United States

(Pillsbury Desserts & Baking Mixes Portfolio)
Advised Diageo on divestiture of Pillsbury’s Desserts & Baking Mix business to gain FTC approval for the sale of Pillsbury to General Mills.

Advised Sterling Chemicals in connection with its Chapter 11 proceedings

Advised Westvaco Corporation, a packaging and paper products company, on its merger-of-equals with The Mead Corporation

Advised RCN, the nation’s largest cable overbuilder, in a tender offer for up to $1.1 billion in face value of public indebtedness

Advised Regal Cinemas, the largest theatre chain in the United States, on its prepackaged bankruptcy plan and acquisition by The Anschutz Corporation

Advised the Special Committee of Morton’s on sale of the Company.

(Pulp Chemicals Business)
Advised Sterling Chemicals on the disposal of its Pulp Chemicals Business. The business is one of the largest providers of chemicals for the processing and bleaching of pulp and paper products.

Advised Orius Corp, a leader in Telecom Services, on various strategic alternatives, including its ultimate standalone financial restructuring

Advised RCN on the negotiation of an amendment to its $734.4 million bank facility that adjusts and eliminates certain covenants and enables the use of up to $125 million of existing cash and up to $500 million of new secured capital for strategic deleveraging

Advised Wella AG, a global market leader in hair care and fragrances, on its sale to The Procter & Gamble Company