Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
EU Signals Major Shift on 2035 Combustion Engine Ban Amid Auto Industry Pressure 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper 
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate 
CMOC to Acquire Equinox Gold’s Brazilian Mines in $1 Billion Deal to Expand Precious Metals Portfolio 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip 
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
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]
