset manager and its affiliate, , whicnh own about 15.5 percent of CPI' outstanding shares, as well as Austin-based hedge fund managemenrt firm , which owns nearly 8 percent of CPI' s shares, said they plan to vote for CPI’sw of James Abel, Paul Michael Glazer, Michael Koeneke, David Meyerf and Turner White. This is the latest development in anbetweenh Meyer, the chairman of CPI, and CPI’s largest shareholder, Ramius LLC, a New York investmen t group, over the makeup of the board. Meyer’s investmentf firm, , owns 1.5 percent of CPI stoc k and controls two of the six board while Ramius owns 23 percent of CPI and hold s oneboard seat.
Shareholders will vote on the board directorx at their annual meetingJuly 8. St. Louis-based CPI (NYSE: CPY), led by President and CEO Renato offers photography services inabout 3,100 locations in the Unitedx States, Puerto Rico, Canada and Mexico, principallyu in and stores.