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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 (Date of earliest event reported)
January 1, 1998
CORPORATE PROPERTY ASSOCIATES
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(Exact name of registrant as specified in its charter)
CALIFORNIA 0-9174 94-2572215
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(State of Organization) (Commission File No.) (IRS Employer
Identification Number)
50 Rockefeller Plaza, 2nd Floor
New York, NY 10020
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(Address of principal executive offices)
(212) 492-1100
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
CORPORATE PROPERTY ASSOCIATES SERIES OF LIMITED PARTNERSHIPS ANNOUNCE COMPLETION
OF $750 MILLION TAX FREE CONSOLIDATION
On October 22, 1997, W.P. Carey and Co., Inc. began soliciting
approval from the investors in nine public limited partnerships in the Corporate
Property Associated series of limited partnerships (CPA(R)1-9) for the
consolidation by merger of CPA(R) 1-9 into a publicly traded Delaware limited
liability company (LLC), called Carey Diversified LLC (the "Consolidation"). On
December 17, 1997, W.P. Carey & Co., Inc. announced that investors of CPA(R) 1-9
overwhelmingly approved the Consolidation, resulting in an asset base of
approximately $750 million. The Consolidation became effective January 1, 1998.
Carey Diversified will begin trading on the New Stock Exchange (NYSE) under the
symbol "CDC" on January 21.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(C) EXHIBITS
The following exhibit is filed as part of this Current Report on Form
8-K:
EX-99.1 Press Release From W.P. Carey & Co., Inc. (December 17, 1997).
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
CORPORATE PROPERTY ASSOCIATES
By Carey Diversified LLC, its General Partner
By: CAREY MANAGEMENT LLC, MANAGER
/s/ Steven M. Berzin
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Steven M. Berzin
Executive Vice President
Date: January 15, 1998
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EXHIBITS
Exhibit Number and Description
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EX-99.1 Press Release From W.P. Carey & Co., Inc.
(December 17, 1997)