Former US Senator Saxby Chambliss joins DLA Piper as partner

DLA Piper announced today that former United States Senator Saxby Chambliss has joined the firm as a partner. He will be based in the firm’s Atlanta office and will advise clients across the country.

Senator Chambliss served two terms as US Senator from Georgia and, prior to that, was elected to four terms in the House of Representatives. During his 20 years in Congress, Senator Chambliss was involved in several major areas of legislative and regulatory policy, with a particular focus on issues related to national defense, homeland security, cybersecurity and agriculture. He most recently served as vice chairman of the Senate Select Committee on Intelligence, and was a member of the Senate Armed Services Committee; the Senate Committee on Agriculture, Nutrition and Forestry (former chairman); and the Senate Rules Committee. Senator Chambliss’ experience with security issues dates back to his previous role as chairman of the House Intelligence Subcommittee on Terrorism and Homeland Security. More >>

Tags:  DLA Piper | Atlanta

Holland & Knight Advises Corvias in $517 Million Student Housing Deal with University System of Georgia

Holland & Knight represented Corvias Group and its student housing division, Corvias Campus Living, in connection with the company’s recent award as private concessionaire for a $517 million project to develop and manage student housing for nine campuses within the University System of Georgia (USG) for 65 years. The innovative public-private-partnership (P3) deal marks the first time that a state system has initiated the privatization of student housing through a portfolio of campuses. More >>

Tags:  Holland & Knight LLP | Atlanta

Procter & Gamble sells Duracell to Berkshire Hathaway for $2.9 billion

Jones Day is advising The Procter & Gamble Company (“P&G”) in the sale of its Duracell personal power business to Berkshire Hathaway Inc. for $2.9 billion. Following the sale of P&G’s interest in its Nanfu joint venture, which operated P&G’s battery business in China, P&G entered into a Transaction Agreement on November 13, 2014 with Berkshire Hathaway Inc. and certain of its affiliates under which P&G will transfer its Duracell business to Berkshire Hathaway in a private split-off transaction. In this unusual tax-free structure (sometimes referred to as a “cash rich private split”), P&G will convey its Duracell business (which will be infused with $1.8 billion in additional cash) to a newly formed subsidiary (SplitCo) and will exchange its shares in SplitCo for approximately $4.7 billion of outstanding P&G shares currently held by the Berkshire Hathaway group. The transaction is expected to close in the second half of calendar year 2015. More >>

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Greenberg Traurig Represents Gentiva Health Services in $1.8 Billion Acquisition by Kindred Healthcare

A multioffice team of attorneys with international law firm Greenberg Traurig represented longtime client Gentiva Health Services, Inc. (NASDAQ:GTIV) in its definitive merger agreement with Kindred Healthcare, Inc. (NYSE:KND). The transaction is valued at $1.8 billion, including the assumption of net debt. The companies expect the closing of the transaction to occur in the first quarter of 2015. More >>

Tags:  Greenberg Traurig, LLP | Atlanta | New York

Einstein Noah Restaurant Group to be Acquired by JAB Holding Company

Alston & Bird client Einstein Noah Restaurant Group has entered into a definitive agreement to be acquired by JAB Holding Company, a German conglomerate, for about $374 million.

Based in Lakewood, CO, Einstein Noah operates, franchises and licenses more than 855 restaurants in 42 states and Washington, D.C. Its bagel shops include Einstein Brothers Bagels, Noah’s New York Bagels and Manhattan Bagel. More >>

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