Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 24-08-2015 | Practice Area: | Corporate and M&A |
| Deal Title: | AGL Resources Acquisition by Southern Company | Industry: | Electricity |
| Description: |
On August 24, 2015, Southern Company and AGL Resources announced that the boards of directors of both companies had approved a definitive merger agreement to create America's leading US electric and gas utility company. Pursuant to the agreement, Southern Company will acquire AGL Resources for cash in a transaction with an enterprise value of approximately USD12 billion, including a total equity value of approximately USD8 billion. Cravath represented AGL Resources in connection with this transaction.
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| Financial Center: | New York | Value: | 5000.01-10000.00 |
| Advised Party: | Target Company | Law Firm | Cravath |
| Target Company Jurisdiction: | United States | Acquiror Jurisdiction: | United States |
| Classification: |
Strategic Buyer Acquisitions Public Company - Recommended Offer |
Lawyer | Richard Hall |
