DLA Piper represented EdgeCast Networks, a Los Angeles-based content delivery network, in its acquisition by Verizon Digital Media Services. The transaction is expected to close in the first quarter of 2014, subject to customary closing conditions (more…)
DLA Piper has advised NASDAQ listed HomeAway Inc on its purchase of Stayz Pty Ltd, a wholly-owned subsidiary of Fairfax Media Limited [ASX:FXJ], for A$220 million, making it one of the most significant M&A deals in the technology, media & telecommunications sector in Australia in 2013 (more…)
Vedder Price is pleased to announce that Scott H. Olson has joined the firm’s Bankruptcy & Creditors’ Rights practice group today as a Shareholder in the firm’s San Francisco office. (more…)
Davis Polk advised Goldman, Sachs & Co. as initial purchaser in connection with a Rule 144A offering by NVIDIA Corporation of an aggregate principal amount of $1.5 billion of its 1% convertible senior notes due 2018, which included $200 million aggregate principal amount of notes from the full exercise of the initial purchaser’s over-allotment option. In addition, Davis Polk advised Goldman, Sachs & Co. as counterparty to convertible note hedge and warrant transactions in connection with the convertible notes offering (more…)
Simpson Thacher represented Goldman, Sachs & Co., as the sole initial purchaser, in connection with a private offering by SanDisk Corporation of $1.5 billion of 0.50% Convertible Senior Notes due 2020 (more…)
The Firm represented the underwriters, led by Goldman, Sachs & Co. and Robert W. Baird & Co. Incorporated, in connection with the underwriting of the initial public offering of common stock by Vince Holding Corp. (the “Company”), formerly known as Apparel Holding Corp (more…)
The Firm is representing Hellman & Friedman LLC in connection with the announced acquisition of Applied Systems, Inc. by investment funds advised by Hellman & Friedman for $1.8 billion. Applied Systems is being acquired from Bain Capital, a global private investment firm. The transaction is subject to customary conditions to closing and is expected to be completed in early 2014 (more…)
Simpson Thacher represented Sophia Holding Finance, L.P. (“Sophia Holding”) and its co-issuer in connection with its Rule 144A and Regulation S offering of $400.0 million aggregate principal amount of 9.625%/10.375% Senior PIK Toggle Notes due 2018. Sophia Holding intends to use the net proceeds the offering to pay a distribution to its equityholders (more…)
The Firm represented Seagate Technology plc (“Seagate”) in connection with its Rule 144A and Regulation S offering of $800 million aggregate principal amount of 3.75% Senior Notes due 2018. The notes were issued by Seagate HDD Cayman, a wholly owned subsidiary of Seagate, and guaranteed by Seagate. Morgan Stanley acted as sole lead and bookrunning manager of the offering (more…)
Davis Polk advised J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers in connection with the $187.5 million initial public offering of 15,000,000 shares of common stock of Chegg, Inc. Of the shares in the offering, 14,400,000 shares were offered by Chegg and 600,000 shares were offered by a selling stockholder. Chegg’s common stock is traded on the New York Stock Exchange under the symbol “CHGG.” (more…)
Davis Polk advised Morgan Stanley & Co. LLC as the sole underwriter in an SEC-registered public offering of 2,500,000 shares of common stock, par value $0.001 per share, of Einstein Noah Restaurant Group, Inc., sold by Greenlight Capital, L.P., Greenlight Capital Qualified, L.P. and Greenlight Capital Offshore Partners, as the selling stockholders. The net proceeds from the offering totaled approximately $42.5 million (more…)
Davis Polk advised Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC as joint book-running managers and representatives of the initial purchasers in connection with a Rule 144A offering by ServiceNow, Inc. of $575 million aggregate principal amount of 0% convertible senior notes due 2018, which included $75 million aggregate principal amount of notes from the full exercise of the initial purchasers’ over-allotment option. In addition, Davis Polk advised Morgan Stanley & Co. International plc, JPMorgan Chase Bank, National Association and RBC Capital Markets, LLC as counterparties to convertible note hedge and warrant transactions in connection with the convertible notes offering (more…)
