Alston & Bird has been ranked among the leading counsel to investment banks advising on M&A deals valued in excess of $100 million during the first half of 2016.
In rankings published by Corporate Control Alert, the legal and financial dealmaking journal, Alston & Bird placed No. 8 among counsel advising investment banks on deals announced between Jan. 1 and June 30, 2016, with a value of $100 million or more.
As noted by the publication, during the first half of 2016, partners Kevin Miller and Aaron Dixon, who co-head Alston & Bird’s Financial Advisors Practice, acted as counsel to the financial advisors in eight transactions having an aggregate value of more than $12 billion, including the financial advisors to:
Range Resources Corp. in connection with its acquisition of Memorial Resource Development Corp. for $4.4 billion in all-stock transaction and debt
Algonquin Power & Utilities Corp. in connection with its acquisition of Empire District Electric Co. for $2.4 billion (C$3.4 billion)
Krispy Kreme Doughnuts Inc. in connection with its acquisition by JAB Beech Inc. for $1.35 billion in cash
Nasdaq Inc. in connection with its acquisition of International Securities Exchange Holdings Inc. from Deutsche Borse AG for $1.1 billion (RM4.53 billion) in cash
Alston & Bird is consistently ranked among the top 10 law firms representing financial advisors in M&A deals by Corporate Control Alert, having in recent years acted as counsel to investment banks in transactions valued at more than $300 billion.