Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 05-05-2015 | Practice Area: | Corporate and M&A |
| Deal Title: | Pitney Bowes Acquisition of Borderfree | Industry: | Support Services |
| Description: |
On May 5, 2015, Pitney Bowes Inc., a global technology company that provides innovative products and solutions to power commerce, announced that it has signed a definitive agreement to acquire Borderfree, a market leader in global ecommerce solutions, for USD14.00 per share in cash or approximately USD395 million in the aggregate, net of expected cash and investments on Borderfree's balance sheet at the time of closing. Cravath represented Pitney Bowes in connection with this transaction.
The Cravath team was led by partners Ting S. Chen and Scott A. Barshay.
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| Financial Center: | New York | Value: | 100.01-500.00 |
| Advised Party: | Acquiror | Law Firm | Cravath |
| Target Company Jurisdiction: | United States | Acquiror Jurisdiction: | United States |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Ting S Chen |
