Pre-Paid Legal/MidOcean
On January 31, 2011, Pre-Paid Legal Services, Inc. (NYSE: PPD) announced that they have entered into a definitive agreement to be acquired by MidOcean PPL Holdings Corp. and PPL Acquisition Corp., both newly created entities formed by MidOcean Partners, for $66.50 per outstanding share, or a total consideration of $650 million.
Closing is expected before July 31, 2011.
The Special Committee was advised by an independent financial advisor, Berenson & Company, and an independent legal advisor, Mayer Brown LLP. Macquarie Capital acted as financial advisor to MidOcean Partners and Kirkland & Ellis LLP acted as legal advisor.
Closing is expected before July 31, 2011.
The Special Committee was advised by an independent financial advisor, Berenson & Company, and an independent legal advisor, Mayer Brown LLP. Macquarie Capital acted as financial advisor to MidOcean Partners and Kirkland & Ellis LLP acted as legal advisor.
