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HALLWOOD REALTY PARTNERS, L.P. ANNOUNCES COMPLETION OF COMMISSION-FREE OFFER AND SECOND QUARTER 1995 FINANCIAL INFORMATION
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PR Newswire
- Article date:
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July 21, 1995
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Copyright informationCOPYRIGHT 1995 PR Newswire Association, Inc. 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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DALLAS, July 21 /PRNewswire/ -- Hallwood Realty Partners, L.P. (AMEX: HRY) announced today that about 293,000 Units were acquired from over 16,600 Unitholders who responded to the Partnership's recent commission-free offer to purchase the holdings of Unitholders owning less than 100 Units of the Partnership. As planned, the Partnership is reselling the acquired Units to The Hallwood Group Incorporated, an affiliate of the Partnership, for the amount that the Partnership paid for the Units, approximately $4,100,000.
The Partnership also announced today its financial results for the quarter ended June 30, 1995. The Partnership had a net loss of $2,654,000 ($1.50 per Unit) for ...
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