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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 14D-9
AMENDMENT NO. 2
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SOLICITATION/RECOMMENDATION STATEMENT
UNDER SECTION 14(d)(4)
OF THE SECURITIES EXCHANGE ACT OF 1934
AMERICAN RETIREMENT VILLAS PROPERTIES III, L.P.
(Name of Subject Company)
AMERICAN RETIREMENT VILLAS PROPERTIES III, L.P.
(Name of Persons Filing Statement)
LIMITED PARTNERSHIP INTERESTS
(Title of Class of Securities)
029317203
(CUSIP Number of Class of Securities)
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DOUGLAS M. PASQUALE
CHIEF EXECUTIVE OFFICER
ARV ASSISTED LIVING, INC.
245 FISCHER AVENUE, D-1
COSTA MESA, CA 92626
(714) 751-7400
(Name, address and telephone number of person authorized to receive notices and
communications
on behalf of the persons filing statement)
WITH A COPY TO:
GARY J. SINGER, ESQ.
O'MELVENY & MYERS LLP
610 NEWPORT CENTER DRIVE
SUITE 1700
NEWPORT BEACH, CA 92660
(949) 823-6915
[ ] Check the box if the filing relates solely to preliminary communications
made before the commencement of a tender offer.
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EXPLANATORY NOTE
American Retirement Villas Properties III, L.P., a California limited
partnership (the "Partnership"), hereby amends and supplements its
Solicitation/Recommendation Statement on Schedule 14D-9, filed with the
Securities and Exchange Commission (the "Commission") on October 18, 2001, as
amended and supplemented on October 31, 2001 (the "Statement"). Capitalized
terms used herein have the meanings assigned thereto in the Statement.
ITEM 9. EXHIBITS
The following exhibit is filed herewith:
<Table>
<Caption>
EXHIBIT
NUMBER DESCRIPTION
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(a)(5)(D) Letter to Unitholders, dated November 19, 2001.
</Table>
1
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this Statement is true, complete and correct.
AMERICAN RETIREMENT VILLAS
PROPERTIES III, L.P.
By: ARV Assisted Living, Inc., the
General Partner
/s/ DOUGLAS M. PASQUALE
Name: Douglas M. Pasquale
Title: Chairman and Chief Executive
Officer
Dated: November 20, 2001
2
EXHIBIT INDEX
<Table>
<Caption>
EXHIBIT
NUMBER DESCRIPTION
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(a)(5)(D) Letter to Unitholders, dated November 19, 2001.
</Table>