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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Tender Offer Statement Pursuant to Section 14(d)(1)
of the Securities Exchange Act of 1934
SCHEDULE 14D-1
(Amendment No. 4)
(Final Amendment)
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BALCOR REALTY INVESTORS 85 - SERIES I,
A REAL ESTATE LIMITED PARTNERSHIP
(Name of Subject Company)
WALTON STREET CAPITAL ACQUISITION CO., L.L.C.
WIG 85-I PARTNERS
FMG ACQUISITION I, L.L.C.
INSIGNIA FINANCIAL GROUP, INC.
(Bidders)
LIMITED PARTNERSHIP INTERESTS
(Title of Class of Securities)
NONE
(CUSIP Number of Class of Securities)
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Edward J. Schneidman
John R. Sagan
Mayer, Brown & Platt
190 South LaSalle Street
Chicago, Illinois 60603
(312) 782-0600
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications on Behalf of Bidders)
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Amendment No. 4 to Schedule 14D-1
This Amendment No. 4 constitutes the final Amendment to the Tender Offer
Statement on Schedule 14D-1 filed by Walton Street Capital Acquisition Co.,
L.L.C., a Delaware limited liability company (the "Purchaser"), with the
Commission on November 16, 1995, as amended by Amendment No. 1 filed with the
Commission on November 21, 1995, Amendment No. 2 filed with the Commission on
December 5, 1995 and Amendment No. 3 filed with the Commission on December 19,
1995. All capitalized terms used herein but not otherwise defined have the
meanings ascribed to such terms in the Offer to Purchase dated November 16,
1995 (the "Offer to Purchase"), the First Supplement to the Offer to Purchase
dated December 5, 1995 (the "First Supplement") and the related Letter of
Acceptance (the "Letter of Acceptance," which together constitute the "Offer").
ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
Item 6 is hereby amended by the following:
(a) - (b) At 5:00 p.m., Eastern Standard Time, on Friday, December
22, 1995, the Offer expired pursuant to its terms. Based on information
provided by the Depositary, a total of 3,176.125 Interests, representing
approximately 3.8% of the outstanding Interests, were validly tendered and not
withdrawn pursuant to the Offer. The Purchaser has accepted for payment all
such Interests at the purchase price of $185 per Interest in cash.
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SIGNATURES
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.
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Dated: January 3, 1996. WALTON STREET CAPITAL ACQUISITION CO., L.L.C.
By: /s/ Neil Bluhm
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Neil Bluhm
Manager
By: /s/ Ira Schulman
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Ira Schulman
Manager
By: /s/ William Abrams
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William Abrams
Manager
By: /s/ Jeffrey Quicksilver
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Jeffrey Quicksilver
Manager
WIG 85-I PARTNERS
By: Walton Street Capital Acquisition Co., L.L.C.
By: /s/ Ira Schulman
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Ira Schulman
Managing Principal
FMG ACQUISITION I, L.L.C.
By: /s/ Jeffrey Goldberg
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Jeffrey Goldberg
In his capacity as Manager
INSIGNIA FINANCIAL GROUP, INC.
By: /s/ Ronald Uretta
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Ronald Uretta
Chief Financial Officer
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