Sandisk Completes Debt-For-Equity Exchange and Secondary Offering

Simpson Thacher acted for J.P. Morgan Securities LLC (“JPM”) and BofA Securities, Inc. (“BofA”), each as selling stockholder, and the underwriters, led by JPM and BofA, in the secondary offering of 21,314,768 shares of common stock, including shares sold pursuant to the underwriters’ full exercise of their option to purchase additional shares of Sandisk Corporation.

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Delta Air Lines Completes $2 Billion Notes Offering

Simpson Thacher acted for the underwriters in a registered offering by Delta Air Lines of $2.0 billion aggregate principal amount of its senior notes, consisting of $1 billion aggregate principal amount of 4.950% Notes due 2028 and $1 billion aggregate principal amount of 5.250% Notes due 2030.

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NextGen Healthcare Welcomes Madison Dearborn Partners as New Investment Partner and Announces Planned Leadership Succession

Funds affiliated with Madison Dearborn Partners, LLC (“MDP”) have completed their acquisition of a significant stake in NextGen Healthcare, Inc. Goodwin Procter LLP acted as legal counsel to NextGen Healthcare while Kirkland & Ellis, LLP served as legal counsel to MDP.

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Hogan Lovells Advises on FCC TCPA Win for Utility Company Demand Response Communications

Hogan Lovells represented the Edison Electric Institute (EEI) in securing a pivotal declaratory ruling from the Federal Communications Commission (FCC), which confirmed that utility companies can send vital “demand response” messages to their customers under the Telephone Consumer Protection Act (TCPA).

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Former Simpson Thacher Chair Richard Beattie Dies

Former Simpson Thacher & Bartlett chair Richard Beattie who served in two administrations and worked on multiple blockbuster transactions, one of which was the subject of a bestselling book that was also turned into a TV movie, passed away on June 6.

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Kirkland Steers Warner Bros. Discovery Plan to Split Businesses

Three different teams from Kirkland & Ellis are working with Warner Bros. Discovery Inc. in its plan to split into two publicly traded companies, one that will house the HBO Max streaming service, and another that will hold its cable business and CNN.

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