Morgan Lewis Advises TransForce in $248M Acquisition of Dynamex

TransForce Inc. (TransForce), the leader in the Canadian transportation and logistics industry, today announced that it has entered into a definitive agreement and plan of merger to acquire all of the outstanding shares of Dynamex Inc. (Dynamex) for a purchase price of $25.00 per share, in cash, representing a total purchase price of approximately US $248 Million. Morgan Lewis successfully represented TransForce, in a winning bid in a “go shop” process following Dynamex entering into an agreement and plan of merger on October 1, 2010 with DashNow Holdings Corp. and DashNow Acquisition Corp (DashNow).

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Cooley Advises Anacor Pharmaceuticals in its $70 Million Initial Public Offering and Concurrent Private Placement

Cooley LLP advised Anacor Pharmaceuticals, Inc. (NASDAQ: ANAC) in the completion of its initial public offering of 12,000,000 shares of its common stock at a price of $5.00 per share. In addition,  Anacor has granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of its common stock at the initial public offering price, less the underwriting discount, to cover over-allotments, if any. More >>

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Norton Rose Advises Impax on the Planned Acquisition of Conergy’s Wind Development and Operating Business in Germany and France

A European team of international legal practice Norton Rose LLP has advised UK private equity fund Impax Asset Management Ltd. on the planned acquisition of Epuron GmbH’s wind development and operating business in Germany and France. Epuron is a subsidiary of German TecDax-listed solar system manufacturer Conergy AG. The purchase agreement was signed on 9 December 2010. The financial details of the transaction have not been disclosed.

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Tags:  Norton Rose Fulbright | Germany

White & Case Wins Ruling Allowing Registration of “Thumbdrive” Trademark

Global law firm White & Case LLP has won a significant trademark victory for Trek 2000 International Ltd., inventor of the ThumbDrive™ USB flash drive. The Trademark Trial and Appeal Board of the United States Patent and Trademark Office (USPTO) held that Trek’s highly valuable ThumbDrive™ trademark is not generic and is entitled to registration on the principal register of the USPTO. As a result of this November 30, 2010 ruling, Trek alone is able to sell these ubiquitous flash drives in the United States under the ThumbDrive™ brand.

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Simpson Thacher Represents Underwriters in Follow-On Offering by RealPage

Simpson Thacher represented the underwriters, led by Credit Suisse Securities (USA) LLC and Deutsche Bank Securities Inc., in connection with a registered follow-on offering of 10,350,000 shares of common stock of RealPage, Inc., which includes the shares that were sold pursuant to the over-allotment option exercised by the underwriters, resulting in aggregate gross proceeds of $266.5 million.  RealPage, Inc. is a leading provider of on-demand software solutions for the rental housing industry.  RealPage’s shares are listed on the NASDAQ Global Select Market under the symbol “RP.”

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Adams and Reese Forestry Attorneys Advise in Molpus Woodlands Group’s $18.4 Million Acquisition

Adams and Reese Attorneys Vic Lott and Andy Freeman served as legal advisors to the Jackson, Miss.-based timberland investment management organization, The Molpus Woodlands Group, LLC, which announced, on behalf of a client, that they completed the successful purchase of approximately 14,280 acres in East Texas for a purchase price of $18.4 million. This property was purchased from Cambium Corrigan Limited Partnership, an entity of Cambium Global Timberland Limited.

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Simpson Thacher Represents Blackstone and Hilton in Their $1.02 Billion Acquisition of Certain Assets Owned by ProLogis

The Firm represented affiliates of The Blackstone Group in connection with its acquisition from ProLogis of a portfolio of 182 industrial properties comprising over 23 million square feet of space in 19 states and 28 markets.  The 182 industrial assets are leased to over 500 tenants.  ProLogis has retained a preferred equity interest of approximately $190 million in the Blackstone entity that acquired the portfolio. The acquisition was financed by a $514 million syndicated five-year senior secured term loan originated by Wells Fargo.

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Olswang Acts for BBC Worldwide in Animal Planet Sale

Olswang has acted for BBC Worldwide in the £97m sale to Discovery of their remaining 50% stake of the global channel network Animal Planet. A separate part of the deal was the extension of the BBC’s co-production deal with Discovery which guarantees the latter’s investment into the making of natural history and factual programmes.

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