Cravath represented the underwriters, led by J.P. Morgan Securities, BofA Merrill Lynch and Wells Fargo Securities, in connection with the US$874 million initial public offering of class A common stock of Premier, Inc., a national healthcare alliance. The shares were listed on the NASDAQ Global Select Market. The transaction closed on October 1, 2013.
The Cravath team included partner William V. Fogg, practice area attorney Daniel A. O’Shea and associates John C. Duffy and Jennifer L. Tanaka on corporate matters; partner Stephen L. Gordon and associate Edward A. McGehee on tax matters; and partner Eric W. Hilfers and associate Jason A. Sacks on executive compensation and benefits matters.
