AGL Resources’s $12 Billion Acquisition by Southern Company
August 24, 2015
On August 24, 2015, Southern Company and AGL Resources announced that the boards of directors of both companies have approved a definitive merger agreement to create America’s leading U.S. electric and gas utility company. Pursuant to the agreement, Southern Company will acquire AGL Resources for cash in a transaction with an enterprise value of approximately $12 billion, including a total equity value of approximately $8 billion. Cravath represented AGL Resources in connection with this transaction.
The Cravath team was led by partners Richard Hall and Andrew R. Thompson and included associates Jared B. Taylor, Christopher S. Boutros and Feihong Xu on M&A matters; partner Eric W. Hilfers and associate Matthew Cantor on executive compensation and benefits matters; partner Christopher K. Fargo, senior attorney Andrew Carlon and associate Sara L. Lykken on tax matters; partner David J. Kappos and associate Christopher P. Davis on intellectual property matters; partner Christine A. Varney and associate Caitlin N. Fitzpatrick on antitrust matters; partner George E. Zobitz on financing matters; and senior attorney Annmarie M. Terraciano on environmental matters.
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People
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LL.M., 1988, Harvard Law School
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LL.B., 1986, University of Melbournewith Honors
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B.Com., 1984, University of Melbournewith Honors
- New York
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J.D., 1998, University of Chicago Law Schoolwith Honors
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A.B., 1995, Princeton University
- New York
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J.D., 2006, Columbia Law SchoolHarlan Fiske Stone; Michael Lynne Scholar
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B.A., 2003, Boston CollegeHonors Program, cum laude
- New York
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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
- New York
- California
- District of Columbia
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J.D., 1986, Georgetown University Law Center
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M.P.A., 1982, Syracuse University
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B.A., 1977, State University of New York, Albany
- New York
- District of Columbia
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J.D., 1995, New York University School of Lawwith Honors, cum laude
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B.A., 1991, Franklin & Marshall College
- New York
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J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
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M.S., 1994, University of Wisconsin - Madison
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B.A., 1989, Wellesley Collegecum laude
- New York
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