Akin Gump advised Alliance Data Systems Corporation in the execution of a definitive agreement whereby it will purchase Conversant, Inc. for approximately $2.3 billion in cash and stock.
Alliance Data is a leading provider of loyalty and marketing solutions. Conversant is a digital marketing company. The transaction, which has been unanimously approved by the boards of directors of the two companies, is subject to regulatory approval and customary closing conditions and is expected to close by the end of the year.
Joseph L. Motes III, a partner in Akin Gump’s corporate practice, led the team from the firm advising Alliance Data. He was joined by partners Jeffrey Kochian and Alan Laves, senior counsel Irina Maistrenko and associates Sophia Dwosh, Alyssa Dossick, Lech Wilkiewicz and Rachel Roberts, all of the corporate practice; tax partner Dan Micciche and senior counsel Michael Gerald; antitrust and unfair competition partner Paul Hewitt and associate George Laevsky; and intellectual property senior counsel David Lee.
Source: www.akingump.com
