Simpson Thacher is representing LINC Logistics Company and its owner, the Moroun Family, in connection with its sale to Universal Truckload Services, Inc. (NASD: UACL) in a stock-for-stock transaction valued at approximately $335 million, including the assumption of debt. The combination of Universal and LINC will create one of the largest full-service, asset-light logistics platforms in North America (more…)
Davis Polk advised Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers in connection with the $332 million SEC-registered follow-on offering of 11,744,064 shares of common stock of Splunk Inc. sold by certain selling stockholders. The common stock is listed on the Nasdaq Global Select Market under the symbol “SPLK.” (more…)
Davis Polk advised Morgan Stanley & Co. LLC, Goldman, Sachs & Co. and Citigroup Global Markets Inc. as joint book-running managers in connection with the $300 million initial public offering of 7,130,000 shares of common stock of Palo Alto Networks, Inc. (including 930,000 shares subject to the underwriters’ over-allotment option) at $42.00 per share. Of these, Palo Alto Networks sold 5,617,259 shares and stockholders sold 1,512,741 shares (more…)
A team of Goodwin Procter attorneys advised Outright, a cloud-based financial management application company, in its recent acquisition by Go Daddy, the world’s largest Web hosting provider. Terms of the deal were not disclosed (more…)
Paul Hastings LLP, a leading global law firm, announced today that the firm represented Watermark Capital Partners and its real estate investment trust (REIT), Carey Watermark Investors, Inc. in the acquisitions of the Hampton Inn Boston/ Braintree, The Hilton Garden Inn in New Orleans French Quarter/ Central Business District and the acquisition of a 97% interest in Lake Arrowhead Resort & Spa in Lake Arrowhead, California (more…)
Jeffrey N. Labovitch has joined the San Diego office as a partner in the Insurance Coverage, Commercial Litigation and Professional Liability practice groups. Mr. Labovitch’s practice specializes in handling complex insurance coverage matters (more…)
Theodora Oringher PC is pleased to welcome Roy Silva as a Senior Attorney in its Orange County office (more…)
Cooley LLP announced today that it is advising Peet’s Coffee & Tea, Inc. in its sale to Joh. A. Benckiser (JAB). JAB has agreed to acquire Peet’s for $73.50 per share in cash, or a total of approximately $1 billion. The transaction is expected to close in approximately three months, subject to customary closing conditions, including receipt of shareholder and regulatory approvals (more…)
Nossaman LLP announces the arrival of Tom Curtis and Mitchell Green as partners in the firm’s Orange County and San Francisco offices, respectively. The attorneys, both formerly with Curtis & Green LLP, further strengthen the firm’s robust healthcare practice (more…)
Cooley LLP announced today the opening of itsLos Angeles office with the addition of four prominent LA-based partners. The new office, which will be located in Santa Monica – a vibrant hub for technology, media and venture capital in the Greater Los Angeles region – will complement Cooley’s three existing California offices and be seeded from the outset with the firm’s existing relationships with more than 200 clients in the Los Angeles region (more…)
In a US International Trade Commission (ITC) action brought against client MediaTek Inc, Asia’s largest fabless semiconductor company, a WilmerHale trial team secured a significant victory (more…)
Foley announced today that Alan E. Friedman has joined the firm’s Business Litigation & Dispute Resolution Practice as a partner in its Los Angeles office. Prior to joining Foley, Friedman had practiced for over 10 years in Jones Day’s Los Angeles office (more…)
