Pitney Bowes’s Acquisition of Newgistics
September 08, 2017
On September 6, 2017, Pitney Bowes, a global technology company that provides innovative products and solutions to power commerce, announced that it has signed a definitive agreement to acquire Newgistics, Inc., an Austin, Texas‑based provider of parcel delivery, returns, fulfillment and digital commerce solutions for retailers and e‑commerce brands, for approximately $475 million. Cravath is representing Pitney Bowes in connection with the transaction.
The Cravath team is led by partner Ting S. Chen and includes associates Daniel R. Satin and Lillian C. Bond on M&A matters; partner Lauren Angelilli, senior attorney Andrew Carlon and associate Lingfeng Li on tax matters; partner Eric W. Hilfers and associates Matthew Cantor, Daniel P. Herrmann and Sally Ye on executive compensation and benefits matters; partner Matthew Morreale on environmental matters; partner Margaret Segall D’Amico and associate Darnell Stanislaus on antitrust matters; practice area attorney Brian M. Budnick on real estate matters; and practice area attorney Anthony N. Magistrale on intellectual property matters. Timothy N. Nguyen and Sabino M. Casella also worked on M&A matters.
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People
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J.D., 2006, Stanford Law School
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A.B., 2003, Harvard CollegePhi Beta Kappa, summa cum laude
- New York
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J.D., 2000, Harvard Law Schoolcum laude
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B.S., 1996, The Wharton School of the University of Pennsylvaniamagna cum laude
- New York
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J.D., 1998, University of Chicago Law Schoolwith Honors
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A.B., 1995, Princeton University
- New York
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J.D., 1997, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Pennsylvania
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B.A., 1990, University of Pennsylvania
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B.A.S., 1990, University of Pennsylvania
- New York
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J.D., 2008, Harvard Law Schoolcum laude
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A.B., 2003, Harvard Collegemagna cum laude
- New York
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J.D., 2011, Benjamin N. Cardozo School of Lawcum laude
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B.A., 2006, University of Virginia
- New York
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