On October 1, 2013, IBM announced a definitive agreement to acquire The Now Factory, a privately held, Dublin, Ireland‑based provider of analytics software that helps communications service providers deliver better customer experiences. Cravath represented IBM in connection with this transaction, which is subject to customary closing conditions and is expected to be completed in the fourth quarter of 2013. Financial terms were not disclosed.
Tags: Cravath, Swaine & Moore LLP | New York
International law firm McDermott Will & Emery represented Premier, Inc. (NASDAQ: PINC), a national healthcare alliance, in connection with its initial public offering of 32,374,751 shares of Class A common stock, including 4,222,793 shares issued upon the exercise in full by the underwriters of their option to purchase additional shares to cover over-allotments.
Tags: McDermott Will & Emery LLP | Los Angeles
Goodwin Procter, a national Am Law 50 firm, announced today that Benjamin P. Saul has joined the firm’s Washington, D.C. office as a partner in its Consumer Financial Services Litigation Group. Saul joins Goodwin from BuckleySandler where he was a partner resident in Washington, D.C.
Tags: Goodwin Procter LLP
Reed Smith LLP today announced that Global Managing Partner Gregory B. Jordan is leaving the firm to join The PNC Financial Services Group, Inc. (NYSE: PNC). Alexander “Sandy” Thomas, formerly Global Chair Litigation at Reed Smith, will succeed Mr. Jordan as the firm’s Global Managing Partner.
Tags: Reed Smith LLP | New York
Norton Rose Fulbright acted as Pacific Rubiales Energy Corp.’s exclusive transaction counsel in its announced strategic acquisition of Petrominerales Ltd. The total purchase price of the all-cash deal will be approximately C$1.6 billion. The Arrangement is expected to close in the fourth quarter of 2013.
Tags: Norton Rose Fulbright
Dechert is representing ICG Group, Inc. (“ICG”) in its sale of Procurian, Inc. (“Procurian”) to Accenture plc for $375 million in cash. Radnor, PA-based ICG announced today that it has executed a definitive agreement for the sale of Procurian, a specialist in procurement solutions, to Accenture plc. The transaction is subject to customary closing conditions, with completion expected to occur in the fourth quarter.
Tags: Dechert LLP
Sills Cummis & Gross P.C. is pleased to announce that Charles H. Kaplan has joined the Firm as a Member of the Employment and Labor Practice Group in the Firm’s New York office.
Tags: Sills Cummis & Gross P.C. | New York
Bracewell & Giuliani LLP announced today that Jane H. Macon, Michael D. Bernard, Blakely L. Fernandez, and William T. Avila will join its San Antonio office as partners, working in the areas of public finance, public law, corporate law, and litigation.
Tags: Bracewell LLP | San Antonio
Gibson, Dunn & Crutcher LLP is pleased to announce that real estate lawyer Steven Klein has joined the firm’s New York office as a partner. Klein was previously a partner at Willkie Farr & Gallagher.
Tags: Gibson, Dunn & Crutcher LLP | New York
Shearman & Sterling advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, Barclays Bank PLC and J.P. Morgan Securities LLC as joint lead arrangers and joint bookrunning managers in connection with a $5 billion term loan related to Amgen Inc.’s $10.5 billion purchase of Onyx Pharmaceuticals Inc. Concurrently, the firm also represented Bank of America, N.A. in connection with a $3.1 billion sale and repurchase agreement financing transaction related to the acquisition.
Tags: Shearman & Sterling LLP | New York