Dart-Solo Closed -- Debt Called For "Make-Whole" Redemption.

Not with a bang -- but a whimper.

Apparently Solo and Dart don't do enough business in the other jurisdictions to trigger a pre-merger filing.

Most importantly, for those speculators in the thinkly-traded Solo high-coupon debt, the highest-coupon legacy Solo debt is being called -- under a make whole redemption (as required by the indenture, in a change of control setting):

. . .All of Solo's outstanding 10.5% Senior Secured Notes due 2013 and 8.5% Senior Subordinated Notes due 2014 have been called for redemption at 100% of the principal amount plus accrued and unpaid interest to their respective redemption dates of May 21, 2012 and June 4, 2012. In addition, all funds necessary to pay the redemption price have been deposited with the trustee under the indentures pursuant to which such notes were issued and, accordingly, the indentures and the notes have been satisfied and discharged in accordance with their terms. . . .

Ah -- so it goes.