Third Party Tender Offer Ladies and Gentlemen:Repurchase Agreement • August 31st, 2011 • Divall Insured Income Properties 2 Limited Partnership • Real estate
On or about August 22, 2011, Peachtree Partners and its affiliates (collectively, the “Bidder”) mailed a Repurchase Agreement to limited partners (“Limited Partners”) of DiVall Insured Income Properties 2, L.P. (the “Partnership”), for the purposes of making a third-party tender offer for up to 4.9% (2,268 Units) of the Partnership, including those already owned by the Bidder, at a purchase price equal to $215 per Unit less transfer fees of $175 per investor and less any distributions paid after August 22, 2011 (the “Offer”). Due to the Offer constituting only 4.9% of units in the Partnership, the Bidder did not file a Schedule TO with the Securities and Exchange Commission (“SEC”).
