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Lindsay Goldberg's Acquisition of Glatfelter's Specialty Papers Business Unit

On August 21, 2018, Glatfelter, a global supplier of specialty paper and engineered products, announced that it has entered into a definitive agreement to sell its Specialty Papers Business Unit on a cash free and debt free basis to Lindsay Goldberg for a total sale price of $360 million. Cravath is representing Lindsay Goldberg in connection with the transaction.

The Cravath team is led by partner Thomas E. Dunn and includes associates Kelly M. Smercina, Lillian C. Bond and Shaylyn Harper on M&A matters; partner J. Leonard Teti II and associates Cecily Xi and Rebecca L. Fine on tax matters; partners Jennifer S. Conway and Jonathan J. Katz, practice area attorney Romica Singh and associate Daniel P. Herrmann on executive compensation and benefits matters; partner David J. Kappos and associates Miling Y. Harrington and Jessica M. Goodman on intellectual property matters; partner Tatiana Lapushchik and associate Amber Lam on financing matters; partner Matthew Morreale and senior attorney Annmarie M. Terraciano on environmental matters; practice area attorneys Brian M. Budnick and Laurel R. Berkowitz on real estate matters; and senior attorney Jesse M. Weiss on antitrust matters.