1
 Property Capital Trust said 
5002
attribution

2
it dropped its plan 
5002
span

3
to liquidate 
2
elaboration-object-attribute-e

4
because it wasn't able to realize the value
5003
span

5
 it had expected.
4
elaboration-object-attribute

6
 It said 
5005
attribution

7
it will buy back two million shares, or 18.4%, of the total outstanding,
5005
List

8
 and continue operations 
5006
span

9
buying and managing real estate.
8
elaboration-object-attribute-e

10
 Property Capital,
5007
span

11
 which is based in Boston, 
10
elaboration-object-attribute-e

12
had told shareholders 
5009
span

13
it expected to distribute at least $21 a share, or $229 million, in a liquidation,
5010
span

14
 based on an expected asset sale price of $290 million or more.
13
elaboration-additional

15
 The company said 
5012
attribution

16
it didn't receive an offer 
5012
span

17
it wanted to accept.
16
elaboration-object-attribute-e

18
 As a result of dropping the liquidation plan,
5017
consequence-n

19
 shareholders will have to treat dividends 
5016
span

20
received this year 
19
elaboration-object-attribute-e

21
as ordinary income or capital gains rather than as tax free returns of capital, 
5017
Same-Unit

22
the company said.
5015
attribution

23
 The share repurchase will be funded mostly from borrowings.
5020
elaboration-additional

5001
span
5013
span

5002
span
5001
span

5003
span
5002
consequence-n

5004
span
5001
elaboration-additional

5005
multinuc
5004
span

5006
span
5005
List

5007
span
5008
Same-Unit

5008
multinuc
5013
circumstance

5009
span
5008
Same-Unit

5010
span
12
elaboration-additional

5011
span
5014
elaboration-additional

5012
span
5011
span

5013
span
5014
span

5014
span
5019
span

5015
span
5018
span

5016
span
5017
Same-Unit

5017
multinuc
5015
span

5018
span
5019
elaboration-additional

5019
span
5020
span

5020
span
5021
span

5021
span



