On December 16, 2013, KKR & Co. L.P. (“KKR”) and KKR Financial Holdings LLC (“KFN”) announced the signing of a definitive merger agreement under which KKR will acquire KFN through a stock‑for‑stock merger that values KFN at US$2.6 billion. Cravath represented the independent directors of KKR in connection with this transaction. The transaction is subject to approval by KFN’s shareholders, as well as customary regulatory approvals and other customary closing conditions. Upon closing of the transaction, which is expected in the first half of 2014, KFN will become a subsidiary of KKR.

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Debevoise & Plimpton LLP today announced that Tony Dymond will join the firm as the sixth litigation partner in the firm’s London office. Mr. Dymond will join from Herbert Smith Freehills LLP, where he was co-head of the firm’s Seoul office.

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Edwards Wildman represented Boston Dynamics, an MIT robotics spinoff which the firm has advised for two decades, in its acquisition by Google, Inc. on December 10, 2013. Boston Dynamics is renowned for designing legged machines that balance and walk on legs.

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Attorneys Robert Glass, Philip Hixon, Jared Nelson, Meagen Burrows, Susan Jordan and LeAnn Ellis will be joining the GableGotwals team effective January 1, 2014. Accompanying the attorneys will be their team of five professionals.

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Simpson Thacher represented APX Group, Inc. (“Vivint”), a Blackstone portfolio company, in connection with its Rule 144A and Regulation S offering of $250 million aggregate principal amount of its 8.75% Senior Notes due 2020. The notes were issued as additional 8.75% Senior Notes due 2020 under the indenture dated as of November 16, 2012. Vivint used the proceeds from the offering for general corporate purposes.

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Paul Hastings LLP, a leading global law firm, announced today that the firm represented J.P. Morgan Securities LLC, RBS Securities Inc., Barclays Bank PLC, Wells Fargo Securities, LLC, Mizuho Bank, Ltd., and The Bank of Tokyo-Mitsubishi UFJ, Ltd., as joint lead arrangers and joint bookrunners, and JPMorgan Chase Bank, N.A., as the administrative agent, in connection with a $300,000,000 credit facility for Valero Energy Partners LP.

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Watson, Farley & Williams Asia Practice LLP (“WFWAP”), a leading international law firm, is pleased to announce that it has advised MISC Capital (L) Limited in relation to their USD$1 billion loan facility to refinance existing debt and for other corporate purposes.

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Dentons Canada LLP is pleased to announce that Jim Rossiter has joined the firm as a partner in its Toronto office. Jim is a trusted senior transactional lawyer with over 25 years’ experience leading high profile acquisitions, divestitures and financings in the US and Canada.

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