Uber Technologies, Inc. (NYSE: UBER) and Postmates Inc. have announced that they have reached a definitive agreement under which Uber will acquire Postmates for approximately $2.65 billion in an all-stock transaction.
06 Jul 2020 – Legal.Powerlist News Team
Uber Technologies, Inc. (NYSE: UBER) and Postmates Inc. have announced that they have reached a definitive agreement under which Uber will acquire Postmates for approximately $2.65 billion in an all-stock transaction.
Latham & Watkins LLP represents Postmates in the transaction with a corporate deal team led by Bay Area partners Tad Freese and Chad Rolston, with M&A associates Saad Khanani, Adam Whitaker, Daniel Harrist, Rebecca Kendall, and Rachelle Polsky, and capital markets associates Phillip Stoup, Meredith Peake, and Kaitlyn Fulcher. Advice was also provided on antitrust matters by Bay Area partner Joshua Holian, with associates Silvia Segade Sanz, Damon Porter, and Brian O’Connell; on tax matters by Bay Area partner Grace Lee, with associates Jeremiah Cowen and Abigail Friedman; on benefits and compensation matters by Bay Area partner James Metz, with associates Brianna Stellpflug and Erik Ward; on intellectual property matters by Bay Area partner Anthony Klein, with associates Arielle Singh, Adam Kaldor, and Caroline Omotayo; and on data privacy matters by Bay Area counsel Robert Blamires, with associate James Smith.
