UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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) May 26, 1998
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Berkshire Realty Company, Inc.
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Delaware 1-10660 04-3086485
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(State or other jurisdiction of (Commission (IRS employer
incorporation or organization) file number) identification no.)
470 Atlantic Avenue, Boston, Massachusetts 02210
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(Address of principal executive offices) (Zip Code)
(617) 423-2233
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(Registrant's telephone number, including area code)
Item 5. Other Matters
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On May 26, 1998, Berkshire Realty Company, Inc. announced that it has
engaged Lazard Freres & Co. LLC as advisor and Lehman Brothers Inc. as
co-advisor to assist the Company in the exploration and evaluation of
strategic alternatives. These alternatives include the potential sale
or merger of the Company and the plan of liquidation that the Company
is required to submit to its shareholders on or before December 31,
1998. In connection with the retention of these advisors, the Company
also adopted and amended severance and retention programs designed to
encourage the continued employment of key personnel during the
exploration and evaluation of these alternatives.
Item 7. Financial Statements and Exhibits
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(a) Financial Statements of Business Acquired
Response: Not Applicable
(b) Pro Forma Financial Information
Response: Not Applicable
(c) Exhibits
99.1. Press Release dated May 26, 1998.
SIGNATURE
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, thereunto duly authorized.
Berkshire Realty Company, Inc.
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Registrant
BY: /s/ Marianne Pritchard
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Executive Vice President and
Chief Financial Officer of
Berkshire Realty Company, Inc.
DATE: May 26, 1998