Big Deals First Quarter 2018

by Law Week
Big Deals First Quarter 2018

ACQUISITION

$5,900,000,000
WILMERHALE

Client: Regal Entertainment Group
Team: Keith Trammell, partner; Andrew Bonnes, partner (Boston); Mark Borden, partner; Lily Brown, partner; Leon Greenfield, partner; Paul Jakubowski, partner; Jeff Johnson, partner; Scott Kilgore, partner; Justin Ochs, partner; Julie Hogan Rodgers, partner; Knute Salhus, partner; John Sigel, partner; Kim Wethly, partner
Other Parties: Cineworld Group PLC
Notes: On Dec. 5, Regal Entertainment Group announced that it entered into a definitive merger agreement with Cineworld Group PLC for Cineworld, the UK’s largest cinema operator, to acquire Regal, a motion picture exhibitor owning and operating one of the largest theater circuits in the U.S. Under the terms of the agreement, Regal stockholders are to receive $23 in cash for each share of Class A and Class B common stock for a total transaction value of $5.9 billion, including the assumption of debt and net of cash acquired. The offer price represents a premium of 43.2 percent over Regal’s 30-day unaffected weighted average share price of $16.06.

$129,400,000
HOLLAND & HART

Client: Contractors Equipment Center LLC
Team:Susan Oakes, partner; Paige Coriden, associate
Other Parties: HH Equipment Services Inc.
Other Law Firms: Dechert
Notes: Holland & Hart represented Contractors Equipment Center LLC, a nonresidential-construction-focused equipment rental company located in the greater Denver area, in the sale of 100 percent of its membership interests to H&E Equipment Services Inc., a Louisiana-based public company.

$115,200,000
BROWNSTEIN HYATT FARBER SCHRECK
Client:
KORE Investment
Team: Tal Diamant, shareholder; Robert Steinhoff, associate; David Curfman, shareholder; Erik Jensen, shareholder
Other Parties: Confidential
Notes: Brownstein represented KORE Investments LLC in an acquisition of a 12-story, 242,000-square-foot building housing Re/Max’s headquarters as well as buildings occupied by Shanahan’s Steakhouse and to be occupied by Snooze. The overall price per square foot is believed to be a record for southeast suburban Denver.

$16,000,000
BURNS FIGA & WILL
Client:
New 7000 East Shea LLC
Team: Matt Dillman, shareholder; Georginne Dudash, associate
Other Parties: 7000 E. Shea Boulevard LLC
Other Law Firms: Russ August & Kabat
Notes: Burns Figa & Will represented the buyer regarding its purchase of a retail shopping center in Scottsdale, Arizona.

To read this story and other complete articles featured in the May 21, 2018 print edition of Law Week Colorado, copies are available for purchase online.