SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 23, 2005
HEARTLAND PARTNERS, L.P.
(Exact Name of Registrant as Specified in Charter)
DELAWARE 1-10520 36-3606475
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation or Organization) File Number) Identification No.)
330 N. JEFFERSON COURT, CHICAGO, ILLINOIS 60661
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (312) 575-0400
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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Section 2 - Financial Information
ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.
On March 24, 2005, Heartland Partners, L.P. (the "Company") issued a press
release announcing that, on March 23, 2005, it closed the sale of 1.2 acres of
land in its Kinzie Station project in Chicago, Illinois for $4.2 million in cash
proceeds. The buyer, 325 Union LLC, an affiliate of RDM-Alko, plans to develop
condominiums on the site. The Company intends to hold the net proceeds of the
sale as working capital in light of pending environmental claims and litigation
in Montana and Minnesota.
Section 9 - Financial Statements and Exhibits
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
EXHIBIT DESCRIPTION
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99.1 Press Release of Heartland Partners, L.P. dated March 24,
2005 (filed herewith).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HEARTLAND PARTNERS, L.P.
Date: March 24, 2005 By: /s/ Lawrence S. Adelson
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Lawrence S. Adelson
Manager of HTI Interests, LLC,
General Partner
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EXHIBIT INDEX
EXHIBIT DESCRIPTION
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99.1 Press Release of Heartland Partners, L.P. dated March 24,
2005(filed herewith).
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