Curtis, Mallet-Prevost, Colt & Mosle LLP represented MSC Industrial Direct Co., Inc. (NYSE: MSM) in connection with the negotiation of a definitive agreement to acquire the North American distribution business of Barnes Group Inc. (NYSE: B). The acquisition, which is structured as an asset purchase, is scheduled to close in late March or early in the second quarter. The purchase price will be $550 million, subject to adjustment.
Tags: Curtis, Mallet-Prevost, Colt & Mosle LLP | New York
O’Melveny & Myers LLP represented Thornridge Holdings Limited, a significant stockholder of Assisted Living Concepts, Inc. (ALC), in connection with ALC’s US$280 million proposed sale to TPG, a global private investment firm.
Tags: O'Melveny & Myers, LLP | San Francisco
International law firm Freshfields Bruckhaus Deringer is advising longstanding client National Bank of Greece (NBG) on an all-share buyout of Greek lender Eurobank. The deal clears the way for a merger to form the country’s biggest lender.
Tags: Freshfields LLPThe law firm of Whyte Hirschboeck Dudek S.C. (WHD) is pleased to announce the addition of Michael E. Dahm to its Corporate Practice Group, where he is a member of the Corporate Transactions, Emerging & Entrepreneurial Companies and Securities teams.
Schnader Harrison Segal & Lewis LLP is pleased to announce that Justine M. Kasznica has joined the Firm’s Pittsburgh office as a member of the Business Services Department.
Tags: Schnader, Harrison, Segal & Lewis, LLP
On February 24, it was announced that AirWatch®, the global leader and innovator in mobile device security and Enterprise Mobile Management (EMM) technology, closed on a $200 million investment led by Willkie client Insight Venture Partners.
Tags: Willkie Farr & Gallagher LLP | New York
Littler Mendelson, P.C. (Littler), the world’s largest employment and labor law firm representing management, has added Joycelyn A. Stevenson as a shareholder in the firm’s expanding Nashville office. Stevenson, previously a partner with Bradley Arant Boult Cummings LLP, focuses her practice in the areas of labor and employment and business immigration law. Her arrival reflects Littler’s continued growth in the region since the office opened in 2011.
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Davis Polk, together with Linklaters, represented the joint administrators of Lehman Brothers International (Europe) (“LBIE”) in connection with the litigation and settlement of $38 billion in claims between LBIE and Lehman Brothers Inc (“LBI”). The Lehman Brothers SIPA case is by far the largest SIPA proceeding on record involving an insolvent broker-dealer. The execution last week by LBIE and LBI of the definitive documentation of the settlement and the filing in the bankruptcy court today of the motion seeking approval of the settlement agreement represents a critical milestone in the Lehman Brothers administration and, subject to court approval, will unlock substantial distributions for creditors who hold tens of billions of dollars in claims.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk advised J.P. Morgan Securities LLC, Deutsche Bank Securities Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers and representatives of the underwriters on an SEC-registered offering by Wyndham Worldwide Corporation of $450 million principal amount of its 2.5% senior unsecured notes due 2018 and $400 million principal amount of its 3.9% senior unsecured notes due 2023.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk is advising Sandler O’Neill + Partners, L.P. as dealer manager for First BanCorp., in connection with the offer by First BanCorp. to exchange up to 10,087,488 newly issued shares of its common stock, par value $0.10, for any and all of its issued and outstanding shares of five series of preferred stock. To participate in the exchange offer, tendering holders of shares of preferred stock must grant a proxy in favor of an amendment to the certificate of designation for the preferred stock. The exchange offer is expected to expire on March 18, 2013.
Tags: Davis Polk & Wardwell LLP | New York