Davis Polk won a significant victory on behalf of CVS Caremark Corporation (CVS) on Monday, June 18, 2012, when Judge Laplante in the District Court of New Hampshire granted CVS and three of its former senior executives’ motion to dismiss a class-action securities fraud suit brought on behalf of shareholders that held CVS stock between October 30, 2008, and November 5, 2009.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk – Tyson Foods, Inc. $1 Billion Senior Notes Offering and Concurrent Tender Offer
Davis Polk advised J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC as joint book-running managers and representatives of the several underwriters in connection with an SEC-registered offering of $1 billion aggregate principal amount of 4.5% senior notes due 2022 by Tyson Foods, Inc.
Tags: Davis Polk & Wardwell LLP | New YorkShearman & Sterling Advises Viacom on Issuance of Senior Notes
Shearman & Sterling represented Viacom Inc. in connection with a $300 million issue of Viacom’s 3.125% Senior Notes due 2022 and a $100 million further issue of Viacom’s 1.250% Senior Notes due 2015. Viacom had issued $500 million of the 1.250% Senior Notes due 2015 in February 2012.
Tags: Shearman & Sterling LLP | New YorkShearman & Sterling Advises on $2 Billion Financing for Paccar
Shearman & Sterling advised Citigroup Global Markets Inc., Barclays Bank Plc and The Bank of Tokyo-Mitsubishi UFJ Ltd. as joint lead arrangers and joint book managers of a $1 billion five-year multicurrency revolving credit facility and $1 billion 364-day short term multicurrency revolving credit facility for PACCAR Inc. and some of its subsidiaries.
Tags: Shearman & Sterling LLP | New YorkHaynes and Boone New York Expands Real Estate Practice with Two Acclaimed Attorneys
Haynes and Boone, LLP New York has significantly strengthened its real estate practice with the addition of two highly-respected lateral partners, Bradford Lavender and Steven Monteforte.
Tags: Haynes and Boone, LLP | New YorkSimpson Thacher Represents KKR and Alliance Boots in a Strategic Transaction with Walgreens
The Firm is representing Kohlberg Kravis Roberts & Co. L.P. (KKR) and Alliance Boots GmbH (Alliance Boots) in connection with the acquisition of a 45% equity stake in Alliance Boots by Walgreen Co. (Walgreens), in a cash-and-stock deal valued at approximately $6.7 billion. Walgreens will have the option to proceed to a full combination by acquiring the remaining 55% of Alliance Boots at a later date for approximately $9.5 billion in cash and stock. Closing of the first step of the transaction is subject to satisfaction of regulatory and other customary conditions.
Tags: Simpson Thacher & Bartlett LLP | New YorkSimpson Thacher Represents KKR in Acquisition of Prisma Capital Partners
The Firm is representing KKR & Co. L.P. in its acquisition of Prisma Capital Partners LP, a leading provider of customized hedge fund solutions. Prisma is known for identifying specialist hedge fund managers with exceptional track records and creating custom portfolios for clients. As of April 1, 2012, Prisma had $7.8 billion in assets under management, with more than 90% belonging to institutional investors. The transaction is expected to close in the fourth quarter 2012.
Tags: Simpson Thacher & Bartlett LLP | New YorkKramer Levin Represents Joint Venture of Toll Brothers and Starwood Capital Group in Connection with Winning Bid to Develop Pier 1 in Brooklyn Bridge Park
Kramer Levin represented a joint venture of Toll Brothers and Starwood Capital Group in connection with its winning bid for and negotiation of a 97-year ground lease to develop a new $300 million hotel and residential complex that will be built next to Pier 1, just south of the Brooklyn Bridge in Brooklyn Bridge Park, a 1.3-mile-long park which stretches along the East River on the Brooklyn waterfront. The development will include approximately 200 hotel rooms, 160 condominium apartments, 32,000 square feet of restaurant and banquet space, a 6,000-square-foot spa and a 300 space parking facility. The deal was approved by the Brooklyn Bridge Park Corporation’s Board on Tuesday, June 19.
Tags: Kramer Levin Naftalis & Frankel LLP | New YorkDavis Polk – Export Development Canada $1 Billion Global Bond Offering
Davis Polk advised underwriters represented by Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., J.P. Morgan Securities Ltd. and TD Securities (USA) LLC in connection with the offering of $1 billion aggregate principal amount of 0.5% U.S. dollar bonds due 2015, issued by Export Development Canada.
Tags: Davis Polk & Wardwell LLP | New YorkDavis Polk – Walgreen Co. $3.5 Billion Bridge Facility
Davis Polk is advising Bank of America Merrill Lynch as a joint bookrunner and joint lead arranger of a $3.5 billion senior unsecured bridge facility for Walgreen Co. in connection with its proposed acquisition of not less than 45% of the issued and outstanding equity interests in Alliance Boots GmbH.
Tags: Davis Polk & Wardwell LLP | New York




