Crestwood’s $485 Million Acquisition of Williams’ 50% Interest in Powder River Basin JV

Vinson & Elkins advised Crestwood Equity Partners LP on the deal Crestwood Equity Partners LP executed the acquisition by Crestwood Niobrara LLC of a 50% interest in Jackalope Gas Gathering Services, L.L.C. from The Williams Companies, Inc. for approximately $485 million. The acquisition of Williams’ interest is a continuation of Crestwood’s strategy to expand its […]

Intercept Pharmaceuticals, Inc.’s $231 Million Common Stock Offering And $230 Million Convertible Senior Notes Offering

Davis Polk advised the representatives of the several underwriters in the deal. Intercept Pharmaceuticals, Inc. offered SEC-registered 2,760,000 shares of common stock of Intercept Pharmaceuticals, Inc. (which included 360,000 additional shares that the underwriters purchased pursuant to their option to purchase additional shares), and the representatives of the several underwriters in connection with a concurrent […]

Uber Technologies, Inc.’s $8.1 Billion Initial Public Offering

Davis Polk advised the underwriters in connection with the $8.1 billion initial public offering of 180,000,000 shares of common stock of Uber Technologies, Inc. Morgan Stanley Goldman Sachs & Co. LLC, BofA Merrill Lynch, Barclays, Citigroup, Allen & Company LLC, RBC Capital Markets, SunTrust Robinson Humphrey, Deutsche Bank Securities, HSBC, SMBC, Mizuho Securities, Needham & […]

Signet Healthcare Partners’ Investment in Goodwin Biotechnology

Fairmount Partners LP served as financial advisor for Goodwin. Pepper Hamilton LLP acted as legal counsel for Goodwin and Sheppard, Mullin, Richter & Hampton LLP acted as legal counsel for Signet Healthcare Partners. Goodwin Biotechnology, Inc. has completed its largest ever round of financing with growth capital which will help fund its next stage of […]

Array BioPharma Inc.’s $150 Million At-The-Market Equity Program

Simpson Thacher represented Jefferies LLC in an SEC-registered at-the-market equity program pursuant to which shares of Array BioPharma Inc.’s (“Array”) (NYSE: ARRY) common stock, having an aggregate sales price of up to $150 million, may be sold from time to time by Jefferies LLC, as sales agent. Array is a fully integrated, biopharmaceutical company focused […]

Sumo Logic’s $110 Million Series G Round Funding

Gunderson Dettmer advised Sumo Logic on the deal Sumo Logic, the leading cloud-native, machine data analytics platform that delivers continuous intelligence, executed a $110 million funding round led by Battery Ventures, with contributions from new investors including Tiger Global Management and Franklin Templeton, as well as participation from existing investors. With a current valuation over […]

Abry Partners’ $50 Million Convertible Preferred Equity Investment in New Global IoT Company

Lowenstein Sandler and Meitar Liquornik Geva Lesham Tal will serve as legal advisors to Abry Partners’ registration, redemption, preemptive, board designation, and consent rights. Canaccord Genuity will act as the financial advisor, and Olshan Frome Wolosky LLP and Goldfarb Seligman & Co. will act as legal advisors to I.D. Systems. ROTH Capital Partners will act […]

Digital Colony And EQT Infrastructure’s Acquisition Of Zayo

Simpson Thacher represented affiliates of Digital Colony Partners and the EQT Infrastructure IV fund in connection with their merger agreement on the acquisition Zayo Group Holdings, Inc. Under the terms of the agreement shareholders received $35 in cash per share of Zayo’s common stock in a transaction valued at $14.3 billion, including the assumption of […]

Comcast Corporation’s Put/Call Agreement With The Walt Disney Company

Davis Polk is advising Comcast Corporation on its “put/call” agreement with The Walt Disney Company regarding NBCUniversal’s 33% ownership interest in Hulu. Under the put/call agreement, as early as January 2024, Comcast can require Disney to buy NBCUniversal’s interest in Hulu and Disney can require NBCUniversal to sell that interest to Disney for its fair […]