Winston & Strawn partner Bill Grant represented the Special Committee of GLG Partners, Inc. and led the May 17 agreement for Man Group plc to acquire GLG. GLG, a global asset management company, and Man Group, the world's largest listed hedge fund manager, will create a new giant in the financial industry.
The acquisition will be made through two concurrent transactions: a cash merger under a merger agreement entered into among GLG, Man Group and a Man merger subsidiary; and a share exchange under an agreement entered into among GLG's principals and two limited partnerships that hold shares for the benefit of key personnel who are participants in GLG's equity participation plan and Man.
Mr. Grant is partner in the firm's New York office; his practice focuses on mergers and acquisitions, private equity, corporate finance transactions, and corporate governance. |
