Simpson Thacher is representing J.P. Morgan Securities LLC in its role as financial advisor to Gannett Co., Inc. in connection with Gannett’s announced acquisition of Belo Corp. for $13.75 per share in cash, or approximately $1.5 billion, plus the assumption of existing debt for an enterprise value of approximately $2.2 billion.

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On June 11, Willkie client Clovis Oncology, Inc., a biopharmaceutical company, announced the pricing of an underwritten public offering of 3,333,334 shares of its common stock at $72.00 per share. The size of the offering was upsized from $170 million to $240 million. Additionally, the underwriters have exercised a 30-day option to purchase up to an additional 486,110 shares of common stock from Clovis Oncology, bringing the total value of the offering to $275 million. J. P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC are acting as joint book-running managers for the offering, which is expected to close on June 17.

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Cahill represented BofA Merrill Lynch, Wells Fargo Securities, BB&T Capital Markets, and SunTrust Robinson Humphrey as joint book-running managers in connection with the Rule 144A offering of $700,000,000 aggregate principal amount of 5.75% Senior Notes due 2023 by Ingles Markets, Incorporated, a leading supermarket chain that operates supermarkets across six states in the Southeastern United States. Proceeds from the offering will be used to refinance existing indebtedness and for general corporate purposes.

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Paul Hastings LLP, a leading global law firm, announced today that it is advising Gannett Co., Inc., an international media and marketing solutions company, in connection with its merger with Belo Corp., a leading broadcast television company with twenty network-affiliated stations. The transaction is valued at approximately $2.2 billion and would make Gannett the fourth-largest owner of “Big 4” major television network affiliates in the country, reaching nearly one-third of U.S. households.

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Paul Hastings LLP, a leading global law firm, announced today that the firm is representing Centerline Holding Company, provider of real estate financing and asset management services focused on affordable and conventional multifamily housing, in connection with its agreement entered into on June 10, 2013 to be acquired by an affiliate of Hunt Capital Partners, LLC, the affordable housing division and an affiliate of real estate company, Hunt Companies, Inc. (“Hunt”).

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Chadbourne & Parke represented Beam Inc., one of the world’s leading premium spirits companies, in connection with the sale of US$500 million of notes in an SEC-registered transaction and contemporaneous cash tender offers and redemptions for certain of Beam’s outstanding public debt.

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Davis Polk is advising JPMorgan Chase Bank, N.A. as administrative agent and collateral agent, and J.P. Morgan Securities LLC, as sole bookrunner and sole lead arranger under a $500 million superpriority debtor-in-possession credit facility to Exide Technologies and certain of its non-debtor subsidiaries, consisting of a $225 million first-out asset-based revolving credit facility and a $275 million second-out term loan, which are secured by collateral in the United States and 17 foreign jurisdictions. The DIP facility has been approved by the bankruptcy court on an interim basis and is subject to final bankruptcy court approval and various other conditions. Under the terms of the interim approval, Exide Technologies has full access to the revolver and immediate access to $170 million of the term loan. The final hearing to approve the DIP facility has been scheduled for July 11, 2013.

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Davis Polk advised Credit Suisse AG, as administrative agent and collateral agent, and Credit Suisse Securities (USA) LLC, as sole bookrunner and sole lead arranger, in connection with a $145 million senior secured term loan credit facility for School Specialty, Inc. to finance the company’s emergence from bankruptcy protection. In January 2013, School Specialty, Inc. and certain of its U.S. subsidiaries filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Delaware. Proceeds of the exit financing, along with proceeds from an asset-based revolving credit facility arranged by Bank of America, N.A., were used to repay in full all of the company’s obligations under its prior revolving credit facility and repay in part its obligations under its prior term loan facility, as well as transaction costs, and for other general corporate purposes.

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National law firm Wilson Elser is pleased to announce that Elizabeth M. Young, partner, has joined the firm’s New York City office. Ms. Young practices in the areas of product liability and mass tort litigation, as well as commercial and business litigation.

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Skadden is representing The Travelers Companies, Inc. in its $1.1 billion acquisition of The Dominion of Canada General Insurance Company from E-L Financial Corp. Ltd., announced on June 10.

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