In a first for the gaming industry, a U.S. casino has been purchased by its workers through an employee stock-ownership plan. Partner Mark Welker led a Husch Blackwell team in the $170 million acquisition of the Casino Queen by its approximately 700 employees. Casino Queen is located in East St. Louis, Ill., and was established in 1993.
Tags: Husch Blackwell LLP
Simpson Thacher represented J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., HSBC Securities (USA) Inc. and RBS Securities Inc. in an offering of $210 million aggregate principal amount of 6.250% Senior Subordinated Notes due 2021 by Gibraltar Industries, Inc. (“Gibraltar”). Gibraltar used the net proceeds from the notes offering to fund a cash tender offer for any and all of its outstanding $204 million 8% Senior Subordinated Notes due 2015. The Firm also represented J.P. Morgan Securities LLC in its capacity as dealer manager in the concurrent tender offer and consent solicitation.
Tags: Simpson Thacher & Bartlett LLP | New York
The transaction, which was signed in January 2013, involved the acquisition by the listed Australian entity Easton Investments Limited, via a subsidiary, of a 19.9% interest in AAM Advisory, a Singapore based financial services business.
Tags: Herbert Smith Freehills LLP | SingaporeTo strengthen our Thai practice and regional Energy practice, we are delighted to inform you that Mr. Angus Mitchell joined DFDL on 1 February 2013 as Partner.
On January 31, 2013, Scientific Games Corporation and WMS Industries Inc. announced that they have entered into a definitive agreement under which Scientific Games will acquire WMS for US$26.00 in cash per common share or approximately US$1.5 billion.
Tags: Cravath, Swaine & Moore LLP | New YorkCravath represented the initial purchasers, led by Deutsche Bank, Citigroup, Crédit Agricole CIB, Credit Suisse, J.P. Morgan Securities and RBS, in connection with the €400 million 144A/Reg.
Tags: Cravath, Swaine & Moore LLP | New York
Littler Mendelson, P.C. (Littler), the world’s largest employment and labor law firm representing management, expands its attorney ranks in Charlotte with the addition of shareholder Jacob J. Modla. Modla has almost two decades of legal experience drawn from both private practice and corporate senior executive positions with Family Dollar Stores. His arrival follows several high-profile laterals that have joined the firm in a number of its national and international offices.
Tags: DLA Piper
Perrigo Company, a leading global provider of quality, affordable healthcare products, today announced that is has signed a definitive agreement to acquire leading companion pet health product company Velcera, Inc., for $160 million in cash. The acquisition is expected to close during calendar year 2013 pending the satisfaction of closing conditions, including regulatory approvals.
Tags: Morgan Lewis & Bockius LLP | New York
Law firm Winstead PC welcomes shareholder and environmental attorney Christopher B. Pepper, previously a staff attorney for the Texas Commission on Environmental Quality and a senior research associate with the Institute of Environmental and Human Health in Lubbock, Texas.
Tags: Winstead PC | Austin