Category: North America

Choate represented InfoArmor on the deal The Allstate Corporation, one of the largest primary insurers in the U.S, has entered into an agreement to acquire InfoArmor, an Arizona-based provider of employee identity protection, for an all-cash consideration of $525 million. Headquartered in Scottsdale, Arizona, InfoArmor is a privately held company that provides identity protection to […]

Cravath represented the dealers, Citigroup, J.P. Morgan Securities, Morgan Stanley and PNC Capital Markets LLC, in connection with the $500 million subordinated notes offering of PNC Bank, National Association PNC Bank, National Association is a wholly owned subsidiary of PNC Financial Services Group, Inc. The transaction closed on September 14, 2018. The Cravath team included […]

Willkie advised Time Manufacturing Company, a portfolio company of The Sterling Group, a Houston-based private equity firm, in its acquisition of Aspen Aerials, Inc. Aspen Aerials is a leading manufacturer of high reaching, stable, and durable specialty equipment used to inspect the safety and integrity of bridges. The company’s products allow technicians to examine bridges […]

Vinson & Elkins recently won a jury trial for the owner of a refrigerated warehouse whose property was taken by the State of Texas to accommodate a highway expansion project. At the conclusion of a seven-day trial led by V&E condemnation partners George Murphy (Picture) and David Wall, a Harris County jury returned a verdict […]

Baker Botts advised the Underwriters in the transaction DCP Midstream, LP (NYSE: DCP) (“DCP”) announced the pricing of an underwritten public offering of 4,000,000 of its 7.95% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Series C Preferred Units”) at a price of $25 per Series C Preferred Unit. DCP also granted the […]

Kimbell Royalty Partners, LP (NYSE:KRP) (“Kimbell”) closed its public offering of 3,000,000 common units representing limited partner interests at a public offering price of $19.00 per common unit today. The total gross proceeds of the offering, before underwriters’ discounts and estimated offering expenses, was approximately $57 million. Kimbell has granted the underwriters a 30-day option […]

Vinson & Elkins advised Range Resources Corporation in its agreement to sell a proportionately reduced 1% overriding royalty in its Washington County, Pennsylvania leases for gross proceeds of $300 million. Range Resources is a leading U.S. independent natural gas, NGL and oil producer with operations focused in stacked-pay projects in the Appalachian Basin and North […]

Vinson & Elkins advised Roan Resources, Inc. in connection with the agreement As a result of the transactions, Roan Resources, Inc. has consolidated 100% of the equity interest of Roan Resources LLC, through its wholly owned subsidiaries. Roan is an independent oil and natural gas company headquartered in Oklahoma City, focused on the development, exploration […]

Choate represented Phoenix Tower International and Orrick advised Digicel Group in the deal. Phoenix Tower International (PTI), a portfolio company of Blackstone Tactical Opportunities and John Hancock, executed its cross-border acquisition of 451 wireless communication tower sites in Jamaica from the Digicel Group. The sale and leaseback transaction, valued at $90 million, expands PTI’s footprint […]

Willkie Farr & Gallagher LLP acted as legal counsel to AlixPartners, and Wollmuth Maher & Deutsch LLP as legal counsel to Zolfo Cooper AlixPartners, the global consulting firm has entered into an agreement to acquire independent financial advisory and interim management firm Zolfo Cooper. The proposed transaction follows AlixPartners’ successful acquisition of Zolfo Cooper’s European […]