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Slide #77. J.D. Nichols and Brian F. Lavin — NTS Realty Holdings Limited Partnership
J.D. Nichols and Brian F. Lavin
NTS Realty Holdings Limited Partnership (NLP)
NTS Realty Holdings Limited Partnership announced today that it has entered into a definitive merger agreement with entities created and controlled by J.D. Nichols, the founder and Chairman of NTS, and Brian F. Lavin, the President and CEO of NTS. Upon consummation of the merger, all of the outstanding partnership units of NTS not owned by Messrs. Nichols and Lavin and their affiliates would convert into $7.50 per unit in cash.