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Public Limited Partnership

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Public limited partnership
A limited partnership with an unlimited number of partners that is registered with the SEC and is available for public trading by broker/dealers.

Public Limited Partnership
A limited partnership with no limit on the number of partners allowed. A public limited partnership is registered with the SEC and is available to be traded through brokers and/or dealers. A public limited partnership combines some of the characteristics of a limited partnership and a publicly-traded company.


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Many family limited partnership agreements contain more transfer restrictions than the agreements of the public limited partnerships or REITs against which they are often compared, or they have inferior assets and management performance.
Certain of the Purchasers and their affiliates have previously provided to an affiliate of the Partnership such a legal opinion and indemnity in connection with a prior tender offer for an affiliated public limited partnership seeking less than 5% of that partnership's units made by those persons.
The 35% minority interest discount for a "typical" public limited partnership is only a rough estimate and could be refined with a separate analysis.
 
 
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