Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion 
Goldman AM Sees Strong Buyout Opportunities in Japan, South Korea and Australia 
Genesis Minerals to Acquire Vault in A$5.6 Billion Deal After Regis Withdraws 
Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership 
Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft 
Levi Strauss Raises 2026 Outlook After Q2 Earnings Beat, Shares Drop Despite Strong Results 
TSMC Q2 Revenue Surges 36% as AI Chip Demand Powers Growth Ahead of Earnings 
Morgan Stanley Names Marks & Spencer Top European Retail Pick, Sees Strong Upside 
UBS Starts CarTrade Tech With Buy Rating, Sees Strong Earnings Growth and ₹4,000 Target 
Samsung to Launch First Yongin Chip Plant by 2029 as South Korea Speeds Up Semiconductor Hub 
Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI 
Paramount-Warner Bros. Discovery Merger Faces Lawsuit From 12 States 
Nippon Paint Reportedly Offers Up to €7.5 Billion for Akzo Nobel Decorative Paints Business 
Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process 
SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan 
Mastercard Explores Sale of Majority Stake in UK Payments Firm Vocalink: Report 
SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO 
NEW YORK and LONDON, Dec. 15, 2015 (GLOBE NEWSWIRE) -- Morgan Lewis client UBM plc, one of the world's leading B2B events organizers, today announced that it has reached an agreement for the sale of PR Newswire to Cision, a business controlled by GTCR Canyon Holdings (Cayman), L.P., for $841 million, comprising $810 million in cash and $31 million of preferred equity (on a fair value basis).
|
|||||
The Morgan Lewis team representing UBM in this matter was led by partners Charles Engros and Jonathan Morris and associates Andrew Milano and Allison Gargano. Team members included partners Tom Cartwright, Min Duan, Terrence Dugan, and Philip Dowsett; of counsel Kathleen Martin and Jason Rodriguez; associates Felipe Alice, Brian Clement, Annie Heiss, Blair Broser, Melissa Grosett, and Jonathan Wilcon; partner Gary Rothstein and associates Gina Laurieo, Lauren Ridley, and Amber Roberts; partners Harry Robins and Izzet Sinan, as well as associate Martin D'Halluin; partners Paul Beausang, Charles Bogle, Richard Zarin, and Karen Butcher; associate Joseph Washington; partner David McManus; associate Andriette Roberts; and partner Judy Walkoff.
To read a press release issued by UBM regarding the transactions click here.
About Morgan, Lewis & Bockius LLP
Founded in 1873, Morgan Lewis offers more than 2,000 lawyers, patent agents, benefits advisers, regulatory scientists, and other specialists—in 28 offices across the United States, Europe, Asia, and the Middle East. The firm provides comprehensive litigation, corporate, transactional, regulatory, intellectual property, and labor and employment legal services to clients of all sizes—from globally established industry leaders to just-conceived start-ups. For more information about Morgan Lewis or its practices, please visit us online at www.morganlewis.com.
A photo accompanying this release is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=38179
CONTACT: Elliott Frieder
Director, Public Relations & Communications
+1.212.309.6809
[email protected]
