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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
(Amendment No. 6)
(Final Amendment)
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AETNA REAL ESTATE ASSOCIATES, L.P.
(Name of Subject Company)
ACORN HILL PARTNERS L.L.C.
(Bidder)
LIMITED PARTNERSHIP DEPOSITARY UNITS
(Title of Class
of Securities)
008171 10 0
(CUSIP Number of Class
of Securities)
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W. Edward Scheetz
Acorn Hill Partners L.L.C.
1301 Avenue of the Americas, 38th Floor
New York, NY 10019
Copy to:
Peter M. Fass
Steven L. Lichtenfeld
Battle Fowler LLP
75 East 55th Street
New York, NY 10022
(212) 856-7000
(Name, Address and Telephone Number of
Person Authorized to Receive Notices and
Communications on Behalf of Bidder)
(Continued on following pages)
(Page 1 of 4 pages)
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Cusip No.: 008171 10 0 14D-1 Page 2 of 4
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1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
ACORN HILL PARTNERS L.L.C.
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2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) [ ]
(b) [ ]
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3. SEC Use Only
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4. Sources of Funds (See Instructions)
AF; WC
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5. Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Item 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
390,131 Limited Partnership Depositary Units
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8. Check Box if the Aggregate Amount in Row (7) Excludes
Certain Shares (See Instructions)
[ ]
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9. Percent of Class Represented by Amount in Row (7)
3.0%
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10. Type of Reporting Person (See Instructions)
OO
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AMENDMENT NO. 6 TO SCHEDULE 14D-1
This Amendment No. 6 (Final Amendment) amends the Tender Offer
Statement on Schedule 14D-1 filed by Acorn Hill Partners L.L.C., a Delaware
limited liability company (the "Purchaser"), with the Securities and Exchange
Commission on October 30, 1996, as amended by Amendment No. 1 dated November
12, 1996, Amendment No. 2 dated November 29, 1996, Amendment No. 3 dated
December 2, 1996, Amendment No. 4 dated December 3, 1996 and Amendment No. 5
dated December 9, 1996, relating to the tender offer by the Purchaser to
purchase up to 3,176,136 of the issued and outstanding Limited Partnership
Depositary Units ("Units") of Aetna Real Estate Associates, L.P., a Delaware
limited partnership (the "Partnership"), to include the information set forth
below. Terms not otherwise defined herein shall have the meaning ascribed to
them in the Schedule 14D-1 and the Offer to Purchase.
ITEM 4. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Item 4(a) is hereby supplemented and amended as follows:
The total amount of funds required by the Purchaser to purchase
390,131 Units accepted for payment pursuant to the Offer, excluding related
fees and expenses, is $4,213,414.80. The Purchaser obtained such funds from
capital contributions from its members.
ITEM 6. INTEREST IN SECURITIES OF THE SUBJECT COMPANY.
Item 6(a)-(b) is hereby supplemented and amended as follows:
The Offer expired at 12:00 Midnight, New York City time, on Monday,
December 23, 1996. Based on information provided by the Information
Agent/Depositary to the Purchaser, pursuant to the Offer, as of 12:00 Midnight,
New York City time, on Monday, December 23, 1996, the Purchaser accepted for
payment 390,131 Units, constituting approximately 3.0% of the outstanding
Units.
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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.
Dated: December 24, 1996
ACORN HILL PARTNERS L.L.C.
By: AP-GP Prom Partners Inc., its
managing member
By: /s/ Richard Mack
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Name: Richard Mack
Title: Vice President
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