CPA^®:14 / CPA^®:16 - Global MERGER CLOSED ON MAY 2
The merger of CPA^®:14 with and into a subsidiary of CPA^®:16 – Global closed on May 2, 2011. The transaction represents the thirteenth successful liquidation of a W. P. Carey fund since 1998.

The total merger consideration for CPA^®:14 investors was $11.50 per share, providing original investors with an average annual return at liquidation of 8.96%. Under the terms of the merger, CPA^®:14 shareholders of record on the applicable record date were given the choice to receive either $10.50 in cash or 1.1932 shares of CPA^®:16 – Global common stock as merger consideration. All shareholders of CPA^®:14 at the time of the merger received a special cash distribution of $1.00 per share of CPA^®:14 common stock owned at the time of the merger, which was paid on May 9. Please read the press release for additional details or visit our CPA^®:14/CPA^®:16 - Global Merger Information page.