Cravath’s New York Office Moves to Two Manhattan West
On November 3, 2014, Casa Cuervo and Diageo entered into an agreement under which Casa Cuervo will acquire The “Old Bushmills” Distillery Limited, including the Bushmills® Irish Whiskey brand, and Diageo will acquire full ownership and control of Don Julio Tequila plus cash in the amount of $408 million. Cravath represented Casa Cuervo in this transaction, which is expected to close in early 2015 subject to certain approvals.
The Cravath team was led by partner Mark I. Greene and included associates Gillian L. Warmflash, Aaron D. Suh and David P. Willard on M&A matters; partners Tatiana Lapushchik and D. Scott Bennett and associates A. Rebecca Hurt and Rachael G. Coffey on finance matters; partner David J. Kappos on intellectual property matters; partner Eric W. Hilfers and associate Matthew J. Bobby on executive compensation and benefits matters; partner Stephen L. Gordon and associate Ashley N. Elnicki on tax matters; and senior attorney Annmarie M. Terraciano on environmental matters. Christopher P. Davis also worked on intellectual property matters.
Deals & Cases
February 24, 2025
On February 24, 2025, Bridge Investment Group Holdings Inc. (“Bridge”), a leading alternative investment manager diversified across specialized asset classes, and Apollo Global Management, Inc. (“Apollo”) announced they have entered into a definitive agreement for Apollo to acquire Bridge in an all‑stock transaction with an equity value of approximately $1.5 billion. Under the terms of the transaction, Bridge stockholders and Bridge OpCo unitholders will receive 0.07081 shares of Apollo stock for each share of Bridge Class A common stock and each Bridge OpCo Class A common unit, respectively, valued by the parties at $11.50 per each share of Bridge Class A common stock and Bridge OpCo Class A common unit, respectively. Cravath is representing the special committee of the Bridge Board of Directors in connection with the transaction.
Deals & Cases
February 10, 2025
On February 10, 2025, FactSet, a global financial digital platform and enterprise solutions provider, announced the acquisition of LiquidityBook, a leading provider of cloud‑native buy- and sell‑side trading solutions, for a gross purchase price of $246.5 million in cash. Cravath is representing FactSet in connection with the transaction.
Deals & Cases
January 22, 2025
On January 22, 2025, CardWorks, Inc. (“CardWorks”), a leader in credit and payments, and Ally Financial Inc. (“Ally”), a financial services company with the nation’s largest all‑digital bank and an industry‑leading auto financing business, announced that they have entered into a definitive agreement for CardWorks, and its wholly‑owned bank subsidiary, Merrick Bank, to acquire Ally’s credit card business, including a portfolio of $2.3 billion in credit card receivables with 1.3 million active cardholders as of December 31, 2024. Cravath is representing CardWorks in connection with the transaction.
Deals & Cases
January 13, 2025
On January 13, 2025, Johnson & Johnson and Intra‑Cellular Therapies, Inc. announced that they have entered into a definitive agreement under which Johnson & Johnson will acquire all outstanding shares of Intra‑Cellular Therapies, a biopharmaceutical company focused on the development and commercialization of therapeutics for central nervous system (CNS) disorders, for $132 per share in cash for a total equity value of approximately $14.6 billion. Cravath is representing Johnson & Johnson in connection with the transaction.
Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.
Attorney Advertising. ©2025 Cravath, Swaine & Moore LLP.