The Toronto-Dominion Bank and TD Ameritrade’s acquisition of Scottrade for $4 Billion

Simpson Thacher is representing The Toronto-Dominion Bank (TSX and NYSE: TD) in connection with its acquisition of Scottrade Bank for $1.3 billion, and in the related acquisition by TD Bank’s 42% owned affiliate, TD Ameritrade, of Scottrade’s brokerage business for a net additional $2.7 billion in cash and stock. TD Bank will also purchase $400 […]

Xura, Inc. acquires Mitel Networks Corporation’s Mobile Division for $350 Million

Paul, Weiss is representing Mitel Networks Corporation in its agreement to sell its mobile division to the parent company of Xura, Inc. for $350 million in cash, a $35 million promissory note and an equity interest in Sierra Private Investments, which on closing will become the parent company of the mobile division and Xura. Mitel […]

WildHorse Resource Development Corporation’s $391.7 Million Initial Public Offering

Vinson & Elkins advised WildHorse Resource Development Corporation with its initial public offering of 27,500,000 shares of its common stock at $15.00 per share. Barclays, BofA Merrill Lynch, BMO Capital Markets, Citigroup and Wells Fargo Securities are acting as book-running managers for the offering. WildHorse Resource Development Corporation is an independent oil and natural gas […]

Halyard Capital’s acquisition of an ownership interest in Strategy Execution Partners, LLC and OAE Software, LLC

Akin Gump has advised Halyard Capital on the deal Halyard Capital today announced the acquisition of an ownership interest in Strategy Execution Partners, LLC and OAE Software, LLC (d/b/a StratEx) from its founders, who will retain significant equity ownership in the business and continue in their senior leadership roles. Akin Gump advised Halyard in the […]

EverBank Financial Corp.’s $134 million Secondary Offering

Simpson Thacher represented UBS Securities LLC as the sole underwriter in connection with a secondary offering by Sageview Partners L.P., the selling stockholder, of 7,012,230 shares of common stock, par value $0.01 per share, of EverBank Financial Corp. The offering closed on December 2, 2016 and resulted in net proceeds to the selling stockholder of […]

Extended Stay America, Inc.’s $205.1 million offering of common stock

Simpson Thacher represented certain entities affiliated with The Blackstone Group L.P. and Centerbridge Partners, L.P. in connection with a $205.1 million offering, consisting of 12,500,000 shares of paired common stock, each comprises one share of common stock of Extended Stay America, Inc. and one share of Class B common stock of ESH Hospitality, Inc., which […]