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MarketScreener Homepage  >  Equities  >  Nyse  >  Apartment Investment and Management Company    AIV

APARTMENT INVESTMENT AND MANAGEMENT COMPANY

(AIV)
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APARTMENT INVESTMENT & MANAGEMENT CO : Other Events, Financial Statements and Exhibits (form 8-K)

11/25/2020 | 04:33pm EST

ITEM 8.01. Other Events.

On November 25, 2020, Apartment Investment and Management Company ("Aimco") and AIMCO Properties, L.P. ("AIR OP") issued a press release announcing, among other things, that the Board of Directors of Aimco set the close of business on December 5, 2020 as the record date for the previously announced separation transaction to be effected through a pro rata distribution (the "REIT Distribution") of all of the outstanding shares of Class A common stock of Apartment Income REIT Corp. to Aimco's common stockholders. The REIT Distribution is expected to be completed prior to trading hours on December 15, 2020. The press release also announced that AIMCO-GP, Inc., the general partner of AIR OP, set the close of business on December 5, 2020 as the record date for the previously announced separation transaction to be effected through a pro rata distribution (the "OP Distribution") of all of the outstanding common limited partnership units of Aimco OP L.P. to holders of AIR OP common limited partnership units and AIR OP Class I High Performance partnership units. The OP Distribution is expected to be completed prior to trading hours on December 15, 2020.

A copy of the joint press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

ITEM 9.01. Financial Statements and Exhibits.

(d) The following exhibits are furnished with this report:



Exhibit
  No.       Description

99.1          Press Release, dated November 25, 2020

104         Cover Page Interactive Data File (embedded within the Inline XBRL
            document).

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