Third Party Tender OfferThird Party Tender Offer • December 14th, 2020 • Divall Insured Income Properties 2 Limited Partnership • Real estate
On or about November 9, 2020, CMG Partners, LLC and its affiliates (collectively, the “Bidder”) distributed an Agreement of Assignment and Transfer to limited partners (“Limited Partners”) of DiVall Insured Income Properties 2, L.P. (the “Partnership”), for the purpose of making a third-party tender offer to purchase up to 4.0% of the outstanding limited partnership units of the Partnership (“Units”), at a purchase price equal to $205 per Unit, less transfer fees of $50 per investor and less any distributions paid by the Partnership on or after November 9, 2020 (the “Offer”). A copy of the Offer was first delivered to the Partnership on December 3, 2020. Because the Offer seeks less than 4.9% of the outstanding Units, the Bidder did not file a Schedule TO with the Securities and Exchange Commission (“SEC”).
