Pitney Bowes’s Sale of Borderfree to Global‑e
June 21, 2022
On June 21, 2022, Pitney Bowes, a global shipping and mailing company, and Global‑e, a cross‑border end‑to‑end platform for brands and retailers, announced they have entered into a definitive agreement for Global‑e to acquire from Pitney Bowes the Borderfree cross‑border ecommerce solutions business. In addition, the companies will begin a strategic partnership and commercial relationship whereby Pitney Bowes will provide cross‑border ecommerce logistics services to Global‑e and its clients, and Pitney Bowes’s clients will receive access to cross‑border solutions on the Global‑e platform. Cravath is representing Pitney Bowes in connection with the transaction.
The Cravath team is led by partner Ting S. Chen and includes associates Cole DuMond and Peter Kim on M&A matters; partner Eric W. Hilfers and associates Jana I. Hymowitz and Molly E. Nichols on executive compensation and benefits matters; partner David J. Kappos and associate Carys J. Webb on intellectual property matters; partner Andrew T. Davis and associate Kyle R. Jorstad on tax matters; and practice area attorney Brian M. Budnick on real estate matters. J. Elizabeth Allan also worked on M&A matters.
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J.D., 2006, Stanford Law School
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A.B., 2003, Harvard CollegePhi Beta Kappa, summa cum laude
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J.D., 2016, University of Pennsylvania Law Schoolcum laude
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B.S., 2013, Cornell University
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J.D., 1998, University of Chicago Law Schoolwith Honors
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A.B., 1995, Princeton University
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J.D., 1990, University of California, Berkeley, School of Law
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B.S., 1983, University of California, Davissumma cum laude
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LL.M., 2020, New York University School of Law
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J.D., 2014, Stanford Law School
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A.B., 2010, Princeton Universitysumma cum laude
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J.D., 2011, Benjamin N. Cardozo School of Lawcum laude
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B.A., 2006, University of Virginia
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