================================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
---------------------------
SCHEDULE 13E-3
Rule 13e-3 Transaction Statement
(Pursuant to Section 13(e) of the Securities Exchange Act of 1934
and Rule 13e-3 (ss. 240.13e-3) thereunder)
Amendment No. 2
---------------------------
Krupp Realty Fund, Ltd. - III
(Name of Issuer)
---------------------------
KRF3 Acquisition Company, L.L.C.
KRF Company, L.L.C.
The Krupp Family Limited Partnership - 94
(Name of Person(s) Filing Statement)
---------------------------
Limited Partnership Units
(Title of Class of Securities)
---------------------------
501128 10 2
(CUSIP Number of Class of Securities)
---------------------------
Scott D. Spelfogel, Esq.
The Berkshire Group
One Beacon Street
Boston, Massachusetts 02108
(617) 574-8385
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications on Behalf of Person(s) Filing Statement)
---------------------------
With copies to:
James M. Dubin, Esq.
Paul, Weiss, Rifkind, Wharton & Garrison
1285 Avenue of the Americas
New York, New York 10019-6064
(212) 373-3000
This statement is filed in connection with (check appropriate box):
a. [ ] The filing of solicitation materials or an information statement subject
to Regulation 14C or Rule 13e-3(c) under the Securities Exchange Act of
1934.
b. [ ] The filing of a registration statement under the Securities Act of 1933.
c. [X] A tender offer.
d. [ ] None of the above.
Check the following box if the soliciting materials or information statement
referred to in checking box (a) are preliminary copies: [ ]
---------------------------
CALCULATION OF FILING FEE
Transaction Valuation: $13,750,000 Amount of filing fee: $2750.00
o Transaction valuation assumes the purchase of 25,000 units Krupp Realty
Fund, Ltd. - III. at $550 in cash per Unit. The amount of the filing
fee, calculated in accordance with Regulation 240.0-11 of the
Securities Exchange Act of 1934, equals one fiftieth of one percentum
of such transaction value.
[X] Check box if any part of the fee is offset by Rule 0-11(a)(2) and
identify the filing with which the offsetting fee was previously paid.
Identify the previous filing by either a registration statement number,
or the Form or Schedule and the date of its filing.
Amount Previously Paid: $2750.00
Filing Parties: KRF3 Acquisition Company, L.L.C., KRF Company, L.L.C. and The
Krupp Family Limited Partnership-94
Form or Registration No.: Schedule 14D-1
Date Filed: May 14, 1999
================================================================================
This Amendment No. 2, dated May 28, 1999 (the "Amendment"), to the Rule
13E-3 Transaction Statement originally filed with the Securities and Exchange
Commission on May 14, 1999 and amended by Amendment No. 1 thereto dated May 20,
1999, attaches additional solicitation materials sent to holders of Units (as
defined below) ("Unitholders") in connection with the Offer.
This Amendment and the Rule 13E-3 Transaction Statement originally
filed with the Securities and Exchange Commission on May 14, 1999 and amended by
Amendment No. 1 thereto dated May 20, 1999, relate to a tender offer by the
Purchaser, to purchase any and all outstanding investor limited partnership
interests (the "Units") of Krupp Realty Fund, Ltd. - III, a limited partnership
organized under the laws of Massachusetts, for $550 per Unit, in cash, less the
aggregate amount of distributions per Unit, if any made after May 14, 1999,
without interest, upon the terms and subject to the conditions set forth in the
Offer to Purchase and the Supplement to the Offer to Purchase, each dated as of
May 14, 1999, and in the related Agreement of Assignment and Transfer (which
together constitute the "Offer").
2
Item 17. Material to be Filed as Exhibits.
Item 17 of the Rule 13E-3 Transaction Statement is hereby amended and
supplemented by adding the following exhibits thereto:
Exhibit No. Description
- ----------- -----------
(d)(8) Solicitation material sent to certain Unitholders
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this Amendment is true, complete and correct.
Dated as of: May 28, 1999
KRF3 Acquisition Company, L.L.C.
By: KRF Company, L.L.C.,
its sole member
By: The Krupp Family Limited
Partnership - 94,
its sole member
By: /s/ Douglas Krupp
-----------------
Name: Douglas Krupp
Title: General Partner
KRF Company, L.L.C.
By: The Krupp Family Limited
Partnership - 94,
its sole member
By: /s/ Douglas Krupp
-----------------
Name: Douglas Krupp
Title: General Partner
The Krupp Family Limited Partnership - 94
By: /s/ Douglas Krupp
-----------------
Name: Douglas Krupp
Title: General Partner
EXHIBIT INDEX
Exhibit No. Description
(d)(8) Solicitation material sent to certain Unitholders