Paul Weiss – Elliott Successfully Advocates for BMC’s $6.9 Billion Acquisition

Paul, Weiss represented Elliott Management Corp. in a $6.9 billion acquisition of BMC Software by a consortium led by Bain Capital and Golden Gate Capital Corp. Elliott currently holds over nine percent of BMC’s common stock, making it the company’s second-largest shareholder. The transaction represents the culmination of an activist effort that began in the summer of 2012 with a successful proxy contest in which Elliott added two directors to BMC’s Board.

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Tags:  Paul, Weiss, Rifkind, Wharton & Garrison LLP | New York

Cahill Represents Initial Purchasers in $600 Million Notes Offering by Resolute Forest Products

Cahill represented BofA Merrill Lynch, Citigroup and BMO Capital Markets, as joint book-running managers, and Barclays, J.P. Morgan, and Wells Fargo Securities, as co-managers, in connection with the Rule 144A offering of $600,000,000 aggregate principal amount of 5.875% Senior Notes due 2023 by Resolute Forest Products Inc., a global leader in the forest products industry.

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Tags:  Cahill Gordon & Reindel LLP | New York

Cahill Represents Initial Purchasers in $600 Million Notes Offering by LKQ Corp.

Cahill represented BofA Merrill Lynch, Wells Fargo Securities, RBS, and Mitsubishi UFJ Securities, as joint book-running managers, and the co-managers in connection with the Rule 144A offering of $600,000,000 aggregate principal amount of 4.75% Senior Notes due 2023 by LKQ Corporation, a leading provider of alternate vehicle collision replacement products and recycled transmissions and remanufactured engines.

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Tags:  Cahill Gordon & Reindel LLP | New York

Simpson Thacher Represents Underwriters in $100 Million Preferred Shares Offering by GAMCO Global Gold, Natural Resources & Income Trust by Gabelli

Simpson Thacher represented the underwriters, led by Citigroup Global Markets Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, in connection with the public offering by GAMCO Global Gold, Natural Resources & Income Trust by Gabelli (the “Fund”) of 4,000,000 shares of 5.00% Series B Cumulative Preferred Shares. The offering raised aggregate net proceeds of approximately $96.85 million.

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Tags:  Simpson Thacher & Bartlett LLP | New York

Jenner & Block Achieves Victory for Chesapeake Energy Corp.

On May 8, 2013, the U.S. District Court for the Southern District of New York issued its opinion and order in favor of firm client Chesapeake Energy Corporation, in its declaratory judgment action against Bank of New York Mellon Trust Company, the trustee for a $1.3 billion bond offering – saving Chesapeake some $100 million in interest expense.

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Tags:  Jenner & Block, LLP | New York