Arrangement of Financing for Acquisition of Pharmaceutical Product Development
October 04, 2011
On October 3, 2011, Pharmaceutical Product Development, a leading global contract research organization, announced that it has entered into a definitive merger agreement under which it will be acquired by affiliates of The Carlyle Group and Hellman & Friedman in a transaction valued at approximately $3.9 billion. Cravath represented Credit Suisse as a lead arranger of $2.2 billion in committed financing to be provided to affiliates of The Carlyle Group and Hellman & Friedman.
The Cravath team included partner Craig F. Arcella and associates Joseph D. Zavaglia, Michelle Y. Park and David S. Mitchell on corporate matters; partner Michael L. Schler on tax matters; and partner Jeffrey A. Smith on environmental matters.
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People
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J.D., 1998, Columbia Law SchoolHarlan Fiske Stone Scholar
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B.A., 1995, Duke University
- New York
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J.D., 2004, Brooklyn Law SchoolValedictorian, summa cum laude
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B.B.A., 2001, College of Insurancecum laude
- New York
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LL.M., 1979, New York University
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J.D., 1973, Yale Law School
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B.A., 1970, Harvard Universitymagna cum laude
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