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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): DECEMBER 18, 1997
COMMERCIAL NET LEASE REALTY, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
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MARYLAND 0-12989 56-1431377
(STATE OR OTHER JURISDICTION OF (COMMISSION FILE NUMBER) (IRS EMPLOYER IDENTIFICATION NO.)
INCORPORATION
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400 EAST SOUTH STREET, SUITE 500 32801
ORLANDO, FLORIDA (ZIP CODE)
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
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REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (407) 422-1574
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ITEM 1. CHANGES IN CONTROL OF REGISTRANT.
Not Applicable.
ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
Not Applicable.
ITEM 3. BANKRUPTCY OR RECEIVERSHIP.
Not Applicable.
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Not Applicable.
ITEM 5. OTHER EVENTS.
On May 15, 1997, the Special Committee of the Board of Directors of
Commercial Net Lease Realty, Inc. (the "Company") recommended that the Board of
Directors of the Company approve the Agreement and Plan of Merger by and among
the Company, Net Lease Realty II, Inc., a Maryland corporation and wholly owned
subsidiary of the Company ("NLRII"), CNL Realty Advisors, Inc., a Florida
corporation (the "Advisor"), and the stockholders of the Advisor in the form
attached to the Company's Current Report on Form 8-K dated May 15, 1997.
At the Company's 1997 Annual Meeting of stockholders held on December
18, 1997, the stockholders approved the Merger Agreement and the transactions
contemplated therein. Of the 17,410,116 shares voting on this proposal 97.4
percent voted in favor of the Merger Agreement and the transactions
contemplated therein.
The consummation of the Merger remains subject to the receipt by the
Company of favorable tax opinions and to other customary closing conditions
contained in the Merger Agreement.
ITEM 6. RESIGNATION OF REGISTRANT'S DIRECTORS.
Not Applicable.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a)-(b)-(c) Not Applicable.
ITEM 8. CHANGE IN FISCAL YEAR.
Not Applicable.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the Registrant has duly caused this report to be filed on its
behalf by the undersigned thereunto duly authorized.
COMMERCIAL NET LEASE REALTY, INC.
Dated: December 18, 1997 By: /s/ Kevin B. Habicht
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Kevin B. Habicht, Chief Financial Officer
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