UNITED STATES
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): March 27, 2015
AVIV REIT, INC.
AVIV
HEALTHCARE PROPERTIES LIMITED PARTNERSHIP
(Exact Name of Registrant as Specified in Charter)
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Maryland (Aviv REIT, Inc.)
Delaware (Aviv Healthcare Properties Limited Partnership) |
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001-35841 (Aviv REIT, Inc.)
333-173824 (Aviv Healthcare Properties Limited Partnership) |
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27-3200673 (Aviv REIT, Inc.)
35-2249166 (Aviv Healthcare Properties Limited Partnership) |
(State or Other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
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303 W. Madison Street, Suite 2400
Chicago, Illinois |
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60606 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Registrants telephone number, including area code: (312) 855-0930
N/A
(Former Name or
Former Address, if Changed Since Last Report)
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.07. Submission of Matters to a Vote of Security Holders.
A special meeting of stockholders of Aviv REIT, Inc., a Maryland corporation (the Company), was held on March 27, 2015 in Chicago, Illinois
(the Special Meeting) to vote on the proposals set forth in the Companys proxy statement dated February 17, 2015 and first mailed to the Companys stockholders on or about February 25, 2015. A total of 42,881,812
shares of the Companys common stock, out of a total of 48,479,146 outstanding shares of common stock entitled to vote as of February 12, 2015 (the Record Date), were present in person or represented by proxy at the Special
Meeting, which constituted a quorum. A summary of the voting results for the proposals is set forth below.
Proposal to Approve the Merger
At the Special Meeting, the Companys stockholders voted upon and approved a proposal to approve the merger and the other transactions
contemplated by the Agreement and Plan of Merger, dated as of October 30, 2014, by and among Omega Healthcare Investors, Inc., OHI Healthcare Properties Holdco, Inc., OHI Healthcare Properties Limited Partnership, L.P., the Company and Aviv
Healthcare Limited Partnership (the Merger Agreement). Approximately 87.71% of the outstanding shares of the Companys common stock as of the Record Date were voted in favor of the proposal. The votes on this proposal were as
follows:
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Votes For |
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Votes
Against |
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Votes
Abstained |
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Broker
Non-Votes |
42,523,477 |
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12,071 |
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346,264 |
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N/A |
Proposal to Approve, on an Advisory Basis, Merger-Related Compensation Arrangements of the Companys Named Executive
Officers
At the Special Meeting, the Companys stockholders also voted upon and approved, on a non-binding, advisory basis, a proposal to approve
certain compensation arrangements for the Companys named executive officers in connection with the transactions contemplated by the Merger Agreement. Approximately 99.75% of the votes cast on such proposal were voted in favor of the proposal.
The votes on this proposal were as follows:
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Votes For |
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Votes
Against |
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Votes
Abstained |
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Broker
Non-Votes |
42,426,963 |
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105,526 |
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349,323 |
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N/A |
Item 8.01. Other Events.
On March 27, 2015, the Company issued a press release announcing that the merger and the transactions contemplated by the Merger Agreement had been
approved by the Companys stockholders. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
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Item 9.01. Financial Statements and Exhibits.
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Exhibit Number |
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Description |
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99.1 |
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Press Release of Aviv REIT, Inc. dated March 27, 2015 Announcing Results of Special Meeting of Stockholders |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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Date: March 27, 2015 |
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AVIV REIT, INC. |
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By: |
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/s/ Samuel H. Kovitz |
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Name: |
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Samuel H. Kovitz |
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Title: |
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Executive Vice President, General Counsel and Secretary |
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Date: March 27, 2015 |
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AVIV HEALTHCARE PROPERTIES LIMITED
PARTNERSHIP |
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By: Aviv REIT, Inc., its general partner |
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By: |
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/s/ Samuel H. Kovitz |
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Name: |
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Samuel H. Kovitz |
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Title: |
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Executive Vice President, General Counsel and Secretary |
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Exhibit Index
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Exhibit Number |
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Description |
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99.1 |
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Press Release of Aviv REIT, Inc. dated March 27, 2015 Announcing Results of Special Meeting of Stockholders |
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Exhibit 99.1
PRESS RELEASE FOR IMMEDIATE RELEASE AVIV STOCKHOLDERS APPROVE ACQUISITION BY OMEGA HEALTHCARE
INVESTORS, INC.
CHICAGO March 27, 2015 Aviv REIT, Inc. (Aviv) (NYSE: AVIV) announced today that at its special
meeting held earlier today, its stockholders voted to approve its previously announced merger with and into a wholly owned subsidiary of Omega Healthcare Investors, Inc. (Omega) (NYSE: OHI). Aviv has been advised that, at a separate
special meeting held earlier today, Omega stockholders also voted to approve the issuance of shares of Omega common stock to Aviv stockholders in connection with the merger and the proposal to amend Omegas charter to increase the number of
shares of Omega common stock authorized for issuance.
The transaction is expected to close on or about April 1, 2015, subject to satisfaction of all
remaining closing conditions. Assuming completion of the merger, Aviv stockholders will receive a fixed exchange ratio of 0.90 Omega shares for each share of Aviv common stock they own.
About Aviv
Aviv REIT, Inc., based in Chicago, is a real
estate investment trust that specializes in owning post-acute and long-term care SNFs and other healthcare properties. Aviv is one of the largest owners of SNFs in the United States and has been in the business for over 30 years. Aviv currently owns
357 properties that are triple-net leased to 37 operators in 31 states.
For more information about Aviv, please visit our website at www.avivreit.com or
contact: Craig M. Bernfield, Chairman & Chief Executive Officer at 312-855-0930.
Forward-Looking Statements
The information presented herein includes forward-looking statements. Statements regarding future events and developments are forward-looking statements.
Actual results may differ materially from those reflected in such forward-looking statements as a result of a variety of factors, including, among other things: (i) the ability of the parties to close the proposed transaction; (ii) risks
relating to the integration of Avivs operations and employees into Omega and the possibility that the anticipated synergies and other benefits of the proposed acquisition will not be realized or will not be realized within the expected
timeframe; (iii) the outcome of any legal proceedings related to the proposed transaction; and (iv) other factors identified in Avivs and Omegas filings with the SEC. Except as required by law, we do not undertake any
responsibility to release publicly any revisions to these forward-looking statements to take into account events or circumstances that occur after the date as of which such statements are made or to update you on the occurrence of any unanticipated
events which may cause actual results to differ from those expressed or implied by the forward-looking statements contained herein.
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