Simpson Thacher Represents Phoenix New Media Limited in its US$140.4 Million Initial Public Offering of American Depositary Shares on the New York Stock Exchange

The Hong Kong and Beijing offices of the Firm represented Phoenix New Media Limited (“Phoenix New Media”) in connection with its initial public offering and listing on the New York Stock Exchange of 12,767,500 American Depositary Shares, each representing eight Class A ordinary shares.  Phoenix New Media and the selling shareholders raised a total of US$140.4 million in gross proceeds from the offering, assuming no exercise of the greenshoe option.  Morgan Stanley, Deutsche Bank Securities and Macquarie Capital acted as the joint bookrunners for the offering.  The ADSs of Phoenix New Media are traded on the New York Stock Exchange under the ticker symbol “FENG.”

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Tags:  Simpson Thacher & Bartlett LLP | New York

Perkins Coie Opens New York Office

Perkins Coie announced today that it has opened an office in New York City, New York. Former Arent Fox partner, Schuyler G. Carroll, has joined the firm and will be the partner in charge of the office. Carroll focuses his practice on complex restructuring, transactional, litigation and advisory work. His experience adds depth to the firm’s national Bankruptcy & Restructuring practice.

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Verizon Purchases Terremark in $1.4 Billion Acquisition – Weil Represents

Weil, Gotshal & Manges represented Verizon Communications in its announced $1.4 billion acquisition of Terremark Worldwide, a leading information technology and cloud computing services company. The deal is structured as a cash tender offer at $19 per share followed by a back-end merger. The deal is expected to close in the first quarter of 2011. Terremark operates 13 data centers throughout the world and provides a range of business services to large corporations and US government agencies. The company will continue to operate under the Terremark brand. More >>

Tags:  Weil, Gotshal & Manges, LLP | New York

LeClairRyan Adds 34 Attorneys and Professional Staff, Opens Rochester, NY Office

In further support of its client-driven business focus, the national law firm LeClairRyan has announced the establishment of a Rochester, N.Y. office through the addition of former Nixon Peabody attorneys and staff who will expand upon the firm’s capabilities in intellectual property, bankruptcy and commercial litigation matters. This move bolsters LeClairRyan’s current IP, bankruptcy and litigation practices, while also creating opportunities for clients of the firm nationally.

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Shearman & Sterling Advises on International CCE’s $1 Billion and €350 Million Notes Offerings

Shearman & Sterling represented International CCE Inc. in connection with its September 14, 2010 public offering of $475 million of its 2.125% Notes due 2015 and $525 million of its 3.500% Notes due 2020. Shearman & Sterling also represented International CCE Inc. in connection with its September 29, 2010 Regulation S offering of €350 million 3.125% Notes due 2017

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Tags:  Shearman & Sterling LLP | New York