Comdata Network Inc said it isin active talks with other parties on a possible acquisition or
recapitalization of Comdata in an effort to maximize
shareholder values.
    Comdata said &lt;Rosewood Financial Inc> together with
&lt;Cypress Partners LP> and &lt;Driftwood Ltd> have acquired over
five pct of Comdata stock and Rosewood intends to acquire over
15 pct of Comdata.
    Comdata said it has not yet reached a definitive agreement
with &lt;Mason Best Co> for the previously-announced
recapitalization and self-tender offer.
 Reuter
