Simpson Thacher Represents Underwriters in Initial Public Offering by Demand Media

Simpson Thacher represented the underwriters, led by Goldman, Sachs & Co. and Morgan Stanley & Co. Incorporated in connection with the underwriting of the initial public offering of 10,235,000 shares of common stock of Demand Media, Inc., which includes the shares that were sold pursuant to the over-allotment option exercised by the underwriters, resulting in aggregate gross proceeds of $174 million.  The Demand Media offering represents the largest initial public offering by an internet company since Google went public in 2004.  Demand Media, Inc. is a leader in a new Internet-based model for the professional creation of high-quality, commercially viable content at scale.  Demand Media’s shares are listed on the New York Stock Exchange under the symbol “DMD.” 

The Simpson Thacher team for this offering included, among others, Kevin Kennedy, Ryan Nolan and Ryan Coombs (Corporate); Jennie Getsin (FINRA and Blue Sky); Jeffrey Ostrow and Keren Siman-Tov (Intellectual Property); and Katharine Moir and Dan Foster (Tax).  Paralegal Angela Harms also provided valuable assistance.