Reed Smith LLP today announced the addition of Matthew J. Bromberg as a partner in its Financial Industry Group. A former managing director and senior managing counsel to The Bank of New York Mellon in its Investment Servicing Division, Bromberg will practice out of the firm’s New York office. More >>

Simpson Thacher represented the initial purchasers, led by joint bookrunning managers J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., UBS Securities LLC, Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC and Barclays Capital Inc. in the sale of $1.125 billion aggregate principal amount of 6.375% Senior Notes due 2023 by Jaguar Holding Company II, an indirect parent of Pharmaceutical Product Development, LLC (“PPD”), and PPD (collectively, the “Issuers”). The Issuers used the proceeds from the offering, together with borrowings under the Issuers’ new senior secured credit facilities and cash on hand, to refinance existing debt and to pay a dividend to their stockholders. More >>

On August 24, 2015, Southern Company and AGL Resources announced that the boards of directors of both companies have approved a definitive merger agreement to create America’s leading U.S. electric and gas utility company. Pursuant to the agreement, Southern Company will acquire AGL Resources for cash in a transaction with an enterprise value of approximately $12 billion, including a total equity value of approximately $8 billion. Cravath represented AGL Resources in connection with this transaction. More >>

The Firm represented Aramark in connection with a secondary offering of 22,468,514 shares of Aramark’s common stock by certain selling stockholders, resulting in proceeds of approximately $726 million to the selling stockholders, and a concurrent share repurchase by Aramark of 1,500,000 shares from the selling stockholders, resulting in additional gross proceeds of approximately $48.5 million. The shares being sold pursuant to the secondary offering and the share repurchase represent all of the remaining shares held by the selling stockholders. More >>

Davis Polk advised McGraw Hill Financial, Inc. in connection with an offering of $400 million aggregate principal amount of its 2.500% senior notes due 2018, $700 million aggregate principal amount of its 3.300% senior notes due 2020 and $900 million aggregate principal amount of its 4.400% senior notes due 2026. The notes are guaranteed by Standard & Poor’s Financial Services LLC, a wholly owned subsidiary of McGraw Hill Financial, and were sold in an offering exempt from registration pursuant to Rule 144A and Regulation S. McGraw Hill Financial intends to use the net proceeds from the offering to finance the previously announced acquisition of SNL Financial LC and for general corporate purposes. More >>

Reed Smith LLP today announced the addition of Joseph A. Sarcinella as a partner in its Real Estate Group. A former partner in the New York office of Thompson & Knight LLP, Sarcinella will practice in Reed Smith’s New York office. More >>

Lowenstein Sandler LLP announced today that Selim Day has joined the firm as a partner in its Tech Group. Widely known as a top M&A, IPO, and growth capital attorney for emerging tech companies, Mr. Day joins from Wilson Sonsini Goodrich & Rosati where he had spent the last 15 years as a partner. More >>

Andrew J. Towbin joined the international law firm of Greenberg Traurig, LLP as a shareholder in its New York Real Estate Practice. Towbin joins the firm from Bryan Cave LLP. More >>