Welch Allyn’s $2.05 Billion Acquisition by Hill‑Rom

On June 17, 2015, two of the world’s leading healthcare technology companies, Hill‑Rom Holdings, Inc. and privately held Welch Allyn, Inc., announced that the Boards of Directors of both companies have unanimously approved a definitive agreement under which Hill‑Rom will acquire Welch Allyn for approximately $2.05 billion in cash and stock. Cravath represented Welch Allyn in connection with this transaction. More >>

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Shearman & Sterling Advises Lenders on $7.4 Billion Financing for PepsiCo, Inc.

Shearman & Sterling advised Citigroup Global Markets, Inc., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint lead arrangers and joint bookrunners, in connection with a $7.4 billion aggregate financing, including a $3.7 billion five-year facility and a $3.7 billion 364-day credit facility, for PepisoCo, Inc. More >>

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International Paper Completes $2 Billion Public Offering and Tender Offer

Cahill represented BofA Merrill Lynch, Citigroup, Mizuho Securities and the other underwriters in connection with the public offering of $2,000,000,000 of notes, comprised of $700,000,000 aggregate principal amount of 3.800% Notes due 2026, $600,000,000 aggregate principal amount of 5.000% Notes due 2035, and $700,000,000 aggregate principal amount of 5.150% Notes due 2046 by International Paper Company, a global paper and packaging company. Proceeds from the offering were used to refinance existing indebtedness and for general corporate purposes. More >>

Tags:  Cahill Gordon & Reindel LLP | New York

Howard Jiang Joins Seyfarth’s Corporate Practice in New York Firm Continues Expansion of Cross-Border Capabilities in the Asia Pacific

Seyfarth Shaw LLP announced today the arrival of partner Howard H. Jiang to the firm’s Corporate department in New York. Jiang joins Seyfarth from Locke Lord LLP where he was a partner in the corporate and transactional department and spearheaded the firm’s China practice.

Jiang’s practice is focused on domestic and cross-border mergers and acquisitions, capital markets, and project finance matters. He has advised many US and foreign companies on investment projects in Asia, specifically China, as well as Asia Pacific businesses investing in the US and overseas. In addition, Jiang has represented numerous domestic and foreign issuers in several equity and debt instruments offerings and listing on various capital markets. He has represented many leading investment banks in their underwriting activities involving domestic and foreign issuers. Jiang has also provided project finance counsel on major infrastructure projects such as highway, port and amusement park construction financing projects. More >>

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Andrew M. Grumet Joins Drinker Biddle & Reath’s Corporate and Securities Group

Drinker Biddle & Reath LLP has strengthened its capabilities in the nonprofit sphere with the addition of Andrew M. Grumet as partner residing in the New York City office.

Mr. Grumet’s practice focuses on charitable giving and philanthropy and the representation of domestic and international tax-exempt organizations. His clients include domestic and international family foundations, public charities, museums, hospitals, religious organizations, trade associations and social welfare organizations. More >>

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O’Melveny Represents Dealertrack in US$4 Billion Definitive Merger Agreement with Cox Automotive

O’Melveny & Myers LLP advised Dealertrack Technologies, Inc., a leader in software solutions and services for automotive retailers, in its definitive merger agreement with Cox Automotive, Inc., a leading provider of digital marketing, wholesale, and e-commerce solutions across the automotive industry. Under the terms of the agreement, Cox Automotive will acquire Dealertrack in an all-cash transaction valued at US$4 billion or US$63.25 per share. The deal is expected to close in the third quarter of 2015. More >>

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Blank Rome Continues to Grow Its IP Practice with New Partner in New York

Blank Rome LLP is pleased to welcome Paul Zagar, M.D., to the Firm as a Partner in the Intellectual Property group in the Firm’s New York office. A former surgeon, Dr. Zagar concentrates his practice on patent prosecution, counseling, and litigation in the fields of biotechnology, pharmaceuticals, chemistry, and medical devices. He joins the Firm on the heels of Blank Rome’s combination in Houston with 24 attorneys from the intellectual property law firm of Wong, Cabello, Lutsch, Rutherford & Brucculeri L.L.P, and the recent addition of intellectual property lawyer Aldo Noto as Partner in the Firm’s Washington, D.C. office. More >>

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Simpson Thacher Represents Underwriters in $1.5 Billion Notes Offering by Scripps Networks Interactive

The Firm represented Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. Morgan Securities LLC, Wells Fargo Securities, LLC and Mitsubishi UFJ Securities (USA), Inc. as joint book-running managers in connection with a public offering by Scripps Networks Interactive, Inc. (“SNI”) of $600 million of 2.8% Senior Notes due 2020, $400 million of 3.5% Senior Notes due 2022 and $500 million of 3.95% Senior Notes due 2025. The offering closed on June 2, 2015. More >>

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