Sullivan & Cromwell LLP

Simmons Files for Court Approval of Pre-Packaged Restructuring Plan with Overwhelming Creditor Support [Press Release]
PRNewswire | 7 days 8 hours 42 minutes ago
...visit www.epiqsystems.com Weil, Gotshal & Manges LLP is acting as legal counsel and Miller Buckfire & Co...advisor to the Company for the chapter 11 cases. Sullivan & Cromwell LLP is acting as legal counsel and Goldman, Sachs & Co...

IMS Health to be Acquired by TPG and CPP Investment Board [Press Release]
Business Wire | 18 days 6 hours 8 minutes ago
IMS Health (NYSE: RX), the world’s leading provider of market intelligence to the pharmaceutical and healthcare industries, today announced that it has entered into a definitive agreement to be acquired by investment funds managed by TPG Capital (“TPG”) and the CPP Investment Board (“CPPIB”) in a transaction with a total value of $5.2 billion, including the assumption of debt.

Ares Capital Corporation to Acquire Allied Capital Corporation [Press Release]
Business Wire | 28 days 7 hours 23 minutes ago
Ares Capital Corporation (NASDAQ: ARCC) and Allied Capital Corporation (NYSE: ALD) announced today that they have entered into a definitive agreement under which Ares Capital will acquire Allied Capital in an all stock transaction currently valued at $648 million, or approximately $3.47 per Allied Capital share. This represents a 27.3% premium to Allied Capital’s closing stock price on Friday, October 23, 2009. The Boards of Directors of both companies have each unanimously approved the trans...

Cascade Bancorp (Oregon) Enters Into Agreements to Sell $65 Million of Common Stock In Private Placements [Press Release]
PRNewswire | 24 days 17 hours 47 minutes ago
...securities. Davis Wright Tremaine LLP is acting as legal advisor to the...connection with the Private Offerings. Sullivan & Cromwell LLP is acting as legal advisor to Mr. Bolger and Simpson Thacher & Bartlett LLP is acting as legal advisor to Lightyear...

EverBank Reaches Agreement to Acquire Tygris [Press Release]
MarketWire | 31 days 20 hours 38 minutes ago
JACKSONVILLE, FL -- (Marketwire) -- 10/22/09 -- EverBank Financial Corp®, one of the nation's largest privately-held financial services firms, announced today it has reached a definitive agreement to acquire Tygris Commercial Finance Group, Inc., a commercial finance and leasing company.

CIT Amends Restructuring Plan [Press Release]
Business Wire | 37 days 17 hours 18 minutes ago
CIT Group Inc. (NYSE: CIT), a leading provider of financing to small businesses and middle market companies, today announced that it has amended its restructuring plan to further build bondholder support. The amendments have been approved by CIT’s Board of Directors and the Steering Committee of CIT’s bondholders.

West Coast Bancorp Raises $155 Million in Capital Through Private Placements and Announces Q3 Financial Results [Press Release]
PRNewswire | 28 days 3 hours 38 minutes ago
LAKE OSWEGO, Ore., Oct. 26 /PRNewswire-FirstCall/ -- West Coast Bancorp

TeliaSonera Initiates Actions for Squeeze-out Following Successful Completion of Cash Offer for Eesti Telekom [Press Release]
Business Wire | 41 days 14 hours 48 minutes ago
Regulatory News:

TeliaSonera controls 68 percent of the votes in TEO LT [Press Release]
Business Wire | 41 days 14 hours 24 minutes ago
Regulatory News:

Investor Group to Acquire Majority Stake in Skype [Press Release]
PRNewswire | 83 days 6 hours 36 minutes ago
...and have committed to provide the financing necessary to complete the transaction. Sullivan & Cromwell LLP, Simpson Thacher & Bartlett LLP, Bird & Bird LLP and Michael Silverleaf QC are acting as legal advisors to the investor group. Goldman...

Simmons Announces Restructuring Plan [Press Release]
PRNewswire | 59 days 9 hours 35 minutes ago
...and Exchange Commission. Weil, Gotshal & Manges LLP is acting as legal counsel and Miller Buckfire & Co., LLC is acting as financial advisor to Simmons. Sullivan & Cromwell LLP is acting as legal counsel and Goldman, Sachs & Co...

CIT Enters into Restructuring Plan Support Agreement with Carl Icahn and Obtains Incremental $1 Billion Committed Line of Credit from Icahn Capital LP [Press Release]
Business Wire | 24 days 3 hours 20 minutes ago
CIT Group Inc. (NYSE: CIT), a leading provider of financing to small businesses and middle market companies, today announced that it has entered into an agreement with Carl Icahn to support its restructuring plan and secured an incremental $1 billion committed line of credit from Icahn Capital LP to provide supplemental liquidity for CIT as it pursues that plan.

CIT Provides Update on Restructuring Plan [Press Release]
Business Wire | 24 days 9 hours 38 minutes ago
CIT Group Inc. (NYSE: CIT), a leading provider of financing to small businesses and middle market companies, today announced that the exchange offers and solicitation for certain of the Company’s outstanding series of notes, excluding those maturing after 2018 and those issued by CIT Group Funding Company of Delaware, expired at 11:59 p.m. New York City time on Thursday, October 29, 2009.

CIT Obtains Additional $4.5 Billion in Financing Through Expansion of Existing Secured Credit Facility [Press Release]
Business Wire | 26 days 3 hours 26 minutes ago
CIT Group Inc. (NYSE: CIT), a leading provider of financing to small businesses and middle market companies, today announced that it has expanded its current $3 billion senior secured credit facility by an additional $4.5 billion. The new $4.5 billion tranche, which is being provided by a diverse group of lenders, including many of the Company’s bondholders, will be secured by substantially the same assets as the existing $3 billion tranche and any additional collateral that becomes available...

CIT Announces Accelerated Process for Appointing New Directors in Potential Prepackaged Plan of Reorganization [Press Release]
Business Wire | 26 days 38 minutes ago
CIT Group Inc., a leading provider of financing to small businesses and middle market companies, today announced a modification of its Amended Offering Memorandum (dated October 16, 2009 and supplemented October 23, 2009) that will accelerate changes to its Board of Directors in a potential prepackaged plan of reorganization scenario. Immediately upon effectiveness of CIT’s plan of reorganization, a majority of the Directors will be individuals who were identified by bondholders.