Shelbourne Properties III, Inc. Announces Last Trading Day to Be April 22, 2004
March 31 2004 - 6:42PM
PR Newswire (US)
Shelbourne Properties III, Inc. Announces Last Trading Day to Be
April 22, 2004 BOSTON, March 31 /PRNewswire-FirstCall/ --
Shelbourne Properties III, Inc. today announced that it intends to
enter into a liquidating trust agreement (the "Trust Agreement"),
on or about April 23, 2004 for the purpose of winding up affairs
and liquidating its assets and that the last day of trading for the
Company's common stock on the American Stock Exchange will be April
22, 2004. Shelbourne previously announced that it would be entering
into the Trust Agreement on or about April 16, 2004 and that the
last day of trading would be April 15, 2003. You should also read
the risk factors that are discussed on periodic reports filed with
the Securities and Exchange Commission, including the risk factors
that are contained in our Form 10-K for the year ended December 31,
2003. You should be aware that the risk factors contained in that
Form 10-K may not be exhaustive. Therefore, we recommend that you
read the information in that Form 10-K together with other reports
and documents that we file with the SEC from time to time,
including our Forms l0-Q and 8-K, which may supplement, modify,
supersede or update those risk factors. The Company assumes no
obligation to update the forward-looking statements included in
this press release. Further questions with respect to the foregoing
may be addressed to Carolyn Tiffany at (617) 570-4600. DATASOURCE:
Shelbourne Properties III, Inc. CONTACT:Carolyn Tiffany, Chief
Operating Officer of Shelbourne Properties III, Inc.,
+1-617-570-4600
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