-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ji0HZPRGyTTiqJ67Dda2MvQ0MZH44omLtBp/PzF5/CR3ZDIE7z15R8DiMgLIIZfU v/TbSYtSlArph2c0prsOog== 0001037037-97-000005.txt : 19970912 0001037037-97-000005.hdr.sgml : 19970912 ACCESSION NUMBER: 0001037037-97-000005 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970909 ITEM INFORMATION: FILED AS OF DATE: 19970910 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRIAD PARK LLC CENTRAL INDEX KEY: 0001037037 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 943264115 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-22343 FILM NUMBER: 97678566 BUSINESS ADDRESS: STREET 1: 3055 TRIAD DRIVE CITY: LIVERMORE STATE: CA ZIP: 94550 BUSINESS PHONE: 5104490606 MAIL ADDRESS: STREET 1: 3055 TRIAD DRIVE CITY: LIVERMORE STATE: CA ZIP: 94550 8-K 1 Exhibit 99(1) News From TRIAD PARK, LLC Contact: Stan Marquis 510 449-0606, ext. 6300 TRIAD PARK LLC BOARD RECOMMENDS ACCEPTING MERGER PROPOSAL LIVERMORE, Calif., September 9, 1997 -- The Advisory Board of Triad Park, LLC today announced it is recommending that the members of the company approve a merger proposal from TPL Acquisition, LLC under which all outstanding membership interests in Triad Park, LLC would be exchanged for cash. TPL Acquisition, LLC and the company have agreed that, subject to shareholder approval, TPL Acquisition, LLC will acquire all outstanding shares for $1.32 per share. TPL Acquisition, LLC, which is affiliated with Richard C. Blum & Associates of San Francisco, will merge into Triad Park, LLC and will become liable for all obligations of Triad Park, LLC. The acquisition is expected to be controlled by a recently formed real estate investment partnership known as Westmark RCBA Associates, L.P. The partnership is a joint venture of Los Angeles-based Westmark Realty Advisors L.L.C. (a wholly-owned subsidiary of CB Commercial Real Estate Group, Inc.) and San Francisco-based Richard C. Blum & Associates, L.P. Triad Park, LLC was created in February 1997 upon the acquisition of Triad Systems Corporation by Cooperative Computing, Inc., of Austin, Texas. Shareholders of Triad System Corporation received one Triad Park, LLC membership share for each share of Triad Systems Corporation common stock. Triad Park, LLC's assets consist of approximately 300 acres of property formerly owned by Triad Systems Corporation and the company's 220,000-square-foot headquarters facility. Triad Park, LLC also assumed approximately $20.7 million of indebtedness previously secured by the spun-off real estate and was formed to liquidate its real estate portfolio, with proceeds used to pay expenses (including taxes), repay secured debt and distribute any remaining proceeds to holders of Triad Park membership interests. -----END PRIVACY-ENHANCED MESSAGE-----