Aquarius Acquisition L.P. commences offer to purchase Springhill Lake Investors Limited Partnership interests.NEW YORK--(BUSINESS WIRE)--Feb. 1, 1995--Aquarius Acquisition L.P., a newly formed Delaware Delaware, state, United States Delaware (dĕl`əwâr, –wər), one of the Middle Atlantic states of the United States, the country's second smallest state (after Rhode Island). limited partnership, announced today that it has commenced an offer to purchase outstanding limited partnership interests in Springhill Lake Investors Limited Partnership, a Maryland limited partnership, for a cash payment of $36,000 per partnership unit, subject to the terms and conditions set forth in the offer document and its related transmittal letter Transmittal letter A letter describing the contents and purpose of a transaction delivered with a security that is changing ownership. . Up to approximately $18,000 of the consideration paid for each tendered unit may be in the form of proceeds of a non-recourse secured loan from the purchaser to a tendering unit holder, depending upon the number of units tendered. The offer by Aquarius is made to Springhill Lake limited partners of record as of Feb. 1, 1995. The offer will expire expire /ex·pire/ (ek-spi´er) 1. to exhale. 2. to die. ex·pire v. 1. To breathe one's last breath; die. 2. To exhale. at 5:00 P.M., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Time, on March 2, 1995, unless extended. The offer is being made only by an offer to purchase dated Feb. 1, 1995, and related letter of transmittal Letter of Transmittal A document used by security holder to accompany certificates surrendered in an exchange or other corporate action. , copies of which can be obtained from the information agent, D.F. King & Co., by calling 1-800/659-5550. CONTACT: D.F. King & Co. Inc. Kevin Schwicardi, 212/269-5550 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion