On March 19, 2013, Liberty Media Corporation entered into an agreement with investment funds managed by, or affiliated with, Apollo Management, Oaktree Capital Management and Crestview Partners to acquire an approximate 27.3% interest in Charter Communications for approximately $2.617 billion. Liberty expects to fund the purchase with a combination of cash on hand and new loan arrangements.
Tags: Baker Botts L.L.P. | New York
Gibson, Dunn & Crutcher LLP is pleased to announce that William Scherman has joined the firm as a partner in the Washington, D.C. office. Scherman, who was previously a partner with Skadden, Arps, Slate, Meagher & Flom and a former general counsel of the Federal Energy Regulatory Commission (FERC), will continue his energy litigation and regulatory practice as Chair of the Energy, Regulation and Litigation Group at Gibson Dunn.
Tags: Gibson, Dunn & Crutcher LLP
Bracewell & Giuliani LLP represented Evercore Partners, advisor to the Conflicts Committee of the Board of Directors of the general partner of Memorial Production Partners LP, regarding Memorial Production Partners LP’s agreement to acquire certain oil and gas producing properties in East Texas and North Louisiana from its sponsor, Memorial Resource Development LLC, for a purchase price of $200 million, which includes $4 million of net working capital and other customary purchase price adjustments.
Tags: Bracewell LLP | Houston
The Firm recently represented the underwriters led by Goldman Sachs (Asia) L.L.C., Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC in connection with a follow-on offering of American depositary shares of Vipshop Holdings Limited (“Vipshop”). The offering by Vipshop and certain selling shareholders of an aggregate of 8,280,000 American depositary shares (including 1,080,000 American depositary shares pursuant to the underwriters’ exercise of the over-allotment option), representing 16,560,000 ordinary shares, raised an aggregate of approximately US$200 million.
Tags: Simpson Thacher & Bartlett LLP | Hong Kong
Cozen O’Connor announced today that effective Wednesday, six attorneys from the firm of Edwards Wildman are joining Cozen O’Connor, in practice areas that include trusts and estates/private client services, real estate, insurance coverage, reinsurance, insurance corporate and regulatory and litigation. D. Scott Elliott, Michael Botos, Harvey Feintuch, A. Kenneth Levine, Simeon Brier and John David Dickenson are joining the firm as partners.
Tags: Cozen O'Connor, P.C.
Shearman & Sterling advised Cegedim S.A. on its offering of €300 million 6¾% Senior Notes due 2020. The offering, which was conducted pursuant to Rule 144A and Regulation S under the U.S. Securities Act, closed on March 20, 2013.
Tags: Shearman & Sterling LLP
Alexander G. Calfo, a prominent litigator, has joined Barnes & Thornburg LLP’s Los Angeles office as a partner in the firm’s Litigation Department. Calfo will be joined by three associates, Kelley S. Olah, Julia E. Romano and Stacy L. Foster.
Tags: Barnes & Thornburg LLP | Los Angeles
Gerry Leone, District Attorney of Middlesex County, Massachusetts, announced today he will join international law firm Nixon Peabody LLP as partner in the firm’s Government Investigations & White Collar Defense practice in Boston effective April 29.
Tags: Nixon Peabody LLP
Cahill represented Deutsche Bank Securities, Credit Suisse, J.P. Morgan, and Morgan Stanley as joint book-running managers in connection with the Rule 144A offering of $3,500,000,000 of senior notes of MetroPCS Wireless, Inc. (“Wireless”), comprised of $1,750,000,000 aggregate principal amount of 6.25% Senior Notes due 2021 and $1,750,000,000 aggregate principal amount of 6.625% Senior Notes due 2023.
Tags: Cahill Gordon & Reindel LLP | New York
K&L Gates acted as lead Australian lawyers in Mesoblast Limited’s A$170 million raising, one of the largest international private equity financings for a biotech company in recent years. The world’s largest regenerative medicine company, Mesoblast raised the funds through a targeted institutional private placement, with the issue structured to comply with U.S. SEC exemptions (144a and Regulation S) as well as applicable UK and local Asian security laws.
Tags: K&L Gates LLP