SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: October 31, 2001
ARV ASSISTED LIVING, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware 0-26980 33-0160968
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
245 Fischer Avenue, D-1
Costa Mesa, CA 92626
(Address of Principal Executive Offices and Zip Code)
(714) 751-7400
(Registrant's telephone number, including area code)
Item 5. Other Events
ARV Assisted Living, Inc., the Managing General Partner of American
Retirement Villas Properties III, L.P. (the "Partnership"), announced on October
31, 2001 an amendment to the cash tender offer (the "Offer") that it commenced
through a wholly-owned limited partnership, ARVP Acquisition, L.P. ("ARVP"), on
October 18, 2001.The amendment to the Offer increases both the total number of
units that will be purchased and the purchase price per unit. ARVP is now
offering to purchase all of the limited partnership units of the Partnership for
a net cash purchase price of $400 per unit. The Offer, as amended, will expire
at 12:00 midnight (Eastern Time) on Thursday, November 15, 2001. The Offer, as
amended, is conditioned upon, among other things, there being validly tendered
and not withdrawn a number of units that will constitute at least 30% of the
outstanding units in the Partnership. The Offer is also conditioned upon the
receipt of the proceeds of the financing in accordance with the commitment
letter described in the amended Offer to Purchase.
The terms and conditions of the amended Offer are set forth in the Amendment
No.1 to Schedule TO, Amendment and Supplement to Offer to Purchase, and Letter
of Transmittal, filed with the Securities and Exchange Commission on October 31,
2001.
The press release relating to the forgoing is attached hereto as Exhibit 99.1
and incorporated herein by reference.
Item 7. Exhibits
(c) Exhibits.
Exhibit No. Description
99.1 Press Release dated October 31, 2001
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ARV ASSISTED LIVING, INC.
Date: November 1, 2001 By: /s/ Douglas Pasquale
-----------------------------
Name: Douglas Pasquale
Title: Chief Executive Officer
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EXHIBIT INDEX
Exhibit No. Description
99.1 Press Release dated October 31, 2001
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