April 08, 2013
Weil ranked #2 in announced Worldwide M&A deals by Thomson Reuters for the first quarter of 2013, with 16.4 percent market share and $89.2 billion in deal volume. Weil also ranked #2 in announced US deals with 28.8 percent market share and $89.2 billion in deal value.
Weil handled significant deals across many of the most active industries in the first quarter of 2013. Representative deals include: General Electric’s $18.1 billion sale of its remaining 49 percent stake in NBCUniversal and related real estate to Comcast; American Realty’s $9 billion unsolicited offer (including assumption of debt) to purchase 100 percent of the outstanding common stock of Cole Credit Property Trust III, Inc.; Kinder Morgan’s $5 billion acquisition of Copano Energy LLC; AMR Corporation’s $11 billion merger with US Airways Groups (creating, when consummated, the world's largest airline); Oracle’s $1.7 billion acquisition of Acme Packet; and Dell's $24.4 billion going private acquisition by Michael Dell and Silver Lake Partners (Weil represented Evercore Partners, financial advisor to the Special Committee of Dell’s Board of Directors).
Weil also received top rankings in the Real Estate M&A, High Technology M&A, and Media M&A categories. Weil ranked #1 in announced US Real Estate M&A deals, with 29.7 percent market share and $10.6 billion in deal volume; #1 in announced US High Technology M&A deals, with 73.8 percent market share and $41.6 billion in deal volume; and #2 in announced US Media M&A deals, with 63 percent market share and $16.7 billion in deal volume.
This news was also reported in the following outlets (may require registration/registration):
- New York Law Journal: Mega-Transactions Fuel Rise in Deal Value (April 4, 2013)
- The New York Times DealBook: Mergers Slowed to a Snail’s Pace in the Quarter, the Fewest Since 2003 (April 2, 2013)
- The Am Law Daily: Davis Polk Tops List of M&A Advisers for First Quarter of 2013 (April 2, 2013)