Simpson Thacher Represents Nielsen in $1.0 Billion Secondary Offering of Common Stock

The Firm recently represented Nielsen Holdings N.V. (“Nielsen”), a portfolio company of AlpInvest Partners, The Blackstone Group, The Carlyle Group, Centerview Partners, Hellman & Friedman, Kohlberg Kravis Roberts & Co. and Thomas H. Lee Partners (together, the “Sponsors”) in connection with a secondary offering of 34,500,000 shares of Nielsen’s common stock.  The offering closed at a public offering price of $30.25 per share, resulting in gross proceeds to the Sponsors of approximately $1.0 billion.

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Tags:  Simpson Thacher & Bartlett LLP | New York

WilmerHale Advises SS&C Technologies in $906.5 Million Bid Takeover

In a bidding war for London-based GlobeOp Financial Services, WilmerHale represented SS&C Technologies in its takeover cash offer of $906.5 million. The bid topped an $805 million offer from buyout house TPG Capital, announced earlier this year in February. SS&C has offered to pay $7.69 per share for GlobeOp – an 11 percent premium on TPG’s bid. The deal has been unanimously approved by the board of directors of SS&C and the independent directors of GlobeOp.

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Tags:  Wilmer Cutler Pickering Hale and Dorr LLP | New York

Venable LLP Lands Prominent Real Estate Partners

Leading law firm Venable LLP announced today that three Real Estate partners – Mitch Evall and Andrew Schmerzler from Weissmann Wolff Bergman Coleman Grodin & Evall LLP (WWBCGE) and Valentin Aguilar II from Manatt, Phelps & Phillips LLP (Manatt) – have joined the firm to spearhead the growth of Venable’s newly established West Coast Real Estate Practice.  The experienced team joins Venable’s well-established national Real Estate Group, which includes more than 40 attorneys.

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Tags:  Venable LLP | Los Angeles