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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 14D-1
TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
(Final Amendment)
AND
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
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WINTHROP PARTNERS 79 LIMITED PARTNERSHIP
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(Name of Subject Company)
QUADRANGLE ASSOCIATES I L.L.C.
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(Bidders)
UNITS OF LIMITED PARTNERSHIP INTEREST
(Title of Class of Securities)
NONE
(Cusip Number of Class of Securities)
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Michael L. Ashner
Chief Executive Officer
WIN Manager Corp.
100 Jericho Quadrangle, Suite 214
Jericho, New York 11753
(516) 822-0022
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Bidders)
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CUSIP No. NONE 14D-1/A and 13D Page 2
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1. Name of Reporting Persons; I.R.S. Identification Nos. of Above Persons
Quadrangle Associates I L.L.C.
04-3485087
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2. Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [X]
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3. SEC Use Only
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4 Sources of Funds
WC
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5. Check if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(e) or 2(f) [ ]
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6. Citizenship or Place of Organization
Delaware
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7. Aggregate Amount Beneficially Owned by Each Reporting Person
2,034.58
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8. Check if the Aggregate Amount in Row 7 Excludes Certain Shares [ ]
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9. Percent of Class Represented by Amount in Row 7
20.34%
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10. Type of Reporting Person
OO
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CUSIP No. NONE 14D-1/A and 13D Page 3
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1. Name of Reporting Persons; I.R.S. Identification Nos. of Above Persons
WIN MANAGER CORP.
04-3398667
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2. Check the Appropriate Box if a Member of a Group
(a) [ ]
(b) [X]
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3. SEC Use Only
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4 Sources of Funds
N/A
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5. Check if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(e) or 2(f) [ ]
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6. Citizenship or Place of Organization
Delaware
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7. Aggregate Amount Beneficially Owned by Each Reporting Person
None
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8. Check if the Aggregate Amount in Row 7 Excludes Certain Shares [ ]
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9. Percent of Class Represented by Amount in Row 7
0
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10. Type of Reporting Person
CO
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AMENDMENT NO. 1 TO SCHEDULE 14D-1 and SCHEDULE 13D
This Amendment constitutes (i) the Final Amendment to the Tender Offer
Statement on Schedule 14D-1 (the "Statement") filed with the Securities and
Exchange Commission on October 26, 1999 by Quadrangle Associates I L.L.C., a
Delaware limited liability company (the "Purchaser"), and WIN Manager Corp.,
relating to the tender offer by the Purchaser, as amended by Amendment No. 1
thereto filed with the Securities and Exchange Commission on November 12, 1999,
relating to the tender offer by the Purchaser to purchase up to 3,305 of the
outstanding units of limited partnership interest ("Units") of Winthrop Partners
79 Limited Partnership (the "Partnership") at a purchase price of $500 per Unit,
net to the seller in cash,, upon the terms and subject to the conditions set
forth in the Offer to Purchase dated October 26, 1999, as Supplemented by
Supplement No. 1 thereto dated November 12, 1999 (the "Offer to Purchase") and
the related Letter of Transmittal (which, together with any supplements or
amendments, collectively constitute the "Offer"), and (ii) the Purchaser's
initial filing on Schedule 13D under Section 13(d) of the Securities Exchange
Act of 1934, as amended. The item numbers and responses thereto set forth below
are in accordance with the requirements of Schedule 14D- 1.
ITEM 4. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 4 is hereby amended to add the following:
The total amount of funds required by the Purchaser to purchase
2,034.58 Units pursuant to the Offer, excluding related fees and expenses, was
$1,017,290.
ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
Item 6 is hereby amended to add the following:
The Offer by the Purchaser for up to 3,305 Units expired 12:00
midnight, New York City time, on November 30, 1999. Pursuant to the Offer, the
Purchaser purchased 2,034.58 Units, constituting approximately 20.34% of the
outstanding Units. As a result, the Purchaser and its affiliates now own an
aggregate of 2,059.58 Units constituting approximately 20.56% of the outstanding
Units.
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SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: December 6, 1999
QUADRANGLE ASSOCIATES I L.L.C.
By: WIN Manager Corp.
By: /s/ Michael L. Ashner
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Michael L. Ashner
Chief Executive Officer
WIN MANAGER CORP.
By: /s/ Michael L. Ashner
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Michael L. Ashner
Chief Executive Officer
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