James W. Soong has joined the Palo Alto office of Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm’s Intellectual Property practice group, joining from Greenberg Traurig.
Tags: Sheppard, Mullin, Richter & Hampton LLP | Silicon ValleySimpson Thacher Represents Underwriters in $400 Million Senior Notes Offering by Air Lease Corporation
Simpson Thacher represented the underwriters, led by BofA Merrill Lynch, Deutsche Bank Securities and J.P. Morgan, in connection with the offering by Air Lease Corporation of $400 million aggregate principal amount of 4.750% Senior Notes due 2020. The Notes are being offered pursuant to an effective shelf registration statement that the Company previously filed with the Securities and Exchange Commission. The net proceeds of the offering will be used to fund the acquisition of commercial aircraft and for other general corporate purposes.
Tags: Simpson Thacher & Bartlett LLP | Silicon ValleyDavis Polk Advises Reliance Steel & Aluminum on Its Acquisition of Metals USA
Davis Polk is advising Reliance Steel & Aluminum Co. in connection with its $1.2 billion acquisition of Metals USA Holdings Corp. The transaction is subject to approval by Metals USA stockholders, along with the receipt of regulatory clearances and the satisfaction of other customary closing conditions, and is expected to close in the second quarter of 2013.
Tags: Davis Polk & Wardwell LLP | Silicon ValleySimpson Thacher Represents Silver Lake Partners in $24.4 Billion Acquisition of Dell
The Firm is representing Silver Lake Partners in the announced $24.4 billion acquisition of Dell, Inc. (NASDAQ: DELL). This transaction represents the largest private equity buyout since 2007. As part of the transaction, Michael Dell and certain related parties, who collectively hold approximately 16% of the Company’s shares, have agreed to rollover their shares into the acquiring entity. The transaction will be financed through a combination of cash and equity contributed by Mr. Dell, cash funded by investment funds affiliated with Silver Lake, cash invested by MSD Capital, L.P., a loan from Microsoft, rollover of existing debt, as well as debt financing that has been committed by Bank of America Merrill Lynch, Barclays, Credit Suisse and Royal Bank of Canada, and cash on hand. The transaction is subject to the approval of a majority of the unaffiliated stockholders and to customary conditions. Dell, based in Round Rock, Texas, is a global information technology company that offers its customers a broad range of solutions and services delivered directly by Dell and through other distribution channels.
Tags: Simpson Thacher & Bartlett LLP | Silicon ValleyDavis Polk Advises Comcast on Its $3 Billion Notes Offering
Davis Polk advised Comcast Corporation on its SEC-registered debt offering of $750 million aggregate principal amount of 2.85% notes due 2023, $1.7 billion aggregate principal amount of 4.25% notes due 2033 and $500 million aggregate principal amount of 4.5% notes due 2043. The offering was made through an underwriting syndicate led by Barclays Capital Inc., Goldman, Sachs & Co., RBS Securities Inc., Deutsche Bank Securities Inc. and UBS Securities LLC.
Tags: Davis Polk & Wardwell LLP | Silicon ValleyDLA Piper Represents Eagle View Technologies in Merger with Pictometry International
DLA Piper represented Eagle View Technologies, Inc. in a merger with Pictometry International that created a combined new company valued at approximately US$400 million. The merger creates an entity that offers comprehensive and robust capabilities in aerial imagery collections, geospatial analytics and 3D measurement technologies.
Tags: DLA Piper | Silicon ValleyO’Melveny Represents Kabam in Acquisition of Exploding Barrel Games
O’Melveny & Myers LLP represented Kabam, the leader in free-to-play core gaming, in its acquisition of Vancouver-based Exploding Barrel Games. Terms of the deal were not disclosed.
Tags: O'Melveny & Myers, LLP | Silicon ValleyDorsey Adds Five Lawyers From Prominent Bankruptcy Firm Murray & Murray
International law firm Dorsey & Whitney LLP announced today that five attorneys have joined its Palo Alto office from the well-known bankruptcy law firm, Murray & Murray.
Tags: Dorsey & Whitney LLP | Silicon ValleyGreenberg Traurig Bolsters Its IP Litigation Practice in California with the Addition of William Sloan Coats
The international law firm Greenberg Traurig, LLP announced that William Sloan Coats has joined its Silicon Valley office as a shareholder in the Intellectual Property & Technology Practice.
Tags: Greenberg Traurig, LLP | Silicon ValleyDLA Piper Represents Sorteo Games Inc. in Electronic Lottery Agreement with Jumbo Interactive Ltd.
DLA Piper represented US-based Sorteo Games Inc., a leading provider of electronic lottery systems, in an exclusive long-term strategic alliance in Mexico with leading Australian interactive lottery business Jumbo Interactive Ltd.
Tags: DLA Piper | Silicon Valley