Davis Polk advised J.P. Morgan Securities LLC, Deutsche Bank Securities Inc. and Goldman, Sachs & Co. as joint book-running managers and representatives of the underwriters on an SEC-registered offering by Wyndham Worldwide Corporation of $300 million principal amount of its 2.95% senior unsecured notes due 2017 and $500 million principal amount of its 4.25% senior unsecured notes due 2022.

Davis Polk advised the underwriters in connection with an initial public offering of 8,222,500 shares of common stock of Yelp Inc. (including 1,072,500 shares in respect of the exercise of the underwriters’ option to purchase additional shares) at $15.00 per share for gross proceeds of $123.3 million. Of those shares, Yelp sold 8,172,500 shares and the selling stockholder sold 50,000 shares. Goldman, Sachs & Co. acted as the lead book-running manager; Citigroup Global Markets Inc. and Jefferies & Company, Inc. acted as joint book-running managers; and Allen & Company LLC and Oppenheimer & Co. Inc. acted as co-managers for the offering. Yelp’s common stock is traded on the New York Stock Exchange under the symbol “YELP.”