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Article: Heartland Partners Announces Results For 3rd Quarter, 9 Months.
- Article from:
- PR Newswire
- Article date:
- November 14, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Partnership Also Updates Unitholders On Status Of Property Transactions
Heartland Partners, L.P. today announced the master limited partnership's financial results for the third quarter and nine months ended September 30, 2002, and provided an update on the status of several pending property transactions.
The company reported a third-quarter net loss allocated to Class A Limited Partners of $712,000, or 34 cents per Class A unit, compared with net income of $25,000, or 1 cent per Class A unit, a year earlier. For the nine-month period, operations resulted in a net loss of $1.7 million, or 80 cents per unit, compared with net income of $5.5 million, or ...