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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 14D-1/A
TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1)
OF THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)
AND
SCHEDULE 13D/A
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 3)
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ANGELES PARTNERS XII
(Name of Subject Company)
COOPER RIVER PROPERTIES, L.L.C.
INSIGNIA PROPERTIES, L.P.
INSIGNIA PROPERTIES TRUST
INSIGNIA FINANCIAL GROUP, INC.
(Bidders)
UNITS OF LIMITED PARTNERSHIP INTEREST
(Title of Class of Securities)
NONE
(Cusip Number of Class of Securities)
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JEFFREY P. COHEN
SENIOR VICE PRESIDENT
INSIGNIA FINANCIAL GROUP, INC.
375 PARK AVENUE
SUITE 3401
NEW YORK, NEW YORK 10152
(212) 750-6070
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Bidders)
COPY TO:
JOHN A. HEALY, ESQ.
ROGERS & WELLS LLP
200 PARK AVENUE
NEW YORK, NEW YORK 10166
(212) 878-8000
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AMENDMENT NO. 2 TO SCHEDULE 14D-1/AMENDMENT NO. 3 TO SCHEDULE 13D
This Amendment No. 2, which amends and supplements the Tender Offer
Statement on Schedule 14D-1 originally filed with the Commission on August 13,
1998, as amended by Amendment No. 1 filed with the Commission on September 11,
1998 (the "Schedule 14D-1") by Cooper River Properties, L.L.C. (the
"Purchaser"), Insignia Properties, L.P. ("IPLP"), Insignia Properties Trust
("IPT") and Insignia Financial Group, Inc. ("Insignia"), also constitutes
Amendment No. 3 to the Statement on Schedule 13D of the Purchaser, IPLP, IPT,
Insignia and Andrew L. Farkas, originally filed with the Commission on June 22,
1998, as amended by Amendment No. 1 filed with the Commission on August 13,
1998 and Amendment No. 2 filed with the Commission on September 11, 1998 (and
together with the Schedule 14D-1, the "Schedules"). The Schedules relate to the
tender offer of the Purchaser to purchase up to 12,000 of the outstanding units
of limited partnership interest (the "Units") of Angeles Partners XII, at a
purchase price of $600 per Unit, net to the seller in cash, upon the terms and
subject to the conditions set forth in the Offer to Purchase dated August 13,
1998 (the "Offer to Purchase") and the related Assignment of Partnership
Interest (which, together with any supplements or amendments, collectively
constitute the "Offer"). Capitalized terms used but not defined herein have the
meanings ascribed to them in the Offer to Purchase and the Schedule 14D-1.
ITEM 10. ADDITIONAL INFORMATION.
(f) The Offer has been extended to 5:00 p.m., New York time, on
Friday, September 25, 1998. On September 21, 1998, the Purchaser issued a press
release announcing such extension and reporting that approximately 3,931 Units
had been tendered pursuant to the Offer to date. A copy of the press release
has been filed as Exhibit (a)(6) to this Amendment No. 2 and is incorporated
herein by reference in its entirety.
ITEM 11. MATERIAL TO BE FILED AS EXHIBITS.
(a)(6) Text of press release issued by the Purchaser on September
21, 1998.
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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: September 21, 1998
COOPER RIVER PROPERTIES, L.L.C.
By: /s/ JEFFREY P. COHEN
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Jeffrey P. Cohen
Manager
INSIGNIA PROPERTIES, L.P.
By: Insignia Properties Trust,
its General Partner
By: /s/ JEFFREY P. COHEN
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Jeffrey P. Cohen
Senior Vice President
INSIGNIA PROPERTIES TRUST
By: /s/ JEFFREY P. COHEN
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Jeffrey P. Cohen
Senior Vice President
INSIGNIA FINANCIAL GROUP, INC.
By: /s/ FRANK M. GARRISON
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Frank M. Garrison
Executive Managing Director
SOLELY FOR PURPOSES OF, AND INSOFAR AS THIS
FILING CONSTITUTES, AMENDMENT NO. 3 TO THE
STATEMENT ON SCHEDULE 13D
/s/ ANDREW L. FARKAS
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By: Jeffrey P. Cohen, Attorney-in-Fact
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
(a)(6) Text of press release issued by the Purchaser on September
21, 1998.
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EXHIBIT (a)(6)
COOPER RIVER PROPERTIES, L.L.C.
P.O. Box 19059
Greenville, SC 29602
CONTACT: Edward McCarthy of Beacon Hill Partners, Inc.
(212) 843-8500
FOR IMMEDIATE RELEASE
COOPER RIVER ANNOUNCEMENT
GREENVILLE, SOUTH CAROLINA, September 21, 1998--Cooper River
Properties, L.L.C. today announced that it has extended the expiration date of
its outstanding tender offers for limited partnership interests in Angeles
Income Properties, Ltd. II, Angeles Income Properties, Ltd. 6, Angeles Partners
X and Angeles Partners XII. The expiration date for each tender offer has been
extended to 5:00 p.m., New York time, on Friday, September 25, 1998. The offers
were previously scheduled to expire at 5:00 p.m. on Friday, September 18, 1998.
Cooper River reported, based on information provided by the depositary
for the offers, that as of the close of business on September 18, 1998,
approximately 5,021 interests had been tendered pursuant to the Angeles Income
Properties, Ltd. II offer, approximately 2,796 interests had been tendered
pursuant to the Angeles Income Properties, Ltd. 6 offer, approximately 3,394
interests had been tendered pursuant to the Angeles Partners X offer and
approximately 3,931 interests had been tendered pursuant to the Angeles
Partners XII offer.
For further information, please contact Beacon Hill Partners at (800)
854-9486, which is acting as the Information Agent for the offers.
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