On August 27, 2012, IBM and Kenexa announced that the two companies have entered into a definitive merger agreement for IBM to acquire Kenexa in an all-cash transaction at a price of $46.00 per share, or a net price of approximately $1.3 billion. Cravath represented IBM in connection with this transaction. The acquisition, which is subject to Kenexa shareholder approval, applicable regulatory clearances and other customary closing conditions, is expected to close in the fourth quarter of 2012.

More >>

The New York Times Company, a leading global multimedia news and information company, announced that it has entered into an agreement to sell its About Group, which includes the Web sites of About.com, ConsumerSearch.com and CalorieCount.com, to leading media and Internet company IAC for $300 million in cash. The transaction is expected to close in the next several weeks.

More >>

Global law firm Proskauer advised Church & Dwight Co., Inc. on its agreement to acquire Avid Health, Inc., the leader in gummy form vitamins and supplements, for $650 million in cash.

More >>

Proskauer advised Suburban Propane Partners, L.P. in its acquisition and related debt and equity financing of Inergy, L.P.’s retail propane operations for approximately $1.8 billion. As a result of the acquisition, Suburban, a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, is now one on the largest retail marketers of propane in the United States, with approximately 1.3 million customers in 41 states.

More >>

The Firm represented Unisys Corporation in connection with a public offering of $210,000,000 of 6.25% senior notes.

More >>

The New York office of Orrick Herrington & Sutcliffe LLP has recruited intellectual property attorney Peter Vogl as a partner in the firm’s intellectual property practice.

Mr. Vogl joins Orrick from Jones Day, where he was head of the firm’s global trademark, unfair competition and intellectual property practice.

“Peter is a superstar in copyright and trademark litigation.  We are thrilled to have him join our internationally recognized team.” Said Steve Routh, co-head of Orrick’s intellectual property group.

Interested in learning more about the New York legal job market, or exploring new career opportunities within the market?  Reach out to one of Kinney Recruiting’s attorney recruiters today!

The corporate practice of Kirkland & Ellis in New York has recruited leading M&A and private equity attorney Taurie Zeitzer to the firm as a partner, the firm announced.

Ms. Zeitzer has gained significant experience in the arenas of private equity and corporate law throughout her career.

More >>

Shearman & Sterling is advising long-time client Anglo American in its agreement with Corporación Nacional del Cobre de Chile (Codelco) to form a new partnership in respect of certain of Anglo American’s copper interests in Chile, known as Anglo American Sur. Anglo American and Codelco, with assistance from their respective partners, Mitsubishi and Mitsui, have settled their respective claims in relation to the Anglo American Sur option agreement and have agreed to a sale of a 29.5% interest in Anglo American Sur to a Codelco and Mitsui joint venture company for approximately $2.8 billion.

More >>

Shearman & Sterling represented Synthes, Inc. and its Board of Directors in Delaware Chancery Court in connection with the $19.7 billion acquisition of Synthes by Johnson & Johnson, obtaining from Chancellor Leo Strine a motion to dismiss plaintiffs’ second amended class action complaint with prejudice.

More >>

Davis Polk advised Morgan Stanley & Co. LLC as the sole book-runner on a $258 million SEC-registered offering of 25,800,000 shares of common stock of Molycorp, Inc. (Molycorp), of which 12,000,000 shares were offered and sold by Molycorp and 13,800,000 shares are being loaned by Molycorp to Morgan Stanley Capital Services LLC under a share lending agreement. Davis Polk also advised Morgan Stanley Capital Services LLC as the share borrower in connection with the share lending agreement.

More >>