Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - CNL LIFESTYLE PROPERTIES INC | d296696d8k.htm |
| EX-99.3 - QUESTIONS & ANSWERS REGARDING THE CMG PARTNERS MINI-TENDER OFFER - CNL LIFESTYLE PROPERTIES INC | d296696dex993.htm |
| EX-99.2 - LETTER TO SHAREHOLDERS DATED FEBRUARY 6, 2012 - CNL LIFESTYLE PROPERTIES INC | d296696dex992.htm |
Exhibit 99.1
WE RECOMMEND THAT YOU REJECT ANY UNSOLICITED MINI-TENDER OFFERS TO SELL YOUR CNL LIFESTYLE PROPERTIES SHARES. CNL Lifestyle Properties is not affiliated with any third-party offers to buy your shares.
TO REJECT AN OFFER, SIMPLY DO NOT RESPOND TO ANY MATERIALS SENT TO YOU.
THE SEC WARNS AGAINST MINI-TENDER OFFERS
| • | Mini-tender offers can be a costly nuisance to public companies and often openly state in the fine print that they want to purchase shares at a discount to make a substantial profit—at the expense of shareholders. |
| • | Most offers are below market prices hoping to catch investors off guard. Additionally, companies making mini-tender offers may have inadequate financing. |
| • | Shareholders will no longer receive distributions. Most mini-tenders do not allow investors to change their mind after surrendering shares. |
| • | Third-party mini-tender offers are not the same as company-sponsored tender offers to create shareholder liquidity, such as our redemption plan. |
| • | We urge you to visit the SEC’s website for more information on mini-tender offers http://www.sec.gov/investor/pubs/minitend.htm |
