Cahill represented the joint book-running managers in connection with the Public Offering of $600,000,000 aggregate principal amount of 5.75% Senior Notes due 2023 by Lender Processing Services, Inc., a provider of appraisal management, collateral assessments, title agency, loan closing and flood determination services to the real estate lending industry. Proceeds from the offering will be used to re finance existing indebtedness.
Tags: Cahill Gordon & Reindel LLP | New YorkCahill represented J.P. Morgan and Deutsche Bank Securities as joint book-running managers and SunTrust Robinson Humphrey as co-manager in connection with the Rule 144A/Reg S offering of $290,000,000 aggregate principal amount of 6.375% Senior Notes due 2021 by LIN Television Corp., a wholly-owned subsidiary of multimedia company, LIN TV Corp. Proceeds from the offering will be used to acquire certain assets of New Vision Television.
Tags: Cahill Gordon & Reindel LLP | New York
Watson, Farley & Williams (“WFW”) is pleased to announce that it has appointed Jay Printz as a partner in its London office.
Tags: Watson Farley & Williams LLP
Skadden served as lead counsel to Sprint Nextel Corp. in its $20.1 billion sale of a 70 percent stake in the company to Japan’s Softbank, announced on October 15.
Tags: Skadden, Arps, Slate, Meagher & Flom LLPSkadden represented Realogy Holdings Corp. in its $1.2 billion initial public offering, which is the third-largest U.S. IPO to date this year.
Tags: Skadden, Arps, Slate, Meagher & Flom LLP
Akin Gump Strauss Hauer & Feld LLP is pleased to announce that a seven-partner team will be joining the firm’s Dallas office. Soon to join the firm’s corporate practice are Tom Yang, Garrett DeVries and Matt Zmigrosky, who will continue their focus on strategic mergers and acquisitions, capital markets and securities, including private equity transactions. Soon to join the firm’s litigation practice are Marty Brimmage Jr., Mike Warnecke, Arnold Spencer and Sarah Teachout, who will continue their focus on white collar, government investigations, antitrust, false claims matters, bankruptcy litigation and commercial litigation. All seven are partners in the Dallas office of Haynes and Boone, LLP.
Tags: Akin Gump Strauss Hauer & Feld LLP | Dallas
Smart & Final Holdings Corp., a leading multi-format retailer, today announced that Ares Management LLC, a global alternative asset manager and registered investment adviser, has signed a definitive agreement to acquire a majority stake in the company with senior management retaining a minority stake. Smart & Final is currently majority-owned and controlled by investment funds affiliated with global alternative asset manager Apollo Global Management, LLC. The total enterprise value for the transaction is $975 million, subject to certain closing conditions.
Tags: Morgan, Lewis & Bockius LLP | New YorkChadbourne & Parke LLP represented the issuer and a group of selling shareholders in a $285 million global offering of ordinary shares of Promotora y Operadora de Infraestructura, S.A.B. de C.V. (“Pinfra”), one of Mexico’s largest owners and operators of concessions of infrastructure projects. The transaction closed on October 10.
Tags: New York
Global law firm White & Case LLP has represented JSC “Verny Capital” in the sale of a 18.91 percent stake in Kazzinc, the Kazakhstan zinc producer, to commodities trader Glencore International for 176.74 million new ordinary shares in Glencore and US$400m cash. The deal closed today.
Tags: White & Case LLPGlobal law firm White & Case secured a complete victory for Par Pharmaceutical Companies, Inc. and Paddock Laboratories, Inc. when the United States District Court for the Northern District of Georgia dismissed the final set of antitrust claims brought by purchasers of AndroGel®, a testosterone replacement drug. The purchasers had claimed that the pharmaceutical company defendants had violated the antitrust laws by initiating, then settling, sham patent infringement litigation in order to delay the entry of generic competition to AndroGel®. White & Case partner Eric Grannon, co-lead counsel for Par and Paddock, notes that the victory “not only saved our clients lots of money, [but] drove home the theme that it is the record of the underlying case that matters.”
Tags: White & Case LLP