Cravath represented the underwriters, led by J.P. Morgan Securities and BofA Merrill Lynch, in connection with the US$611 million registered offering of 34,400,000 shares of class A common stock of The WhiteWave Foods Company, a leading consumer packaged food and beverage company. Immediately prior to this offering, Dean Foods Company completed a debt‑for‑equity exchange in which Dean Foods exchanged all the shares to be sold in the offering for indebtedness of Dean Foods held by J.P. Morgan Securities and BofA Merrill Lynch. J.P. Morgan Securities and BofA Merrill Lynch then sold all the shares to the underwriters for the offering.
The Cravath team included partners William V. Fogg and Johnny G. Skumpija and associates John C. Duffy and Brent R. Tomlinson on corporate matters; partner J. Leonard Teti II and associate Matthew O. Williams on tax matters; partner Jennifer S. Conway and associate Matthew Cantor on executive compensation and benefits matters; and partner Matthew Morreale on environmental matters. Summer associate Sanjay Murti also worked on corporate matters.
