Providence Service Corporation Acquires Matrix Medical Network for $400 Million

Ropes & Gray advised Welsh, Carson, Anderson & Stowe and CCHN Group Holdings (Matrix Medical Network) in the sale of Matrix to Providence Service Corporation in a deal announced Sept. 18. Providence will acquire Matrix, a leading provider of in-home health assessments and care management services, for an aggregate purchase price of $400 million. More >>

Tags:  New York

Shearman & Sterling Advises on Consolidated Communications Finance II Co.’s $200 Million Senior Notes Offering

Shearman & Sterling represented Morgan Stanley & Co. LLC, Wells Fargo Securities, LLC and RBS Securities Inc. as joint-lead and bookrunning managers in connection with a private placement of $200 million aggregate principal amount of 6.50% Senior Notes due 2022 of Consolidated Communications Finance II Co., a wholly-owned subsidiary of Consolidated Communications, Inc. (“CCI”), pursuant to Rule 144A and Regulation S. The proceeds from the offering will be used to fund CCI’s acquisition of Enventis Corporation. More >>

Tags:  Shearman & Sterling LLP | Toronto

Simpson Thacher Represents Managers in $4.5 Billion Senior Bond Offering by The Bank of Tokyo-Mitsubishi UFJ, Ltd.

Simpson Thacher recently represented the managers, led by Morgan Stanley & Co. LLC, Mitsubishi UFJ Securities (USA), Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Citigroup Capital Markets Inc., in an offering by The Bank of Tokyo-Mitsubishi UFJ, Ltd. (“BTMU”) of $4.5 billion aggregate principal amount of its senior notes in five tranches due 2017 (floating rate), 2017, 2019, 2021 and 2024 (fixed rate). The offering was conducted pursuant to Rule 144A and Regulation S. The bonds are listed on the Singapore Exchange. More >>

Tags:  Simpson Thacher & Bartlett LLP | New York

Shumaker, Loop & Kendrick, LLP Serves as Sole Lead Counsel in $1.1 Billion Common Stock Offering; Shumaker Leads Two Largest Overnight Primary Common Stock Offerings in 2014

Shumaker, Loop & Kendrick, LLP announced today that it served as sole lead counsel to Health Care REIT, Inc. (NYSE: HCN) in the completion of its public offering of 17,825,000 shares at a price of $63.75 per share for total gross proceeds of approximately $1.1 billion. Including HCN’s May offering of common stock that also exceeded $1.1 billion in gross proceeds, Shumaker has served as sole lead counsel in the two largest individual overnight marketed common stock offerings by any NYSE listed company thus far in 2014 based on total gross proceeds. More >>

Tags:  Shumaker, Loop & Kendrick LLP | Toledo

Watson, Farley & Williams opens a new office in Dubai

Watson, Farley & Williams (“WFW”), a leading international law firm, is pleased to announce that it has opened its 14th office, in Dubai, United Arab Emirates (UAE). The opening is in response to increasing demand from WFW clients in the firm’s key sectors for advice in relation to their business dealings in Dubai and the UAE, and also across the Middle East generally. More >>

Tags:  Watson Farley & Williams LLP | Dubai

Firm Advising Auxilium in Responding to Endo’s $2.2 Billion Unsolicited Takeover Bid

Willkie client Auxilium Pharmaceuticals, Inc, a specialty biopharmaceutical company, confirmed that it has received an unsolicited, non-binding proposal from Endo International plc to acquire all of the outstanding shares of Auxilium common stock at a price of $28.10 per share in cash and Endo stock, subject to due diligence, financing and other conditions. Auxilium stated that consistent with its fiduciary duties and in accordance with the existing merger agreement with QLT Inc., the company’s Board of Directors will carefully review all aspects of the Endo proposal. The Chesterbook, Pa-based company said “The Board is not withdrawing, modifying, withholding, changing or qualifying its recommendation with respect to its existing merger agreement with QLT Inc., or proposing to do so.” More >>

Tags:  New York

Former US DOJ Tax Division head Kathryn Keneally joining DLA Piper in New York

DLA Piper announced today that Kathryn Keneally is joining the firm’s global Tax practice as chair of its Civil and Criminal Tax Litigation group. She arrives in October as partner in the New York office.

Recognized as a national leader in the tax and criminal defense bar, Keneally served as Assistant Attorney General for the Tax Division of the US Department of Justice from 2012–2014, where she was responsible for the work of over 350 attorneys. During her tenure, she developed a groundbreaking program to redress past wrongdoing by foreign banks, and she worked closely with federal and state regulators on a precedent-setting prosecution of a large financial institution. She also developed and implemented a comprehensive approach to civil and criminal tax enforcement. Attorney General Eric G. Holder recognized her achievements by awarding her the Edmund J. Randolph Award for outstanding service to the Department of Justice and the nation, the highest honor that the Attorney General may award to a department employee. More >>

Tags:  DLA Piper | New York

Herbert Smith Freehills advises Arrium Limited on its A$754 million entitlement offer

Herbert Smith Freehills is pleased to have advised Arrium Limited (Arrium) on its A$754 million fully underwritten pro-rata accelerated renounceable entitlement offer including retail rights trading (“PAITREO”) and institutional placement (Offer), announced to the ASX on 15 September 2014. More >>

Tags:  Herbert Smith Freehills LLP | Brisbane | Melbourne | Perth | Sydney