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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13E-3
RULE 13E-3 TRANSACTION STATEMENT
(Pursuant to Section 13(e) of the
Securities Exchange Act of 1934)
(FINAL AMENDMENT)
SPRINGHILL LAKE INVESTORS LIMITED PARTNERSHIP
(Name of the Issuer)
AQUARIUS ACQUISITION, L.P.
NOMURA ASSET CAPITAL CORPORATION
WINTHROP FINANCIAL ASSOCIATES, A LIMITED PARTNERSHIP
THREE WINTHROP PROPERTIES, INC.
LINNAEUS-LEXINGTON ASSOCIATES LIMITED PARTNERSHIP
(Name of Person(s) Filing Statement)
Units of Limited Partnership Interest
(Title of Class of Securities)
NONE
(CUSIP Number of Class of Securities)
AQUARIUS ACQUISITION, L.P.
C/O NOMURA ASSET CAPITAL CORPORATION
TWO WORLD FINANCIAL CENTER
NEW YORK, NEW YORK 10005
(212) 667-2250
(Name, Address, and Telephone Numbers of Person Authorized to Receive
Notices and Communications on Behalf of Person(s) Filing Statement)
COPIES TO:
Richard J. Sabella, Esq. Richard J. McCready, Esq.
Cahill Gordon & Reindel Three Winthrop Properties, Inc.
80 Pine Street One International Place
New York, New York 10005 Boston, MA 02110
(212) 701-3000 (617) 330-8600
This statement is filed in connection with (check the appropriate box):
a. [ ] The filing of solicitation materials or an information statement
subject to Regulation 14A, Regulation 14C or Rule 13e-3(c) under the
Securities Exchange Act of 1934.
b. [ ] The filing of a registration statement under the Securities Act of
1933.
c. [X] A tender offer.
d. [ ] None of the above.
Check the following box if the soliciting materials or information
statement referred to in checking box (a) are preliminary copies: [ ]
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This Final Amendment amends and supplements the Rule 13e-3 Transaction
Statement on Schedule 13E-3 dated February 1, 1995, as amended (the
"Statement"), which relates to a tender offer by Aquarius Acquisition, L.P.,
a Delaware limited partnership (the "Purchaser"), to purchase outstanding
units of limited partnership interests (the "Units") in Springhill Lake
Investors Limited Partnership, a Maryland limited partnership (the
"Partnership"), upon the terms and subject to the conditions set forth in the
Offer to Purchase, dated February 1, 1995 (including the annexes thereto, the
"Offer to Purchase") as amended and supplemented by the Supplement to the
Offer to Purchase, dated March 3, 1995 (the "Supplement"), and in the related
Letter of Transmittal (which together constitute the "Offer"). This Final
Amendment is being filed by the Purchaser, Nomura Asset Capital Corporation,
Winthrop Financial Associates, A Limited Partnership, Three Winthrop
Properties, Inc. and Linnaeus-Lexington Associates Limited Partnership.
Capitalized terms used in this Final Amendment and not defined herein shall
have the meanings set forth in the Offer to Purchase as amended and
supplemented.
The following cross-reference sheet is being supplied pursuant to General
Instruction F to Schedule 13e-3 and shows the location in the Tender Offer
Statement on Schedule 14D-1 as amended (the "Schedule 14D-1") filed by the
Purchaser with the Securities and Exchange Commission in respect of the Offer
of the information required to be included in response to the items of this
Statement. The information in the Schedule 14D-1 is hereby expressly
incorporated herein by reference and the responses to each item in this
Statement are qualified in their entirety by the provisions of the Schedule
14D-1.
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CROSS-REFERENCE SHEET
<TABLE>
<CAPTION>
ITEM IN WHERE LOCATED IN
SCHEDULE 13E-3 SCHEDULE 14D-1
------------------ --------------------
<S> <C>
Item 1(a) ......... Item 1(a)
Item 1(b) ......... Item 1(b)
Item 1(c) ......... Item 1(c)
Item 1(d) ......... *
Item 1(e) ......... *
Item 1(f) ......... *
Item 2(a) ......... Item 2(a)
Item 2(b) ......... Item 2(b)
Item 2(c) ......... Item 2(c)
Item 2(d) ......... Item 2(d)
Item 2(e) ......... Item 2(e)
Item 2(f) ......... Item 2(f)
Item 2(g) ......... Item 2(g)
Item 3(a)(1) ...... Item 3(a)
Item 3(a)(2) ...... Item 3(b)
Item 3(b) ......... *
Item 4 ............ *
Item 5 ............ Item 5
Item 6(a) ......... Item 4(a)
Item 6(b) ......... *
Item 6(c) ......... Item 4(b)
Item 6(d) ......... Item 4(c)
Item 7(a) ......... Item 5
Item 7(b) ......... *
Item 7(c) ......... *
Item 7(d) ......... *
Item 8 ............ *
Item 9 ............ *
Item 10(a) ........ Item 6(a)
Item 10(b) ........ Item 6(b)
Item 11 ........... Item 7
Item 12(a) ........ *
Item 12(b) ........ *
Item 13 ........... *
Item 14(a) ........ *
Item 14(b) ........ *
Item 15(a) ........ *
Item 15(b) ........ Item 8
Item 16 ........... Item 10(f)
Item 17 ........... Item 11
<FN>
* The item is located in the Schedule 13E-3 only.
</TABLE>
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ITEM 16. ADDITIONAL INFORMATION.
Item 16 is hereby amended and supplemented as follows:
The following information is furnished pursuant to Rule 13e-3(d)(3)
promulgated under the Exchange Act:
1. The Offer expired at 5:00 p.m., New York City time, on Tuesday, March
21, 1995.
2. Pursuant to the terms of the Offer, the Purchaser purchased all 216.65
Units tendered for the Cash Consideration.
3
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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: March 29, 1995
AQUARIUS ACQUISITION, L.P.
By: Partnership Acquisition Trust I, its
General Partner
By: WILMINGTON TRUST COMPANY,
as Trustee and not in its individual capacity
By: /s/ David A. Vanaskey, Jr.
--------------------------------
Name: David A. Vanaskey, Jr.
Title: Senior Financial Services Officer
NOMURA ASSET CAPITAL CORPORATION
By: /s/ Daniel S. Abrams
--------------------------------
Name: Daniel S. Abrams
Title: Vice President
WINTHROP FINANCIAL ASSOCIATES,
A LIMITED PARTNERSHIP
By: Linnaeus Associated Limited
Partnership, its General Partner
By: WL Realty Company, L.P.,
its General Partner
By: A.I. Realty Co., LCC,
its General Partner
By: /s/ Daniel S. Abrams
--------------------------------
Name: Daniel S. Abrams
Title: Principal
THREE WINTHROP PROPERTIES, INC.
By: /s/ Philip J. Brannigan, Jr.
--------------------------------
Name: Philip J. Brannigan, Jr.
Title: Vice President
4
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LINNAEUS-LEXINGTON ASSOCIATES
LIMITED PARTNERSHIP
By: Winthrop Financial Associates, its
authorized signatory
By: Linnaeus Associates
Limited Partnership,
its General Partner
By: WL Realty Company, L.P.,
its General Partner
By: A.I. Realty Co., LCC,
its General Partner
By: /s/ Daniel S. Abrams
-----------------------
Name: Daniel S. Abrams
Title: Principal
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EXHIBIT INDEX
<TABLE>
<CAPTION>
PAGE
EXHIBIT DESCRIPTION NUMBER
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<S> <C> <C>
* (a)(1) Form of Acquisition Loan Agreement between Nomura Asset Capital Corporation and the
Purchaser
* (a)(2) Form of Pledge and Security Agreement between Nomura Asset Capital Corporation and
the Purchaser
* (b)(1) Selected pages from Price Waterhouse LLP Appraisal
* (b)(2) Selected pages from Lipman Frizzell & Mitchell LLC Appraisal
* (b)(3) Arthur Andersen Appraisal dated August 13, 1992
* (c)(1) Greenbelt Residential Limited Partnership Consent Solicitation Statement dated
January 19, 1995
* (c)(2) Complaint to Enforce Contract in the case styled, Three Winthrop Properties, Inc. v.
Lerner Corporation, Case No. 129192-V (Cir. Ct. Montgomery Cty., Md.), dated Nov.
17, 1994
* (c)(3) Motion for Partial Summary Judgment in the case styled, Three Winthrop Properties,
Inc. v. Lerner Corporation, Case No. 129192-V (Cir. Ct. Montgomery Cty., Md.)
* (c)(4) Complaint For Money Damages, An Accounting And Other Relief in the case styled,
Theodore N. Lerner v. Three Winthrop Properties, Inc. (D. Md. 1994), filed Dec. 27,
1994
* (c)(5) Order Granting Motion for Partial Summary Judgment in the case styled Three Winthrop
Properties, Inc. v. Lerner Corporation, Case No. 129192-V (Cir. Ct. Montgomery Cty.,
Md.)
* (c)(6) Complaint for Breach of Fiduciary Duty in the case styled Montgomery, et al. v.
Three Winthrop Properties, Inc., Case No. 132222 (Cir. Ct. Montgomery Cty., Md.)
* (c)(7) Complaint for Failure to Disclose under Rule 13e-3 and Breach of Fiduciary Duty in
the case styled LER 8, et al. v. Three Winthrop Properties, Inc., et al., Case No.
DKC 95-555 (D. Md.).
* (c)(8) Motion of Greenbelt Residential Limited Partnership to Intervene in the case styled
LER 8, et al. vs. Three Winthrop Properties, Inc., et al., Case No. DKC 95-555 (D.
Md.).
*(c)(9) Letter from Greenbelt Residential Limited Partners to the Limited Partners dated
February 13, 1995.
*(c)(10) Letter from Greenbelt Residential Limited Partners to the Limited Partners dated
February 24, 1995.
* (d)(1) Offer to Purchase dated February 1, 1995
* (d)(2) Letter of Transmittal
* (d)(3) Letter to Limited Partners dated February 1, 1995
* (d)(4) Press Release dated February 1, 1995
*(d)(5) Letter to Limited Partners dated February 27, 1995.
*(d)(6) Press Release dated February 27, 1995.
*(d)(7) Supplement to the Offer to Purchase dated March 3, 1995
*(d)(8) Revised Letter of Transmittal
*(d)(9) Letter to Limited Partners dated March 3, 1995
*(d)(10) Press Release dated March 3, 1995
*(d)(11) Letter to Limited Partners dated March 10, 1995
*(d)(12) Letter to Limited Partners dated March 20, 1995
*(d)(13) Press Release dated March 20, 1995
</TABLE>
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* Previously filed.
