The management teams of Locke Lord LLP and Edwards Wildman Palmer LLP have signed a Letter of Intent to combine the two law firms. If a combination is achieved, the combined firm – Locke Lord Edwards LLP – would have more than 1,000 lawyers in 23 cities around the globe. More >>
Tags: Locke Lord LLPSteven R. Popofsky has joined the firm as a partner in the Litigation and Risk Management department. With over 32 years in practice, Popofsky represents corporations, partnerships, private investment funds, individuals and family entities in a variety of complex and business litigation and arbitration matters. Popofsky previously was a litigation partner at Moses & Singer in New York. More >>
Tags: New York
Clovis Oncology, Inc. announces 144A offering of convertible senior notes.
On September 9, Willkie client Clovis Oncology, Inc. announced the closing of its offering of $287.5 million aggregate principal amount of its 2.50% convertible senior notes due 2021 in a Rule 144A offering to qualified institutional buyers.
Tags: Willkie Farr & Gallagher LLP
Shearman & Sterling represented Citibank, N.A., as joint lead arranger and administrative agent, in providing $1 billion in financing commitments for the announced $3 billion acquisition by Select Income REIT (NYSE: SIR) of Cole Corporate Income Trust (CCIT) through a merger transaction. UBS Securities LLC will act as a joint lead arranger in the financing.
Tags: Shearman & Sterling LLP
Cahill represented Deutsche Bank Securities, Citigroup, Credit Suisse, and J.P. Morgan as joint book-running managers and the co-managers in connection with the public offering of $3,000,000,000 of Senior Notes, comprised of $1,300,000,000 6.000% aggregate principal amount of Senior Notes due 2023 and $1,700,000,000 aggregate principal amount of 6.375% Senior Notes due 2025 by T-Mobile USA, Inc. Proceeds from the offering were used for general corporate purposes.
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Davis Polk is advising AB Electrolux in connection with its $3.3 billion acquisition of the appliances business of General Electric. The acquisition includes a 48.4% shareholding in the Mexican appliance company Mabe, as well as a long term license agreement for the GE Appliances brands. The transaction, which is expected to close during 2015, is subject to regulatory approvals.
Tags: Davis Polk & Wardwell LLP
McGlinchey Stafford announced today that it has opened an office in New York City, which is the law firm’s eleventh office nationwide and its second location in the state of New York. Five attorneys have joined the firm’s new location in Midtown Manhattan. The national law firm, which also has an office in Albany, New York, now has 185 attorneys firm-wide.
Tags: McGlinchey Stafford PLLC
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Cequel Communications Holdings I, LLC, which does business as Suddenlink Communications, in connection with a $500 million private offering of senior notes. Cequel is the seventh largest cable operator in the United States.
Tags: Paul Hastings, LLPGlobal law firm Proskauer served as lead counsel to Annie’s, Inc. (NYSE:BNNY) in its definitive agreement to be acquired by General Mills, Inc. for $46.00 per share in cash, for a total transaction value of approximately $820 million. The transaction consideration represents a 51% premium over Annie’s 30-day average closing price of $30.47, as of September 5, 2014.
